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CashNetUSA Review


4.7 rating

Foundation Year

Office Address
175 W. Jackson Blvd., Suite 1000 | Chicago, IL 60604

Phone number



  • Offers various short-term loans
  • Secure website
  • Established and legitimate company
  • Easy and transparent loan process
  • Instant loan decisions
  • Fast direct deposit into your bank account
  • Free online financial education courses
  • Live chat customer service
  • High Trustpilot score
  • Straight-forward pricing and rates
  • Bad credit is ok
  • Easy withdrawal repayment option


  • Interest rates and fees are high
  • Cannot take out concurrent loans
  • Not available in every state
  • Not currently accredited with the BBB


CashNetUSA is one of the biggest lenders that provide payday loans and other credit options. The company has a firm position in the lending industry and has already serviced more than 3 million customers. The lender was founded in 2004, which makes it one of the oldest payday loan lenders in the USA. It offers a fast, easy and transparent application process, instant approvals and same day deposit of funds into your bank account. The lender is headquartered in Nevada, but it services consumers in multiple states.

What loans does CashNetUSA offer?

The lender offers traditional payday loans in amounts up to $500 with repayment terms ranging from 1 to 4 weeks. Loan terms and amounts vary based on your state.

In addition, they also offer installment loans and flexible lines of credit in some states. Installment loans are longer-term loans that are designed for more significant expenses. Loan amounts vary by state but usually range between $300 and $3,500. Unlike payday loans, installment loans can be repaid in various scheduled payments over several months.

What terms and rates does CashNetUSA offer?

Interest rates vary based on your loan amount, term and state requirements. For example, if you live in Nevada, APR for a 35-day payday loan is 260.71%, and APR for an eight-day loan is 1140.63%. In Texas, APR for a 14-days loan is about 664%.

Each state has its own fees, so we recommend that you check the lender’s website to see precise rates and terms for your state. Review your loan agreement carefully and ask the lender about additional fees.

How to apply for a loan from CashNetUSA?

The application process is very easy, fast and straightforward. You will be notified as to whether or not you are eligible for a loan within a couple of minutes. You only need to provide basic personal details such as your name, date of birth, address, phone number and contact preferences.

If the lender approves your application before 10:30 a.m. CT Monday through Friday, the funds will be deposited into your bank account before the end of the day. If your application is approved after 10:30 a.m. CT Monday through Friday, you will receive your funds the next business day. If you submit your application on weekend, you receive your funds the following Monday.

How do I qualify for a loan?

In order to apply for a CashNetUSA loan, you must a checking account in your name, be employed for at least a month, be a U.S. citizen or permanent resident and be 18 years of age or more. The advantage is that you are not required to have good credit or any credit at all.

Can I pay a loan back earlier?

Yes. The lender charges on penalties for early loan repayment, and you may also qualify for a loan extension, depending on your location. Extensions may come with an additional fee and you must request for this option at least 2 business days before the due date.

Can I take a loan if my credit score is low?

CashNetUSA will run a soft credit score check on your application to make sure that you are able to repay your loan. However, if you have bad credit, you can still be approved for a payday loan or a line of credit. Keep in mind that consumers with low credit scores may be eligible for lower loan amounts and shorter terms.

How to pay a loan back?

Payday loans are typically repaid in a lump sum on the day specified in the loan agreement (a loan term is usually 1 to 4 weeks). Paying in full is the best option because it means less spent in fees and interest. You can also make partial payments on the payday loan. This reduces the total loan fees and principal over time but results in a larger total repayment as interest accumulates. If you feel you are not able to pay your loan back on the due date, you may request for a loan extension. However, a loan extension incurs additional costs. So you should only use this option as a last resort.

The good news is that you can opt for Automated Clearing House (ACH) payment – an electronic payment that pulls funds directly from your checking account. With its help, you will not miss the date when repayment is due.

Does CashNetUSA have a mobile app?

Yes. The lender has designed a mobile app for Android and iOS so that you can manage your payday loan, installment loan or line of credit with maximum convenience. It is a great option with a comfort from your own home. The mobile app allows you to make a payment, review your payment schedule, check your remaining balance as you repay your loan, request an extension, apply for a new loan, access the lender’s benefits like discount offers, coupons and free financial courses.

What states does CashNetUSA service?

CashNetUSA only operates in the following states: Alabama, Alaska, California, Delaware, Florida, Hawaii, Idaho, Illinois, Kansas, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Mexico, North Dakota, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming.


CashNetUSA is a well-established brand – since its start in 2004, they have serviced more than 3 million people. It can boast of a very quick application process, instant approval, same-day delivery of funds, and also free online resources to help users manage finances. Rates and fees are rather high, but if you need a payday loan right now and are looking for a quick and easy, then this company is a great choice for you.


5.0 rating

I love this website for their fast online application. No problem, no delays. Always get the money as quickly as promised. Highly recommended service. I have been a regular customer for 2 years. I will recommend this company to all my friends and neighbors! I only needed some assistance with paying my medical bills and these guys helped me. I appreciate this.

Michelle Andrews
5.0 rating

Very easy to apply by phone. Great service. The manager I spoke with was knowledgeable and very helpful. All terms and rates were explained. Great experience. I would recommend this lender to friends.

Christopher Bennett
5.0 rating

I was pleased with the convenience and speed of this service. No hassles! I would recommend to my friends. I needed cash right away and everything went smoothly. Had the funds in my account the same day in the evening.

Carolyn Tucker
5.0 rating

Easy process to complete. Fast response. I was impressed with how they do their business. Will recommend to friends and family. It literally saved my life.

Vincent Hayes
5.0 rating

Regular customer. Very happy. Great customer service and helpful people. They answered all my questions. Would recommend to friends.

Betty Plank

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