Payday Loan Alternatives

When you're short on cash, a payday loan may seem like the only option — but there are alternatives. Explore payday loan alternatives like finding additional income and lower-cost loans.

Find extra cash

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In this video, Finance Nerd Nikita Turk shares tips for finding extra cash in a couple of weeks, a few days or one day.

Afford the necessities

Low-cost loans

Small-dollar bank loans

The Flex Loan from Wells Fargo comes in amounts of $250 or $500, with a flat fee depending on the amount you borrow.
Bank of America offers a short-term loan called Balance Assist, which allows customers to borrow up to $500 for a $5 flat fee.
U.S. Bank’s short-term personal loan, called Simple Loan, charges $6 for every $100 borrowed, up to $1,000.

Bad-credit borrowing options

Learn about predatory lending

Build credit

Manage debt

Get help with a high-cost loan