Loan apps

CashNetUSA Personal Loans: 2022 Review

CashNetUSA is an American personal loan company that offers different types of loans including installment loans and payday loan service for emergency use.

This lender offers loans of up to $3,500 with competitive interest rates and quick approvals that can get the money in your account in as little as 5 hours. Depending on the size and length of your loan, you might be on the hook for up to 299% – 360% APR. This means paying back $3 back for every $1 loaned to you.

Please do not take a CashNetUSA loan to fund your lifestyle or service long-term debts. Short-term loans are helpful in emergencies but can be quite expensive when compared to long-term loans and should be used with care.

Pros and cons of CashNetUSA payday loans

CashNetUSA has a few benefits and drawbacks that are worth considering before you apply for a loan.


  • Quick funding: You can get same-day approval for a CashNetUSA loan, and the lender may deposit money into your account within 10 to 24 hours.
  • It is a good option for people who don’t have the best credit. People who cant get a loan from reputable banks.
  •  The customer service is outstanding and very fast! They respond quickly with simple solutions.
  • Does not require strong credit score.


  • High interest rate: Some customers end up paying high interest rates up to 299% – 360% APR.
  • interest rate is up front.
  • Available in only 29 states in America

How to apply for a CashNetUSA loan

To apply for a CashNetUSA loan, you must be an American citizen or reside permanently in the US with a check in account. You can apply online by filling out some of your basic details and banking information or simply download the app to get started.

What borrowers are saying about CashNetUSA

CashNetUSA offers high interest loans, but borrowers have overwhelmingly positive experiences with the lender. Reviewers mentioned the easy application process and professionalism of the lender’s customer care service throughout the borrowing process.

Jon Flippin wrote, “Cash net is fast, easy and simple. You can’t really complain about interest rates with this type of lending. While the interest rate is ridiculously high, their method of calculation does make it easier to know far in the whole you are but you do in fact make progress on the principle and eventually you can pay it off. I do recommend CashNetUSA if you have to use this type of lender. It’s who I use when I’m in a pinch and need a quick fix with no hassle and do it All from your phone.”

Walter Caldwell wrote,” interest rate is way to high for a pay day loan. In for the amount of money is loaned out. You would think it would be a monthly payment instead of a aggressive payment plan from ever paycheck. And as well you would think this company is helping you get out a struggling situation. But they put you right back in the loop of still struggling to make ends meet. Sad but true.”

Veronica Hollingsworth wrote, “CashNet USA is great! If i need a little extra they have always been there to help me out. I’ve never been denied. The application process is quick, and easy. Get approved right there on the spot. Thanks CashNet!!”

The company’s mostly positive reviews for customer service will be appealing to borrowers who may feel that they are in a financial situation where few others are willing to help.

However, borrowers should still try to compare interest rates, and get the best rates and terms on any loan.


A writer! Columnist and an academic researcher
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