Grain app review

Written by: Andrew Dunn
• Updated •2 min read
This date may not reflect recent changes in individual terms.
Woman on the street looking at her mobile phone.Image: Woman on the street looking at her mobile phone.

In a Nutshell

The Grain app offers you a line of credit even if you have low credit scores or limited credit history. You can transfer the money directly into your existing bank account to spend as needed.
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What you need to know about the Grain app

The Grain app allows you to borrow money for day-to-day expenses and the amount you can borrow is based on your cash flow. You can transfer this money into your checking account through the app to spend as you usually would, and then pay it back at the end of your billing cycle every month. 

To avoid paying interest, aim to pay your statement in full by your statement due date. Paying the full statement balance each month will have a positive impact on your credit.

Who is the Grain app good for?

The Grain app may be a good option for people with low credit scores or short credit histories who have trouble qualifying for a credit card. Grain doesn’t have minimum credit requirements, meaning this app may give you access to a line of credit even if you can’t get one elsewhere. 

Grain also may work well for people who have steady, predictable income. That’s because Grain bases its credit lines on your cash flow, or how frequently and reliably you’re paid. 

*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the personal loan, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.

About the author: Andrew Dunn is a veteran journalist with more than a decade of experience as a reporter and editor at North Carolina news organizations, including the Charlotte Observer and the StarNews in Wilmington. In those roles,… Read more.