Brigit is a neat financial app that helps regular people budget, save money, and even get small cash advances when needed. One really popular feature is the ability to get an instant loan up to $250 through their app. This ultimate guide will give you all the details on how Brigit works and walk through the exact steps to request one of those fast cash loans.
Key Things to Know About Brigit Instant $250 Loans:
- No credit checks whatsoever
- Cash in your account in just minutes
- You only pay $9.99 fee if using Brigit’s free money tools
- Much cheaper alternative to overdraft fees, payday loans, etc.
- Helps build your credit score by linking bank accounts
- Simple automatic repayment on your next paycheck
- As you can see, Brigit loans are meant to be a quick, affordable way to get through a temporary cash shortage before your next payday. And best of all, the process is super straightforward.
Getting a $250 Instant Loan from Brigit
First thing’s first, you need to download the free Brigit app and create an account if you haven’t already. It’s available for both iOS and Android smartphones.
Step 1: Connect Your Main Bank Account
After signing up, the most crucial initial step is linking your primary checking account. This allows Brigit to study your income, bills, and spending habits to determine your cash flow situation. Linking also enables direct repayment of any loans you take out.
To connect your bank, go to the “Accounts” area in the app and follow the prompts to safely sync your online banking login. Make sure to pick your main account where paychecks get deposited.
Step 2: Do the Orbit Quiz & Enable Flex Advances
Once your bank is successfully linked, Brigit will have you take a short “Orbit” assessment about your finances. Answer the questions honestly about income, savings goals, and more. This quiz helps them suggest the right money tools for you.
At the end, be sure to turn on the “Flex” cash advance option which activates the instant loan capability. This essentially pre-approves you for a line of credit based on expected cash flow.
Step 3: Allow Push Notifications for Loan Alerts
To get notified immediately when cash advances become available, enable push notifications for the Brigit app. You can do this in your phone’s settings app under “notifications.”
With alerts enabled, you’ll get a handy ping any time Brigit identifies an opportunity for you to safely take out a loan. That way you can open the app and request it right away if needed.
Step 4: Request Your First $250 Instant Loan
Okay, now it’s time for the magic! When you’re running low on funds before your next payday, just open Brigit and check if a “Flex” advance is ready under your account.
If pre-approved, tap the “Get Cash Now” button, select the desired amount up to $250, and confirm the repayment date along with the $9.99 fee. That’s seriously it! The money will hit your linked checking account balance in 2-3 minutes.
Step 5: Relax While Brigit Handles Repayment
With Brigit instant loans, repayment happens automatically so you can just relax. You don’t have to do anything else after the money hits your account.
The app will simply deduct the total amount borrowed plus the $9.99 fee from your checking account balance on the repayment date you selected. No effort required on your part!
Key Advantages of Brigit Over Other Quick Loan Options
Hopefully you now have a good idea of just how fast and easy it is to get an instant loan from Brigit. Let’s quickly recap some of the core benefits compared to other short-term lending solutions:
Soft Credit Checks Only, No Impact on Your Score
Since Brigit utilizes AI to examine your real income and spending data, there are no harsh credit inquiries involved. This means no risk of your credit score dropping from simply applying or repaying as agreed.
Near-Instant Access to Cash Whenever Needed
Traditional loan applications can take days or weeks for approval. With Brigit, you can legitimately have emergency funds in your account within 2-3 minutes anytime you need them.
Very Competitively Priced at Just $9.99 per Advance
Compared to the often excessive fees of over drafting, credit card interest, or (heaven forbid) payday loans, Brigit’s modest $9.99 charge is extremely fair to access $250. Even more so since it’s free when using their budgeting tools.
Helps Build Positive Credit Behaviors Over Time
By responsibly monitoring all your linked accounts, Brigit can provide feedback to improve financial habits. The cash flow data also helps build your credit score as you demonstrate on-time repayment history with their service.
Why Not Give Brigit a Try for Your Next Quick Cash Need?
Considering all these benefits, it’s no surprise why Brigit has become so popular for accessing small short-term loans. The process is unbelievably streamlined and affordable compared to many alternatives.
So next time you’re in a jam waiting on an upcoming paycheck, why not download the Brigit app and let their instant Flex loans help you out? You’ll have that $250 advance in your account before you know it whenever an unexpected expense strikes.
With how quick and painless it is, giving their money tools a shot is a no-brainer for that occasional cash flow hiccup. The peace of mind alone is worth it!