Earned wage access, cash advance apps and payday loans can fill a gap, but fees and "tips" can add up to a very high cost, and repeated use can make every month tighter.
Before you use one
- Add up every fee, expedite charge and suggested tip
- Compare the cost with a late fee or a payment plan
- Ask your credit union about small-dollar loans
- Make a plan to stop needing it, like building a small buffer
General educational information, not financial or tax advice. Little by Little Cash isn't paid by any lender, app or gig platform.