Today Cash Loans: Is It Legit? Costs, Fees + 5 Cheaper Loans
Last updated 09/29/2026 by
Andrew Latham
Edited by
Andrew Latham
Summary:
Today Cash is a tribal installment lender (Loon Lending, LLC, an arm of the Menominee Indian Tribe of Wisconsin) that lends $100 to $1,500, with a $600 cap on first loans. It won’t tell you the APR until you’re approved; one BBB reviewer reported 692%. Below: what Today Cash charges, who’s behind it, and five state-licensed loans like Today Cash that publish their rates and usually cost less.
Updated September 2026
Today Cash (todaycash.com) is the trade name of Loon Lending, LLC, an economic arm of the Menominee Indian Tribe of Wisconsin in Keshena. It makes small installment loans to people with bad credit and funds them the next business day, or the same day for a $5 fee. What it doesn’t do is publish its rates: the rates page says your APR “will be determined by the amount you choose to borrow and the length of time.” The only public data point is a BBB customer review describing a $700 loan at 691.97% APR with $2,634.03 in finance charges over nine months. Because it lends under tribal law, your state’s rate cap doesn’t apply. If you have income and a checking account, the lenders below publish their rates and are cheaper.
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Today Cash at a glance
| What it is | An online installment lender. Loon Lending, LLC d/b/a Today Cash is an economic arm of the Menominee Indian Tribe of Wisconsin (Keshena, Wisconsin). Not licensed by any state |
| Loan amounts | $100 to $1,500; first-time borrowers are capped at $600 |
| Cost | Not published. The APR is set per loan and shown only in your loan agreement. A BBB reviewer reported a $700 loan at 691.97% APR |
| Term | Not published. Payments are pre-set; the first is due on your next pay date at least five days after funding |
| Fees | $20 late fee if a payment is more than 10 days late, $30 returned-payment fee, $5 for same-day funding. No prepayment penalty |
| Credit check | No minimum score. Today Cash checks alternative bureaus (Clarity, DataX, FactorTrust) and says it may obtain your credit information |
| Credit reporting | Not stated by the lender |
| Funding speed | Next business day if approved before 4 p.m. Central, Monday to Friday; same day for $5 |
| Not available in | Not published. The site says it doesn’t accept applications from residents of all locations |
Is Today Cash legit?
Today Cash is a real lender, and it discloses its tribal ownership and its fee schedule. It is not licensed by any state, so your state’s interest rate cap and regulator don’t cover the loan. The Better Business Bureau gives it a B (not accredited) with 34 complaints closed in the last three years; the reviews there describe interest charges several times the amount borrowed. It has no Trustpilot profile, and no complaints appear under its name in the CFPB database. In June 2026 the Washington State Department of Financial Institutions issued a consumer alert stating that the Menominee Indian Tribe’s commercial lending enterprises are not licensed in Washington; the alert names several of the tribe’s brands, though not Today Cash specifically. At the time of writing, the Today Cash homepage carried a banner warning of an outage and delayed customer support.
The biggest problem is the missing rate disclosure. A licensed lender tells you the APR before you apply. Today Cash tells you after you’re approved, when it’s easy to click accept.
Pros and cons of Today Cash loans
5 cheaper loans like Today Cash
The best loans like Today Cash are Possible Finance (a small app-based loan that reports to the credit bureaus), Fig Loans (a licensed small-dollar lender with no late fees) and OppLoans (larger loans at a far lower APR). NetCredit and CreditNinja round out the list. All five publish their rates before you apply and lend under state licenses or through partner banks.
| Lender | Who makes the loan | Loan amounts | APR | Term | Best for |
|---|---|---|---|---|---|
| Today Cash | Tribal (Menominee Indian Tribe) | $100–$1,500 ($600 first loan) | Not published (reviewer: 692%) | Not published | — |
| Possible Finance | State license or Coastal Community Bank | Up to $500 | 136.60%–248.67% | About 8 weeks | A small loan that builds credit |
| Fig Loans | State-licensed (FL, MO, OH, TX, UT, WI) | About $300–$500 first loan | About 190%–221% (max 279% in MO) | About 4 months | A licensed small-dollar lender with no late fees |
| OppLoans | Bank partners | $500–$5,000 | 99%–195% | 9–24 months | A much lower APR with bad credit |
| NetCredit | NetCredit or a bank partner | $1,000–$10,000 | 34%–99.99% | 6–60 months | Larger amounts and the lowest rate |
| CreditNinja | State license or bank partner | $250–$5,000 | From 35.99% | 3–24 months | Same-day funding from a state-licensed lender |
1. Possible Finance – Best for a small loan that builds credit
Possible lends up to $500 through its app, repaid in four installments over about eight weeks, and reports payments to the credit bureaus. APRs run 136.60% to 248.67%. Most customers get the money within minutes, and you can push a payment date back in the app without a fee.
2. Fig Loans – Best for a licensed small-dollar lender with no late fees
Fig Loans makes small installment loans, usually $300 to $500 for a first loan, repaid over about four months at roughly 190% to 221% APR. It charges no late fees, reports to all three bureaus, and is licensed in each of the six states where it lends. See our full Fig Loans guide.
3. OppLoans – Best for a much lower APR with bad credit
OppLoans arranges installment loans of $500 to $5,000 over 9 to 24 months at 99% to 195% APR. Partner banks make the loans, and OppLoans reports payments to the three major credit bureaus. It is still an expensive loan, but its top rate is far below Today Cash’s, and the amounts are larger.
4. NetCredit – Best for larger amounts and the lowest rate
NetCredit offers $1,000 to $10,000 over 6 to 60 months at 34% to 99.99% APR, depending on your state. Checking your eligibility doesn’t affect your FICO score, and loans approved before 1 p.m. CT on weekdays are usually funded the same day. If you qualify, it costs a fraction of Today Cash.
5. CreditNinja – Best for same-day funding from a state-licensed lender
CreditNinja offers $250 to $5,000 over 3 to 24 months, with APRs starting at 35.99% and rising well above that for weaker credit. Loans approved early in the day are often funded the same day, and the lender holds state licenses or works through a partner bank.
SuperMoney may be compensated by some providers listed; this doesn’t change how we evaluate them.
Why Look for Alternatives to Today Cash?
While Today Cash offers fast loans, it may not be the most affordable or flexible option. Here’s why you might want to explore alternatives:
1. Lower Interest Rates
Traditional personal loans often have better rates than payday-style loans. See the pros and cons of personal loans.
2. Longer Repayment Terms
Most personal loans offer repayment terms of 12 months or more, making payments more manageable.
3. Higher Loan Amounts
Need more money? Today Cash might not offer enough. If you’re looking for a larger loan, check out how to get a $40,000 personal loan.
4. Better Credit-Building Opportunities
A traditional personal loan can help improve your credit score when paid on time. Learn how personal loans impact your credit.
5. More Lending Options
If you have good credit, you may qualify for better rates. Find personal loans for people with good credit.
How to Compare Loans Like Today Cash
When looking for alternatives, consider the following:
1. Interest Rates & Fees
Compare APRs and any additional charges like origination or late fees. Understand personal loan rates here.
2. Loan Terms
Look for loans with flexible repayment options that fit your budget.
3. Loan Type: Secured vs. Unsecured
Secured loans require collateral, while unsecured loans do not. See the difference here.
4. Eligibility Requirements
Check if the lender has minimum credit score or income requirements. Learn how to qualify for a personal loan.
5. Loan Purpose
Some loans are better suited for specific needs, like debt consolidation loans.
Tips for Getting Approved for Today Cash
If you decide Today Cash is right for you, follow these steps to improve your approval chances:
- Check Your Credit Score – While Today Cash accepts lower scores, knowing yours can help you gauge eligibility. Find out what your credit score means.
- Have Proof of Income – Lenders want to see you have a stable source of income to repay the loan.
- Reduce Debt-to-Income Ratio – The less debt you have, the better your chances of approval.
- Consider a Secured Loan – If you have collateral, you might qualify for better terms. Learn about secured personal loans.
- Apply with Accurate Information – Mistakes on your application can delay approval or result in rejection.
FAQs About Today Cash
Is Today Cash a legit loan company?
Yes. Today Cash is the trade name of Loon Lending, LLC, an arm of the Menominee Indian Tribe of Wisconsin. It is a real lender, but it is not state-licensed, it doesn’t publish its APR, and the BBB rates it B with 34 complaints in three years.
What are Today Cash’s interest rates?
Today Cash doesn’t publish them. Your APR appears only in the loan agreement after approval. The one public example, from a BBB customer review, was 691.97% on a $700 loan.
Does Today Cash require a credit check?
There is no minimum credit score, but Today Cash checks alternative credit bureaus such as Clarity, DataX and FactorTrust and says it may obtain your credit information.
How fast can I get funds from Today Cash?
The next business day if you’re approved before 4 p.m. Central on a weekday. Same-day funding costs $5.
What happens if I can’t repay my Today Cash loan on time?
A $20 late fee applies once a payment is more than 10 days late, and a returned payment costs $30. Interest keeps accruing on the balance. Contact the lender before the due date if you need to reschedule.
How do Today Cash loans compare to payday loans?
Both are high-cost loans for people with bad credit. Today Cash is repaid in scheduled installments rather than one lump sum, but at several hundred percent APR the total cost can be higher than a single payday loan. See payday loans vs. personal loans.
Final Thoughts
Today Cash lends small amounts quickly, but it won’t tell you the price until you’re approved, and its tribal structure keeps it outside your state’s consumer protections. Possible Finance, Fig Loans, OppLoans, NetCredit and CreditNinja all publish their rates and will usually cost far less.
Key Takeaways
- Today Cash (Loon Lending, Menominee Indian Tribe) lends $100 to $1,500, with first loans capped at $600.
- It doesn’t publish its APR; a BBB reviewer reported 692%. Fees: $20 late, $30 returned payment, $5 same-day funding.
- It is a real lender but not state-licensed, with a B BBB rating and 34 complaints in three years.
- Possible Finance, Fig Loans and OppLoans are cheaper, state-regulated alternatives that publish their rates.
Andrew is the Content Director for SuperMoney, a Certified Financial Planner®, and a Certified Personal Finance Counselor. He loves to geek out on financial data and translate it into actionable insights everyone can understand. His work is often cited by major publications and institutions, such as Forbes, U.S. News, Fox Business, SFGate, Realtor, Deloitte, and Business Insider.
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