Apply online in minutes without affecting your traditional credit score§
Receive an immediate decision**
Get money the next business day*
CashNetUSA is dedicated to helping individuals get the funds they need, even when they have less-than-perfect credit.† We don’t offer loans with no credit check, but we do use a proprietary system to determine eligibility. This lets us look at your financial history instead of basing our decision solely on your credit score. If you meet our lending criteria, you may well be approved for a personal loan.
“Less-than-perfect credit” refers to a credit score lower than what mainstream banks and lenders traditionally consider an “excellent” score. This score might be low because of factors as diverse as missed payments or multiple credit or loan applications — these applications can leave records of “hard inquiries” on your file, potentially lowering your score and giving the impression of financial distress to companies that look at your credit history.
Before talking about our loans, it’s a good idea to discuss what is meant by “bad credit.” As mentioned above, financial difficulties like missing payments or defaulting on debts will lower your credit score. “Bad credit” usually refers to lower credit scores that have been impacted by these financial difficulties; however, it is not a technical or official term used by credit bureaus.
Similarly, the phrase “bad credit loan” has no agreed-upon meaning. It’s a phrase commonly used by unscrupulous lenders to entice less-knowledgeable consumers who may have had credit issues in the past. If you see a lender offering loans with great terms to people with “bad credit” or “no credit,” you should be wary. It may be a scam and pose serious financial risks.
At CashNetUSA, we pride ourselves on being transparent with our customers and always providing clear rates and terms for our products. We offer a variety of personal loan products and have developed our own underwriting process that uses an alternative credit check that looks at applicants’ whole financial history, not just a credit score.
CashNetUSA offers unsecured personal loans. This is in contrast to secured personal loans, which require you to "secure" the loan by offering a personal asset like your car or house as collateral. You don't need to offer any collateral with our unsecured personal loan.
Instead, we make loan decisions using our custom underwriting process, which means that you may still qualify for an unsecured personal loan, even if your credit is not perfect.†
There are a few conditions you must meet in order to successfully apply for a CashNetUSA cash loan. Before anything else, you should make sure that we offer loans in your state! Check our Rates & Terms page to see what we offer where you live. Our unsecured loan products include payday loans, installment loans and lines of credit. Keep in mind that we only operate in the U.S. and don’t lend in every state. If you are UK resident, check out On Stride's Personal Loans.
If you decide you’d like to apply for an online loan from CashNetUSA, check that you meet the following requirements:
You must be 18 or older1
You must have been employed for at least one month
You must have an active checking account
You must be a U.S. citizen or permanent resident
If you satisfy these conditions, you can head to our application and see if you qualify for a loan today!