Features

CashCall is one of the largest online lenders in the United States. It was founded in 2003 and has its headquarters in Orange, California. As well as personal loans, CashCall also offers mortgages and small business loans. CashCall has been found guilty of abusive lending practices and misleading advertising in multiple states, where its license has been revoked. Currently it is under investigation by the Consumer Financial Protection Bureau.

How Does CashCall Work?

The application process can be performed online or over the phone. If you qualify, your money can be wired as quickly as the next business day. Credit requirements are very lenient but the interest rates and fees are similar to payday loans, which are considered predatory lending products by many regulatory agencies.

What Are CashCall's Interest Rates?

Interest rates vary depending on the size of the loan and the borrower's credit. The maximum APR ranges from 204.94% to 116.73%. Loans have a $75 fee but there are no prepayment fees for paying your loan early.

How Much Money Can I Borrow from CashCall?

Loan amounts range from $2,600 to $25,000. There are two terms for loans: 47 to 84 months, but you can pay the loans early without a prepayment fee. The monthly payment on a $2,600 loan with a 204.94% APR will cost you $431.5 a month. That represents a total cost of $20,280 for a $2,600 loan.

What Is CashCall's Application Process Like?

The application process is fast and easy. CashCall only requires an active bank account statement, proof of income and valid ID. You can either fax these documents or use their paperless option. Approval can take just a few minutes and the money could be deposited in your bank account by the next business day.

How Is CashCall Better Than Other Lenders?

Qualifying for a loan with CashCall is fast and its eligibility requirements are very lenient, which makes it an attractive option for people with bad credit. Its rates, however, are as high as payday lenders. The loan amounts offered by CashCall are larger than those offered by payday lenders and the repayment period are longer, which provides an alternative--albeit an expensive one--to borrowers who can't repay within the customary 2-week term of payday loans.

  • Credit bureau reporting
  • Interest APR
    116% - 204%
  • Joint loans available
  • Loan Amount
    $2600 - $25000
  • No late fees
  • Max Loan Term (Months)
    84
  • Lend to military?
  • Institution Type
    Direct Lender
  • Approval Speed (Hours)
    24
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0 votes

Do not borrow a penny, don't even dial the number! CashCall/Delbert Services/WS Financial/Western Sky Financial/J Paul Reddam/Martin Butch Webb/Lakota Sky/et al. These companies are a scam. J Paul Reddam's companies have been evading the law for years, first with DiTech, then with his rent a bank scheme that was shut down for usurious rates, then found Martin "Butch" Webb for his "rent a tribe" scheme. The gist of the scam is to evade state usury and banking laws by using a tribal entity to loan money "on the reservation" and ... use language in their contract that you are subject to "tribal law". Total lie. Unless you are a member of that tribe, you are not subject to tribal law (Jackson vs Payday Lending, Tribal Court, May 29, 2014) This man is nothing more than a criminal from Canada that moved to the states and pays lobbyists to push his agenda in every state. When he gets caught, his attorneys use legal maneuvering to stretch out the lawsuits for as long as possible, collecting on illegal loans until they're either stopped or the victims find out the truth and quit paying. His companies have been sued and have paid a mere pittance in fines compared to what he's collected. If you have a loan from any company associated with him or any of the companies that do business with him, quit paying them now! Get an attorney if you have to. Close the bank account that they take money from every month. You were probably required to allow them to ACH debit from your account as a condition of loan approval which is illegal and they have been fined and ordered by the FTC to cease and desist. They have also been fined and ordered to cease and desist their very aggressive collection practices. Sued and banned from doing business in many states. Nearly every state requires lenders to be licensed to loan money in their state and be regulated by the state commerce/banking commissions. None of Reddam's companies nor are Webb's companies licensed to lend or collect in many states. Their loans are illegal in most states. Webb's companies are registered as LLC's in his home state of South Dakota, which has no usury law. They are not arms of any tribe, nor are controlled or owned in any part by his tribe. Google them, read the reviews, see the company employees troll the complaint boards and harass the victims. Read the stories about the phone calls to employers, friends, family continually at all hours of the day and night. The Consumer Finance Protection Bureau sued them in 2013 and is currently involved in a class action lawsuit against these men and their companies. Do not do business with these companies!!!! More Less


0 votes

This outfit is the worst company ever. Theyve been sued by so many different states for unscrupulous business practices, plus theyve been fined and penalized. The BBB gives them an F rating, which should tell you something. Its amazing that they are still in business. Even if you are totally desperate for money, you should avoid dealing with this company, period. Just dont do it.

0 votes

I got a 5000 loan from these guys and it has been a nightmare since day one. They keep changing my APR rate from 100 to 110 now 115. Make up your minds! These guys are the worst!

0 votes

CashCall lists itself as being accredited by the Better Business Bureau. But when you load the BBB website, there is a notation that the listing for CashCall is currently being updated. This does not automatically mean that there is a problem, but it does give a misleading impression for CashCall to promote themselves as being BBB accredited. Further investigation reveals that CashCall, like so many easy loan services, charges usurious rates, so that if you make only minimum monthly payments, you could wind up paying many times the amount of ... your original loan. CashCall may not technically be a payday loan store, but it operates just like one. If you are truly desperate AND you are certain that you can pay off the loan in one lump sum, perhaps CashCall may be an option. But you would truly be better served to exhaust all other options before getting caught up in what could be an expensive trap. More Less

0 votes

A nightmare! There is a reason there are so many lawsuits against this company. My original loan of $1000 that I took out to cover medical expenses of a dying parent, turned into $1500. Then was sold to Cashcall without my consent. I started receiving all kinds of scams on my email and phone calls. I repaid over $1900 and had to close my bank account b/c I had identity fraud due to them giving out my personal info. I tried to contact them through email with no response and ... disputed it with the credit bureaus. I have now turned it over to White Jacobs & Associates due to the wrongful reporting to the credit bureaus. It is horrible that these people can get away with access to your report and bank accounts. More Less

0 votes

I took out a loan back in 2011 from Western Sky which became Cashcall. I got a loan for $2500.00 which $500.00 they kept for fees. I don't recall the payment arrangements but I made one payment then I ended up having surgery and unable to work then medical bills piled up so I couldn't pay. Then I started getting harassed calls from them. They called once and said I committed fraud and that they are going to arrest me on a felony check fraud. I said, "I'm sorry I'm ... not working. I have no money to give," then they threatened to garnish my husband's work check and threaten to come to my house and arrest me, I was scared.

I called Oregon State business bureau and ask them if they can do this. I was told not to worry about it they can't do nothing to you they are illegal. They said they will just harass and threaten you. I hadn't heard from them since 2011 till recently. They called me a month ago saying Fraud unit was calling me and was getting me on fraud trying to get me to pay. I said I'm still not working and I have $20,0000 in medical bills owing. So they said they are getting a warrant and arresting me for felony check fraud. Then on this Monday they called my niece and had all her information and social and tried to say I forged her name on the loan as a co-signer and I'm not paying the bill so she better be prepared to get a attorney herself for check fraud when she never co-signed for. So she was in tears scared not knowing what's going on. They have tried getting a hold of 2 of my brother-in-laws too.

I admit I owe them but, I honestly can't pay them. I'm not working but to threaten to arrest me then threatening my niece when she wasn't on the loan app and knowing her social and everything is scary. I definitely would be interested in a class action lawsuit! I am trying to hold on and file bankruptcy as soon as I can to get them off once and for all.
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