CashUSA

The Good

• High success-rate in matching with a lender
• Quick funding
• Options up to $10,000

CashUSA is not a lender itself.  It is a loan matching site that assess a borrower’s personal information and credit situation and matches him or her with a lender who will qualify that borrower.

Because they have a very large network, they are likely to find a lender for most consumers filling out the application form on their website.  Their lender network is a mix of all types of lenders, from personal loans to installment to payday to auto title loans.  Most of their lenders can fund in 48-72 hours and all do it electronically, meaning they deposit the money into your checking account.  That does mean, however, that you need to have a checking account (this is true with any online lending platform you will use).

Because they have lenders that offer personal loans to borrowers with credit scores in the 600 and 700 ranges, they are able to loan up to $10,000.  This is higher than some loan matching sites, but still lower than the maximum on other matching sites like EVEN Financial and certainly lower than the $40,000 maximum of Lending Club.

The Bad

• High success-rate in matching with a lender
• Quick funding
• Options up to $10,000

CashUSA is not a lender itself.  It is a loan matching site that assess a borrower’s personal information and credit situation and matches him or her with a lender who will qualify that borrower.

Because they have a very large network, they are likely to find a lender for most consumers filling out the application form on their website.  Their lender network is a mix of all types of lenders, from personal loans to installment to payday to auto title loans.  Most of their lenders can fund in 48-72 hours and all do it electronically, meaning they deposit the money into your checking account.  That does mean, however, that you need to have a checking account (this is true with any online lending platform you will use).

Because they have lenders that offer personal loans to borrowers with credit scores in the 600 and 700 ranges, they are able to loan up to $10,000.  This is higher than some loan matching sites, but still lower than the maximum on other matching sites like EVEN Financial and certainly lower than the $40,000 maximum of Lending Club.

The Summary

CashUSA has a wide network of lenders and great national coverage, so they are likely to find you a loan.  And their website is good.   But you may not get the lowest rate.  Unless you have had a lot of trouble being approved elsewhere, CashUSA is probably not your best get.

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