Cashadvance Review

What is CashAdvance.com?

CashAdvance.com is an online platform that connects borrowers with lenders for short-term loans. The platform matches individuals with lenders who are willing to offer loans ranging from $200 to $10,000. CashAdvance.com does not directly lend money, but instead facilitates the lending process by providing a network of registered lenders. The platform has been reviewed positively for its ease of use, quick approval process, and ability to help those with bad credit.

Is CashAdvance.com Legit?

Based on reviews from various sources CashAdvance.com appears to be a legitimate online platform for connecting borrowers with lenders. The platform has been noted for its transparency in the loan process, quick approval times, and ability to help those with bad credit obtain loans. However, it is important to note that short-term loans can come with high interest rates and fees, so it is important to read and understand all terms and conditions before accepting a loan offer.

Borrower Profile

Here are the requirements that borrowers must meet to apply for a loan through CashAdvance.com:

• Be a U.S. citizen or permanent resident, at least 18 years of age
• Have a valid checking account
• Have a valid home and work phone number and email address
• Be employed for at least 90 days with a minimum monthly income of $1,000
• Have a valid home and work address
• Provide personal information, including address, phone number, ID number, social security number, and date of birth
• Pass a background check
• Not be a resident of certain states, including Oregon, Montana, Utah, Arizona, Texas, Arkansas, Georgia, North Carolina, West Virginia, Maryland, Pennsylvania, New Jersey, New York, Connecticut, Massachusetts, Vermont, New Hampshire, Maine, and the District of Columbia

Additionally, the minimum loan amount is $200, and the maximum is $10,000. Loan repayment terms can range from seven to 356 days, depending on the agreement with the lender. Finally, borrowers must keep in mind that the lender sets the APR and fees on the loan, and the CashAdvance.com website only provides a basic estimate.

Summary

CashAdvance.com is a platform that matches borrowers with lenders for short-term loans ranging from $200 to $10,000. The platform has minimal requirements for borrowers, including being a U.S. citizen, at least 18 years old, employed for at least 90 days, and earning a minimum of $1,000 per month. Borrowers also need a valid checking account, home and work address, phone number, email address, and identification number. CashAdvance.com is a legitimate platform, but borrowers should be aware of the high-interest rates and fees associated with short-term loans.