9 Best iPhone App Loans

"This post includes affiliate links for which I may make a small commission at no extra cost to you should you make a purchase."

Download the Best iPhone App Loans on the Apple Store by clicking this Button

If you are looking for the Best iPhone App Loans to download for free, look no further.

Our expert panel of reviewers has tested dozens of apps and we have compiled a list of the 9 Best iPhone App Loans that passed our tests.

Check out our list of the 9 Best iPhone App Loans, tried and tested by our expert reviewers.

9 Best iPhone App Loans

1. Buddy Loan:Personal Loan

Download the App on the Apple Store by clicking this Button
“Buddy Loan is not just an instant personal loan app but a one-stop solution that helps you in searching and applying for your dream job, exploring a plethora of deals and offers from brands of all sectors, and earning and redeeming points for exciting products – in addition letting you apply for an online personal loan in the most seamless manner.

It’s safe, instant and reliable!

Buddy Loan brings to you a wide pool of personal loan providers. With this, you can be rest assured to be granted a personal loan instantly, when you are in need to meet your personal financing goals.

Buddy Loan Advantages
Personal loan amount can range from Rs. 10,000 to Rs. 15 lakhs
Interest rate starts at 11.99% p.a.
Minimum and maximum tenure can be from 6 months to 5 years

With a no-questions asked policy, you are free to use the funds to meet any of your financial requirements.

Representative Example:
For ₹1,00,000 borrowed for 1 year, with interest rate @13% per annum*, a user would pay:

Processing fee (@ 2%) = ₹2,000 + GST = ₹2,360
(Line setup fee of ₹499+GST = ₹588/- to be paid before starting the credit line)
Interest = ₹7,181
EMI = ₹8,932
Total amount to be repaid after a year = ₹1,10,129/-
*Interest Rate varies based on your risk profile
The maximum Annual Interest Rate (APR) can go up to 36%
(However, only a fraction of our customers get an interest rate higher than 30% pa)”

2. CASHe Personal Loan App

Download the App on the Apple Store by clicking this Button
“CASHe is the go-to personal loan app for salaried professionals. Avail instant short-term personal loans starting from Rs 1,000 to Rs 3,00,000 and get the money transferred to your bank account within minutes.

CASHe offers a smart, intuitive and hassle-free experience eliminating human intervention. Apply for a loan today and enjoy a better borrowing experience.

CASHe adheres to RBI’s Fair Practice Code and is committed to promote best practices in digital lending.

What’s New?

CASHe Credit Line
One approval, multiple loans. With minimal documentation and instant approval, apply for a credit line with a 1-year tenure to avail short-term loans for emergency & shopping needs.

Buy Now Pay Later with CASHe
Log on to CASHe and get 0%* interest online shopping loan on this pay later app with leading merchants like Amazon, Flipkart, Big Bazaar, Big Basket, Apollo Pharmacy, Uber and Myntra to make your purchases now and pay later with easy EMIs.

Personal Loan Eligibility:
● Personal loan for salaried professionals only
● Minimum net take-home monthly salary: ₹12000
● Above 21 years of age
● Salary through direct bank transfer only

Features of CASHe – Personal Loan App:
● Avail a range of personal loans
● Personal loan eligibility check
● Personal loans available from ₹1,000 – ₹3,00,000
● Quick loan application via online loan app
● Repayment period to be more than 3 months
● No guarantors or collaterals needed
● 100% paperless loan application
● No foreclosure charges
● Get instant credit line
● Enjoy online shopping at no cost EMI*
● Loan instantly credited to bank account
● Loan repayment through various payment methods.

Avail the money you need, when you need it, for whatever purpose with CASHe. It is simple, transparent, and the best online personal loan app in India.

Get up to ₹3,00,000 personal loan online or avail credit line using the CASHe app. Know your personal loan eligibility in minutes and apply for a personal loan easily.

Over 15 million users have downloaded the CASHe personal loan app. Download the app today and experience a new way of borrowing!

How to apply for personal loan online on CASHe?
● Install the CASHe app
● Log in to CASHe personal loan app by registering through your social media account
● Fill in your basic details to know your personal loan eligibility
● Submit KYC documents and apply for a quick personal loan
● Once application is approved, we transfer the loan directly to your bank account

Documents required to apply for a loan:
● Selfie
● PAN card
● ID Proof (Any 1 – Driving License/Voter ID/Passport/Aadhaar Card)
● Address proof (Any 1 – Driving License/Voter ID/Passport/Aadhaar Card/Utility Bills)
● 3 month bank statements with salary credit
● Aadhaar card (Optional; Aadhaar details quicken loan application process)

Interest, tenures and other specifications
● Annual Percentage Rate (APR) – 30.42%
● Minimum Repayment Tenure: 3 months
● Maximum Repayment Tenure: 12 months
● CASHe 180, CASHe 270: CASHe 1 year – Processing fee, 2% or 1200 whichever is higher
● CASHe 90 – Processing fee: 1.5% or 500 whichever is higher

Sample Loan Calculation
Loan amount: ₹ 30,000 at interest rate of 30.42% p.a.
Loan Duration: 3 Months
Total personal loan interest = ₹ 2,250
Processing fees (PF) + GST = ₹ 500 + ₹ 90 = ₹ 590
Total Deductibles (PF + GST): ₹ 590
In-Hand Amount: Loan Amount – Total Deductibles = ₹ 30,000 – 590 = ₹ 29,410
Total repayable Amount(Loan Amount + Interest): ₹ 32,250
Monthly EMI Repayable(Loan Amount + Interest / No of EMI’s): ₹ 10,750
PF + GST are deducted upfront during the loan disbursal.

Data Security via Secure Loan Application
Your data is safe with us. All the transactions are secured via a 128-bit SSL encryption. Data is transferred over secured connections.

Contact Us:
For help or any other details about our personal loans, contact us at support@cashe.co.in”

3. Lenme: Investing and Borrowing

Download the App on the Apple Store by clicking this Button
“Why sell your crypto when you can use it to back your cash loan? Use your crypto as collateral for a cash loan to make purchases, start a small business, or invest in more crypto. In minutes you can pursue your financial goals without the need to sell your assets. Connect your crypto account now.

Discover the best peer-to-peer lending platform. Lend and borrow digitally in minutes. There is no need to go to a bank. With Lenme, you can borrow in minutes with no hidden fees.

Are you someone that is looking to make some money? Lenme connects you directly with borrowers, we manage the lending and make it simple for you.

Want to be equipped with the same tools and data professional lenders have at their disposal? Lenme provides you with the credit score, borrower’s history, banking data and supports the process of lending all via the app.

As an investor, you can:
– Diversify your portfolio in a market with low volatility.
– Easily select investments that suit the level of risk you’re comfortable with.
– Enjoy withdrawing your earnings at no cost.
– Get all the data you need.
– Use the latest machine learning algorithm.
– Invest in crypto-backed loans.

As a borrower, for as low as $1.99 a month you can get access to:
– Loans up to $10,000.
– Immediate offers from over 7,000 lenders and lending businesses.
– Funds directly transferred to your bank account the next day.
– Competitive interest rate.
– Automated Payment service.
– Hassle-Free borrowing.

Lenme is a lending platform that connects people looking to borrow money with financial institutions, lending businesses, and individual investors looking to invest in the loan market. Users remain completely anonymous throughout the entire borrowing/lending process. For transparency and to encourage a fair and competitive market, the “feed” tab within the app allows users to see which loans are being funded and at what interest rate.

Lenme offers a monthly/annual subscription through Apple Pay. Subscriptions will automatically renew unless canceled within 24-hours before the end of the subscription period. You can cancel anytime via your iTunes account.

LenmePredict, our machine learning algorithm, is a standalone product offered for lenders through Apple Pay for purchase either per-use or monthly/annual subscription. Subscriptions will automatically renew unless canceled within 24-hours before the end of the subscription period. You can cancel anytime via your iTunes account.

Crypto-backed loans, our new product allows investors to fund cash loans backed by cryptocurrency owned by the borrower. Cryptocurrencies are used as collateral and maybe liquidated in case of default or sudden price drop of the held currency.

Since our app is not directly involved in the lending decision, we cannot guarantee the interest rate borrowers will be offered. All borrowers have the option to request a loan on our platform for up to a 12 month repayment period, paid in installments. Lenders can offer loans for a minimum of 3% APR based on the credit score and their own criteria. The lending decision is based on multiple factors viewable on our app, including credit, income, and cash flow analysis.

A representative example of the total cost of the loan, including all applicable fees: If you borrow $1,000 over a term of 1 year with an APR of 12% and an origination fee of 1%, you will pay $89.75 per month. The total amount payable will be $1,076.96, with a total interest and fees of $76.96.

For more information, see our Terms of Use and Privacy Policy.
https://lenme.com/privacy-policy/
https://lenme.com/term-of-use/”

4. Loan Star – Instant Money Now

Download the App on the Apple Store by clicking this Button
“Need a Loan Fast? Get the Loan That’s Right for You!

Loan Star is your ideal partner in finding loans when you need them. Whether you’re facing auto repairs, medical bills, or you just need some short-term funds, Loan Star will get you the cash you need—quickly. Loans of all sizes are available to you quickly and with no hassle. When you’re hard up for cash, Loan Star App is the easy answer.

Get Started Anywhere!
Use your iPhone or iPad to get started now.

Get Cash Advance before Payday
Our form are easy, fast, and secure.

Trusted Practices
We go the extra mile to keep your information secure.

Get Money now!
See the cash in your account as soon as the next business day.

Loan Star offer loans with an Annual Percentage Rate (APR) of 35.99% and below. For qualified consumers, the maximum APR (including the interest rates plus fees and other costs) is 35.99%. All loans are subject to approval based on its own unique underwriting criteria.

Example: Loan Amount: $4,300.00, Annual Percentage Rate: 35.99%. Number of Monthly Payments: 30. Monthly Payment Amount: $219.36. Total Amount Payable: $6,581.78 Loans include a minimum repayment plan of 12 months and a maximum repayment plan of 30 months.”

5. Loans Unlimited – Cash Advance

Download the App on the Apple Store by clicking this Button
“Loans Unlimited App provides Cash advance and installment loans up to $3000 without credit check.

Apply to borrow money, get approved, and receive cash within a few minutes!

Don’t wait until payday and get hit by overdraft fees! Apply for a loan in a few simple steps. Once approved, money can be sent straight to your bank so that you have immediate access to your loan.

Other benefits of Loans Unlimited:

1) Borrow money instantly
2) No credit check
3) Decision in few minutes

Yes! Join thousands of satisfied customers who are using a loan from Loans Unlimited to avoid harmful overdraft fees and borrow money fast.

Please refer to your loan agreement for specific rates/fees as the example below may vary from your loan agreement. APRs for loans range from 3.99% to 3.99%. The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Minimum repayment in full in 3 month.”

6. MoneyTap – Credit Line & Loan

Download the App on the Apple Store by clicking this Button
“Best Personal Loan App in India – Get money up to ₹5,00,000 & pay interest on the exact amount you withdraw from your MoneyTap balance

Get a personal loan online with zero collateral. Interest rates starting from as low as 13% per annum* for 3 to 36 months. We offer you the benefits of an easy personal loan and credit card combined.

For salaried employees only! Minimum salary = ₹30,000 per month.

If you need money, view MoneyTap as your first choice for loans.

Fees
For ₹1,00,000 borrowed for 1 year, with interest rate @13% per annum*, a user would pay:
-> Processing fee (@ 2%) = ₹2,000 + GST = ₹2,360
-> (Line setup fee of ₹499+GST = ₹588/- to be paid before starting the credit line)
-> Interest = ₹7,181
-> EMI = ₹8,932
Total amount to be repaid after a year = ₹1,10,129/-
*Interest Rate varies based on your risk profile
The maximum Annual Interest Rate can go up to 36% (However, only a fraction of our customers get an interest rate higher than 30% per annum)

We are India’s first credit line based personal loan app in partnership with leading banks and NBFCs. We work ONLY with regulated financial institutions in India, governed by RBI & we have our own NBFC license as well. So we’re well regulated and legally compliant.

How is MoneyTap different from any other traditional personal loan app in India?

The best feature of MoneyTap Loan app is that you pay the interest only for the amount that you borrow.

Example: Ajay applies for a MoneyTap Loan (credit line) in January, gets an approved credit line of ₹5,00,000 but doesn’t borrow any money for the next 5 months.
In May, he withdrew ₹50,000 from his credit limit to pay for a house deposit. Now, the interest will only be charged on ₹50,000. Ajay still has access to ₹4,50,000 whenever he has another emergency without paying any interest on it until he withdraws any amount.

What features make MoneyTap convenient?
● 100% paperless process, no bank visits
● You can use any amount from your available credit line
● Make UPI transactions directly from your Credit Line

Documents required
● Aadhaar number
● Identity proof (Driving license/Voter id/Passport/Aadhaar/PAN)
● Address proof (Driving license/Voter id/Passport/Aadhaar/Utility bills/bank statements)
● Original passport photo/selfie
● You can get a personal loan online on Aadhaar card. E-sign your application with registered mobile OTP for fast-track application

How does MoneyTap work?

Get a personal loan in 4 simple steps:
● Apply on the app and get approved in 4 minutes, create your profile, fill basic information such as age, city, PAN, & income to check eligibility
● Instantly find out your pre-approved amount
● Complete KYC verification
● Transfer money to the bank account from the approved amount

Available in 50+ cities.

MoneyTap Personal Loan Application Uses
● Phone pe loan – use it as an urgent personal loan.
● Personal loans can be used for education, medical, marriage / wedding loan, home renovation loans, mobile / laptop loan, used car/ two-wheeler loan, travel loans, debt consolidation loan, etc.
● The experience of an early salary for emergency cash.

Bonus: MoneyTap RBL credit card
● 100% cash withdrawal from your credit card online
● 50-days interest-free period

Security & Protection of Privacy
Data security & privacy is a top priority at MoneyTap. Our backend APIs comply with mandated security standards & robust protocols which have been tested and certified by our partner bank’s IT team.

Download the MoneyTap loan app now.”

7. Possible: Fast Cash & Credit

Download the App on the Apple Store by clicking this Button
“Access fast and affordable money, build credit history, and fight bank fees. Borrow up to $500¹ in minutes even with bad or no credit. Repay in installments to build your credit history and improve financial health. Reduce overdrafts and recoup your hard-earned money. Join over a million users who are avoiding predatory lenders and using Possible to make financial fairness a reality!

INC.
“50 World-Changing Startups to Watch in 2019”

TECHCRUNCH
“Possible is helping people on the lower end of the credit spectrum improve their financial outlook without being predatory.”

**GET MONEY FAST**
Applying is easy and takes under a minute. Once approved, funds can be sent instantly to your debit account so that you can immediately access the money.

**BUILD CREDIT HISTORY**
We report repayments to TransUnion and Experian, allowing you to build your credit history and graduate to better financial tools. Shouldn’t you be rewarded for reliably paying on time?

**FIGHT BANK FEES**
Prevent costly overdraft fees and reclaim your hard-earned money. Banks drain your account when you can least afford it. We’ll help you get it back.

**MORE TIME TO REPAY**
Compared to other short-term borrowing options, you have much more time to repay² and each payment is in manageable chunks so you can catch your breath. Can’t make your next payment? Reschedule it directly in the app.

**GOOD CREDIT NOT REQUIRED**
We don’t check your FICO credit score so we can approve even those with bad or no credit score. Our app links directly with your existing bank account to help make an intelligent decision. No need for additional paperwork to verify income. This is great for contractors or gig economy workers!

**WHAT PEOPLE ARE SAYING**
“I have a hard time even finding words that accurately describe how pleased I am with the service provided by Possible Finance…It’s like borrowing money from a good friend that increases your credit score! Seriously the best experience I’ve ever had with a lender and being app/mobile-based just adds convenience to an already perfect transaction! I will not go anywhere else for installment loans from now on! 110% recommend it!” -Nellyville107, 8/25/18

**WHY WE CARE**
Life isn’t easy and the current financial system makes it harder for all of us. Banks have abandoned some communities altogether and predatory lenders trap people in vicious debt cycles. Wealth is in the hands of the few and access to financial opportunity is unequally distributed. We don’t think that’s fair. At Possible Finance, we fight for financial fairness and empower you to improve your financial health. Together, let’s build a fairer tomorrow.

**AVAILABILITY**
Possible Finance is currently available to Alabama, California, Delaware, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas, Utah, and Washington residents.

¹Max amounts vary by state and subject to lender approval
²Loan structure varies by state. For example, in California, a single payment loan can be converted into multiple payments.

Funding typically occurs within minutes of approval but can take up to five business days. In some states, Possible Finance installment loans are issued by Coastal Community Bank, member FDIC, subject to approved underwriting practices.

California Residents: Possible Financial Inc. dba Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, license #10DBO-105848. Ohio Residents: License ST.760161.000. 2231 1st Ave., Seattle, WA 98121″

8. SoLo Funds: Lend & Borrow

Download the App on the Apple Store by clicking this Button
“Trusted by hundreds of thousands of users, SoLo lets you borrow money on your own terms or lend and reap the benefits in the form of a return or social impact. It’s never been easier. Join the SoLo community and leave other options in the past! Selected as one of Fast Company’s World Changing ideas in 2021, we continue to build a community that enables financial autonomy for all.

SoLo is supported by leading innovators and press such as Forbes, Techstars, and Money 20/20, as well as Visa, Kiva, and thousands of banking partners. Download now to start enjoying flexible access to capital or a new way to make a quick return on your extra cash.

— Earn Money While Helping Others —

Lending on SoLo is a great way to make a social impact while also earning a return on your money. A leader in emergency access to capital, our requests for capital are short-term, so you’ll receive your capital back quicker than anywhere else. Use our data-driven SoLo Score or view another member’s transaction history to assess risk profile. We have the tools to help inform your lending decisions and create a balanced portfolio according to your risk and returns goals. After funding, SoLo takes care of the rest through automation and step-by-step updates.

“A model for lending that doesn’t screw over the consumer.” Techstars, Lesa Mitchell

— Borrow Up to $500 On Your Own Terms —

Borrowers on SoLo enjoy fast, easy, convenient funding with 100% voluntary terms as it relates to costs and fees. By using SoLo responsibly, you’ll be able to increase your SoLo Score and the total amount you are able to borrow. We provide a structured community for individual lenders and borrowers to meet, and have created smart features like automatic paybacks to make sure your money requests are never late.

“Finally, An App For Borrowers Living Paycheck to Paycheck” – Forbes

— Safe & Secure —

We take the safety of your personal information seriously and we are committed to protecting it. Our hosting provider is a Level 1 Service Provider under PCI DSS. At no point does SoLo ever store your online banking credentials. Additionally, each depositor’s account held at our partner bank is insured for at least a balance of $250,000.

— Free Education —

SoLo provides users with a full financial literacy curriculum. We believe that access to information is the key to building strong financial habits. Take courses, learn, and share this free resource with others. Knowledge is wealth, help us spread it! You can learn more at www.solofunds.com.

— SUPPORT —

If you need assistance, please contact us anytime. Email us at help@solofunds.com and we will get back to you as soon as possible. We’re here to help!”

9. Zirtue: Lend & Borrow Money

Download the App on the Apple Store by clicking this Button
“Zirtue is a relationship-based lending application that simplifies and manages loans between friends, family, and trusted relationships. 

With Zirtue, users can loan money to friends and family with confidence. Whether you’re paying your electric bill, or borrowing from family for rent, Zirtue automates and simplifies the repayment process, so you can focus on your relationships.

Lend financial help to friends and family in one easy space. You’ll help them, and Zirtue helps you get paid back automatically. 
 
– Borrow money from friends and family
– Loan money to friends and family
– Digital agreement on loan terms
– Automatic monthly loan payments
– Payment notifications and reminders
– Personal Dashboard to track your loans

Zirtue is a private secure lending app that allows you to leverage your personal relationships instead of your personal credit score to lend and borrow money.

Easily track and manage your loan activity using your private dashboard to view all loan activity and message lenders and borrowers. Set automatic deductions to make repayment friendly, easy and without having to think about it.

Zirtue simplifies loans between friends and family. We’re serious about security and use cutting-edge technology to ensure your personal information is fully encrypted and securely stored.

Zirtue allows users to lend and borrow as little as $20 and as much as $1,000 with payback periods from 3 months to 36 months. Zirtue also allows for one time payments, where you can set a specific date to be paid back any time between 3 months and 3 years from now.

There are no fees to use Zirtue. However, there is a 5% interest rate (APR) is sent to the lender over the life of the loan”