How it Works
Get a quick personal loan even with less than perfect credit from CashNetUSA. CashnetUSA offers different loan types to best fit your needs. All loans are subject to your state’s availability, meaning some states may set a maximum loan amount which Cashnet USA must follow.
Payday Loan
A short-term, small-principal loan that is usually repaid upon your next payday unless it is extended. Loan extensions may not be available in your state. You must have an active checking account to qualify for a payday loan and have at least one month on the job.
Installment Loan
A medium-term loan, usually with a higher principal amount, that is repaid gradually in installments over four or five months. The loan may be repaid early at any time with no prepayment charges. The amount of your loan depends on your state laws and the information provided in your online loan application.
Credit Service Organization (CSO) Loan
A CSO loan is a short-term loan similar to a payday loan except the loan provider is a third-party licensed lending partner. The loan must be repaid upon your next payday. CashNetUSA will attempt to arrange the loan between you and a third-party lender and service that loan once it is issued. Generally, you may qualify for loans from $100 – $1,500. Loan amounts are based upon the information provided in your loan application and the laws of your state.
Installment-Payday Loan
An installment-payday loan is medium-term loan that is paid back through a series of manageable payments. Payments are typically made on each payday over 6 months. The amount you’re approved for is based upon the information provided in your application.
Line of Credit
A line of credit from CashNetUSA gives you more flexible funding and repayment options than other short-term credit products. With a line of credit, you apply only once and can request advances as often as you need up to your available credit limit. There are several repayment options for you to choose from, including making minimum payments gradually over time or repaying your balance in full to reduce interest.
If approved the line of credit can be repaid over time with loan terms that can range from 4 to 24 months, depending on your loan amount. There is no prepayment penalty if you want to pay-off earlier.
With all CashnetUSA loans consumers with bad credit may apply. There are several loan options as well as repayment options so even if you have been turned down in the past, CashnetUSA may be able to help you.
