CreditVana offers cash advances up to $100 with no interest or credit checks. But you will have to pay a monthly fee and wait a few days for the funds.
Editorial Note: fromCreditkarma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve, or endorse our editorial content. Information about financial products not offered on fromCreditkarma is collected independently. Our content is accurate to the best of our knowledge when posted.
Pros
-
No credit check required
-
Interest-free cash advances
-
Built-in money-management tools
Cons
-
Low cash-advance maximum
-
Cash advances require membership
-
Transfers can take a few days
-
Lack of transparency about terms
What you need to know about a CreditVana cash advance
CreditVana is a finance app available on Apple and Android devices that offers cash advances to eligible paying members without interest, extra fees, or a credit check. While the app does offer helpful budgeting and financial tools, it can be difficult to find detailed, transparent information on CreditVana’s website about fees, features, and functionality.
The CreditVana site is trendy and colorful, but its FAQ and terms are lacking — especially compared to traditional banks or more established online financial services.
Here are some key details to know before using CreditVana.
Membership required for cash advances
To access cash advances through CreditVana, you must be deemed eligible and subscribe to one of its paid plans — either CreditVana Plus or CreditVana Builder.
The lowest-cost option, CreditVana Plus, is $5.99 per month (roughly $72 annually). That can feel expensive given the low cash advance limit. If you’re already tight on money or unsure if you’ll need a loan, this cost is worth serious consideration.
Small cash advance amounts
While CreditVana can help bridge the gap until your next paycheck, the most you can borrow at one time is $100. First-time users may only qualify for $20 to $70. Once you repay your initial advance, you may be eligible for the full $100 — still relatively low compared to other apps.
May take a few days to receive funds
Unless you pay an additional fee, you might wait up to four days to receive funds from CreditVana. Want your money faster? You can pay $3.99 to expedite same-day delivery. But even then, fund availability depends on your bank’s processing time, so same-day access isn’t guaranteed.
