Financial technology company exists. They provide banking services to the people. These researched content will expose you to know the loan apps that work with Chime. These apps are compatible with Chime, which directly means that it is linked to Chime account services.
Chime is an online bank account that gives you access to your pay urgently. The account allows you to have you wage the same day your employer paid it.
It is a full-service bank account. You can transfer, receive, and deposit cheques.
Loans Apps that Work with Chime
As at writing this article, Dave and Cleo are both apps that allow you link Chime accounts to access features like cash advances. Let us explain these loan apps in detail.
1. Dave App
It combines with some features of earning and Chime. The app is available for iOS and Android. You can receive up to $10 with no interest rate fee or other fees. No credit checks, helps build credit history, tracks spending and pays early. You pay $1 per month with no cash advance fee.
- Dave membership
- Bank Account
2. Cleo App
Cleo application is rendering loan and receiving a check advance of up to $100. It also works on a fee budgeting.
- Cleo plus account
- Bank account.
3. Branch Loan App
Branch loan app also works with Chime and they accept only Safaricom network. They operate in countries in Africa. In addition, they also have offices in distinct parts of the world, like the United states, San Francisco, etc.
They are also like banks within your reach. You can quickly access their loans using your smartphone. Branch loan is one of the best loans in Kenya and disburses money within minutes.
4. Haraka Loan App
They work with Chime to provide instant M-Pesa loans to citizens of Kenya between the ages of 18 years to 60 years. You can access Ksh 500 to Ksh 5,000, with a repayment tenure of 30 days. It has an interest rate of 23%.
The owner of the app is a South African lender called GetBucks. They also offer their loan services to other parts of African countries.
Additional Loan App that May Work with Chime
There are apps anyone cannot download and use independently without their employer’s partnership with Chime. These apps allow early access to paycheck and may work with Chime. However, these apps are employers sponsored applications. Often, employers offer them as an employee benefit. They are:
- Tap check
- Daily pay
With lending apps like Chime, you may be able to get a cash advance when you need one. These advances will cover unplanned expenses before the next paycheck. You also get your money same day it was paid without any sort of delay.