CashCall personal loan alternatives
These lenders have similar loan options while avoiding the lawsuits that haunted CashCall.
If you’re looking for a personal loan with a shorter term, CashCall may have been your first choice. But now that it no longer funds loans, these lenders may be able to help fill the gap so you can borrow the money you need, even with bad credit.
Max. Loan Amount
97.32% to 184.36%
Why did CashCall stop offering personal loans?
CashCall stopped issuing loans after a lawsuit filed by the Consumer Financial Protection Bureau (CFPB) and government action taken by multiple states. Complaints centered around CashCall harassing borrowers, sketchy marketing practices and violations of payday loan laws.
3 alternatives to CashCall personal loans
These providers offer terms similar to CashCall and accept borrowers with less-than-perfect credit – but just like with CashCall, expect to pay higher rates.
Best for borrowing up to $10,000: NetCredit
- How much you can borrow: $1,000 to $10,500
- APRs: 34% to 155%
- Terms: 6 months to 5 years
- Eligibility requirements: Varies depending on your state of residence.
Depending on your state of residence, your personal loan might not be offered by NetCredit but through its partner lender, Republic Bank & Trust Company, Member FDIC.
NetCredit gives borrowers with poor credit the ability to borrow up to $10,000. And in certain states, you can even take out a line of credit. But online reviews are mixed. And for borrowers looking to take out a larger loan, an interest rate over 36% can make repayments difficult to afford.
Best for avoiding high interest rates: OneMain Financial
- How much you can borrow: $1,500 to $20,000
- APRs: 18% to 35.99%
- Terms: 2 years to 5 years
- Eligibility requirements: Established credit history, US citizen or permanent resident, age of majority in your state
OneMain Financial stands out for accepting borrowers with less-than-perfect credit while still offering rates under 36%. It also offers large loan amounts, and you may be able to receive your funds the same day you apply. But it can still be expensive — OneMain uses simple interest to calculate the amount you owe, which can lead to most of your monthly payments going toward interest rather than the principal.
Best for building your credit: OppLoans
- How much you can borrow: $500 to $5,000
- APRs: 59% to 160%
- Terms: 9 to 24 months
- Eligibility requirements: Direct deposit, meet minimum income requirements, live in eligible state
OppLoans is available in a variety of states. And while it doesn’t offer loans as large as the other alternatives listed on this page, it’s a highly rated installment loan lender. It stands out from competitors by capping rates at 199% — but in most states, the maximum APR is even lower. And since it reports payments to all three major credit bureaus, on-time repayments can help you build your credit history.
Does CashCall offer similar loans?
According to CashCall’s main website, it still offers debt settlement services, business loans and mortgages. But it may not be the best choice, given its sordid history. And as of November 2019, its business loans website doesn’t have any security measures to protect your personal information.
Compare more personal loan providers
If you’re looking for an alternative to CashCall, there are other personal loan providers out there willing to work with bad-credit borrowers. Compare rates and terms carefully to find the best fit for your needs.