KwikCash Personal Loans
| Community Rating | Strongly recommended |
| APR (Fixed APR) | 87% - 399% |
| Loan Amount | $500 - $10,000 |
| Loan Term (Months) | 6 - 60 months |
| Number of Reviews | 57 |
KwikCash Personal Loans Review
KwikCash Personal Loans is offered by KwikCash Inc., a direct lender founded in 2008 and based in Irvine, CA. KwikCash Personal Loans is available in 6 states across the USA.
Key Takeaways
- APRs starting at 87%. Interest rates vary by state. Personal loan interest rates typically range between 5% and 36%. The starting rates for KwikCash 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*.
- No origination fee. KwikCash Personal Loans does not charge a loan origination fee.
- No late fees. Missing a payment can seriously damage your credit, but KwikCash Personal Loans will not charge additional fees if you miss the due date on a payment.
- Cosigner applications accepted. Applying for KwikCash Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
- Short loan terms. KwikCash Personal Loans have loan terms as short as 6 months.
- Minimum income of $30,000. You will need an annual income of at least $30,000 to apply for KwikCash Personal Loans, which is above average for the lenders in our database.
KwikCash Pros & Cons
| Pros | Cons |
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KwikCash FAQ
What interest rates and personal loan terms does KwikCash offer?
KwikCash has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does KwikCash offer?
KwikCash offers a fixed APR personal loan product that ranges from 87% APR up to 399% APR. Interest rates vary by state.
How much can you borrow via KwikCash?
Business loan amounts start at $500 and go up to $10,000.
What is the maximum loan term you can get with KwikCash?
KwikCash offers loans with terms of up to 60 months.
| Personal Loan Amount | $500 - $10000 |
| Loan Term | 6 - 60 months |
| APR | 87% - 399% |
What fees does KwikCash charge?
Does KwikCash charge an origination fee?
KwikCash does not charge a personal loan origination fee.
A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does KwikCash charge a late fee?
Yes, KwikCash may charge borrowers a late payment fee if you miss one of the monthly payments of up to $10, which is triggered if you're 10 days late.
Does KwikCash charge prepayment fees?
No, KwikCash 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.
| Origination Fee | No |
| Prepayment Fee | No |
| Late Payment Fee | $10 |
What do you need to qualify for KwikCash Personal Loans?
Applicants with a credit score of at least 500 and up to 660 may be eligible for KwikCash Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.To qualify for personal loans with KwikCash Personal Loans, applicants need a minimum annual income of $30,000 or higher. KwikCash Personal Loans only considers borrowers who are employed and meet the minimum income requirement. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
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 KwikCash 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 KwikCash 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
- Proof of income
- Driver's license
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | 500 - 660 |
What is the estimated funding time for a personal loan via KwikCash?
KwikCash will typically approve (or deny) a loan application within 24 hours and fund loans within 2 business days of approval.
Is KwikCash Inc. a legit company?
KwikCash Inc. was founded in 2008, it is a well-established company that has been in business for 14 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.
Message From KwikCash Inc.
Contact
- Headquarters
-
9150 Irvine Center Drive
Irvine, CA 92618 USA - (800) 478-6230
- Visit Site
- Email Support
About KwikCash Personal Loans
Availability
- Alabama
- Idaho
- Missouri
- Mississippi
- South Carolina
- Utah
Feature Breakdown
| Late Fee Amount | $10 |
| Late Fee Grace Period | 10 days |
| No Late Fees | |
| No Origination Fee | |
| No Prepayment Fee |
KwikCash Personal Loans Community Reviews
Would you recommend KwikCash Personal Loans to your friends?
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