CashNetUSA payday loans review

CashNetUSA gives you the ability to apply for a payday loan, installment loan or line of credit.

CashNetUSA provides its services in 30 states across the US.

Applying for a CashNetUSA loan requires you to follow a simple online process, and you can get access to the approved funds as soon as the next business day. While you don’t have to have perfect credit to apply for a CashNetUSA loan or credit line, your ability to make timely repayments is crucial.

Product NameCashNetUSA Loan
Min Loan AmountVaries by state
Max. Loan AmountVaries by state
Loan TermVaries by state
Loan SecurityUnsecured
Turnaround Time1 business day
CostsVaries by state of residency.
RequirementsYou must be a permanent US resident or citizen, at least 18 years old and have a regular income.

Pros

  • Offers payday loans, installment loans and lines of credit.

Cons

  • High APRs range from 201.32% to 1,140.63%.
  • Have an active email address
  • Have an active checking account
  • Have a driver's license
  • Have been employed for at least one month
  • Must be a US citizen or permanent resident
  • Must be at least 18 years old

CashNetUSA overview

CashNetUSA is trusted by over 2 million customers across 30 states to provide loans quickly and easily. An application takes only a few minutes and receive an instant decision on your acceptance. Once you sign the loan contract, you can have your funds as soon as the next business day.

Types of loans you can get from CashNetUSA

CashNetUSA provides payday loans, installment loans and lines of credit, but not all products are available in all states.

Payday Loans. If you qualify, you can borrow up to  through a payday loan, although the maximum you can apply for depends on regulations in your state. Like all payday loans, you must repay the principal and interest by your next payday.

  • State availability: Alabama, Alaska, California, Florida, Hawaii, Louisiana, Maine, Michigan, Minnesota, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, Texas, Washington, Wyoming

Installment Loans. Where you live determines how much you can apply for and the how long you have to pay back the loan. Your financial situation determines if you have the ability to make monthly or bi-monthly repayments until you repay the loan completely.

  • State availability: California, Delaware, Illinois, Mississippi, Missouri, New Mexico, Ohio, South Carolina, Texas, Wisconsin

Lines of Credit. A CashNetUSA line of credit gives you more freedom when it comes to funding and repayments in comparison to other short term loans. You apply only once and you can access funds up to a given limit at any time. When it comes to repaying your loan you, can make minimum monthly payments, lump sum payments or pay the outstanding balance in full.

  • State availability: Alabama, Idaho, Kansas, Tennessee, Utah, Virginia

CashNetUSA Promo Code

If you’re approved for a loan, use promo code below to save 15%. Visit CashNetUSA.com for more information.

Disclaimer: On your initial loan fee for payday loans or CSO/brokered loans, get a 15% rebate on your first two payments for installment loans or installment-payday loans, or get a 15% rebate on actual CAB fees paid for CAB installment loans!

15% off initial CashNetUSA Loan fee

15% off on your initial loan fee for payday loans or CSO/brokered loans; get a 15% rebate on your first two payments for installment loans or installment-payday loans; or get a 15% rebate on actual CAB fees paid for CAB installment loans! Conditions apply.

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What are the benefits of borrowing from CashNetUSA?

Applying for a Payday Loan through CashNetUSA means you have access to the following features and benefits:

  • Quick application. The online application takes a few minutes to complete, and you’ll find out if you’re approved almost immediately. Once approved, your money is transferred into your bank account the following business day.
  • Use funds for any purpose. You can use the money you receive through a CashNetUSA payday loan any way you want to.
  • No collateral. Since these loans are unsecured in nature, CashNetUSA does not require you to provide any kind of collateral.
  • Bed credit is OK. Unlike many mainstream banks and lenders, CashNetUSA does not require you to have a perfect credit history. You can apply for the payday loan no matter what your credit looks like as long as you can demonstrate an ability to repay.

Find out your credit score here

The costs of borrowing

Multiple factors affect how much you end up paying in the form of fees. These include how much money you borrow, state regulations and how long you take to repay the loan. If you don’t pay the loan off on the due date, you could end up paying more in the form of NSF fees and late charges. If you live in a state that allows extensions to your loan term, you might have to pay fees for this as well.

You can get a clear picture of the fees by going through the loan’s contract, which you will receive after the approval of your application. If you don’t agree with the terms or feel you might not have an ability to repay the full amount on time, you are under no obligation to sign the contract.

Is it safe to borrow from CashNetUSA?

CashNetUSA abides by all state regulations. You’ll be provided with a loan contract after your application’s approval, and this document gives you a clear indication of the loan terms along with all associated fees and charges. CashNetUSA keep all the information you provide through their website safe and secure using the latest in encryption technology.

Is CashNetUSA legit or a scam?

How do CashNetUSA Payday Loans compare?

Rates last updated August 24th, 2017
Max. Loan Amount Term of Loan Turnaround Time Costs
CashNetUSA Loan CashNetUSA Loan Varies by state Varies by state 1 business day Varies by state of residency. Go to site More

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  • If the provider quotes a different rate to the one above please let us know

Rates last updated August 24th, 2017
Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
Name Product Product Description Maximum Loan Amount Term of Loan Turnaround Time
LendUp Payday Loans
LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.
$250
7–30 days
Generally receive the money the next business day
CashNetUSA Loan
Apply for short term loans, installment loans or lines of credit in 30 states typically with a day’s turnaround.
Varies by state
Varies by state
1 business day
ACE Cash Express Payday Loans
Quick short term, installment and title loans come with no prepayment penalty and a 72-hour satisfaction guarantee.
Varies by state
Varies by state
Generally receive the money the next business day
Check City Payday Loan
Apply for a fast, secure and confidential payday loan — even with less-than-perfect credit.
Depends on state of residency
Varies by state
Next day
Check into Cash Payday Loan
With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
$1,000
Varies by state
1–2 business days

Compare up to 4 providers

How you can get a payday loan from CashNetUSA

To apply for a CashNetUSA payday loan, simply click on the ‘Go to Site’ button, but make sure you meet the following eligibility requirements:

Eligibility criteria:

  • An American citizen or Permanent resident of the US
  • Regular source of income
  • At least 18 years old (varies by state)


In order to complete the application successfully, you have to provide the following information:

  • Name, phone number, home address and email address
  • Date of birth, Social Security number and state ID number
  • Employer’s name and phone number
  • Income details
  • Bank account details

Frequently asked questions

If you have all the required information close at hand, you can complete the application in around five to 10 minutes.

If you accept the loan’s contract during business hours, you can get access to the approved funds the next business day.

Yes, and this is because the account is used when it comes to transferring approved funds and making repayments.

You won’t have to fax any documents over in most instances but you might have to if you receive alimony, if you receive disability benefits, if you’re self-employed, or if you live in a list of given states.

This depends on the state of your residence.

There are a few things you should know about cash advances in order to make the right decision for you and your family.

First, you should generally only take out a cash advance in emergency situations because this type of loan is typically a short-term, one-time solution. If you have structural financial problems that cause you to have difficulty repaying debts, you should consider credit counseling.

Second, you’ll want to make sure you can repay your cash advance in a timely manner. Missing the due date on your repayment will result in additional charges. Avoid digging yourself into a deeper financial hole by taking on debt you can’t afford.

Third, before accepting a cash advance, be sure to read the lender’s terms and conditions carefully. It’s important to read the fine print so you know exactly what you are paying and when it is due.

Funds are usually deposited into your bank account on the next business day.

While not all lenders report to the big three credit agencies that handle credit, some might choose to report late or missing payments. This is at the discretion of the lender.

The best solution is to contact CashNetUSA and inform them. Usually, they will be willing to extend the payment deadline and find ways to help you through difficult financial times.

Are payday loans available in my state?

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28 Responses

  1. Default Gravatar
    SherriAugust 13, 2017

    Do you give loans to military and there dependents?

    • Staff
      HaroldAugust 13, 2017Staff

      Hi Sherri,

      Thank you for your inquiry.

      USAA is part of unique group of financial institutions with a mission to help US military members and their families with more favorable financial products, including banking accounts, credit cards, investment advice and loans to its members. You may want to consider the available options here. http://bit.ly/2w2cZcU

      I hope this information has helped.

      Cheers,
      Harold

  2. Default Gravatar
    ToniaAugust 12, 2017

    Why do you have to buy a 100 dollar card at wal mart to get a loan for 2,000 dollars

    • Staff
      AnndyAugust 12, 2017Staff

      Hi Tonia,

      Thanks for your question.

      If you apply for CashNetUSA payday loan, you have the option to provide your bank account details. If you don’t have a bank account, that is when you will need a prepaid debit card where the lender could deposit the proceeds of your loan.

      You may also check this page to compare other prepaid debit card loans.

      Cheers,
      Anndy

  3. Default Gravatar
    RonJuly 29, 2017

    Hello! I’m curious… I applied in Kansas and was approved for a line of credit of $700. However, the interest rate I was shown was a whopping 299%. How does that factor into repayment, if calculated from the date of loan? Does that essentially mean I’d be expected to repay $2,093 in total, and does that 299% continue to inflate my amount owed back, or is it static at $2,093? Thanks for your help!

    • Staff
      LiezlJuly 29, 2017Staff

      Hi Ron,

      Thanks for your question.

      CashNetUSA charges an annual percentage rate of 299% or a daily interest of 0.8192%. For a loan of $700 with 12-month loan term, the total repayment you’ll make is $2,093, not accounting for any fees or penalties. However, the total repayments may vary depending on the loan term since CAshNetUSA charges daily interest based on the loan outstanding balance. Hence, the reducing interest as you make your periodic repayments.

      I hope this has helped.

      Kind regards,
      Liezl

  4. Default Gravatar
    JobsdealsJuly 16, 2017

    hi i am not an us resident, but i have us bank debit card, can eligible for getting payday loan, please send me details at my email…

    • Staff
      AnndyJuly 16, 2017Staff

      Hi there,

      Thanks for your question.

      If you are not a US resident, the lenders on this page may consider you for a loan and have the proceeds deposited to your debit card account.

      Kindly review the eligibility criteria and the terms and conditions of the loan product before submitting your application. You may also have to contact the lender directly to inquire if your debit card meets their criteria.

      Cheers,
      Anndy

  5. Default Gravatar
    LenoraJuly 7, 2017

    I recently got an email from cashnetusa saying i was approved for loan amount of $5000 but the transfer failed. It said that i need to purchase a giftcard for $100 in order to continue with a wiring transfer. But i noticed that the website for Cashnet says that the maximum loan amount is $2000. Or 2500. And no other payday loan places ever said anything about having to use a giftcard to get a loan. So this sounds like bull to me. So my question is should i change my account number at my bank becauae they have that info.

    • Staff
      AnndyJuly 8, 2017Staff

      Hi Lenora,

      Thanks for getting in touch.

      In most states, the maximum amount of loan that you can get from CashNetUSA is less than $5,000. If you are in doubt about the email you received, you can contact the lender directly to confirm if it is legitimate or not.

      In regards to your bank account, if you have not given any security number such as PIN or password for your online log-in, it is generally still safe. However, to be on the safe side, it would be best to also contact your bank to inquire what is the best course of action for this situation.

      Cheers,
      Anndy

  6. Default Gravatar
    MarshaJune 3, 2017

    Can you explain if I get the loan and only $1000.00 how does that work?

    • Staff
      HaroldJune 19, 2017Staff

      Hi Marsha,

      Thank you for your inquiry.

      With CashNetUSA Payday Loans you can may be eligible to get a minimum loan amount of $300 up to $2,250. But basically you would need to meet all the requirements. You can review the the information stated above for this loan to have a better understanding about the offer.

      I hope this information has helped.

      Cheers,
      Harold

  7. Default Gravatar
    DominiqueMay 25, 2017

    How much a month to pay off for 2,500?

    • Staff
      HaroldJune 22, 2017Staff

      Hi Dominique,

      Thank you for your inquiry.

      The monthly repayment may vary depending with the types of loans you can get from CashNetUSA. You can check this information above.

      I hope this information has helped.

      Cheers,
      Harold

  8. Default Gravatar
    MiliaMay 9, 2017

    Can I request a higher amount than what I was approved for?

    • Staff
      HaroldJuly 2, 2017Staff

      Hi Milia,

      Thank you for your inquiry.

      While we do not represent any company that we feature on our pages, we can offer you a general advice. You can always this matter directly with your chosen lender. Please not that the loan amount may vary depending on the lender.

      I hope this information has helped.

      Cheers,
      Harold

  9. Default Gravatar
    AnnaMay 4, 2017

    Why cant I get a installment loan for 750.00 like it said to begin with?

    • Staff
      HaroldJuly 4, 2017Staff

      Hi Anna,

      Thank you for your inquiry.

      Typically, once approved you will receive the funds by the next business day, which you can use for whatever you need. The amount may vary depending on your capabilities of repayment. It would be nice to contact your lender directly to discuss this matter.

      I hope this information has helped.

      Cheers,
      Harold

  10. Default Gravatar
    EileenApril 19, 2017

    How long do i have to pay back loan

    • Staff
      AnndyJuly 2, 2017Staff

      Hi Eileen,

      Thanks for your question.

      CashNetUSA Payday Loan will be payable on your next payday. The actual date will depend on which state you belong to.

      Cheers,
      Anndy

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