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  CashNetUSA Personal Loans

CashNetUSA Personal Loans

in Personal Loans from Enova International

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CashNetUSA Personal Loans

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in Personal Loans from Enova International

SuperMoney Net Recommendation Score -33

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -33, equating to 2.3 on a 5 point rating scale.

-33

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Mostly not recommended

2 users recommend
0 users are unsure
4 users don't recommend
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Highlights
Community Rating Mostly not recommended
APR  (Fixed APR) 89% - 449%
Loan Amount $300 - $3,500
Loan Term (Months) 6 - 24 months
Number of Reviews 6

CashNetUSA Personal Loans Review

CashNetUSA Personal Loans is offered by Enova International, a direct lender founded in 2009 and based in Chicago, IL. CashNetUSA Personal Loans is available in 8 states across the USA.

Key Takeaways
  • APRs starting at 89%. Personal loan interest rates typically range between 5% and 36%. The starting rates for CashNetUSA Personal Loans are on the higher end of the spectrum.
  • Fast access to funds. In some cases you can get your money within 1 business day.
  • Hard credit pull required. You can't check your rates or see if you prequalify for CashNetUSA Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
  • Short loan terms. CashNetUSA Personal Loans offers loan terms as short as 6 months. Most personal loans have a minimum term of 12 to 36 months.
CashNetUSA Personal Loans Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • Considers applicants with fair credit.
  • APRs as high as 449%.
  • Charges an origination fee.
  • Do not offer pre-approval with soft credit pull.
  • CashNetUSA Personal Loans does not report to credit bureaus.
  • Charges a late fee of $18
CashNetUSA Personal Loans FAQ

What interest rates and personal loan terms does CashNetUSA Personal Loans offer?

CashNetUSA Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What interest rates does CashNetUSA Personal Loans offer?

CashNetUSA Personal Loans offers a fixed APR personal loan product that ranges from 89% APR up to 449% APR.

How much can you borrow via CashNetUSA Personal Loans?

Loan amounts start at $300 and go up to $3,500

What is the maximum personal loan term you can get with CashNetUSA Personal Loans?

CashNetUSA Personal Loans offers loans with terms ranging from 6 to 24 months.

CashNetUSA Personal Loans Interest Rates & Loan Terms
Personal Loan Amount $300 - $3500
Loan Term 6 - 24 months
APR 89% - 449%

What fees does CashNetUSA Personal Loans charge?

Does CashNetUSA Personal Loans charge an origination fee?

CashNetUSA Personal Loans may charge a personal loan origination fee.

Does CashNetUSA Personal Loans charge a late fee?

Yes, CashNetUSA Personal Loans may charge borrowers a late payment fee if you miss one of the monthly payments of up to $18, which is triggered if you're 10 days late.

Does CashNetUSA Personal Loans charge prepayment fees?

No, CashNetUSA Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

CashNetUSA Personal Loans Fees
Origination Fee N/A
Prepayment Fee? No
Late Payment Fee $18

What do you need to qualify for CashNetUSA Personal Loans?

Applicants with a credit score of at least 500 and up to 640 may be eligible for CashNetUSA Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

CashNetUSA Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. CashNetUSA Personal Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the CashNetUSA Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by CashNetUSA Personal Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Applicants must have an active and valid personal checking account
  • Recent pay stubs
  • Driver's license
  • Proof of citizenship or residence permit
CashNetUSA Personal Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
  • Individual Applications
  • Credit Score 500 - 640

    What is the estimated funding time for a personal loan via CashNetUSA Personal Loans?

    CashNetUSA Personal Loans will typically approve (or deny) a loan application within 24 hours and fund loans within 7 business days of approval.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Message From Enova International

    We've been helping hardworking people get the funds they need for more than 10 years. We've given more than 3 million customers the chance to take control of their financial futures.

    Contact

    • Headquarters
    •   175 W. Jackson Blvd.
      Suite 1000
      Chicago, IL 60604 USA
    •   Visit Site

    Other Services by Enova International

    Icon for Personal Loans
    View all personal loans offered by Enova International

    Availability

      Available in 8 states
    • Delaware
    • Missouri
    • Mississippi
    • New Mexico
    • Ohio
    • Tennessee
    • Texas
    • Wisconsin

    Feature Breakdown

    No Prepayment Fee
    Late Fee Amount $18
    Late Fee Grace Period 10 days
    Checking Account Required
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    • Unemployed
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Non-Military
    • Veterans
    Minimum Age 18
    Supported Income Types
    • 1099 Misc. Income
    • Cash
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    Verification Documents Required
    • Recent Pay Stubs
    • Driver License (or other photo ID)
    • Proof of citizenship/residence (Green Card)
    Credit Score Range 500 - 640
    Loan Amount $300 - $3,500
    APR (Fixed APR) 89% - 449%
    Loan Term 6 - 24 months

    CashNetUSA Personal Loans Community Reviews

     

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    SUPERMONEY NET RECOMMENDATION SCORE

    This product is mostly not recommended by SuperMoney users with a score of -33, equating to 2.3 on a 5 point rating scale.

    -33

    Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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