CashNetUsa is a subsidiary company of Enova International, a publicly traded global financial lender. It is an online-only lender that provides short-term loans to individuals in the US and other countries.

These are the temporary bridging-the-gap type of financing instruments for emergency needs and unforeseen circumstances. Typically, they involve small amounts and shorter borrowing tenures.

CashNetUsa Personal Loan Reviews


CashNetUsa operates through its website It has a 100% e-commerce business model where the end-to-end processing of loans is done virtually. According to a CashNetUsa review carried out by a reputed dotcom company, has processed over 2 million loans in 30 states of the United States as of July 10, 2018. With tax cuts and a better business environment, these numbers could easily improve.

Since the company is an online service provider, becoming a CashNetUsa approved borrower takes only a few minutes.

The entire procedure of loan application, processing, and approval is completed within a few minutes. And the funds are transferred to the borrower’s account within twenty-four hours. This speed and efficiency of CashNetUsa have been a played a major role in its success.

Considering the company’s borrower profile which is largely based on emergency needs, the policy of “sooner the better” works well in favor of CashNetUsa. What’s more, the company is sympathetic to borrowers with a low credit score, and it also considers lending to individuals who have been refused a loan from other lenders.

A combination of these features makes a handy online resource for people in dire need of emergency funds. It involves no travel, no physical interviews and questioning, and no waste of time in lengthy paperwork.

All one has to do is access the company through CashNetUsa login from anywhere, apply for the loan, and get approved within minutes. The process is extremely helpful for individuals who are unable to travel due to various reasons.

For example, a person who has a family member in critical care may not have the travel time for a physical loan application. Similarly, the elderly or differently abled persons can also avoid the physical interface of the loan process.

Loan application and approval within 5 minutes

That’s how fast works! Usually, the applicant just needs to provide their full name, address proof, phone number, email address, date of birth, social security number, and work occupation details. The company’s fully automated backend loan processing procedure will evaluate the details and come up with a decision within 5 minutes.

The same will be conveyed to the applicant through an email, and if the loan is approved, they can have funds in their account within 24 hours. A critical aspect to remember while applying for a loan at is that you need to be a US citizen or a permanent resident to be eligible.

Different types of loans provided by CashNetUsa

The company provides three types of short-term loans to individuals. These are:

Payday loans

Payday loans are short-term unsecured advances offered to borrowers mostly by private lenders and merchants. In most cases, the tenure of payday loans expires in 30 days, which effectively means that the loan is obtained to tide over an emergency need or an unpredicted situation.

The repayment of capital amount and interest of such loans have to be completed by the next payday from the date of borrowing. In some cases, the borrower gets the roll-over facility at an additional fee. The loan amounts are relatively small – in the range of $100 to $2,000.

CashNetUsa offers payday loans in the states of: Alabama, Alaska, California, Florida, Hawaii, Louisiana, Maine, Michigan, Minnesota, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, Texas, Washington, and Wyoming.

Over the years, CashNetUsa login has become a convenient ‘click-and-access’ option for loan seekers. This is due to its features:

  • Quick remote access and rapid processing.
  • No restriction on the use of funds – one can use it for any purpose they want to.
  • No collateral needed – Payday loans are unsecured lendings, hence CashNetUsa does not ask for collateral on these loans.
  • Available to even individuals with poor credit score. This sympathetic outlook of the company is a blessing for the unfortunate ones who have not fared well financially or who have made some bad decisions but are ready for a second or third start and so on.

Installment loans

These loans are a larger version of payday loans. One can borrow greater amounts under this category, and the repayment schedule is also longer than the payday model. It can vary from a few months to a few years. The repayment is done in monthly, or in some cases, bi-monthly installments, and that is how the loan derives its name.

These loans cater to the planned financial requirements as opposed to the unplanned nature of payday borrowing. They are usually obtained as consumer loans and are utilized for a variety of personal, domestic or special occasion needs such as shopping for a wedding, purchase of white goods, or even house renovation. 

CashNetUsa caters to installment lending to individuals with potential repayment capacity. It offers its services in California, Delaware, Illinois, Mississippi, Missouri, New Mexico, Ohio, South Carolina, Texas, and Wisconsin.

Line of credit

This is the most expansive category of lending serviced by CashNetUsa.

Borrowing through a line of credit is characterized by the flexibility of borrowing and repaying. Under this loan concept, the lending institution, which is usually a bank or a private lender, establishes a maximum amount that a borrower can avail from his loan account.

This amount is determined by various criteria such as the borrower’s credit score, his average monthly income, his line of occupation, his history of borrowing and repayment, and more.

The borrower can conveniently avail the needed amount as per their need, just like an individual withdrawing money from their saving account. The interest is charged only on the borrowed amount and not on the entire amount sanctioned under their credit line.

The repayment is also flexible – the borrower can decide their tenure and amount of installment depending upon their projected financial standing. In stressed times, they can pay just the minimum amount determined by the lender.

The line of credit loans are the most favored instruments of borrowing because of the flexibility and ease of operation that they offer. They are ideal for individuals who possess planned and disciplined borrowing habits.

For residents of Alabama, Idaho, Kansas, Tennessee, Utah, and Virginia with a decent credit score, it is easily available by accessing the CashNetUsa login. The company has a very consumer-friendly approach toward this category of loans. Its customer support personnel attend to the line of credit requests promptly and efficiently.

All types of lending offered by CashNetUsa varies from state to state. For example, the maximum borrowing under payday loan in Alabama is $500, while the same in Nevada is $1,500. Likewise, in Ohio, the maximum installment loan amount is $2,400, but in Mississippi, it is $1,000. Loan applicants can check available loan amounts in their state through CashNetUsa login.

Scamming on the name of CashNetUSA

In the past few years, there has been hundreds of dishonest and mal-intentioned elements who are misusing the CashNetUsa name for scamming. They follow a very convincing way of communicating with the targeted individuals by telling them that they are calling on behalf of CashNetUsa and offer convenient and easy loans.

A scamming survey found out that some of these bold elements even say that the individual is CashNetUsa approved for a loan. Once the person falls for the trap, they are asked to deposit money in a prepaid card – it may be a Green Dot MoneyPak or a Vanilla card, or any other such instrument.

If the individual does this, requests for more money follow, under the pretext of loan processing fee, service charge, or other such false claims. In another method of scamming, the callers resort to threats, intimidation and physical harm, saying that the individual has failed to repay a CashNetUsa loan.

They even use the fear of legal action and police action if the person does not ‘pay up.’ Common law-abiding citizens who fear to be on the wrong side of the law, often fall prey to such ‘convincing’ language and tonality of the caller and deposit the money asked for.

However, people are cautioned that CashNetUsa is a leading professional money lending company in the United States.

It has a very strict and stringent customer service protocol and never adheres to the type of language, threats, and intimidation that the scammers use. To begin with, the company has enough business on its hands and does not need to solicit more of it through cold calls.

That is not the CashNetUsa way of promoting itself. It has a fairly organic growth pattern and does not engage in aggressive marketing methods. Hence, an alleged call from a ‘CashNetUsa representative’ is the most obvious sign of a scam call. It immediately exposes the caller’s mal-intentions.

In case any individual receives such scam calls, they should immediately report it to the Federal Trade Commission (FTC) or any other competent law enforcing agency, or to CashNetUsa. It is a shame white collar criminals such as this are not punished more severely.

Fact vs. fiction

While undertaking this review, it was found that there are scores of complaints and grievances against CashNetUsa for reasons such as overcharging, excessive interest, not being transparent in its disclosures about interest to be paid at the time of approving a loan, being harsh while reporting default in loan repayment, and more.

Although there are complaints against the company in all the three loan categories that it caters so, it was observed that the dissatisfaction is more prevalent in the payday loan category. On studying various such cases, it was found that CashNetUsa has a very well charted code of conduct.

It follows industry-leading practices for its entire loan processing lifecycle. It never goes off-track from this well-charted business process. In addition, the company’s staff and executives responsible for handling loan applications are thoroughly trained in the craft of customer care.

They are professional, knowledgeable and experienced people who are sympathetic towards people in need of short-term borrowing. Moreover, the senior management is always watchful about the conduct of their employees and comes down heavily upon unprofessional behavior.

We must opine that the loan processing procedure and business process of CashNetUsa is one of the best in the country. It is marked by professionalism, respect, and regard for the borrower, and ethical conduct has been exhibited. Had it been otherwise, CashNetUsa would not have achieved the success and scale of business that it has over the years.

In a fair assessment, it is found that often, in a rush to procure emergency funds, the customer either overestimates their requirement, misjudges their capacity to repay the loan, or does not pay due attention to the terms and conditions and repayment table displayed to them while applying for the loan.

To put it simply, since the need for funds is dire and urgent, the borrower often applies for more than what is actually needed and tends to overlook the payable interest and repayment aspects.

Apart from this, the fact remains that short-term unsecured borrowing carries a relatively heavier interest burden anywhere in the world. The view that CashNetUsa charges excessively for its loans, or that the company exploits people in need of emergency money, is inappropriate.

Besides, one must also keep in mind that CashNetUsa entertains loan requests from applicants with a poor credit score, as well as from those who have been refused credit elsewhere. Hence, the company partly hedges its lending risk through the interest structure.

Consumer Reputation

It’s important to get multiple perspectives when you’re researching a company. That’s why we’ve included information from outside sources. We only use objective and authoritative review sources. This ensures you get the most accurate information possible.

Better Business Bureau

The BBB gives CashNet USA an A-. 16% of the customer reviews are positive. 4% of the customer reviews are neutral. 78% of the reviews are negative.

This might seem like CashNet USA doesn’t deserve an A- rating. However, when you’re looking at personal loan reviews, most reviews are negative. That’s because people rarely go out of their way to post good reviews of lenders. They only put up reviews with organizations like the BBB if they’re not happy.

The only government action against CashNet USA was recorded in 2015. The state of California charged that the company was using unlawful interest charges and fees.  


CashNet USA has a 4-star rating on yelp. However, it only consists of two reviews. It’s also not clear if these reviews are talking about the personal loan aspect of CashNet’s business. After all, the company provides many services. Things like credit repair services don’t reflect how good the personal loan options from CashNet USA are.

Consumer Affairs

Consumer Affairs gives CashNet USA 4 out of 5 stars. This rating is based on 220 customer reviews submitted in the past year. The reviews on the site are full of great things to say about the company. Lots of the reviews come from verified reviewers. That means you can trust them. The reviews talk about how CashNet USA helped them get the cash they needed on short notice.

The customer reviews also discuss other interactions with the company. Several reviews talked about how CashNet USA helped them when they had issues making their payment. On the whole, the reviews make CashNet USA seem like a great place to go for personal loans.

The CashNetUsa man – a friend in need

Perhaps the best representation of the CashNetUsa mission and ethos comes alive in the character of the CashNetUsa man, an imaginary ‘lending hero’ that the company has created to promote itself. Possessed with imagined superpower, the CashNetUsa man miraculously identifies and reaches out to the people in need of emergency funding.

He is a sympathetic and caring person who understands that every person faces financial challenges at some point in their lives. Acting as their savior, he shows them the way to easily and promptly access emergency funds through CashNetUsa login.

The CashNetUsa man – he is a friend in need of those in need of emergency money, with the slogan, “Money’s on the way.”

Robert is our in-house expert on personal loans and finance. He got an MBA, specializing in Finance, before joining the workforce. After working for multiple Fortune 500 companies in the past decade, he brings a wealth of knowledge and experience to the table.