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CashNetUSA

1.1

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CashNetUSA Reviews Summary

The company's reputation is significantly marred by customer dissatisfaction, primarily due to exorbitant interest rates and misleading loan terms that lead borrowers into deeper financial distress. Many reviews highlight feelings of being exploited, with customers reporting that their loan balances increased despite making payments. While some customers noted prompt funding, this was overshadowed by complaints about poor customer support and aggressive collection tactics. Overall, the sentiment reveals a pattern of frustration and distrust, suggesting potential customers should seek alternative lending options to avoid similar pitfalls.

This summary is generated by AI, based on text from customer reviews

service
59
value
54
quality
52

We monitor reviews for authenticity

Texas
1 review
1 helpful vote
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It's a con
January 14, 2023

They ask for your banking Credentials thenp pretend to deposit funds into your account but real money never makes it. Don't trust it.

Date of experience: January 13, 2023
Tennessee
1 review
4 helpful votes
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Don't ever get this loan they will completely mess you over. Called to pay for my loan & they were so rude. Took over 20 mins to get the payment to go through. I had to get a new loan to pay this one off. Don't do it! They will mess you over. Bad company. Bad customer service!

Date of experience: January 7, 2023
Oklahoma
2 reviews
3 helpful votes
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Cashnet saved me
January 2, 2023

I see so many people complaining. I didn't have a bad experience. I knew this loam couldn't be ran like a normal loan. I only borrowed what I needed and plan on paying it all off soon as I got paid. You can't stretch it out and pay monthly because interest incur daily. Understand what you get before accepting. Read

Date of experience: January 2, 2023
Florida
1 review
9 helpful votes
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I borrowed $950 and end up paying back almost $4,000 the interest rate is 300% and every day they add interest on your account so every month that you pay it's just a free payment that goes in their pocket until you're completely paid off because you have everyday interest do not borrow if you can help it.

Date of experience: December 28, 2022
Texas
1 review
1 helpful vote
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Bad business
December 6, 2022

Do not get a loan at CASHNET USA. Interest is too high. They forget to take ur payments out when u signed a contract to allow them too. U think ur loan is paid off then they come out with some hidden fees or some payments THEY forgot to take out of ur account. Don't deal with them!

Date of experience: December 6, 2022
Missouri
1 review
6 helpful votes
Follow Tiffany J.
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I've already paid $2498.11 on a $1900 loan and my pay off amount as of today is $1378.90 and they have been taking more than $200 out of each check biweekly

Date of experience: December 2, 2022
Tennessee
1 review
1 helpful vote
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STAY AWAY!
November 27, 2022

DO NOT BORROW MONEY FROM THEM! It's a scam, took out 1000 and ended up paying 2000, and with each payment of 200 or 400 that I paid the debt never went down. THANKFULLY i just paid off the 2000 cause I realized if I continued with the monthly payments I would never finish paying it off and the loan would get bigger.

Date of experience: November 26, 2022
Tennessee
1 review
10 helpful votes
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Terrible don't do it
November 21, 2022

If I could give this place negative star review I would! I borrowed a $1,000 loan in a desperate need time. And I ended up having to pay $2,573.36! That is $1,573.36 over paid of the $1,000 that I had borrowed! I don't even understand how this is even legal. Do not no matter what use this company to borrow money go to your local loan companies over this place. I will be deleting the app and never again using it. That would be my best advice to anyone.

Date of experience: November 21, 2022
Missouri
1 review
4 helpful votes
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CashnetUSA acts like they want to help but in the end it's all about greed. They illegally took money from my account days AFTER the account was paid in full. DO NOT USE THIS COMPANY. They will take money when they want and you will rack your brain trying to get a refund. Customer service reps are no help either. Four different reps gave me a different answer. Still waiting….

Date of experience: November 17, 2022
South Carolina
1 review
1 helpful vote
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Dang it paid free now hope I never have to use it again maybe I will win that bill and a 1/2 lottery

Date of experience: November 3, 2022
Florida
1 review
7 helpful votes
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I have been receiving calls from an agent by the name of John. I asked if my bank account log in information would be required to get a loan, and if it was I wasn't interested in the loan. I had recent fraudulent activity from another loan company who collected my log in information to get a loan. The message was received from John after asking him to stop calling me, and I wasn't going to provide log in information to him. They don't deserve any stars.

Date of experience: October 13, 2022
Missouri
1 review
1 helpful vote
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Poor service
September 7, 2022

Applied today said I was approved cool then they asked for more documents just bank statement and I'd. That's when everything went down hit they asked me to send them the documents to support email. I sent this email 7 times and they continue to say they haven't got it yet. Complete waste of time

Date of experience: September 7, 2022
Oklahoma
1 review
9 helpful votes
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DO NOT GET THIS LOAN
August 13, 2022

I got a $340 Loan in June made payments and than took out $600 loan in July. I tried to paid loan off in August they charged me an extra $500 to pay loan off… I repeat do not get this loan it's not worth the risk… now I'm down $500 dollars and even after I paid the pay off the amount. They said I still owe them $21. What you see is what I paid. My loan was only for $950 you do the math. Oh and this doesn't show the other payment I've made that total to a $500 fee.

Date of experience: August 13, 2022
Florida
1 review
3 helpful votes
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Don't do it
August 3, 2022

You will get the money fast, as you pay high interest, thinking it's going down it won't and your interest will be almost $20.00 per day. And the amount you paid will not reflect. As if you threw it out your car window. Cashnetusa are Loansharks (Period)

Date of experience: August 3, 2022
Texas
1 review
6 helpful votes
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Don't do it!
August 2, 2022

This company is nothing but a scam! You do not get the loan until you give them your bank account information. Big Red flag! They give you the option to move your payment a few days ahead if you cannot make it on time. Then they started automatically debiting my bank account (without my permission) for much more than was due! After no luck of trying to get it straight they kept debiting my account. The only way to get out of their scam was to close my bank account! Even my bank agreed that it is a very shady operation.

Date of experience: August 2, 2022
Louisiana
1 review
10 helpful votes
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DO NOT WAIT IT OUT
July 29, 2022

Please do not make a loan, specifically cash advance with Cashnet.com. Their customer service is great but terms misleading. As you make payments your loan will continue to increase. I've made my first few payments and my loan balance is higher than when I originally made it. Save yourself the problem, just wait it out.

Date of experience: July 29, 2022
Utah
1 review
4 helpful votes
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Cashnet has to be one of the worst companies out there. I feel into some financial troubles during the covid lockdowns. Cashnet seemed like a good option with their same day deposit that I agreed. I now am so deep in the hole because of their daily interest charges. I have been paying my payment in full every two weeks and the amount owed is only going up every payment. My amount owed is now a much higher amount than I am even able to withdraw. I strongly recommend that every one avoid this company like the plague.

Date of experience: July 22, 2022
Kansas
1 review
3 helpful votes
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I used Cashnet for a super urgent emergency. I got my cash fast. I was able to pay it off fast and avoid any extra interest. Do not get this loan if you are living pay check to check. Its will eat you up and spit you out. It did what i needed it to do.

Date of experience: July 20, 2022
South Carolina
1 review
8 helpful votes
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Worst Company Ever
July 7, 2022

This company is a rip off. They don't care about customers at all. They didn't even give people a break during the pandemic. They still wanted their money. They didn't care if you weren't working. I told them I wasn't working during the pandemic and wasn't able to pay. I was told to make other arrangements because they couldn't cancel or hold payments. All they could offer was an payment arrangement. Other companies dropped their interest rates and let their customers skip payments, but not CashNet.

Date of experience: July 7, 2022
Wisconsin
1 review
4 helpful votes
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If you're struggling with money, turn to somewhere else. You will struggle much more if you take this loan. It is an absolute scam, with interest so high, you'll never be able to pay it back. A person in need of financial help, will not do themselves any favors by taking this loan. Worse than loan sharks.

Date of experience: June 24, 2022