[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/dave-review\/#Article","mainEntityOfPage":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/dave-review\/","headline":"Dave Review 2025: Cash Advance Up To $250 With No Credit Check","name":"Dave Review 2025: Cash Advance Up To $250 With No Credit Check","description":"Dave Best For: People who need a low-cost payday advance.Pros: Dave connects with your...","datePublished":"2022-01-26","dateModified":"2025-01-19","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/dave-app-review.jpg","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/dave-app-review.jpg","height":460,"width":1900},"url":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/dave-review\/","about":["Personal Loans"],"wordCount":3744,"articleBody":"\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDave\t\t\t\tBest For: People who need a low-cost payday advance.Pros: Dave connects with your bank account, so you can get small loans fast with no credit check.Cons: Although Dave doesn\u2019t technically charge any interest, the $1\/month subscription and other optional fees can add up.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAPR:\t\t\t\t\t\t\t\t\t\t10\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFees:\t\t\t\t\t\t\t\t\t\t4\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tTransparency:\t\t\t\t\t\t\t\t\t\t2\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFlexibility:\t\t\t\t\t\t\t\t\t\t7\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFunding Speed:\t\t\t\t\t\t\t\t\t\t8\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccessibility:\t\t\t\t\t\t\t\t\t\t8\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAPR:0%Minimum Credit:No minimum credit score requirement.Terms:1-4 weeks. Repayment dates are automatically set to your next payday.Origination Fee:$0 for standard ACH transfers (1-3 business days)$1.99 - $5.99 for \u201cexpress\u201d transfers (eight hours or less) \t\t\t\t        We may receive a commission if you sign up or purchase through links on this page.  Here's more information.    Our Dave review has all the details about this lender that provides short-term loans of up to $250, plus credit building services. Dave does not require a credit check.Table of ContentsToggleWhat Is Dave?Dave At a GlanceHow Much Using Dave Could Cost YouHow to Sign Up for DaveHow to Apply for a Loan on DaveDave Consumer ReviewsDave Pros and ConsAlternatives to DaveIs Dave Worth It?How Did Dave Work Out For You?Frequently Asked QuestionsWhat Is Dave?Dave is a lender that provides short-term loans of up to $250, for people who need cash in a hurry.\u00a0\u00a0When you sign up, you give Dave access to your bank account.Since Dave can see the amount of money you have coming in, it use its proprietary software to determine a fair loan amount without checking your credit.Dave can also predict whether or not you will overdraft your account before your next payday, and alert you so you can avoid your bank’s overdraft fee.They also offer the ability for you to \u201creceive\u201d your paycheck up to two days early, and the ability to build your credit by paying your rent, through their partnership with LevelCredit.\u00a0In addition, they also have a bunch of helpful tools for budgeting and improving your finances.Dave doesn’t charge interest on loans, but there is a $1\/month subscription fee for using their service.Paying your loan is easy \u2014 you can pay Dave back through an automatic withdrawal on your repayment date, or manually through the app.WARNING: You can't cancel your membership until you pay your loan! Dave does not charge interest or late fees on their loans.But if the funds in your bank account are not sufficient to pay the entire amount, Dave will attempt to charge your account every day (collecting partial payments, if necessary), until your balance is paid.Also, you’ll keep paying the $1\/month membership fee until you’ve paid back the loan.Dave At a Glance.simple_table-46970 table tr th{\ttext-align: center;\t\t}.simple_table-46970 table tr td{\ttext-align: center;\t\t}Loan AmountsUp to $250Interest Rate0%Minimum CreditNoneTerms1-4 weeks, depending on the next time you get paidOrigination Fee$0-$5.99, depending on how fast you need fundingBudgeting FeaturesYesSide Hustle OpportunitiesYesAbility to Build Credit Through Rent\/Utility BillsYesBanking OptionYesSince we\u2019ve given all of Dave\u2019s features a rating, we\u2019ll walk you through why each section received its particular score.Interest Rate\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInterest RateDave technically doesn\u2019t charge any interest. You can\u2019t get any lower than 0%!10\/10\t\t\tWhile \u201ctips\u201d and other fees can really increase the cost of the money you\u2019re borrowing, Dave technically doesn\u2019t charge any interest.\u00a0This is why we had to give them a perfect score in the APR category \u2014 because you just can\u2019t get any lower than 0%!\u00a0At the end of the day, this can make Dave a much better alternative to payday loans.\u00a0But Dave\u2019s not out of the woods yet, we\u2019ll speak about the subscription fee, \u201ctips\u201d, and expedited funds fees in the next section.Fees\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFeesDave charges a subscription fee, an optional expedited funds fee, and requests tips.4\/10\t\t\tAlthough Dave was designed to be the everyday person\u2019s financial friend, he sure does come with a lot of fees.Subscription Fee: $1\/monthExpedited Funds Fee (optional):, $1.00 to $5.99, depending on advance amountTips (optional): Supports the service and the charity Feeding AmericaOne fee Dave doesn\u2019t charge is a late fee. But, Dave won\u2019t lend out any additional funds until the initial loan has been paid back.Transparency\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tTransparencyDave requests \u201ctips,\u201d a sneaky way of increasing the cost of your loan.2\/10\t\t\tWe gave Dave a 2\/10 when it comes to transparency, because they offer a \u201ctipping\u201d feature, and because we had difficulty getting direct answers from their customer support team.\u00a0As far as tips go, we really prefer when loan services are up front about their associated costs.\u00a0Tipping features can really make it difficult for less financially savvy borrowers to compare the costs of Dave to other lenders.\u00a0We also struggled to get a straight answer from Dave’s support team about the maximum loan amounts.While the app advertises loans up to $250, that maximum amount is apparently only available to those with a Dave Spending account.\u00a0For those without a Spending account the maximum is $100.\u00a0 Flexibility\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFlexibilityPayback terms are very clear though we wish requesting an extension was easier.7\/10\t\t\tWe gave Dave a 7\/10 on flexibility because they do disclose their payback terms publicly, but it doesn\u2019t seem like they have a streamlined way to request an extension.\u00a0According to their site, borrowers have to contact a customer service representative in order to request an extension, which isn\u2019t exactly very simple.Dave’s ability to give loans up to $250 makes them more likely to actually cover a sudden expense.Other low-cost lenders have substantially lower maximum amounts \u2014 FloatMe caps loans at $50, Klover at $100.However Dave does require the extra step of getting a Spending account to qualify for the $250 maximum.Funding Speed\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFunding SpeedTheir express service offers cash in just a few hours, though you\u2019ll pay an additional fee.8\/10\t\t\tDave really excels in the funding speed category.\u00a0Although their standard ACH transfers take the typical 1-3 business days to hit your account, expedited transfers are incredibly quick.\u00a0According to Dave, they use a faster delivery method for the express service, which gets the advance into members’ bank account in eight hours or less.Unfortunately, they do charge an above-market rate for an expedited transfer, as we mentioned above.\u00a0If this weren\u2019t the case, we would have given them a perfect \u201c10\u201d in this category!Accessibility\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccessibilityThere\u2019s no credit minimum, and anyone with steady income should qualify.8\/10\t\t\tDave received an 8\/10 in the accessibility category because overall, it\u2019s a very accessible program.\u00a0When applying for a Dave advance, you have to connect a bank account with at least 60 days of history.\u00a0Before giving you an advance, Dave will determine whether or not they give you a loan (and how much of a loan they\u2019ll give you) based on a few factors, such as your anticipated income, how much money you keep in your account, and recent negative balances.\u00a0So anyone who is employed and getting consistently paid via direct deposit should be able to get a loan from Dave.\u00a0Those who aren\u2019t paid on a consistent basis, such as freelancers or those in the gig economy, or those getting paid via cash or check might have difficulties getting a loan.Side Hustle OpportunitiesDave does have some great features aside from their loan program.\u00a0When you open the side hustle search, you’ll see a variety of side hustle categories.Once you choose a category, you’ll see specific opportunities for that type of work.The \u201cside hustle\u201d category is very undersold in our opinion. It not only provides different recommendations for gig work (such as food delivery, rideshare, etc.), but it also shows listings for full-time employment as well.\u00a0In our own experience, the full-time employment opportunities were very similar to what you might find on job finding websites, such as Monster.com or ZipRecruiter.com.Referral ProgramThe Dave referral program can earn $15 for both you and a friend. If a friend that you refer to Dave takes out a loan, you’ll both get $15.\u00a0You’ll need to open a Dave Spending Account to get your reward.You can refer up to five friends, for a total of $75 in referral bonuses.Related: 90+ Referral Programs to Make MoneyLevelCredit Credit BuildingLevelCredit allows users to report rent, cell phone, and utility bill payments to their credit report.\u00a0This is a great opportunity for people who are in the process of building or rebuilding credit.\u00a0But this service it may not be as useful to those who already have a few credit cards, and practice responsible credit habits.\u00a0When it comes to the LevelCredit partnership, it can be handy for people who are just starting or potentially restarting their credit-building journey.\u00a0Programs like these probably shouldn\u2019t be relied on for the long term. And it likely isn\u2019t worth it for customers who already have a robust credit profile.\u00a0When it comes to building credit, it\u2019s hard to replicate the effect of responsible credit card usage. Having credit cards on your credit report that are paid on time, and in full is important to fostering a healthy credit score.\u00a0Related: Our Picks for the Best Credit CardsGoals AccountFor members who need help saving and budgeting, Dave offers a \u201cGoals Account\u201d, where users to contribute money to a savings account with a specific targeted dollar amount.\u00a0The Goals Account allows users to contribute money to a savings account with a specific targeted dollar amount.\u00a0Users can set up goals for anything, including building an emergency fund, starting a family, or just taking a vacation.Dave BankingIn 2020, Dave launched a spending account for members, called Dave Banking.Dave Banking customers can direct deposit paychecks into the account, and get a free ATM card.Benefits of the spending account include:No minimum balanceNo overdraft feesNo ATM fees (at participating ATMs)There is no credit check when you open an account, though you must be a member of Dave and pay the $1\/month membership fee.Existing members who have outstanding loan balances aren’t eligible.Dave continues to offer loans to members who keep their money in other banks.How Much Using Dave Could Cost YouWe wanted to do a deeper dive into the world of fees charged by Dave, because while they don\u2019t seem like a lot, they can end up being a pretty big share of what you ultimately pay for your loan.We\u2019ll explain the fees in-depth, and then we\u2019ll run through a real-life example of how much borrowing from Dave can actually cost.Subscription FeeDave charges users $1 per month for access to cash advances, which really isn\u2019t very expensive.\u00a0So long as you\u2019re not using Dave as a crutch, and relying on loans every pay period, the $12 per year cost can be a great form of \u201coverdraft fee insurance\u201d.\u00a0After all, accidentally overdrawing an account is a common problem that a lot of people face, and overdraft penalties are often much more than $12.Expedited Funds FeeDave\u2019s expedited funds fee is a bit higher than the industry average.\u00a0Most payment processing and peer-to-peer payment services only charge a 1% fee (usually capped at $10) for \u201cinstant transfers\u201d.\u00a0Dave\u2019s express fees are higher \u2014 in the case of small loans, much higher..simple_table-46972 table tr th{\ttext-align: center;\t\t}.simple_table-46972 table tr td{\ttext-align: center;\t\t}Advance AmountExpress FeeLowest Possible Fee as a Percentage $5.00 or less$1.9939.80% (on a $5 loan)$5.01 to $15.00$2.4916.60% (on a $15 loan)$15.01 to $20.00$2.9914.95% (on a $20 loan)$20.01 to $74.99$3.995.32% (on a $74.99 loan)$75.00 to $99.99$4.994.99% (on a $99.99 loan)$100 to $250$5.992.40% (on a $250 loan)Some of these fees could be considered exorbitant. And even if you get the lowest possible rate by percentage \u2014 $5.99 for an expedited transfer of $250 \u2014 works out to a 2.4% fee. That\u2019s more than double the industry standard.TipsWhen users borrow money from Dave, they are encouraged to leave a \u201ctip\u201d.\u00a0Users can leave Dave a tip ranging from 0% – 25% of the borrowed amount, and are enticed to leave a tip because according to Dave, they \u201cprovide a meal [through Feeding America] for every % you tip\u201d.\u00a0It\u2019s important to remember that the tip you leave for Dave is part of the interest rate you\u2019re paying for the loan.\u00a0While \u201ctipping\u201d sounds great, users should keep in mind that you\u2019re not helping out a college student that\u2019s waiting tables to make ends meet when you\u2019re tipping Dave.\u00a0Dave\u2019s investors include some of the wealthiest people in the world, such as billionaire Mark Cuban.According to a press release put out by Dave:Dave has been backed by world-class investors including Norwest, Section 32, Capital One, Mark Cuban Companies, The Kraft Group, SV Angel and The Chernin Group. The company\u2019s board of directors includes Jason Wilk; Dan Preston, CEO of Metromile; Bill Maris, Google Ventures Founder; Parker Barrile, Partner at Norwest Venture Partners; and Mark Cuban.At the end of the day, you\u2019re selecting the amount of money you want to give to a well-funded company and its wealthy owners.\u00a0If you\u2019re leaving him a 25% \u201ctip\u201d every time you borrow from him, you\u2019re actively setting yourself back financially, and you\u2019re probably better off borrowing from a traditional payday loan lender.You always have the option to leave a 0% tip, which can truly make Dave an inexpensive way to avoid overdraft fees.\u00a0Dave\u2019s Fees: A Real World ExampleNow that we\u2019ve run through all of the fees that Dave charges, we\u2019ll take you through a real-life example that shows how much you\u2019re actually paying for a loan from Dave.In this example, we\u2019ll assume that you have the subscription for one year, and only borrowed $250 \u2014 but you needed it quickly, so you paid an expedited funds fee.\u00a0In this case, you would have paid $12 for the subscription, and $5.99 to get your money quickly.\u00a0Assuming that you left Dave a 0% \u201ctip\u201d, you would have paid around 7.2% for your loan, which isn\u2019t cheap, but it\u2019s much cheaper than a traditional payday loan lender.\u00a0But if you were feeling generous and left Dave a 15% \u201ctip\u201d, you would end up paying roughly 22.2% for your loan.This table compares the cost of tipping vs. not tipping..simple_table-46973 table tr th{\ttext-align: center;\t\t}.simple_table-46973 table tr td{\ttext-align: center;\t\t}Tipping vs. Not TippingLoan Amount$250$250Subscription Fee$12$12Express Fee$5.99$5.99Tip0% ($0.00)15% ($37.50)Total Cost of Loan$17.99$55.49Effective Fee Percentage7.2%22.2%By tipping the standard 15%, you’re tripling the cost of your loan from a reasonable 7.2% to a 22.2%.\u00a0This illustrates how expensive tipping Dave can be!How to Sign Up for DaveHere’s how to get a Dave account.Step 1: Download the Dave App.Step 2: Tap “Get Started”.Step 3: Add personal information.Step 4: Verify your mobile phone number.Step 5: Create and confirm a passcode.Step 6: Verify your email address.Step 7: Use Dave! Now you can request a loan or open a Dave spending account.\u00a0How to Apply for a Loan on DaveThese are the steps to getting a loan on Dave.Step 1: On the Advances tab, tap Get cash now to link a bank account.You will need to follow a series of steps to link you account.Then return to the Advances tab.Step 2: Tap Get cash now to start the process.Step 3: Answer the verification questions, then tap Apply for an advance.Step 4: Select the amount for your advance.Step 5: Note the auto-payback date and tap confirm.Step 6: Add a debit card.Step 7: Select an optional tip amount.Step 8: Select a delivery option.Step 9: Confirm the request.Dave Consumer ReviewsAlthough Dave sounds like a halfway decent way to get some quick cash, it\u2019s important to take a look at what actual users are saying about the service.\u00a0Dave has been accredited with the Better Business Bureau since August of 2019, and they have a \u201cB\u201d rating, which seems pretty good by itself.\u00a0Dave customers tell a different story.There are 250 customer reviews for Dave, with an average rating of just 1.28 \/ 5.\u00a0This goes without saying, but it seems that Dave\u2019s got a terrible reputation with its customers.\u00a0In the past three years, there have been over 1,200 complaints filed against Dave through the Better Business Bureau.\u00a0Here\u2019s what some of them are saying about Dave..simple_table-46974 table tr th{\ttext-align: center;\t\t}.simple_table-46974 table tr td{\ttext-align: center;\t\t}ReviewerIssueMy TakeDusky C - 11\/18\/2021Dusky claims that Dave continued to charge him, even after canceling the service, and they refuse to refund him.While we don\u2019t know the whole situation, we do know that subscription-based companies tend to make it difficult for customers to cancel. It\u2019s entirely possible that Dusky didn\u2019t go through the entire cancellation process.Cynyhia C - 11\/17\/2021Cynyhia says that she was only approved for a $5 advance.Although this is unfortunate, Dave can only lend out what they think users can pay back. At the end of the day, lending companies need to expose themselves to as little risk as possible.David M - 11\/06\/2021He claims that Dave customer service reps made it very difficult to close out his account.This seems to be the theme with many reviews. As we mentioned above, subscription-based companies are unfortunately financially incentivized to make canceling very difficult.Kristy H - 11\/01\/2021In her review, she complains about her bad experience with Dave\u2019s customer service phone line.Unfortunately, the customer service phone lines for many growing companies provide less than stellar support. It is important to note though, that a Dave representative provided a contact email for someone on their \u201cdedicated escalation team\u201d via a reply on the BBB\u2019s site.Kelly S - 10\/27\/2021Kelly claims that Dave will not give her access to cash advances, yet still charges her $1 per month for the subscription fee.If her claims are true (there is no way of verifying), then it\u2019s likely that there are plenty of other people in the same situation. Dave charging for a service that they won\u2019t let people use definitely doesn\u2019t look good on their part.Christopher W - 10\/27\/2021He claims that his bank account was hacked shortly after taking advantage of Dave\u2019s feature that allows users to access their paycheck early. He hasn\u2019t been able to recover the ~$900 stolen.Unfortunately, there is no way of telling which party was at fault, however, we certainly understand the pain that Christopher is going through. This really demonstrates the importance of paying with a credit card though. Oftentimes, it\u2019s easier to deal with a credit card company than a traditional bank when it comes to fraudulent charges.Kim R - 10\/23\/2021Kim loves Dave and got her cash advance right before she would have overdrawn her account.Although reviews like this one are few and far between, we\u2019re glad to see that people are actually finding Dave to be a helpful app that saves them money.Dave Pros and ConsPros Low Cost: Dave has the potential to provide overdraft protection for as little as $12 per year.Potential for Fast Delivery: Users can get the funds they need in just a few hours (for a fee).Extra Features: The Dave app helps users save up for their life goals and earn additional income through side hustles.Non-Payroll Direct Deposits Can Qualify: Any type of consistent deposit into an account may qualify, even if it’s not from an employer.ConsMultiple Fees: While Dave doesn’t charge an interest rate, their subscription fee and optional expediting fee can add up quickly if users don\u2019t monitor them.Pressure to Tip: The tipping feature can be incredibly misleading (and expensive) for less financially savvy borrowers.Potential to Encourage Dependency on Loans: The use of payday loan apps can foster an unhealthy habit of spending more than you earn, and Dave can possibly make it too easy to access quick, borrowed funds.Alternatives to Dave.btn.btn-blue.dift:hover, .btn.btn-default.dift:hover {color: #4db848;border-color: #4db848;background: #fff !important;}\t\t\t DaveEarninBrigitFig Loans \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBest For\t\t\t\t\t\t\tPeople who want to avoid overdraft fees.\t\t\t\t\t\t\t\t\t\t\t\t\tEmployed people who need quick cash.\t\t\t\t\t\t\t\t\t\t\t\t\tPeople who need loans and budgeting tools.\t\t\t\t\t\t\t\t\t\t\t\t\tPeople who want to raise their credit score.\t\t\t\t\t\tLoan Amounts\t\t\t\t\t\t\tUp to $250\t\t\t\t\t\t\t\t\t\t\t\t\tUp to $500\t\t\t\t\t\t\t\t\t\t\t\t\tUp to $250\t\t\t\t\t\t\t\t\t\t\t\t\tUp to $750\t\t\t\t\t\tInterest Rate\t\t\t\t\t\t\t0%\t\t\t\t\t\t\t\t\t\t\t\t\t0%\t\t\t\t\t\t\t\t\t\t\t\t\t0%\t\t\t\t\t\t\t\t\t\t\t\t\t100%-500%\t\t\t\t\t\tMinimum Credit\t\t\t\t\t\t\tNo minimum\t\t\t\t\t\t\t\t\t\t\t\t\tNo minimum\t\t\t\t\t\t\t\t\t\t\t\t\tNo minimum\t\t\t\t\t\t\t\t\t\t\t\t\tNo minimum\t\t\t\t\t\tTerms\t\t\t\t\t\t\tUntil your next payday\t\t\t\t\t\t\t\t\t\t\t\t\tUntil your next payday\t\t\t\t\t\t\t\t\t\t\t\t\tAssigned at time of loan\t\t\t\t\t\t\t\t\t\t\t\t\t4-6 months\t\t\t\t\t\tOrigination Fee\t\t\t\t\t\t\t$1\/month\t\t\t\t\t\t\t\t\t\t\t\t\tNone\t\t\t\t\t\t\t\t\t\t\t\t\t$9.99\/month\t\t\t\t\t\t\t\t\t\t\t\t\tNone listed\t\t\t\t\t\tFunding Speed\t\t\t\t\t\t\tUp to 3 days\t\t\t\t\t\t\t\t\t\t\t\t\tA few minutes\t\t\t\t\t\t\t\t\t\t\t\t\t1-2 days\t\t\t\t\t\t\t\t\t\t\t\t\tWithin one hour\t\t\t\t\t\tCredit Check\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t \t\tIs Dave Worth It?Dave charges a $1\/month subscription fee to access their loan and other services. Will this be worth it to you?Who Dave Is Good ForDave would be good for someone who finds themselves frequently needing to pay bills just before they get paid.Dave’s relatively high loan amount \u2014 up to $250 \u2014 could be enough to keep you from missing a credit card payment, or not having enough to cover rent.Who Dave Is Not Good ForIf you\u2019re looking for a loan that will get you out of debt or help you pay for a big purchase, Dave isn\u2019t going to be much help.Loans are capped at $250, so they\u2019re really only for making ends meet until payday.How Did Dave Work Out For You?If you\u2019re being bombarded with overdraft fees and decide to try Dave, let us know how it went in the comments. Everyone\u2019s experience will be a little bit different, and future readers can benefit from what you learn.Frequently Asked Questions.accordion-list .accordion-title:hover{color: #4db848;}Will applying for Dave affect my credit score?Applying for Dave will not affect your credit score. Dave does not pull a hard inquiry on your credit when requesting a loan with them. This means that there won\u2019t be a ding to your credit. Does Dave have a minimum credit score requirement?Dave doesn\u2019t have a minimum credit score requirement. But they do have some requirements when it comes to your banking history, which we discuss in the next answer. Can I use Dave to build my credit?You will not be able to build credit strictly by borrowing money from Dave. They do not report your on-time payments to credit bureaus. However, their partnership with LevelCredit allows you to report rent, cell phone, and utility bill payments to major credit bureaus, which will help you build credit.Can I change my due date with Dave?Due dates are automatically set to the user\u2019s next payday. However, if this won\u2019t work for you, Dave encourages users to call a customer service representative in order to work out a more favorable term.\u00a0"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Fast Money","item":"https:\/\/moneydoneright.com\/fast-money\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Personal Loans","item":"https:\/\/moneydoneright.com\/fast-money\/\/personal-loans\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"Dave Review 2025: Cash Advance Up To $250 With No Credit Check","item":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/dave-review\/#breadcrumbitem"}]}]