Cash Loans - borrow from $100 - $5000

Need a cash loan to tide you over? zaving has you covered!

Last updated by Zaving Editorial Team, on April 4th, 2024

Looking for quick access to cash? Look no further than our cash loans marketplace. We offer a simple, straightforward process to connect you with lenders who can provide the funds you need in a matter of days.

Our marketplace is designed to make the loan application process as seamless as possible. With just a few clicks, you can submit your information and receive offers from multiple lenders. You'll be able to compare rates and terms, ensuring you get the best deal possible.

Our lenders offer loans for a variety of purposes, from unexpected expenses to home repairs and beyond. And with flexible repayment options, you can find a loan that fits your budget and financial situation.

We understand that applying for a loan can be stressful and time-consuming, which is why we've streamlined the process to make it as easy as possible for you. With our cash loan marketplace, you can get the funds you need with minimal hassle and maximum convenience. So why wait? Start your application today and take the first step towards financial peace of mind.

What is a cash loan? 

A cash loan, also known as a payday loan or short-term loan, is a type of borrowing where an individual can receive a small sum of money for a short period. It is typically an unsecured loan, meaning no collateral is required.

The borrower agrees to repay the loan, along with any fees and interest, by their next paycheck or within a few weeks. Cash loans are commonly used for immediate financial needs, such as covering unexpected expenses or bridging gaps between paychecks. However, due to their short-term nature and high interest rates, it's important to carefully consider the terms and costs before obtaining a cash loan.

What are the different types of cash loans? 

There are several different types of cash loans available, each with its own set of benefits and drawbacks. Here are the most common types of cash loans:

Payday Loans

Payday loans are short-term loans that are designed to be repaid on the borrower's next payday. These loans are typically small amounts, and the borrower is charged a fee or interest rate on top of the amount borrowed.

Installment Loans

Installment loans are loans that are repaid over a set period in regular installments. These loans are typically larger amounts, and the borrower is charged a fixed interest rate on top of the amount borrowed.

Title Loans

Title loans are loans that are secured by the borrower's vehicle. The borrower must own the vehicle outright, and the lender holds the title until the loan is repaid.

Line of Credit

A line of credit is a revolving credit account that the borrower can use as needed. The borrower is charged interest on the amount borrowed, and must make regular payments to keep the account in good standing.

What do I need to qualify for a cash loan?

To qualify for a cash loan, you must meet certain eligibility criteria, which may vary by lender. Some common requirements include:

  1. Age: You must be at least 18 years old.
  2. Residency: You must be a legal resident of the United States.
  3. Income: You need a stable source of income, either from a job or government benefits.
  4. Bank Account: You must have an active checking or savings account.
  5. Credit Score: Lenders may check your credit score, although some offer loans to borrowers with bad credit.

How much can I borrow with a cash loan? 

The amount you can borrow with a cash loan depends on several factors, including your income, credit history, and the lender's policies. Cash loans range from $100 – $5000. It's important to only borrow what you can afford to repay, as high-interest rates and fees can make the loan expensive.

How do I apply for a cash loan online?

To apply for a cash loan on our online marketplace, you'll need to follow these simple steps:

  1. Fill out the online application form: Start by visiting our website and filling out our online application form. You'll need to provide some personal and financial information, such as your name, contact details, income, and employment status.
  2. Choose your loan amount and terms: Once you've submitted your application, you'll be presented with a range of loan options to choose from. You can customize the loan amount and terms to suit your needs and budget.
  3. Provide any additional documentation: Depending on the lender you choose, you may be asked to provide some additional documentation to support your application. This could include proof of income, bank statements, or other financial information.
  4. Review and accept your loan offer: Once you've selected a loan offer that meets your needs, review the terms and conditions carefully before accepting the loan. Make sure you understand the interest rate, fees, and repayment schedule before you sign on the dotted line.
  5. Receive your funds: After you've accepted the loan offer, the lender will typically deposit the funds directly into your bank account within a few business days. You can then use the money for any purpose you choose.

Remember, it's important to borrow responsibly and only take out a loan if you can afford to repay it on time.

What should I consider when comparing cash loan offers from different lenders?

When comparing cash loan offers from different lenders, there are important things to consider. These factors will help you make a good choice that suits your needs. Here are some key points to think about:

  1. Interest rates and fees: Compare how much you will pay in interest and any extra charges. Look for lower interest rates and fewer fees to save money.
  2. Loan terms: Check the details of the loan, like how long you have to repay it and how much you'll pay each time. Make sure the terms work well for you.
  3. Loan amount: See how much money each lender is willing to give you. Make sure it's enough for your needs but not too much to handle.
  4. Application process: Look at how easy it is to apply for the loan. Some lenders let you apply online, which can be more convenient.
  5. Approval time: Find out how long it takes for the lender to approve your loan. If you need the money quickly, look for lenders with faster approval times.
  6. Credit requirements: Understand what credit score or history the lender requires. Some lenders are more flexible with lower credit scores, while others prefer borrowers with good credit.
  7. Customer reviews and reputation: Read reviews and learn about the lender's reputation. See what other customers say about their experience with the lender.
  8. Additional features: Consider any extra benefits offered by the lenders. For example, some lenders may let you change your repayment schedule or make extra payments without fees.

You can make a good decision when comparing cash loan offers by taking these factors into account. Remember to think about your financial situation and choose a loan that fits your needs and ability to repay.

How can I improve my chances of getting approved for a cash loan with a low-interest rate?

To improve your chances of getting approved for a cash loan with a low-interest rate, follow these tips:

  • Check your credit score: Review your credit report to understand your standing and work on improving it by paying bills on time and reducing debt.
  • Compare lenders: Research and compare multiple lenders to find the best loan options for your needs.
  • Maintain a stable income: Lenders prefer borrowers with a steady income, so make sure you have a stable job or regular income.
  • Pay off debts: Reduce existing debts like credit card balances to improve your debt-to-income ratio.
  • Prepare necessary documents: Have documents like proof of income and identification ready for the loan application.
  • Consider a co-signer: Having a co-signer with good credit can increase your chances of approval.
  • Show financial stability: Maintain a budget, pay bills on time, and have a positive banking history to demonstrate financial responsibility.
  • Avoid multiple loan applications: Applying for too many loans at once can negatively affect your credit score, so be selective.

Remember to review each lender's specific requirements and tailor your application accordingly. By following these tips, you can boost your chances of getting approved for a cash loan with a low-interest rate.

Are there any alternatives to cash loans that I should consider?

Depending on your financial needs and circumstances, there may be alternative options to cash loans that could better suit your needs. Some alternatives include:

  • Credit cards: A credit card can provide quick access to funds for emergencies or unexpected expenses. However, credit cards often have high-interest rates, especially for cash advances, so it's essential to repay the balance as quickly as possible to avoid accumulating interest.
  • Personal lines of credit: A personal line of credit is a revolving credit account that allows you to borrow money up to a predetermined limit. Interest is only charged on the amount borrowed, making it a flexible financing option.
  • Borrowing from friends or family: If you have a strong relationship with someone who is willing to lend you money, this could be an interest-free or low-interest alternative to a cash loan.
  • Emergency assistance programs: In some cases, local non-profit organizations or government agencies offer financial assistance for emergencies or basic needs, such as rent, utilities, or medical expenses.

Got further questions about cash loans?

Can I get a cash loan with bad credit?

Yes, you can get a cash loan with bad credit. However, you may be required to pay higher interest rates and fees.

Are cash loans available for self-employed individuals?

Yes, many lenders offer cash loans to self-employed individuals. However, you may need to provide additional documentation, such as tax returns or bank statements, to verify your income.

Do I need a co-signer for a cash loan?

In most cases, you do not need a co-signer for a cash loan. However, having a co-signer with good credit can improve your chances of approval and may result in better loan terms, especially if you have a low credit score or limited credit history.

Is it possible to get a cash loan without a credit check?

No, but we work with many lenders that are very flexible when it comes to bad credit. 

Can I use a cash loan for any purpose?

Generally, you can use a cash loan for any purpose, such as covering emergency expenses, consolidating debt, or financing a large purchase. However, it's crucial to ensure that you can repay the loan on time to avoid additional fees and negative impacts on your credit score.

Are there any fees associated with cash loans?

Yes, cash loans often come with various fees such as application fees, origination fees, late payment fees, and early repayment fees. Always read the terms and conditions to understand the fees associated with a particular loan.

Can I repay my cash loan early?

Many lenders allow you to repay your cash loan early, but some may charge an early repayment fee. Check your loan agreement or consult with your lender to understand their policy on early repayment.

What happens if I can't repay my cash loan on time?

If you fail to repay your cash loan on time, you may be charged late fees, and your credit score may be negatively impacted. It's essential to contact your lender as soon as possible if you anticipate difficulties in making your scheduled payments.

Can I take out multiple cash loans at once?

While it may be possible to take out multiple cash loans, it's essential to consider the risks involved and your ability to repay all loans on time. Overborrowing can lead to financial difficulties and negatively impact your credit score.

Is it possible to extend the repayment term of my cash loan?

Some lenders may offer the option to extend your repayment term, also known as a loan rollover or renewal. However, this often comes with additional fees and increased interest, making the loan more expensive in the long run. It's essential to contact your lender to discuss your options if you're struggling to make your scheduled payments.

How does my state of residence affect my cash loan options?

Each state has its own regulations and laws governing cash loans, which can affect the availability, loan amounts, interest rates, and fees associated with these financial products. It's crucial to familiarize yourself with your state's specific regulations to understand your rights and responsibilities as a borrower.

Can I consolidate multiple cash loans into one?

Yes, it is possible to consolidate multiple cash loans into a single loan, potentially simplifying your monthly payments and lowering your overall interest rate. However, not all lenders offer consolidation loans, and it's essential to carefully evaluate the terms and costs associated with consolidation to ensure it's a beneficial option for your financial situation.