Is CashNetUSA Legit? Reviews Of CashNetUSA Online Loans


CashNetUSA is legit and it is not a scam. However, taking a loan from CashNetUSA is not a smart decision because it offers loans with a high-interest rate. The interest rate of CashNetUSA can go as high as 449% per year! Which is really insane. So, if you could borrow $300 from CashNetUSA then you would owe $1,647 to CashNetUSA. So, basically, CashNetUSA is taking advantage of people who are in need of fast money and are willing to do just about anything to get the fund.

Key Takeaways

  • CashNetUSA is an online loan service provider and it provides fast loans for people who need immediate funds
  • From CashNetUSA, you can get loans that range from $100 to $600
  • CashNetUSA also offers installment loans and lines of credit that range from $100 to $3,500
  • CashNetUSA loans are available in 29 states of the USA
  • If you want to qualify for a CashNetUSA loan then you must have an active checking account

Overview Of CashNetUSA

Before, borrowing money from CashNetUSA, let’s take a closer look at CashNetUSA and its loan programs.

Availability: CashNetUSA loans are available in 29 states of the USA, and the types of loans they offer vary from state to state. Therefore, make sure you check if CashNetUSA is available in your state and what type of loan they are offering.

Varying Loan Terms: CashNetUSA has various loan terms. For example, CashNetUSA charges a fee for the cash borrowed. The loan fees and loan terms vary depending on where you live. Usually, you can expect a flat fee for a loan application and a repayment due date as early as your next payday.

Require Less FICO Score: If you have a low FICO score then there is nothing to worry about because CashNetUSA accepts loan applications with a low FICO score. It means you can apply for and get a personal loan with a low FICO score.

Receive Loan Quickly: If your CashNetUSA loan application gets approval then you would receive the fund on the same business day or the next business day. So, if you need urgent funds then you can rely on CashNetUSA. 

Require Checking Account: If you want to qualify for a CashNetUSA loan then you must have an active checking account that will accept an electronic transfer of funds.

Discount Program: CashNetUSA is partnered with some merchants and it provides a discount for borrowers on various products.

CashNetUSA Loan Requirements

CashNetUSA is not like other lenders and it doesn’t look at typical markers of creditworthiness. Instead, CashNetUSA looks at other alternative credit histories like whether you pay your bills on time or not, whether you have a stable income or not, etc. Some common loan requirements of CashNetUSA are – 

1. Minimum credit score: Less-than-perfect credit 

2. Minimum credit history: Not specified.

3. Maximum debt-to-income (DTI) ratio: Not specified.   

4. Other Requirements: Must have an open checking account

Pros And Cons Of CashNetUSA

Pros Of CashNetUSACons Of CashNetUSA
Require no or minimum credit scoreCashNetUSA has a higher interest rate
Quickly receive the fund once your application gets the approvalCashNetUSA is not available in all states of the USA
Loans have equal monthly paymentsFees and rates vary based on where you live
CashNetUSA accepts Alternative creditCannot take out concurrent loans

Customer Review Of CashNetUSA Online Loans

Here are some reviews of CashNetUSA loans that we have collected from various online platforms. Let’s check them out!

Shane From Webb City, MO Says – 

“I got approved for a grand with a 400-credit score, my credit is only down that low due to getting financed for a new car or it would have been a lot more, but hassle-free, and I got my money the same day. I was in a bind and needed cash asap I’m glad they approved me.

Will be doing business with them in the future. Thanks, CashNetUSA you guys got a mofo the help he needed fast appreciate it!”        

Phyllis From Birmingham, AL says – 

“I found a group that did what they say to help people in a bind, It was easy and straightforward contracting applying for it was simple, and getting an answer within a reasonable amount of time helping you without a hassle and running around my only problem is the amount interest but for the service and the help you give it so understandable”

Francita Of Marion, AL says –

“My experience with CashNetUSA was very professional. I rate you guys for excellent service!!!! Would recommend a friend, spouse, coworker, or family to call you guys and give you a try. The process was not long after I submitted all of my information. They went over it. They emailed to confirm the information that was provided. The next email I received was that I was approved for the loan. Thank You. You don’t realize how much I appreciate that. I was able to get to the hospital to see my father. He was coded this morning at 4:00 am. He’s now in Cardiac ICU and on the ventilator, but you all made it possible for me to get there to see him. For that, I’m very grateful to you CashNetUSA.”

Brenda Of Memphis, TN Says – 

“I was given a loan when it was most needed. The staff was very friendly and knowledgeable as well as sensitive to my needs. Thank you so very much. I would recommend them to all my friends and family. I accidentally stumbled on your company while searching for a well-known company to deal with that would approve me for a loan with affordable monthly notes. I am very pleased to be a part of the CashNetUSA family. Again, thank you for approving my loan and renewing my line of credit loan.”

Erica Of Midfield, AL Says – 

“I’m very grateful for your services and for taking a chance with me as a new member. Thank you all very much from the one who directed me to your site to the one who processed my application. And a very special thank you to the one who gave the go-ahead on lending me money when I needed it most the bank, I have been with for 12 years wouldn’t lend me a penny even in a pandemic even when I get direct deposit and they could easily get it back, however. Thank you CashNetUSA. I will be returning your money plus interest very soon. God Bless.”

Suzan Of Fayetteville, TN Says – 

“I’m so happy with the service I received. Effortless on my part mostly and quick and professional experience from CashNetUSA. I have no problem recommending it to family members and friends. With economic stress and strains from our economy today, CashNetUSA came as a Blessing for my family and me. No long-drawn-out waiting period for approval. My application process was done in less than an hour. I had my approval. I hope this rating will encourage others to try this agency. You won’t regret it. Truly Thanks!!! CashNetUSA.”

Nancy Of Hendersonville, TN Says – 

“I had a loan before and had paid it down. Had a 700+ credit. Asked for the 700 and was given it without any problems. Appreciate the service and the opportunity. I would definitely recommend this service to my friends and family.”

Rachel Of Topeka, KS Says –  

“Fast. Easy. Reliable. Easy approval. Convenient. I love Cash Net. My brother’s electricity was shut off. I wanted to help him get it back on. It was off for 6 weeks. I got the loan and paid 735 $ to get it on.”

Latishia Of Baton Rouge, LA Says – 

“This money was really needed. Have bills to pay and I haven’t been working so some extra cash came and this was right on time. It was easy and fast. The application process was easy and long as you do it before 1 pm your money hits the same day which is really a good thing.”

Karen Of New Orleans, LA Says – 

“Great service. I’m handicapped and free pick-up is the easiest way for me to take off my order. Someone will come to me and load my order for me. This is a good service for senior citizens. Thank you so much for implementing this service.”

FAQs About Is CashNetUSA Legit? Reviews Of CashNetUSA Online Loans

Is CashNetUSA a scam?

CashNetUSA is not a scam. One of the most common signs of an online loan scam is the requirement of paying money upfront. CashNetUSA doesn’t charge any money/fees before the approval of the loan.

Is CashNetUSA A Payday Loan?

Yes, CashNetUSA is a payday loan. Usually, CashNetUSA gives quick access to funds in between paydays.   

Is CashNetUSA Safe?

Yes, CashNetUSA is completely safe to apply for loans. CashNetUSA is very serious about the security and privacy protection of the customers therefore, there is no risk of submitting personal and financial information on CashNetUSA’s website.

What Are The Requirements To Apply For A CashNetUSA Installment Loan?

The eligibility to apply for CashNetUSA installment loan are –

1. Be 18 years of age or older
2. Must have a steady source of income
3. Have an active checking account
4. Be a U.S. citizen or permanent resident

Where Is CashNetUSA Located?

CashNetUSA is located in Nevada but it lends money in 29 states of the USA.



Last Updated on October 31, 2022 by Magalie D.

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