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CashNetUSAReviews 108

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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

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Tennessee
1 review
14 helpful votes
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Cash net is fraud!
September 27, 2021

I pay my balance off in full three days later they snatch $214 out of my account and would not let me close my account. I do not recommend ever ever ever using this service especially with a 250% interest rate. $1500 cost me $2500 in a month and a half. I recommend you taking them to court and see what your rights are.

Date of experience: September 27, 2021
Alabama
2 reviews
4 helpful votes
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Incredible customer service
September 24, 2021

Had a loan with idiots at one time. Tried to pay them off and they said "No." That ended up with me being on the phone for at least 2 hours a day for the next 3 days. Why does it take 3 days to pay off a loan? They're crooks! That's why!

Date of experience: September 24, 2021
Ohio
1 review
3 helpful votes
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I applied for a loan. I am on Ssdi and i get SS for my deceased husband. I also receive 2 small pension checks. I applied 7/12/21. Sent them like 5 screenshots of all the direct deposits. They said my loan was approved. Later in the day they stated they needed something showing that the payments were recurring. I went to the deposit section of my bank and sent several screenshots of all the deposits. Then i get an email stating it was withdrawn and to fill out the application again. So i do. I sent them a benefit letter for each Social Security direct deposit, and like 8 different screenshots showing those deposits and the direct deposits of each of the pensions. I kept checking today, the 13th. They send me an email once again saying it was withdrawn and to fill out the application again and send a copy of my most recent paystub. Hello? I dont get a paystub. I needed this loan desperately but not at the loss of my sanity. They are impossible!

Date of experience: July 13, 2021
South Carolina
1 review
11 helpful votes
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STAY AWAY!
July 1, 2021

I borrowed money from these people expecting an upstanding company that gives installment loans. LIES! They not only took a double payment but took 2! Over $600. They won't even email you back or chat with you! LIARS, THIEVES! STAY AWAY

Date of experience: July 1, 2021
Minnesota
1 review
8 helpful votes
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These people are the worst company. They called & threatened me with fraud charge because I had insufficient funds. Saying they're going to take my license & bank acct away. I took this out when my dad passed away with no life ins. Then covid & I'm still on lay off because part shortages.

Date of experience: May 18, 2021
Michigan
1 review
9 helpful votes
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Got a 250 loan and before the first payment was due they sent my account to a collection agency who they kept selling it. DON'T TRUST CASH NET USA!

Date of experience: May 14, 2021
Wisconsin
1 review
15 helpful votes
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I've gotten a couple loans from this company, but the interest is out of control, talk about ripping people off in the time of need. Say you borrow 800, get on a payment plan because let's face it this why you took out a loan, 11 months, by the time you've paid it off, you have paid over 1600 in interest. Completely taking advantage of people who really need help, especially now days times are really hard. Will not recommend this company too no one. I'm done being desperate & getting taken for a ride. Shame on you cash net, learned my lesson, got two jobs to survive instead of using someone to use me. Bye!

Date of experience: April 24, 2021
California
1 review
18 helpful votes
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I was scammed by Jhon Wright who claimed to represent CashNetUSA. Went through application process and received approval letter via email. Letter was phoney! When advised funds deposited into bank account my bank found it to be a fraudulent check and cost me $225 out of pocket costs plus closer of bank account, cost over $200 in late fees on credit card payments due to fraudulent check deposited by individual representing CashNetUSA! Be CAUTIOUS! I have contacted CashNetUSA via email and text, never recieved reply back. Photo of fraudulent check posted in this review.

Date of experience: April 8, 2021
Maryland
1 review
3 helpful votes
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This is the WORST company to borrow money from. They take advantage of people's hardship and char exorbitant amounts of interest and fees. For a 1500 loan, your payment will be $350.00. When you make payments, your loan balance goes down very little. For a $1479.00 payoff, they tacked on additional money taking it to $1879.00. That is ridiculous. I would AVOID this company at all cost. They have no care or compassion for their customers. They are a complete ripoff. I discourage ANYONE from doing business with them.

Date of experience: March 10, 2021
Louisiana
1 review
14 helpful votes
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0 Stars for these CROOKS
January 22, 2021

These people are crooks. If you're looking cash in a bind with no high interest rates I urge you to try LendUp or Speedy Cash. They offer loans and depending on your payback history, multiple ones at the same time. Cashnetusa used to be reliable & descent when they offered the $300 payday loan. As soon as they switched to installment loan option I was done. You will end up paying 10x or more what they loan you. I urge you to PLEASE go else where and stay far away from these crooks.

Date of experience: January 22, 2021
Virginia
1 review
9 helpful votes
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I am in Virginia I was loaned $2000. 00 from cashnetusa! I paid the between 11/6-12/31 $2360. 32 and they say I still owe $ 947.00 left how is that possible 500%interest total rip off! I think I will fight this one in court!

Date of experience: January 16, 2021
Colorado
1 review
10 helpful votes
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Total rip off
January 11, 2021

I was granted a loan of $1,000 and when I signed up Initially it said I would have to pay back 1200. But I've already paid off 1,400 so I called them to discuss how much more do I owe... like wtf?!. The agent told me I had 5 more payments from the 7 payments I already made. Taking $200 every 2 weeks was killing me after paying the 1,400... like seriously?! Straight up RAPE. I'm closing my account. I'm not about to pay 2,400 for a 1,000 loan during a pandemic. Ill let it go to collections then settle from there... lesson learned. Heartless to say the lease. Dont borrow from this company it puts you in a deeper hole than your already in.

Date of experience: January 11, 2021
Colorado
1 review
13 helpful votes
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This sham of a company allowed someone to use my stolen social security number and birthdate to take out a loan in my name. A fake driver's license was used so proper identity was never verified. Further, I have my credit tagged for fraud alert with credit bureaus and this failed to stop this theft. Now Cashnet.usa is harassing me and threatening my good credit standing. This company should be avoided at all cost.

Date of experience: November 16, 2020
Georgia
2 reviews
13 helpful votes
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DO NOT USE THEM
July 22, 2020

They are a predatory company that preys on financially struggling consumers. Their interest rate is so high that if you will never pay them fully off. It is better to let the loan go to a collections agency than to try and pay them. You can never talk to anyone unless they are harassing you for payment.

Date of experience: July 22, 2020
Louisiana
1 review
20 helpful votes
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Rape is legal
June 2, 2020

I paid my loan off in full as all it did was bury me farther in a hole@ 299 % interest. It makes me feel so good to know that there are companies out there like yours just waiting to rape people of there $ in the most desperate of times. Hope every last employee & owner sleep well!

+1
Date of experience: June 2, 2020
Georgia
1 review
8 helpful votes
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This is the worst loan company I ever had to deal with! They are a rip off and you'll be paying the money borrowed forever. I've been paying my loan back for 5 months and it only shows I paid off $100 out of the few hundred dollars I borrowed. And they take over $100 out my account every two weeks. Getting money from a loan shark is better then them!

Date of experience: April 14, 2020
Florida
3 reviews
10 helpful votes
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You cant talk to anyone AT ALL EVER. Its so frustrating and then they pawn off these AI robot things that text you as real people who do NOT do anything and just send canned garbage responses its so frustrating.

Date of experience: March 12, 2020
Virginia
1 review
13 helpful votes
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WORSE THAN BOOKIES!
January 25, 2020

Biggest ripoff I've ever seen! Borrowed 1700 paid back over 2000 before I asked for payoff was 1800 after 3 months of payments 1 day later was to payoff went back up to 2000 so $200 in 1 day terrible! Do not ever use this place to borrow money they will put you in a worse off situation than you already are in. They take advantage of people who have money issues! DO NOT USE!

Date of experience: January 25, 2020
Florida
1 review
5 helpful votes
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Fraud
March 7, 2018

They infiltrate you banking. Deposit fraudenlant checks. In the end youre in debt. They told me they were wire to my account. In reality they deposited a bogus check. So while in thinkinking this has to to be true. They made money off me. Ps I never received the loan

Date of experience: March 7, 2018
Nevada
1 review
3 helpful votes
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After I wasted my time after there saying I'm approved I get a email saying I'm not to those out there with bad luck such as me and on disibility don't even try these phony B@#$&/$"

Date of experience: March 20, 2017