Bison Cash Review: Stay Away – Bad Reviews & Sky-High Costs

Is Bison Cash legit?

Bison Cash offers loans, but at rates that may exceed 700%, it can hardly be considered legit compared to some installment lenders. We also couldn’t find any positive reviews, which is rare even for a tribal lender. Plus, there’s been some formal complaints to the Consumer Financial Protection Bureau (CFPB) and at least one lawsuit alleging predatory lending practices.

Compare Bison Cash with better lenders

5 of 5 results

Updated regularly

Finder Score	Loan amount	Turnaround time	Requirements	bullet point infobox
Promoted Finder score 9.5 Excellent EarnIn	Finder score 9.5 Excellent	Up to $150/day, with a max of $1000 between paydays	1 to 2 business days or within 30 minutes for a fee	At least 18 and a US resident, Valid Social Security number, At least 60 days of banking history, Proof of consistent income, Positive bank balance, Get paid by direct deposit.	Access up to $150 per day, with a max of $1000 between paydays. Subject to EarnIn terms & conditions.	Go to siteMore info Compare product selection Compare	loading
Promoted Finder score 9.4 Excellent OppLoans Installment Loans	Finder score 9.4 Excellent	$500 to $5,000	As soon as the same business day	+18 years old, Receive paychecks through direct deposit, $1,500 minimum monthly income, Live in eligible state	Not available in: CO, CT, GA, IA, MD, MA, NY, SD, VT, WV. Comes with the option to change your due date so you won’t fall behind on repayments.	Go to siteMore info Compare product selection Compare	loading
Promoted Finder score 8.2 Great Cleo	Finder score 8.2 Great	Up to $250	3 to 4 days or instant for a fee.	Not stated	Automatically monitor your spending plus access cash advances up to $100 at a time.	Go to siteMore info Compare product selection Compare	loading
Finder score 9.1 Excellent CreditNinja Installment loan	Finder score 9.1 Excellent	$300 to $5,000	1 to 2 business days	Checking account at least 60 days old, regular income through direct deposit, resident of eligible state, age of majority in your state	Not available in: AK, CO, CT, FL, GA, IL, IA, KY, ME, MD, MA, MT, NV, NH, NJ, NM, NY, NC, ND, OR, VT, VA, WA, WV. Fast online funding up to $5K, but you won't know about rates and terms until after you apply.	Go to siteMore info Compare product selection Compare	loading
Finder score 8.7 Great Current	Finder score 8.7 Great	$50 to $750	Up to 3 days or within an hour for a fee	Among other factors, you must receive a monthly total of $500 or more in Eligible Payroll Deposits into your Current Account.	Get up to $750 before payday, once you qualify. Paycheck Advance is an earned wage access service and is not a loan or credit product. Subject to Paycheck Advance Terms and Conditions.	Go to siteMore info Compare product selection Compare	loading

loading

Load More

Showing 5 of 5 results

Compare other products

We currently don't have that product, but here are others to consider:

How we picked these

What is the Finder Score?

The Finder Score crunches 3+ types of short-term loans across 65+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best short-term loans for all credit types, you can see how each short-term loan stacks up against other short-term loans with the same borrower type, rate type and repayment type.

Read the full breakdown

Where Bison Cash falls short

Bison Cash fails to be transparent on its website about how much it charges. Even if you call to ask, you might be told that you have to apply to find your rate. It took three phone calls to get a customer service rep to admit that rates run from 500% to 700% or more.

If your credit isn’t the worst, there are other personal loan options for people with poor credit. Or, if you only need a small loan until your next payday, a cash advance app is a less expensive option, and the requirements are more lenient than those of other forms of lending. You typically just need a bank account and a regular source of income.

What makes Bison Cash shine?

Bison Cash is a possibility for people with bad credit, and you could receive funding within a day or two. But at those rates, and with interest accruing daily, only people who can repay the loan within a week or two could possibly benefit. If you can only afford to make the minimum payments, you could end up paying four or five times more than you borrowed.

Bison Cash loan details

Bison Cash contact info

Calculate your monthly loan payments

Use our loan repayment calculator to compare monthly payments and the total cost of the loan based on different rates and terms.

How to qualify for Bison Cash

To qualify for Bison Cash, you’ll need to meet the following requirements.

• Be at least 18 and a US citizen or permanent resident
• Provide proof of consistent income for at least the last 90 days
• Have a valid checking account in your name
• Have a valid email and phone number

How to apply

Follow these steps to apply for a loan with Bison Cash.

1. Fill out the online application and create an account.
2. Log in to your account to verify your information.
3. Review and sign your loan agreement if approved.
4. Receive funds on the next business day.

Bison Cash says it uses alternative credit agencies to check your credit, meaning your FICO score shouldn’t be affected.

Bison Cash reviews and complaints

Bison Cash doesn’t have a Trustpilot page, which is odd for a lender, and it has only negative comments on the Better Business Bureau (BBB). Customers say the rates are extremely high, customer service is poor and it’s difficult to get a response from a representative if you have an issue.

There are also a few formal complaints filed with the Consumer Financial Protection Bureau (CFPB). One person said their principal balance grew by $150 before their first payment was even due and that Bison Cash didn’t disclose the accrual of daily interest. Another complained that after making multiple payments, their original balance was nearly the same. Bison responded and the complaints were closed, but no information was given about the resolutions.