When used wisely, personal loans can be a useful way to get money. But when you borrow money, you should make sure you’re dealing with a real lender. Today, we’re going to look at CashUSA in detail to help you decide if it’s a real lending site you can trust.
Overview of CashUSA
CashUSA is an online market that matches people who need personal loans with lenders who can give them money. It is not a direct lender itself. People who want to borrow money from the company fill out a loan request form with basic information about themselves and their finances. It is then sent to their network of lenders so that they can try to find a good loan offer for the borrower.
It is said that CashUSA works with state and tribal lenders who offer installment loans of $500 to $10,000. It’s possible to pay back the loans over 90 days to 72 months (6 years). The interest rates promoted range from 5. 99% to 35. 99% APR.
The business has been around since at least 2015 and is based in Las Vegas, Nevada.
How CashUSA Works
Using CashUSA is a fairly simple process from the borrower’s perspective
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Visit their website and fill out the online loan request form. This asks for basic personal details like name, contact info, income, employment etc.
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CashUSA matches your information with potential lenders in their network. If any matches are found, you’ll be presented with loan details like rate, fees, and repayment terms.
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If you see a suitable offer, you can continue on to finalize the loan directly with the matched lender. This may require submitting additional verification documents.
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Once approved, the lender deposits the loan funds directly into your bank account, usually within one business day. Repayments are made to the lender according to the agreed schedule.
CashUSA makes money by charging the lenders in their network an origination fee for each funded loan generated through their platform.
Pros of Using CashUSA
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Quick and easy pre-qualification process. Just one online form to submit.
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Access to lenders you may not find on your own. Chance to compare multiple offers.
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Fast funding. Many borrowers report getting funds as soon as the next business day.
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Flexible loan amounts offered, from $500 up to $10,000.
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Multiple repayment term lengths available, from 3 months up to 6 years.
Cons and Controversies
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Not a direct lender. CashUSA acts only as a middleman, so can’t control funding speed/reliability.
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Very high interest rates for borrowers with bad credit. Can exceed 35% APR.
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Numerous complaints about aggressive marketing after submitting info. Email spam and calls.
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CashUSA freely admits to sharing your data with third party marketers and lead generators.
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CashUSA is not accredited by the Better Business Bureau (BBB).
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The company has a very poor 1.8 out of 5 star rating on Trustpilot based on 15 reviews. Most complaints relate to unethical business practices and data sharing.
Transparency and Trust Issues
One of the biggest concerns potential borrowers have about CashUSA is whether or not they can trust the company. There are a few transparency and trust issues to keep in mind:
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CashUSA is upfront about selling your data. This allows them to send your information to various lead generation sites. As a result, many previous applicants report getting bombarded with spam calls and emails after submitting their application.
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They are not accredited by the Better Business Bureau and have a terrible rating profile on Trustpilot. There are many recent complaints about unethical business practices.
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CashUSA itself does not lend money. They are just a middleman. So reliability depends on the actual lender they match you with, many of which are tribal lenders not subject to state laws.
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Interest rates promoted on their site are unrealistic. Quoted 5.99% – 35.99% APR range is misleading. In reality, borrowers with bad credit should expect rates exceeding 35%.
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Loan contracts are between borrower and lender only. CashUSA bears no responsibility for resolving issues.
What Borrowers Are Saying
To get an idea of real customer experiences, we can look at CashUSA reviews on Trustpilot and other consumer sites. Here is a sampling of recent comments:
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“Total scam. Just put in info and got spammed like crazy. Nothing came of my application except endless scam emails.”
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“They scammed me out of money I had to borrow from my dying grandmother! Then wouldn’t answer my calls.”
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“Way too many spam emails and fake calls. Shut this down!”
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“I was scammed by CashUSA. Never answered my calls when verifying receipts for the loan process. Don’t use them.”
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“Looks to be a data collector in order to sell your information. They’re not trying to hide that but beware entering personal info.”
As you can see, many applicants feel CashUSA operates unethically by spamming their information and being non-responsive to issues.
Should You Use CashUSA?
Given the many concerns around trust, transparency, and ethical practices, we recommend you think twice before using CashUSA. There are better personal loan options, including:
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Local banks and credit unions – May offer better rates and service for borrowers they have a relationship with.
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Peer to peer lending sites like Prosper and LendingClub – More transparency and control.
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Reputable online lenders like Lightstream and SoFi – Direct lending from known, trusted brands.
However, if you do decide CashUSA is still worth trying, be very cautious. Read all loan details carefully, research the actual lender thoroughly, and borrow only what you can afford to repay. Don’t expect advertised rates below 10% APR given a poor credit history.
The Bottom Line
CashUSA provides a quick way to pre-qualify and compare loan offers from multiple lenders. But serious concerns around data selling, spam complaints, and trust issues make us unable to recommend them. There are safer and more transparent loan options for those with bad credit. As with any major financial decision, make sure you do your research and understand exactly what you’re getting into before moving forward.
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HORRIBLE- THEY JUST SEND UNSOLICATED EMAILS BUT THEY NEVER PROVIDE ANY HELP LIKE THEY CLAIM
Date of experience : March 23, 2025
CASH USA IS SENDING 2-3 UNSOLICITED EMAILS DAILY. IVE REPEATEDLY ASKED THEM TO STOP WITHOUT SUCCESS. THEIR EMAILS ARE NOW BORDERLINE HARRASSMENT.
Date of experience : November 30, 2024
THIS IS A TOTAL SCAM I JUST GOT SCAMMED ON 10/09/24
Date of experience : October 09, 2024
I filled out all of the loan information, including my social security number, bank and calling numbers, and waited until the system told me to call their agent. There is no agent to call. Seems like a scam or fraud. What a waste of time.
Date of experience : April 25, 2024
I agree completely scammers. All fake. Plus they always say we need this abd that and if you do return money they cancel checks on you and make your account low balnced. They are reported to my local FBI and to BBB. Whether using fake or real numbers or a burner phone number still all reported to all who needs to know this.
Date of experience : February 06, 2024
They scammed me outta money I had to borrow from my dying grandmother!!! Then wouldnt answer my calls. Its a total scam the govt should do something about these people. They hurt Americans trying to survive!!!.
Date of experience : January 22, 2024
This is a scam do not believe the caller its a huge screwjob!!!
Date of experience : January 18, 2024
Please be aware that there is a scam with CASH USA. Key points to look for are the ( helpcashusa with gmail telephone # is 702-776-9526 and 702-723-4677 my offer was for $4000. 00 APR at 10. 25% $149. 85 for 36 months. I was told that I had to get Credit Insurance and the amount was $200. 00 paid only by a pre-paid gift card from Amex.
Date of experience : January 17, 2024
For some reason, I got an email with a “card released” message even though I have never applied or looked at the website. I’m from the UK.
Date of experience : January 16, 2024
I was scammed by CashUsa 12/22/2023. Never answered my calls when verifying for receipts for the process.Dont use this payday loan. Im highly insulted and embarrassed that I became a victim to this scam.
Date of experience : December 22, 2023
way to many spams and fake calls with this shut it down !!!
Date of experience : October 12, 2021
SCAM. they are fraud
Date of experience : July 10, 2021
This is a scam. You put in all your personal information and then you get spammed like crazy. Nothing came of my application except endless scam emails.
Date of experience : May 02, 2021
Looks to be a data collector in order to sell the info. Theyre not trying to hide that but beware if youre entering personal information.
Date of experience : February 08, 2021
Seriously what a joke! I have reported several unsolicited emails to the website only to have them reply “they cant find my email address in their database” LOL this is not rocket science and I cant stand it when people deceive you! Why on Earth would anybody do business of the company the cant be honest? spammers dont just get out and start sending mass emails for the fun of it…. they do it because they get paid to do it. This means they have an affiliate program that someone belongs to and they are illegally sending out spam. We would all be much better off if we would NOT support any business that sends out unsolicited emails!
Date of experience : January 29, 2020
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CashUSA review for personal loans for people with bad credit scores
FAQ
Is cashusa a legit website?
CashUSA is a legitimate platform that can help you find a personal loan. The website works with a group of trustworthy direct lenders who offer installment loans with fair terms and rates. CashUSA also employs advanced security measures to protect your personal and financial information when you submit your loan request.
Is cashusa a good company?
While CashUSA currently holds a Better Business Bureau (BBB) rating of F, it has relatively few complaints on the platform. Positive reviews for CashUSA can also be found on other review websites. Get started with CashUSAon CashUSA’s secure website Frequently Asked Questions Is CashUSA legit?.
Is cashusa secure?
The answer is yes. CashUSA. com provides a state-of-the-art and secure platform for transmitting your loan request to its network of direct lenders. The website employs industry-standard encryption and security protocols to safeguard your personal and financial information.
Is cashusa a good online lender?
Consumer reviews are mixed on CashUSA. com as an online lending network, but most agree on one thing — the network provides poor credit borrowers with easy access to personal loans. The application process is fast, easy to understand, and can yield multiple loan offers in a matter of minutes.
Does cashusa pay a fee?
You’ll never pay to use CashUSA. com. Instead, each lender pays a referral fee to the network for every closed loan. As stated in its website disclosure, CashUSA. com may also profit from sharing your contact and application information with third-party lenders and financial service providers.
Does cashusa sell your personal information?
CashUSA is one of many websites that offer an easy way to “shop” for loans by providing your application information once and submitting it to several different lenders. CashUSA does the job, but sells your personal information in the process. To their credit, they are very clear about this fact on their homepage, where they say:
How do you know if a loan company is scamming you?
Scam lenders will avoid posting their fees prominently on their website or disclosing them when asked. They may also tell you that you’ve been approved for a loan and then demand a fee from you. Hidden fees that are imposed after loan approval are a red flag.
How long does it take to get your money from CashNetUSA?
Monday through Friday: If your application is approved by 1:30 p. m. CT Monday – Friday, you will generally receive your funds by end of that day. If your application is approved after 1:30 p. m. CT, you will generally receive your funds from the lender by the next business day.
Does CashNetUSA approve everyone?
No, CashNetUSA does not approve everyone who applies. While they offer loans to individuals with less-than-perfect credit, they still have specific eligibility requirements.
What is the minimum credit score for CashNetUSA?
What credit score does CashNetUSA require for loan approval? CashNetUSA doesn’t have a minimum credit score, but you must meet the following requirements in order to be eligible to apply.