CashUSA Review

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CashUSA at a Glance

Loan types Unsecured personal loans
Loan amountUp to $10,000
Repayment terms90 days to 60 months
APR5.99% - 35.99%
Best for Those who want to compare several loan choices

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Overview

​​CashUSA is a reputable personal loans aggregator for borrowers who need fast approval. Rather than underwriting the loan, CashUSA connects customers with one of the lenders in its network, and offers an impressively fast loan request process. Whether consolidating debt, taking the family on a dream vacation or finding a solution for a personal emergency, CashUSA is a solid choice for finding an easy and fast online loan.

Best For?

CashUSA is a good option for people who arelooking for a fast loan between $500 and $10,000 and have less than perfect credit. If you need a helping hand to make any final decisions, you’ll appreciate the plentiful educational resources hosted on CashUSA’s website.

Pros and Cons

ProsCons
  • Wide range of repayment terms
  • Large lender network with competitive rates
  • Fast online approval process
  • Unable to guarantee the terms presented by lenders
  • Details on lenders are relatively sparse
  • Lack of live chat features

Loan Features

CashUSA does not provide loans directly, but instead serves as a helpful middleman introducing you potential lenders. Loans provided from CashUSA’s network range from $500 to $10,000, but in practice, the minimum you would be offered is $1,000. Each lender has its own terms, which CashUSA will present to you in a well-organized manner at the end of the loan request process.

It is important to note that because CashUSA is not the loan provider, it has no prior knowledge of any individual’s terms and cannot influence terms for customers who do not find what they need. Terms listed are based entirely on the lender’s criteria and the customer’s financial situation.

The Loan Request Process

The process of requesting and receiving approval for a personal loan is where CashUSA shines, giving you a range of borrowing options with funds that are accessible as soon as the next business day. The requirements for requesting a loan from one of CashUSA’s lending partners are as follows:

  • At least 18 years of age
  • US citizenship
  • At least $1,000 of post-tax monthly earnings
  • A checking account
  • Valid email address and phone number

You'll start the online process by entering your email address, and specifying the type of loan you're after and how much you need to borrow.
Whether for debt consolidation, an emergency, urgent auto repair, or even to treat the family to a Disney World vacation, CashUSA will in most cases offer reasonable terms.

The second step in the process will ask you for your official identification, such as a Social Security number, employment information, and salary. Then, with the option to input banking information, you can easily have a loan deposited directly into your account.

Loan Terms

After filling out the request form, which takes all of 2 minutes, you can review the terms of the loan, if a lender has approved you. The loans that are offered to each customer vary, but it’s likely you'll receive an offer close to the amount you requested and with slightly different terms depending on the lending partner. 

Customers who choose to leave their bank details in step 3 of the request process can enjoy instant deposits once their loan request is approved by a lender. This is one of the benefits of CashUSA’s model, which puts you under no obligation to take the loan you are offered before receiving the benefit of near-instant bank deposits once a loan is accepted. 

If you have any questions or concerns during any step along the way, CashUSA makes its customer support channels readily available and aims to provide answers as soon as possible.

Repayment Terms

The example that CashUSA gives for a loan term is for financing of $1,500 over 2 years with an APR of 7.90%. In this case, you would have monthly payments of $67.59 and total amount payable of $1622.08. Term lengths vary broadly, with some as short as 90 days and others spanning 60 months. You can repay your loan in any number of convenient payment methods, including the option to automatically send funds to a lender directly from your bank account. 

Privacy & Security 

To protect all your information, CashUSA employs some of the most sophisticated encryption standards around. Sensitive personal and financial information is input only in the secure online request form, which uses HTTPS secure socket layer protection protocols to ensure data integrity.  

Help & Support

Customers can connect with support by calling or sending an email, which is a nice bonus considering that many lenders do not provide both of these options. If you choose to call, your call should be answered by a representative fairly quickly. If you’d rather get in touch by email, you can expect a thorough answer by the next business day.

Summary

Though not explicitly a lender, CashUSA quickly connects you to its lender network. No matter what you need the loan for or what your credit score is, you can get approved quickly. In many cases, funds can be transferred within a single business day depending on partner approval. If you are getting a loan for the first time you can take advantage of the truly impressive array of educational articles designed to help you with the entire process. 

Physical Address

1391 W 5th Ave #103

Columbus, OH 43212

United States of America

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