CashNetUSA Reviews
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About CashNetUSA
CashNetUSA is an online money lender that offers a variety of different loan options for consumers who need quick access to funds. This is a popular option for people who have below-average credit and may not be approved for a traditional loan from the bank. The amount you qualify for and your repayment terms depend on your loan history and the specific requirements of your state. To qualify for a CashNetUSA loan, you must be 18 years of age or older, have a verifiable source of income, have an active checking account and live in the U.S.
Pros & Cons
- Offers various short-term loans
- Same-business-day funding
- Easy application process
- Cannot take out concurrent loans
- Higher interest rates
Featured Reviews
Fast and reliable service for a person in need of cash for emergency needs or just extra money until payday. I did my online application and it was very helpful while I filled for...
Read full reviewI have been a long time customer and have always had a great experience. Even during these hard times they work with me. Great going CashNet USA. I hope to always be a good custom...
Read full reviewPayday lending is illegal and unavailable to consumers in some states. Payday loans usually have very high interest rates and carry risk. As with any loan, consumers should have a clear understanding of the fees, terms and conditions of any payday loan before borrowing.
What is CashNetUSA?
CashNetUSA is an online lender that provides a variety of options for those who need cash quickly. The company works with people with below-average credit scores.
To qualify for a loan from CashNetUSA, you must fill out an application on its website. You’re asked to provide basic information such as your name, phone number, date of birth, address and contact preferences. You will receive an email confirmation right away stating whether your application has been approved.
Most of the time, you will not be required to fax or email any documents unless:
- You are receiving Social Security or disability benefits
- You are self-employed
- You are receiving alimony
If your application is approved before 1:30 p.m. CST Monday through Friday, you will generally receive your funds before the end of the day. If your application is approved anytime after this, your funds arrive the following business day. If your application is approved over the weekend, you receive your money the following Monday.
CashNetUSA loans
Terms on CashNetUSA loans vary based on your location. There are no penalties for repaying your loan early, and you may qualify for a refinance, depending on your state of residence.
CashNetUSA offers flexible lines of credit in specific states as well as installment loans. The unsecured installment loans can be paid back in multiple scheduled payments over several months, and there is no penalty for paying off this type of loan early.
Installment loans are longer-term loans typically used for more significant expenses. Loan amounts vary by state but range from $300 to $3,500. Unlike payday advance loans, the repayment schedule for installment loans is spread out over several months.
CashNetUSA rates
Interest rates vary based on the amount of money you're borrowing, the loan length and the state requirements regarding payday loans. In Texas, annual percentage rates (APRs) for a two-week loan are around 441%.
Fees also vary by state, so check CashNetUSA’s website to see if its services are available in your state and what its fees are. Be sure to read your contract carefully and ask a representative about additional fees.
CashNetUSA FAQ
Is CashNetUSA a scam?
No. One of the most common signs of a payday loan scam is the requirement to put money down upfront. CashNetUSA does not do this, and it takes your privacy and security very seriously.
Is CashNetUSA a payday loan?
No, CashNetUSA offers open-ended lines of credit and installment loans.
Is CashNetUSA safe?
Yes. CashNetUSA uses a variety of technologies to keep your money and personal information safe and secure.
What time does CashNetUSA deposit funds?
If your application is approved before 1:30 p.m. CST, the loan will generally be funded the same business day. If your application is approved after 1:30 p.m. CST, the loan will generally be funded the next business day.
Where is CashNetUSA located?
CashNetUSA is an online lender.
Does CashNetUSA check credit?
Your credit history will not affect your ability to qualify for a payday loan with CashNetUSA.
Is CashNetUSA legit?
CashNetUSA is a viable option for people who need cash quickly. Since the company’s start in 2004, more than 5 million people have used CashNetUSA to help them manage their finances and get access to money when they need it most.
CashNetUSA Reviews
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CashNetUSA Company Information
- Social media:
- Company Name:
- CashNetUSA
- Address:
- 175 West Jackson, Suite 1000
- City:
- Chicago
- State/Province:
- IL
- Postal Code:
- 60604
- Country:
- United States
- Website:
- www.cashnetusa.com