cashnetusa review

CashNetUSA Review: Loan Types, Rates, Terms & More

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Every month, millions of Americans apply for personal and payday loans. You can do the same quickly and from the comfort of your home with CashNetUSA. Over the years, the lender helped over 3 million consumers and has established itself as a trusted lending brand.

Scroll down to read this ultimate CashNetUsa review, created by our team of financial experts. They personally tested the site as well as its rates, deals, and service. So, this article is the single stop for learning all critical points about this US lender.

What Is CashNetUSA?

The Cash Net USA loan company is here to support Americans facing financial issues. This reputable lender has been successfully working ever since 2004. It is owned by Enova International, a publicly-traded company that specializes in supporting people during short-term financial struggles.

CashNetUsa is a destination where customers can get fast cash and several types of online personal loans right from their sofa. We must point out that the service isn’t available in all US states. So, you should enter your state of residence to discover what your options are.

How Does CashNetUSA Work?

Let us introduce you to this lender by answering: what is CashNetUsa and how it works? Well, the brand is a US-registered lender of the best short-term loans. It operates in 28 states and offers a range of different funding options.

cashnetusa review how it works

The exact loan size offered varies depending on your state of residency and loan type. You can expect payday loans between $100 and $500 alongside installment loans between $100 and $3,000.

The APR of these loans is generally high, i.e., over 36%, which is considered the highest APR of affordable loans. The APR for a CashNetUsa payday advance loan may be drastically different than the APR for a line of credit. To check the exact APR and fees for a loan, you must enter your state of residence, select the type of funding, and enter the borrowing amount.

Any complaints are resolved in compliance with applicable state laws.

Types Of Loans Americans Can Get From The Lender?

To discover which types of loans are available in your state of residence, you have to select it in the drop-down menu. For example, residents of California can apply for CashNetUsa installment loans and payday loans only. On the other hand, the brand doesn’t operate in Nebraska. So, residents from the state may have to look for alternative lenders.

These are the types of loans the lender offers. Their availability to you may vary.

  • Payday loans
  • Cash advance
  • Online loans
  • Installment loans
  • Line of credit
  • Fast cash

Is CashNetUSA Legit?

Considering that this brand has been around for many years, it’s easy to conclude that CashNetUsa is 100% legitimate. There is a countless number of positive CashNetUsa reviews from satisfied customers who highly appreciated the top support and easy application process. In fact, this lender is among the most popular ones in the US and has incredibly high retention rates.

cashnetusa review legit

In addition to being legit and trustworthy, the company is also 100% safe. Approved by both McAfee and Norton, this is the safest place to get a loan online. So, next time you wonder “is CashNetUsa a scam or unsafe,” just keep all these details in mind.

Pros And Cons Of Borrowing From CashNetUSA

Is it smart to take CashNetUsa loans, though? If you compare the pros against the cons, the first easily overpower the latter.

Here are the main advantages of applying for a loan at this lender:

  • Quick and online application;
  • Immediate decisions;
  • Fast funding, same-day transfers available;
  • Open 24/7;
  • Easy to check eligibility;
  • Exclusive savings program;
  • Prompt customer service;
  • CashNetUsa mobile app;
  • Finance education courses.

There are some drawbacks to note, as well. Even though they don’t apply to all customers, it’s good to go over them:

  • Availability depends on your state;
  • No fixed rates;
  • High interest rate;
  • Requires a checking account.

Loan Application Process Explained

Do you wonder how does CashNetUsa work? Well, the application process of the lender is straightforward and quick. It won’t take you long to complete all the forms and get a response.

How To Apply?

The first step depends on whether you are a new or returning customer. New customers simply click on the “Apply Now” button, and they’re immediately redirected to the application form. Returning borrowers will have to go to CashNetUsa login and access their profile. This actually saves time for them because all their personal data is already in the system.

As for new borrowers, they need to complete three simple steps to complete their application. Below, we have listed all the details these steps require.

  • First name and Last name;
  • Date of birth;
  • Home address;
  • SSN;
  • Phone number and email address;
  • Proof of income;
  • Bank account information;
  • Password.

Also, you will have to enter the type of loan you wish to apply for alongside the borrowing amount. This is where you include a promo code if you have one. Exclusive promo codes often get you better loan terms such as lower APR or a longer repayment period.

What Happens Next?

Once you’re finished with the full site, you should simply wait for an email notification from the lender. Often, approvals arrive the same day, sometimes even instantly. Once approved, you will receive the funds either the same or the following business day. Approvals after Friday 10:30 AM result in receiving the money on the upcoming Monday (unless it’s a holiday).

How To Repay My Loan?

Once you accept the loan (please read all CashNetUsa interest rates, fees, and charges before applying for a loan), you will receive repayment details from the lender. You can make payments via bank transfer or check.

In case you are unable to cover your future payment, make sure to contact the lender no later than two business days before its due date. Missed payments result in an insufficient fund fee of $15.

cashnetusa review final

Who Are CashNetUSA Loans Suitable For?

This lender is the perfect solution for Americans who are facing any kind of financial emergency. The CashNetUsa line of credit is quickly approved, meaning borrowers can get their funds the same day. People with poor credit scores will also find these loans useful. Namely, the lender doesn’t reject or approve applications solely on your score. So, you have a high chance of getting the funding you need from the moneylender.

Students who need to pay for their degree, homeowners who must immediately fix something, and anyone else in urgent need of cash. These are all people who can consider applying for a loan here.

Borrowing From CashNetUSA: Verdict

All in all, there’s no need to wonder is CashNetUsa legit or not. This is a reputable brand that has helped millions of Americans deal with a short-term financial crisis over the years.

Despite having a bit higher interest rates and not being available in all US states, this moneylender is still an excellent option for anyone. The company provides same-day deposits, online application, and fast approvals. Moreover, it also offers educational resources and even a savings program.

If you need an urgent cash infusion to handle a money emergency, apply for a loan from CashNetUsa right now. Just make sure to read the loan terms and check loan availability for your state first.


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    43 thoughts on “CashNetUSA Review: Loan Types, Rates, Terms & More

    1. samm says:

      May I trust them??

      1. Jessica says:

        Sure, but you should read loan terms attentively.

    2. Simon says:

      Thank you for referring me to CashnetUSA. They’ve really helped me out.

      1. Jessica says:

        Thank you too. I’m so happy to hear it!

    3. Jason says:

      Thanks for your review, it’s really hard to choose a good lender. I hope with Cashnet USA everything will be okay!

      1. Jessica says:

        Sure, it will be! Good luck, Jason!

    4. Risha says:

      I’ve dealt with payday loans before, and this review was really helpful. It’s so important to know what you’re getting into, and it’s good to hear that Cashnet USA is legit as a lending agency. Thanks for the info!

      1. Jessica says:

        You’re welcome! Thank you too.

    5. Jared says:

      When I first went to, I couldn’t decide what I was getting into. Is it worth it? How much fine print do I need to read when I’m already in a panic? Information like this article is so good when you don’t know what to do, and don’t wanna do something stupid. It sounds like CashnetUSA is a safe option.

      1. Jessica says:

        Yes, thank you!

    6. Stacy says:

      Not really sure I think payday loans are a great idea if you can find an alternative, but it sounds like these guys are legit. What I’ve learned about borrowing money from anyone- person or institution- is to be sure you can afford to pay them back! The fact that this article covers their typical rates is really helpful.

      1. Jessica says:

        They are legit, that’s true. If you have any questions, feel free to ask us!

    7. Mary says:

      I’m glad that options like this, and reviews about the company, are available to people in a tight spot. I’ve been there before, and I promised myself never to be like my mom, who always expected my grandmother to bail her out. Payday loans are tough, but having an honest CashNet USA review that talks about how they work at least tells me what I would be getting into if I borrowed from them.

      1. Jessica says:

        Thank you, Mary!

    8. Jeremy says:

      When I decided to look for a loan company online, my biggest concern was all the sensitive information I would have to put into the application. It’s really good to hear that Cash Net USA is backed by McAfee, because then I’ll feel safe filling out the application online.

      1. Jessica says:

        Yes, that’s true. Thanks for your thoughts!

    9. Tanya says:

      It seems like the APR for a Cashnetusa loan is pretty high, but I also know that is going to be the case for any sort of loan that’s fairly easy to obtain. I also know from experience that people who need services like these don’t always have the best credit, so 36% is a lot better than it could be!

      1. Jessica says:

        Thanks for sharing your thoughts!

    10. tiffy says:

      I’ve definitely been in a tight spot before, where borrowing money was the only option to keep me afloat. There are so many predatory lenders out there, and when you’re already stressed out, I think that makes it harder to make a wise decision. Looks to me like CashNetusa isn’t a scam after all.

      1. Jessica says:

        Yes, that’s correct. Have a great day, Tiffy!

    11. Candice says:

      Based on this review, it sounds like CashNetUSA loans come in pretty quickly. That’s nice to know if I’m in a pinch. Trying to get to a place where I can avoid borrowing altogether, but it’s good to know that there are some trustworthy lenders out there.

      1. Jessica says:

        That’s true. Thank you, Candice!

    12. James says:

      I think it’s cool that CashNet offers installment loans as BlueTrustLoans does because then you can borrow a bit more. Also good to get a breakdown of how this company works, so I can decide up-front whether I can afford to pay back, before I proceed with the application. Thanks for posting a helpful review!

      1. Jessica says:

        Thank you, James!

    13. Mike says:

      I had a friend use Cash Net USA when her car broke down, and she said they’re not a scam. I’m wary of any company that’s willing to loan money so easily, but reading more about it helped me understand how they work. It’s good to know they’ve got a positive reputation.

      1. Jessica says:

        Thank you, Mike!

    14. Abigai says:

      This is a really in-depth CashNETusa review. I know so many people who have used CashNETUSA for personal and payday loans. While I wouldn’t make a habit of relying on them, they are a fast provider of cash and several other online personal loans. Just make sure to read the fine print and know what you are getting into when taking out any loan.

      1. Jessica says:

        Thanks for sharing your thoughts!

    15. Rachel says:

      I’m really glad to have found a review that’s thorough, because I wasn’t sure whether to trust them. It seems too easy to get into trouble with payday loans, but the amount of information here about how they operate is really helpful in making a good decision.

      1. Jessica says:

        You’re right, thanks!

    16. Ryan says:

      I was thinking about Cashnet loans to help me out of a difficult situation, but had heard mixed things about the experience. Luckily I came across this article for a ton of tips and instructions and a debate on the pros and cons of payday Cashnet loans.

      1. Jessica says:

        Thank you, Ryan!

    17. Tanya says:

      It’s good to hear that getting a legit CashNetUSA loan is an option without getting scammed. So many of these companies have similar names, so it’s hard to know who’s trustworthy and who’s just loosely relying on brand recognition. I didn’t even know there were payday loan companies out there who are accredited!

      1. Jessica says:

        Thank you, Tanya!

    18. Danielle says:

      A friend recommended CashNetUSA as a lending service for my credit card debt, but I was a little skeptical. I looked around on the internet for CashNet reviews and came upon this honest, in-depth page that helped make my decision much easier. Thanks so much for the excellent info!

      1. Jessica says:

        Thank you too, Danielle!

    19. Lorna Banks says:

      I am very grateful that you did this honest Cashnetusa review. I’ve been reluctant to use their services even though several friends recommended them. This article was just what I needed.

      1. Jessica says:

        Happy to hear that, Lorna. Good luck!

    20. Bryan says:

      To everyone who wants to use this company I can vouch for them. They are legit, I’ve used them multiple times. No issues ever. I love that they have a mobile app unlike other old fashioned sites.

      1. Jessica says:

        Thanks for sharing your own expertise, Bryan!

    21. Broke Girl says:

      I’ve been through tons of reviews of loan companies and this is the most useful so far. I found everything about Cashnetusa I wanted to know so thank you for doing this precious work!

      1. Jessica says:

        Thank you kindly!

    22. AKolu says:

      I am satisfied that you simply shared this helpful information with us. Thanks for sharing.

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