Written by Grace Green
In Cash Advance
On February 14, 2023
Looking for a cash advance? Wanna know how to borrow money from Albert? We got you.
You know the feeling. You’re all set to glide to payday. And then you find yourself with a broken-down car. Or some other unexpected expense.
This is where sneaky overdraft fees and predatory payday loan apps come in, designed to trap you in a downwards money spiral. (Don't even get us started on all the reasons why “overdraft protection” is BS.)
Luckily, there are plenty of safe apps that offer instant cash advances out there - with no interest, and no credit checks required. Today, we’re exploring how to borrow money from Albert.
Yes, Albert lets you borrow money. With its Advance cash feature, you can get up to $250. If you're asking, "Does Albert let you borrow money without a hassle?" the answer is yes because it's super easy to do.
A cash advance is calculated against your credit card limit or income, so you’re effectively borrowing from your next paycheck in advance of receiving it.
Or as Albert put it on the app’s website: “We’ll send up to $250 from your next paycheck straight to your bank account. Just repay us when you get paid.” Your next question might be, “How does Albert Cash Advance work?” It’s up next!
Albert lets you borrow up to $250 dollars. There are no credit checks for Albert Instant cash advances. This amount depends on a variety of factors, including how much money you make.
Albert states on the app’s website that it primarily looks to find:
Your income is direct deposited into your connected bank account.
Your connected bank account has been open for at least 2 months and has a balance greater than $0 (no negative balance).
You've received consistent income in the past 2 months from the same employer.
Your recent paycheck was received on time and funds are still available 24 hours after your payday.
You can borrow up to three Albert cash advances per pay period, though you must repay your outstanding loan before receiving another.
According to Albert, if you direct your cash advance to your linked bank account, you will receive the cash in 2-3 days. This helps you get the hang of how to borrow money from Albert easily.
Otherwise, there is a $6.99 fee for instant transfer.
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Still have questions? Find answers below.