How to get an instant $50 loan with no credit check

$50 Loans: compare pay advance apps, credit card options, payday loan alternatives and tips for getting approved for a loan

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Dealing with unexpected expenses can be challenging for many people, and every dollar counts. If you find yourself just short at the end of the month, a $50 loan can be a lifeline. This could fill the gap until your next paycheck, let you get some groceries or cover an over draft fee from your bank.

We’ll walk you through the ins and outs of getting instant loans with legit lenders, ensuring you have everything you need to make informed decisions when every penny counts. 

Table of Contents

    Comparing lenders for $50 loans

    Several lenders offer $50 loans, and some are better than others. A few cash advance apps and lenders to consider include but are not limited to the following: 


    Dave is more than just a lending platform; it’s a financial companion. Aimed at preventing expensive overdraft fees, Dave offers a friendly hand when you’re running low.


    • Offers budgeting assistance and predictive expense alerts.
    • Provides a $75 cash advance with zero interest.
    • No credit check required, ensuring quick and easy access to funds.
    • Includes automatic budgeting tools to help manage finances more effectively.
    • Offers Side Hustle feature to connect users with income-earning opportunities.


    Dave charges a minimal monthly fee, with tips being optional.


    Earnin’ reimagines the payday loan system by letting you access your earnings as you earn them, also known as pay advance. It’s a proactive approach to managing finances.


    • Amount borrowed is based on hours already worked, typically up to $500 per pay period.
    • No mandatory fees or interest—pay what you think is fair.
    • Balance Shield alerts help avoid overdraft fees.
    • Health Aid feature negotiates medical bills down to a more manageable amount.
    • Earnin Express offers faster cashouts and higher cash advance limits.


    Earnin’ operates on a tip-based model, letting users decide what they want to pay.


    Chime is a pioneer in online banking, offering various financial solutions, including short-term loans.


    • Get paid up to two days early with direct deposit.
    • Automated savings tools help grow your funds.
    • Fee-free overdraft up to $200 on debit card purchases with SpotMe.
    • No hidden fees, plus over 38,000 fee-free ATMs with Moneypass and Visa Plus Alliance.
    • Offers Credit Builder, a secured credit card to help build your credit.


    Chime doesn’t charge monthly fees or overdraft fees, ensuring transparent banking.


    Brigit is not just another finance app; it’s your financial support buddy. Designed to prevent overdrafts and late payment fees, Brigit offers a safety net for those unpredictable financial moments.


    • Offers instant cash advances up to $250 without a credit check.
    • Provides financial insights and budgeting tools to help manage expenses.
    • Alerts for upcoming bills to avoid late payments and overdrafts.


    • Brigit comes with a small monthly subscription fee, ensuring full access to all its powerful features without any hidden costs.


    Klover stands out with its innovative approach to financial wellness. It’s not just a service; it’s a movement towards smarter, more empowering financial decisions.


    • Provides instant cash advances with no interest up to $200, allowing you to access your money when you need it.
    • Offers unique features like spending insights and overdraft predictions to keep your finances in check.
    • The Klover points system rewards users for healthy financial habits, redeemable for larger advances and other perks.


    • Klover operates on a subscription model, offering a free basic plan with optional premium features for a nominal fee. The focus is on transparency and value, with no hidden fees.


    Albert combines AI technology with human financial expertise to offer a personalized finance experience. It’s more than an app; it’s your financial genius on the go.


    • Provides a suite of financial tools, including automated savings, budgeting, and investing.
    • Overdraft up to $250 plus cashback when using their credit card
    • Offers a Genius feature: personalized finance advice from a team of experts, tailored to your financial goals.
    • Instant cash advances to cover urgent expenses, ensuring you’re always financially secure.


    • Albert offers a free basic version with the option to subscribe to Albert Genius for a small monthly fee, which unlocks premium features and personalized financial advice.

    Credit Card Cash Advances

    A credit card cash advance allows you to withdraw cash directly from your credit card. It’s a convenient option for those who already own a credit card and need immediate funds.


    • Instant access to cash without the need for an additional loan application.
    • Available anywhere your credit card is accepted.


    • Cash advances typically have higher interest rates than regular credit card purchases and may also include additional fees. 
    • The average cash advance interest rates typically range from 17.99% to 29.99% APR

    Payday Loans

    Payday loans are a popular short-term lending option known for their ease of access. They are typically meant to tide you over until your next paycheck.


    • Quick approval, often without a comprehensive credit check.
    • Immediate access to cash for urgent needs.


    • Many state laws set a maximum amount for payday loan fees ranging from $10 to $30 for every $100 borrowed.
    • A typical two-week payday loan with a $15 per $100 fee equates to an annual percentage rate (APR) of almost 400 percent.

    Where to get a $50 loan in the US

    When looking for a quick $50 loan, the United States has plenty of options. There’s something for everyone, ranging from dedicated apps like Dave or Brigit to more comprehensive online banking platforms like Chime or payday loan lenders. You can also look at local credit unions that offer micro-loans to ensure you have extra cash when needed.  

    How to get approved for a $50 loan

    Getting approval for a loan, even one as small as $50, requires research. The first thing you should do is learn the lender’s requirements. They usually consider income stability, age, and residency status. Having your documents ready, like proof of income and ID, can help speed up the process. Each lender has its own requirements, and being prepared and transparent can help your application. 

    Can I get approved for an instant loan with bad credit?

    For people with less-than-perfect credit, there are no credit check loans available. Many modern lending platforms consider your job stability and recent financial behavior, not just your credit score. A higher score can open more doors, but several lenders have solutions for people with bad credit. 

    Alternatives to $50 loans

    There are other options if you’re hesitant to borrow or if loans aren’t the best option.

    • Consider contacting local community programs or charities that provide emergency funds.
    • Another option is to look into cash advances from your job or to discuss a deferred payment plan with whoever you owe.
    • Another viable option is peer-to-peer lending, where individuals lend to others through online platforms.

    Remember, it’s all about determining what works best for your comfort and financial situation.

    Sara Rumlow
    Writer | Website | + posts

    Sara's experience in the financial sector and her expertise in writing about financial topics have made her a valuable resource for clients in the finance industry. Her ability to simplify complex financial concepts and make them accessible to a broader audience has helped many people make better-informed decisions about their finances.

    When she's not working, Sara loves spending time with her dogs and exploring the woods around her house. She enjoys hiking and camping and is always on the lookout for new trails and scenic spots to explore. Her love for nature and animals inspires her to write about environmental issues and animal welfare.

    Loan Reviews

    Online personal loans for Americans with good and excellent credit.

    Best Egg is an online lending platform that helps people who have good to excellent credit get fast loans up to $50,000. Watch out for the origination fee and if you have bad credit you're better off applying elsewhere. 

    Debt consolidation loans for people with bad credit.

    Have bad credit and in an emergency? Get a same-day loan up to $2,000 with MoneyKey. MoneyKey is a legit lender with an easy online application, quick approval and fast funding.

    Red Arrow Loans provides fast funding for loans up to $5,000 and terms up to 12 months. They are a legit lender but watch out for fees and marketing from 3rd party companies.