CashUSA Review

What is CashUSA?

CashUSA is an online lending marketplace. That means they’re not the ones giving you the money — instead, they connect borrowers with a network of lenders who offer personal loans. You fill out one simple form, and CashUSA shops your request around to see which lenders want to work with you.

CashUSA offers loans between $500 and $10,000, and repayment periods range from 90 days up to 72 months (6 years!). It’s not just for payday loans — this platform is focused on longer-term personal loans. If you’ve had trouble getting approved elsewhere because of credit issues, CashUSA claims they work with lenders who consider all types of credit backgrounds.

How Does CashUSA Work?

Here’s a simple breakdown of how CashUSA works:

1. Online Application
   Fill out a form on the CashUSA website with your basic info: name, contact details, employment, income, and bank info. It takes about 5 minutes.
   
2. Lender Match
   CashUSA shares your info with its network of lenders. If you’re matched, you’ll get offers — sometimes within minutes.
   
3. Loan Offer Review
   You review the loan terms — including the APR (Annual Percentage Rate), fees, repayment length, and total cost.
   
4. Accept the Offer
   If you agree to the terms, you sign electronically. From there, the lender takes over.
5. Get Your Money
   Funds can be deposited directly into your bank account, sometimes as fast as the next business day.

Who Can Use CashUSA?

You don’t need perfect credit to use CashUSA. In fact, that’s one of their biggest selling points. Their lenders consider applications from folks with fair, poor, or even bad credit.

To qualify, you must:

• Be at least 18 years old
• Be a U.S. citizen or permanent resident
• Have a monthly income of at least $1,000 after taxes
• Have an active checking account
• Have a working phone number and email address

Loan Terms and Interest Rates

CashUSA doesn’t set your loan terms — the lender does. But based on reviews and research, here’s what you can expect:

• Loan amounts: $500 to $10,000
• Repayment terms: 90 days to 72 months
• Interest rates: 5.99% to 35.99% APR

That’s a wide range, so your actual rate will depend on your credit score, income, and the lender you match with.

For example, if you have a good credit score (above 700), you could be looking at a rate of around 5.99% to 10% APR. But if your credit is less than stellar, expect rates closer to 20% or higher. This wide range means CashUSA isn’t the cheapest option, but it could work if other lenders have turned you down.

Pros of CashUSA

• Easy and Fast Application – The online form takes just a few minutes.
• All Credit Types Welcome – They work with a wide range of credit profiles.
• Large Loan Amounts – Some lenders offer up to $10,000.
• Longer Repayment Terms – Up to 6 years makes it easier to manage payments.
• Free to Use – No fees to apply or get matched with lenders.✅ Educational Resources – They have financial education tools to help you learn about budgeting, debt, and credit.

Cons of CashUSA

• Not a Direct Lender – You’re not borrowing from CashUSA itself.
• APR Can Be High – Some lenders charge rates up to 35.99%.
• Loan Terms Vary Widely – There’s no guarantee you’ll get the best offer.
• Possible Marketing Emails – You might get emails or calls from lenders even after you borrow.

Real Customer Feedback

Let’s take a quick look at what real people are saying about CashUSA:

“I had bad credit and needed $2,000 to cover rent and bills. I applied with CashUSA, and I got matched with a lender in minutes. The money was in my account the next day.” – Jill, TX

“The APR was higher than I wanted, but I was in a bind. The process was smooth, and I had no issues with repayment.” – Marcus, OH

“It’s not a magic solution, but if you need cash fast and don’t have time to shop around, it works.” – Lisa, NV

These real customer stories show that CashUSA can be a lifeline for those in urgent need of money. But keep in mind that high APRs can be a risk, especially for those with poor credit scores.

Statistics About Personal Loans in the U.S.

Here are a few loan-related facts to give you context:

📊 Chart: Average Personal Loan APRs by Credit Score (2024)

Credit Score Range	Average APR
Excellent (750 and above)	5.99% – 10.99%
Good (700 – 749)	8.99% – 14.99%
Fair (650 – 699)	14.99% – 24.99%
Poor (600 – 649)	20.00% – 35.99%

Source: LendingTree, Experian 2024 data

CashUSA vs. Other Lenders

Here’s how CashUSA compares to some other popular platforms:

 Comparison Chart: CashUSA vs. Alternatives

Feature	CashUSA	Ready Payday Loans	MoneyMutual	Tidal Lending
Loan Type	Personal Loans	Payday & Personal	Payday & Installment	Personal Loans
Loan Amount	$500 – $10,000	$100 – $5,000	$100 – $5,000	$300 – $3,000
Repayment Term	90 days – 72 months	2 weeks – 12 months	2 weeks – 24 months	3 – 24 months
APR	5.99% – 35.99%	Competitive, Varies	Up to 625% (payday)	Varies
Credit Type Accepted	All types	All types	All types	All types
Direct Lender	No	Yes	No	No