Cash Store short-term loans review

A lender that claims to approve over 90% of its applicants for installment, cash advance and title loans.

Having spare money on hand to cover an emergency isn’t always the reality. In times like these, plenty of people turn to short-term lenders to help them pay for car repairs or unexpected medical bills. Cash Store has been extending loans to borrowers since 1996 and claims to approve a majority of its applicants. You can apply online, but must pick up your cash at a store location.


Min. Amount


Max. Amount

Same business day to 1 business days

Turnaround time


Product NameCash Store Short-term Loans
Min. Amount$100
Max. Amount$5,000
Loan TermVaries
Loan SecurityUnsecured
Turnaround TimeSame business day to 1 business days
RequirementsLive in serviced state, regular source of income, active checking account, state-issued ID or driver's license, ages 18+

Available in 7 states only

Cash Store only lends to residents of Idaho, Illinois, Michigan, New Mexico, Texas, Utah and Wisconsin. If you don’t live in one of those states, you’ll have to consider a different lender.

What types of loans does Cash Store offer?

Cash Store offers residents of Idaho, Illinois, Michigan, New Mexico, Texas, Utah and Wisconsin the following three loan options:

  • Installment loans. Cash Store offers installment loans for borrowers looking to pay back their loans over time and take out larger amounts. Most states allow you to borrow up to $3,000, while New Mexico has a higher cap of $5,000.
  • Cash advance loans. These loans have shorter repayment terms. Cash Store only extends these loans to residents of Illinois with a $865 cap, and Michigan with a $600 cap.
  • Title loans. If you have a lien-free title on your car or truck, you may be able to drive away with a loan by using the title as collateral. In most states you can borrow up to $20,000 based on the value of your vehicle, while Wisconsin has a higher maximum of $25,000. Vehicle is subject to evaluation for title loans.

What are the benefits of a Cash Store loan?

  • Over 300 stores. Although you can start the application online, you’ll need to visit a store to complete it. But with more than 300 stores across 7 states, it’s easy to find one near where you live.
  • Quick turnaround time. You won’t have to wait for your money to be deposited into your checking account. Instead, you can walk away with cash or a check in hand the same day.
  • Special offers available. Cash Store has a referral program and a first-time borrower discount. You can earn $100 by referring a friend for a loan. If it’s your first time applying, you can get a 50% rebate on the interest portion of your first regularly scheduled payment by presenting a valid coupon during your visit.
  • Informative FAQs. Unlike many of its competitors, Cash Store has a comprehensive section on its website that addresses many of the questions about borrowing a short-term loan.

What to watch out for

  • Loans not available in every state. Unless you live in Idaho, Illinois, Michigan, New Mexico, Texas, Utah or Wisconsin, you won’t be able to get a loan from Cash Store.
  • Must pick up cash in-store. You can begin the application online, but to receive your funds you’ll have to visit a Cash Store location.

Compare more short-term loan options

Select your state to explore your options by loan amount, loan term and turnaround time. Choose the Go to site button to learn more about a particular lender.

Name Product Filter Values Loan amount Loan Term Turnaround time
OppLoans Installment Loans
$500 - $4,000
6 to 18 months
1 business day
Comes with the option to change your due date so you won’t fall behind on repayments.
Fast5kLoans Short-term Loans Connection Service
$100 - $35,000
6 months to 6 years
As soon as the next business day
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$100 - $2,500
Same business day to 1 business day
Get offers from potential lenders in minutes by filling out just one online form.
Monevo Installment Loans
$500 - $100,000
6 months to 7 years
Varies by lender
Quickly compare multiple online lenders with competitive rates depending on your credit.
Fig Loans Installment Loans
$200 - $800
84 days to 12 months, varies by state
As soon as the same business day
Get an affordable installment loan that comes with no fees, flexible terms and predictable monthly repayments.

Compare up to 4 providers

Budget to repay your loan on time

Although short-term loans can feel like a miracle when you’re struggling to make ends meet, they are costly. Short-term loans come with a variety of fees and interest rates that can soar into the hundreds of percents.

On top of this, the repayment period can be quite fast. With similar payday loans, many people have had difficulties paying back what they borrow by the due date and end up taking out a second loan to cover the remaining balance.

This doesn’t mean you can’t be successful when borrowing a short-term loan. If you budget carefully when you borrow, you could pay it back on time with no penalty charges. Our list of payday loan alternatives can help you rule out other options before you decide if a short-term loan is your best option.

How do Cash Store auto title loans work?

If you have a car or truck with a lien-free title, Cash Store may be able to extend a loan of up to $25,000 using your car as collateral. Your vehicle is subject to evaluation with a title loan. Your rates will be lower than a typical payday loan, and you can pay back your loan over an extended period of time.

The loan amount you qualify for will vary by your car’s make and model as well as by your ability to repay. Vehicle is subject to evaluation for title loans and auto equity loans.

In order to apply, you’ll need to bring along your vehicle, a lien-free title and a valid driver’s license. Illinois residents will also need to bring proof of income.

Is it safe to apply with Cash Store?

Yes. Cash Store has a valid security certificate and is protected by Norton Security. The information you enter on the site will be secure, and the privacy policy covers the standard information that Cash Store shares.

With recent news about websites being hacked, you can follow certain protocols to protect your information even further. For example, avoid using public computers when entering any personal information on a website and be sure to change your passwords periodically.

What do borrowers say about Cash Store?

There are no reviews posted on major websites like the Better Business Bureau (BBB) or TrustPilot about Cash Store as of February 2019. However, there are reviews on other websites like Yelp and consumer review sites that mention individual stores.

From what we found, customer experience varies by store. Your best bet when looking to see what other people think about Cash Store is to find former borrowers in your local area and see what they have to say about the loan and the customer service they received.

Am I eligible?

The eligibility criteria for Cash Store typically requires you:

  • Live in a state serviced by Cash Store
  • Have a regular source of income
  • Have an active checking account
  • Have a state-issued ID or driver’s license
  • Have a lien-free car title for title loans
  • Are at least 18 years old

In Illinois, New Mexico, Texas and Wisconsin, you can use a debit card associated with your bank account or a payroll card from your employer to apply for a loan.

How do I apply?

  1. You can click Go to site on this webpage to start your Cash Store application, or go to Cash Store’s website.
  2. Enter your full name, phone number, email and select your state.
  3. Complete your application by filling out information about yourself.
  4. Read the Important Information disclaimer carefully and agree to the terms.
  5. Submit your application and find a Cash Store location near you.
  6. Bring the required documents to your local store to complete your loan application.

Required documents

In order to complete your in-store application successfully, you need to provide the following documents in most states:

  • Proof of income, such as a pay stub or bank statement showing direct deposit
  • A recent checking account statement
  • A personal check
  • A state-issued ID
  • Lien-free title for auto title loans

What happens after I get the loan?

Once you receive your loan, you can use the funds however you choose. If you took out an installment loan or auto title loan, your due date will be listed on your loan contract.

It’s important to pay back your loan on time. Otherwise, you may be subject to late fees and, if you borrowed an auto title loan, your vehicle could be repossessed.

Bottom line

Cash Store can be a good option for residents of Idaho, Illinois, Michigan, New Mexico, Texas, Utah or Wisconsin looking to borrow funds to cover a financial setback. With multiple loan options available and plenty of store locations within its seven serviced states, you should be able to find a loan that fits your needs.

To compare more of your options before committing to a final decision, visit our guide to short-term loans.

Ask an expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.


    Default Gravatar
    September 14, 2018

    What will deny me a loan

      Default Gravatar
      September 15, 2018

      Hi Zack,

      Thanks for leaving a question on Finder.

      The eligibility criteria to be a approved for a loan in Cash Store is:

      1. Live in a state serviced by Cash Store
      2. Regular source of income
      3. Active checking account
      4. State-issued ID or driver’s license
      5. Age 18 or older

      If you do not meet one of the requirements above, there’s a good chance you will be denied.

      Here are some of the common reasons lenders might deny your application.

      1. You have too many existing payday loans
      2. You’re unemployed
      3. Welfare is your only source of income
      4. There are overdrafts on your bank account
      5. You’re paid in cash
      6. You have a bankruptcy on your record
      7. You didn’t meet the minimum requirements

      There are multiple reasons why you might have been rejected for a loan, but don’t be discouraged. You can review your application to make sure you didn’t miss any information or work through a lender-matching service. Not every loan option is right for you so be sure to consider all your options and compare the costs before applying again.


Go to site