About This App
When unexpected expenses pop up between paychecks, managing your finances can become a source of stress. Empower offers a way to access funds quickly without the hassle of traditional loans.
For those looking to improve their financial standing, this app provides tools that not only help with immediate cash needs but also assist in building credit and saving for the future.
Best For
- Individuals needing short-term cash advances
- Users aiming to build or improve their credit score
- People seeking automated savings solutions
- Those who want to monitor their credit score easily
- Users looking for an alternative to overdraft fees
Key Features
Instant Cash Advance
Provides access to small amounts of cash, from $10 to $250, when you're short on funds before your next payday, helping you avoid late fees and financial stress.
Credit Building
Offers a line of credit designed to help users establish and improve their credit history by reporting on-time payments to credit bureaus.
Automated Savings
Monitors your spending and income to automatically set aside funds for your savings goals, making consistent saving effortless.
Editor's Notes
- The app's core functionality of providing cash advances without credit checks is a significant draw for many users. The added features for credit building and savings offer a more comprehensive financial tool.
- While the $8 monthly subscription fee is noted, it's important for users to weigh this against potential overdraft fees or the cost of other short-term borrowing options. The trial period allows users to test the service.
User Feedback
Users appreciate the convenience of quick cash advances and the tools for credit building and savings, although some mention the monthly fee.