Overview of CashUSA
CashUSA specializes in pairing those who need a personal loan for an array of items, including consolidating debt, remodeling a home, taking a vacation, and more, with reputable lenders in their area. Through its network of lenders, CashUSA offers borrowers loans between $500 and $10,000, but the final loan amount may vary based on creditworthiness and the borrower’s location.
Borrowers can repay their loans in 90 days or stretch the payment terms to up to 72 months, on approved credit.
Who Can Get a Loan From CashUSA?
Cash USA welcomes borrowers with all types of credit, though rates and other terms will vary based on their credit score. Borrowers must be at least 18 years old, a U.S. citizen or permanent resident, have a post-tax income of $1,000 per month, a functional email account, a working home and work telephone numbers, and a checking account.
Requesting a Loan From CashUSA
CashUSA developed software that connects borrowers with lenders. Simply log on to CashUSA’s website, enter your personal information, and watch as CashUSA connects you to one of its lenders.
Once CashUSA connects you with a loan, you’ll receive all the details, including the interest rate, which usually ranges from 5.99 to 35.99% depending on the state, the lender, and the applicant’s credit history. You’ll also see all the repayment terms so you can make an educated borrowing decision. If you find favorable terms, you can accept the loan, and the lender will deposit the funds directly into your bank account. If there are no loans that suit your needs, there is no obligation to choose one.
After the loan is funded, the repayment process is just as straightforward. Instead of having to mail a check every month, the lender will automatically withdraw the payment from the account it deposited the loan into.
CashUSA does not loan money itself. Instead, it acts as a connecting service, paring borrowers with menders who meet their needs.