CashNetUSA Review

Big APR, Easy Process

Loan Details

Loan Amount: $300 - $2400
APR: ~466% (Texas)
Length: 6 months
Reports Credit: No
Early Repayment Fees: None
Late Fees: $7.50+
Bounce Fee: $30
Apply Time: 2 hours

Our Review

Customer Service:

Credit Reporting:

Company Reputation:

Fees & Interest:

CashNetUSA is a viable option for a long term installment loan with no credit check. It has a helpful support section and good customer service.

However, CashNet requires you to fax in your documents even though they make it seem like you can complete the whole application online. Also, the interest rate is still well above 400% which means a $600 loan will end up costing you $1450.99 IF you pay everything on time.

What We Like

  • Financial Education Courses
  • Quick Customer Service
Note: CashNetUSA offers both Payday and Installment Loans, so be sure to compare what fits into your budget best. If your credit score is higher than 580, you might be in luck by checking out other online lenders that can offer you bad credit personal loans not payday loans.

What We Don't Like

CashNetUSA makes you FAX IN documents to verify your income. That can be very burdensome, especially if you're in a last minute emergency.

The length of the loans is longer, but that gives more time for interest to accrue. Be prepared to pay back more than twice what you took out.

How to Apply

Just go to their website. Be sure to read all the fine print!