DoorDash driver loans are hard to come by. Where traditional banks evaluate your income type, stability, and employment history to assess your ability to receive a loan, our Cash Advance is determined based on your gig deposits into your Moves Spending Account.
In fact, our Cash Advance is not a loan. Instead, we provide funds that are extended to you in exchange for a promise of your potential future earnings in the form of a simple, 5% service fee. For example, if we issue you a cash advance of $1,000, you would repay back $1,050 of your future earnings (i.e. $105/week for 10 weeks).
To learn more about the difference between a Cash Advance and a personal loan, click here.