WARNING: DO NOT USE CashNetUSA Until You Read This Review!
Is it a Scam? Does It Really Work?
If you have found yourself in a financial problem, you may consider taking out a loan through CashNetUSA. This lender promises to provide short-term payday loans and credit lines. It also claims to approve your application almost instantly and provide you with cash the next day. This is an important factor during times of crisis. Are the funds provided by this company worth it? Let’s try to answer this question by taking a look at several vital facts. The official lender’s website, CashNetUSA.com, provides credit lines in some states. Their major product is payday loans, which are small-principal and are usually repaid rather quickly. According to the site, one can apply for your payday loan online and get an instant decision via email. Even those with less-than-perfect credit or have been turned down by other lenders have chance to get a loan.
In order to start the 5-minute application process, you will need to fill in your name, phone number, address, email address, Social Security number, DOB, and work details. You are going to be approved within a few minutes only. After that, CashNetUSA can send the funds to your bank via ACH the next business day. Most loans are repaid in full on your next payday. The company can extend your payoff date in some cases. There are certain requirements to apply for a loan from this lender. You need to have an active email address and checking account. You also need to be at least 18 years old and to have a driver’s license. You will need to be a US citizen or permanent resident, as well as to have been employed for at least one month.
Customer Reviews – Does CashNetUSA Really Work?
There are some users’ reviews about the lender’s services online. Most of them seem to be positive. Customers choose CashNetUSA for a number of reasons. The first one is dedicated customer service. It is a significant advantage, especially in the period when you are facing a difficult and unexpected financial problem. Their U.S.-based customer service team will provide you with the necessary support and help. It is available seven days a week to solve any issue of yours. The next benefit offered by the company is reliable online application. They use SSL and other technologies to manage your data securely. CashNetUSA application has been verified by Norton Secured and McAfee Secure.
It is important to mention that there are no hidden fees or paperwork. All you will need to do is to complete a 5-minute application. Then you will get information about your terms and necessary payments. After that you are free to sign an application. CashNetUSA can boast a good history of helping others. They have an experience of helping people to get the funds for more than ten years already. They have given the chance to improve their financial sphere to more than three million customers. So, most customers are satisfied with the lender and their services. The application process is usually very fast and easy. The representatives of the company are nice people. They are professional and helpful.
Many customers of CashNetUSA claim that they will use them again when needed. One customer writes that he is glad that he was directed to this company. The whole process was easy and painless, while the fees were reasonable. The man says that money came to his account the next day as promised. He is very grateful to the staff for being available in emergencies. He does recommend the lender to all his friends and acquaintances. One woman uses services of the company from time to time and says that it is always a good experience for her. It is easy to apply for. She receives money the next business day and can use the customer service whenever she needs it. She has never had problems with CashNetUSA. The company gives you an opportunity to choose an amount of money to apply for. That is a big help. One more customer says that he has had nothing but a good experience with this lender. He has used their services several times already and is always pleased with their help. The staff is friendly, fast, and helpful. It would be a wise decision to take a look at what people are saying in their actual testimonials. Here are some of them.
“I can say only positive things about CashNetUSA. I got a letter in the mail about this company and was very skeptical about it at first. I called them, and a few days later I saw another letter in my mail. They asked me a few questions, after answering which I got approved for the loan. The money was in my account the next business day. I am so glad to have dealt with them. I would certainly recommend this lender to all my friends and family.”
“I have never had such a great experience with any other lender. CashNetUSA helped me in a bad situation and never ceases to amaze me. I am pleased with easy online tools, good customer service, and a very professional team to deal with. This quick loan company is completely legitimate. I believe their rates will go even higher than banks. They also have lower interest rates. I also like the flexibility of payment options as I always know what I am paying. So, this company is just great for emergency funds when you cannot borrow money from your family or friends. This company is wonderful. Thank you!”
“I was skeptical to begin working with CashNetUSA but then I understood that I had never used a company like this before. They gave me money the next day and I paid it back within two weeks. I was charged $46 for borrowing $800. That’s fair, I think. The professional staff was very polite and pleasant to deal with. If I ever need fast money again, I will go to this lender again. I am sure they will help. I have no complaints and would recommend this company to everyone!”
My Final Summary
Now when we know enough about CashNetUSA, I would certainly recommend this company to those who suddenly need money in a financial emergency. They will not charge you much for a loan, their interest rates are quite reasonable. I think this type of lending services is worth your attention. Keep in mind that if you take out a loan, try to pay it off as quickly as possible to avoid penalties. It should be mentioned that there are many scammers who pretending to be CashNetUSA. That is why you should be careful. A fake company will ask you to put money on a prepaid Green Dot MoneyPak or Vanilla card. This is not a right practice, so if you receive such a call, hang up and file a complaint with the FTC.
CashNetUSA Pricing and Rates
The cost of your CashNetUSA loan will largely depend on the amount you borrow, the state in which you live, and your credit score. Loan amounts generally range between $255 and $500. Fees are generally between $10 and $45 per $100 borrowed but they can be lowered if you pay off the loan faster. APRs are between 205% and 800%. Loan terms are from 2 weeks to 15 months. To process an early payoff or ask any question about your loan, you will need to contact the company’s 24/7 customer support at 888-801-9075.