Is CashUSA a Legit Company? A Deep Dive into Reviews and Comparisons

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Hey there, fellow loan seekers! If you’re scrambling to find a quick cash solution, you might have stumbled upon CashUSA.com, a platform that promises to connect you with lenders who specialize in bad credit loans. But before you dive headfirst into an application, let’s take a closer look at CashUSA and see if it’s the real deal or just another online mirage.

CashUSA: Legit or Scam? ️‍♀️

The short answer is: it’s complicated,

CashUSA itself isn’t a direct lender, but rather a loan network that partners with various lenders who offer personal loans to borrowers with less-than-stellar credit. This means that your loan experience will ultimately depend on the specific lender you’re matched with, not CashUSA itself

Here’s the good news:

  • CashUSA has been around for a while: Established in 2004, they’ve built a reputation as a reliable platform for connecting borrowers with potential lenders.
  • They offer a wide range of loan amounts: You can borrow anywhere from $500 to $10,000, depending on your needs and qualifications.
  • The application process is quick and easy: It takes less than five minutes to submit your initial request, and you can receive loan offers within minutes.
  • They work with a diverse network of lenders: This increases your chances of finding a lender who’s willing to work with your credit score.

However, there are also some red flags to consider:

  • Mixed reviews: While some borrowers have had positive experiences with CashUSA, others have reported negative interactions, including high interest rates and hidden fees.
  • Data sharing: CashUSA shares your information with third-party lenders and financial service providers, which can lead to a barrage of unwanted calls and emails.
  • Limited transparency: It’s not always clear which lenders you’ll be connected with or what their specific terms and conditions are.

CashUSA vs. Other Loan Options: A Head-to-Head Showdown

So, how does CashUSA stack up against other loan options available to borrowers with bad credit? Let’s take a look at some popular alternatives:

1. MoneyMutual:

  • Pros: Offers loans up to $5,000, fast funding, simple online application, trusted by millions.
  • Cons: Interest rates can be high, not available in all states.

2. Avant:

  • Pros: Loans up to $35,000, competitive interest rates, low origination fees, 550 minimum credit score required.
  • Cons: Not available in all states, may require a co-signer for larger loans.

3. Upstart:

  • Pros: Loans starting at $1,000, considers factors beyond credit score, checking rates doesn’t impact credit score.
  • Cons: Requires a minimum credit score of 300, not available in all states.

4. Personal loans from banks or credit unions:

  • Pros: Often offer lower interest rates and more favorable terms than online lenders, may offer additional benefits like financial counseling.
  • Cons: May require higher credit scores, longer application process, not as readily available.

The Verdict: Should You Use CashUSA?

Ultimately, the decision of whether or not to use CashUSA depends on your individual circumstances and needs. If you’re in a bind and need fast access to cash, CashUSA could be a viable option. However, it’s crucial to approach with caution and do your research before committing to any loan.

Here are some key takeaways to keep in mind:

  • Read the fine print: Carefully review the terms and conditions of any loan offer before accepting it.
  • Compare your options: Explore other loan options available to you and compare interest rates, fees, and repayment terms.
  • Be aware of hidden costs: Factor in any potential fees or charges that could add to the overall cost of your loan.
  • Borrow responsibly: Only borrow what you can afford to repay, and make sure you have a plan in place to make your payments on time.

Remember, borrowing money is a serious decision. Don’t rush into anything, and make sure you understand the risks involved before taking out a loan.

Additional Resources:

Filter byComplaint StatusAll complaint statusesComplaint AnsweredComplaint ResolvedComplaint UnansweredComplaint TypeAll complaint typesBilling Issues (9)Sales and Advertising Issues (3)Service or Repair Issues (

  • First Complaint 01/31/2024 Type of Complaint: Billing Issues Status: Unanswered The company did not address the disagreement I keep receiving calls from *** claiming that I have defaulted on a payday loan from “CASH WEB ***,” and they are threatening. I have never in my life taken out a personal loan or “payday” loan of any kind. For more than ************************************************************ with “legal action,” I have not held a gainful employment position. Customer response 02/23/2024; Date: Thursday, February 22, 2024 at 1:25 PM; Subject: ID ******** was assigned to your complaint To: *********************************** Good Afternoon, I JUST heard again from ************. Insisting I took out a payday loan in 2018, under my previous name ***************************, (I remarried in May of 2014 they dont seem to have this information although they DO have the last 4 of my SS#). Again although I have not held a job since 2005. I was initially informed today that I could not have any documentation. Then he stated that there would be late fees and that it would take five to twenty-one business days. I informed him that I had never taken out a payday loan from CASH *** or any other kind of personal loan, so they could add anything they wanted. Phone number today ; ************ listed to Block Island. Thank you!!! ***********************************.
  • First Complaint: 12/07/2023; Type of Complaint: Billing Issues; Status: Resolved; The complainant attested that the matter was satisfactorily resolved. A private carrier began making me threats over the phone to serve me with CASHUSA legal documents. Then, a company called United Firm began calling each of us. I was informed that I had been given a loan with the intention of not repaying it. The address I hadn’t lived at in two years and the company listed as my place of employment were both false. I had already moved to another state. Despite my efforts to avoid them, I continue to receive calls informing me that they are coming to serve me at home and at my place of employment. I HAVE NO CLUE WHO THEY ARE. The private carrier phone ************ is using phone company bandwidth, and they won’t reveal names. com. The number that is calling ************. this is ********* dont know how to stop it. Business response12/28/2023: We appreciate the chance to address any questions you may have about CashUSA. com. Since CashUSA is an advertising network, we merely function as marketers in the consumer finance industry. Since CashUSA is neither a lender nor a loan broker, we do not offer credit. However, we do get in touch with clients to pursue unpaid debts. Regretfully, it seems that this is just one more instance of the numerous loan collection frauds that are prevalent in the online consumer finance industry. These con artists frequently defraud gullible customers of their hard-earned money by using the name of a respectable company. To ensure that your information won’t be processed in the future by other networks or buyers, we have taken precautions and deleted all of your information from our system. We have also marked your user information with a fraud flag. Further details about commonly used loan scams can be found at the following link: ************************************* If you have any more questions or concerns, don’t hesitate to contact us at ********************************** / ************Customer response01/03/2024 Better Business Bureau: I have read the business’s response regarding complaint ID ********, and I find that this resolution is satisfactory. Sincerely, *************************.
  • First Complaint: 11/01/2023; Complaint Type: Billing Issues; Status: Resolved; The company resolved the issues raised in the complaint, but the customer either a) rejected the response or b) neglected to inform the BBB of their level of satisfaction. I got a message saying that today, October, I will get legal documents from a private courier. 30, 2023 from an organization that filed, which was identified as Cash USA They have never given me a loan, and I didn’t have an account with the banks they claimed to have. The reference number was D55386B or a similar one, and the loan amount was in the $800s for the years 2010 through 2017. I want my information deleted from their records and this fictitious debt! I have no idea about this, I have never applied to Cash USA, and I have no idea which bank they are referring to! Thank YouBusiness response11/01/2023Thank you for providing us with the chance to address any questions you may have about CashUSA. com. First and foremost, we would like to clarify that CashUSA is neither a lender nor a loan broker. We don’t offer credit, and we definitely don’t pursue delinquent accounts on behalf of any of the participating lenders. Since CashUSA is an advertising network, we merely function as marketers in the consumer finance industry. Regretfully, it seems that this is just one more instance of the numerous loan collection frauds that are prevalent in the online consumer finance industry. These con artists frequently defraud gullible customers of their hard-earned money by using the name of a respectable company. We thoroughly searched every one of our systems, but we were unable to locate any records related to your information. To be safe, we tagged your name. Any calls or emails attempting to collect on unpaid debts on behalf of CASH USA should be ignored. Additional information about the most popular loan scams used by con artists to defraud customers can be found at the following link: *************************************. If you have any more questions or concerns, don’t hesitate to contact us at ********************************** / ************.
  • First Complaint: October 30, 2023; Type of Complaint: Billing Issues; Status: Unanswered; The company did not address the disagreement I wish to remove all of my information. I’m receiving calls regarding a loan that I never applied for or was given.
  • First Complaint: 10/26/2023; Type of Complaint: Billing Issues; Status: Unanswered; The company did not address the disagreement I tried to tell the woman that I never received a loan from CashUSA, but she persisted in talking over my objections. When I called the ***** number again, the phone number was inoperative. I received a call from a ***** number saying that I owed them money for a loan that I had obtained from them. I am not sure of what is going on.
  • First Complaint: 09/29/2023; Type of Complaint: Sales and Advertising Issues; Status: Unanswered; The company did not address the disagreement I completed every field on this website, including my ID number, routing and bank information, and personal SSN. After completing all of this, I was taken to random websites. I want all information from affiliates and marketing to be deleted, including any information that may have been setup in an account. This is deceptive, and neither an actual offer made through the website nor a lender recommendation made at the conclusion of the procedure exists. The sites in question are:topfiveoffers. com and www. my411. com From what many have previously shared online, this site looks to be a data collection scam that gathers information only for affiliates to receive.
  • Original Complaint 09/19/2023 Type of Complaint: Service or Repair Issues Status: Answered The company addressed the concerns raised in the complaint, but the customer either a) rejected the response OR b) neglected to let the BBB know if the issues were resolved. The website was extremely deceptive and withheld certain information until after it had obtained my personal data. I want my application to be immediately reversed and canceled, and I want all of my personal information to be removed completely. This website didn’t even use my personal information to provide me with any direct references to what I was looking for, so it didn’t offer the help it claimed to. Kindly reply right away to confirm that you have deleted all of my information. *************************** Business response 10/14/2023
    We appreciate you allowing us to address any questions you may have about CashUSA. com. We recognize ********************’s concerns about transparency and data security, but fortunately they are unfounded. For nearly 10 years, CashUSA. com has established itself as a trustworthy network in the consumer finance industry, and we have gone above and beyond to guarantee that the services we offer are openly disclosed. To be safe and satisfy all parties involved, the following actions were taken: We have removed **************** from all lists and erased all related user data from our database. If you need any additional help, don’t hesitate to contact us at **********************************.
  • First Complaint 08/25/2023 Type of Complaint: Billing Issues Status: Resolved The company resolved the issues raised in the complaint, but the customer either a) rejected the response OR b) neglected to inform BBB of their satisfaction. I received a call from someone from Cash Web *** stating that I owe $1,700 from a Payday loan. 00?? I was unable to get a word out, and ************ kept talking about me. I was attempting to inform them that I had never taken out a payday loan with them. Uncertain of the source of this, I attempted to contact the phone number on my called ID, but it was unresponsive ************** ***************,** I would prefer not to receive these calls ever again. Business response 09/06/2023: We appreciate the chance to address any questions you may have about CashUSA. com. First and foremost, we would like to clarify that CashUSA is neither a lender nor a loan broker. We don’t offer credit, and we definitely don’t pursue delinquent accounts on behalf of any of the participating lenders. Since CashUSA is an advertising network, we merely function as marketers in the consumer finance industry. Regretfully, it seems that this is just one more instance of the numerous loan collection frauds that are prevalent in the online consumer finance industry. These con artists frequently defraud gullible customers of their hard-earned money by using the name of a respectable company. In order to prevent future processing of your information by other networks or buyers, we have taken precautions and deleted all of your information, marking it with a fraud flag. If you have any more questions or concerns, please do not hesitate to contact us at ********************************** / ************. The following link offers more information regarding loan scams that are commonly used: ******************************************.
  • Initial Complaint: 08/25/2023; Complaint Type: Sales and Advertising Issues; Status: Answered; The company responded to the complaints, but the customers either a) rejected the company’s explanation or b) neglected to inform the Better Business Bureau of their satisfaction. My hacker father ran the ** address and discovered an address of *************************************************************************************** I am receiving calls from this location. Why do they collect and sell people’s personal information if they don’t offer loans? smh. I have a bankruptcy on my record and have never applied for a loan, so please don’t contact me in any way. They call, but they won’t say anything about whether or not I owe money, so But as soon as I ask for their information, they ***, could you kindly delete any of my personal information you have if it’s not a bill, and if it is, then send it something? There is a $1000 fee for contacting me after I file for bankruptcy because all of my creditors have been notified. 00 fine each time. There have been three phone conversations thus far, and today a letter is being delivered. makes 4 contacts after being provided the bankruptcy information. Business response 09/06/2023: We appreciate the chance to address any questions you may have about CashUSA. com. First and foremost, we would like to clarify that CashUSA is neither a lender nor a loan broker. We don’t offer credit, and we definitely don’t pursue delinquent accounts on behalf of any of the participating lenders. Since CashUSA is an advertising network, we merely function as marketers in the consumer finance industry. Regretfully, it seems that this is just one more instance of the numerous loan collection frauds that are prevalent in the online consumer finance industry. These con artists frequently defraud gullible customers of their hard-earned money by using the name of a respectable company. In order to prevent future processing of your information by other networks or buyers, we have taken precautions and deleted all of your information, marking it with a fraud flag. If you have any more questions or concerns, please do not hesitate to contact us at ********************************** / ************. The following link offers more information regarding loan scams that are commonly used: ******************************************.
  • First Complaint 08/01/2023 Type of Complaint: Billing Issues Status: Resolved The complainant confirmed the issue was satisfactorily resolved An unknown caller left me a voicemail telling me to call ************** and provide a reference number. When I asked, they refused to give me the address of their company, but they identified themselves as ******************. They said that on behalf of CashUSA, they have an ongoing legal action against me. I have never taken out a loan from CashUSA, and at the time they claimed the money was deposited, I didn’t have a bank account with **** of America. They withheld additional information from me, and I contested the debt on the grounds that it is not mine. Business response 08/03/2023: We appreciate the chance to address any questions you may have about CashUSA. com. First and foremost, we would like to clarify that CashUSA is neither a lender nor a loan broker. We don’t offer credit, and we definitely don’t pursue delinquent accounts on behalf of any of the participating lenders. Since CashUSA is an advertising network, we merely function as marketers in the consumer finance industry. Regretfully, it appears that this is just another instance of the loan collection frauds that are prevalent in the online consumer finance industry. These con artists frequently defraud gullible customers of their hard-earned money by using the name of a respectable company. In an effort to be safe, we reported the email address and any related information to the Online Lenders Alliance (**************************************************************************************). More details about commonly used loan scams can be found at the following link: ************************************* Please do not hesitate to contact us at cashusa with any additional questions or concerns. com/contact-us/Customer response08/04/2023 Better Business Bureau: After reviewing the company’s response to complaint ID ********, I am satisfied with the resolution. Sincerely, ***************************.

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Cashnetusa Payday Loan Reviews | is Cashnetusa a Legitimate Loan Company | Online Payday Loans

FAQ

Is CashUSA safe to use?

CashUSA is not a loan scam — it’s a loan network that helps connect borrowers who struggle to find a loan elsewhere. Its multiple lenders specialize in installment loans, emergency loans, or short-term loan options for bad credit borrowers.

Does CashUSA run your credit?

Loans range from $100 to $10,000, and can be used for many purposes. Interest rates range from 5.99% to 35.99%, and loan terms can extend from 90 days to 72 months. CashUSA stands out as a leading platform for no credit check loans, primarily due to its extensive network of lenders and flexible loan options*.

Does CashNetUSA approve everyone?

CashNetUSA doesn’t offer bad credit loans, but we do offer installment loans and personal lines of credit to borrowers with less-than-perfect credit. Receive a lump-sum payment up front. Repay over time in installments with no prepayment penalties.

Is it hard to get a loan with CashNetUSA?

While we can’t offer credit to everyone, our process often allows us to provide emergency funding to borrowers with less-than-perfect credit who might be declined by more traditional lenders.

Is cashusa a good company?

CashUSA gives borrowers the opportunity to apply for loans ranging from $500 up to $10,000. On the flip side, Trust Pilot’s Cash USA review gives the company a 2.5 rating, which equates to “Poor” on their scale. In 5 user reviews, all the complaints focus on how the company shares personal information.

Is cashusa a legit website?

CashUSA is a legitimate platform that can help you find a personal loan. The website partners with a network of reputable direct lenders who offer installment loans with competitive rates and terms. CashUSA also employs advanced security measures to protect your personal and financial information when you submit your loan request.

How much money can you get from cashusa?

Through its network of lenders, CashUSA offers borrowers loans between $500 and $10,000. The maximum loan amount available to a borrower will depend on their creditworthiness. However, according to CashUSA’s website, consumers with low credit scores will unlikely receive a loan greater than $1,000.

What is a cashusa loan?

CashUSA is an online loan broker that connects borrowers with suitable lenders. Through its network of lenders, CashUSA offers borrowers loans between $500 and $10,000. The maximum loan amount available to a borrower will depend on their creditworthiness.

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