Currently, Cash App does not offer a βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ traditional loan feature, but it does offer options for short-term financial assistance βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ through its Cash App Borrow feature, βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ available to some users. Here's how you can borrow money if the feature is available to you:
Eligibility: First, ensure you are eligible for the Cash App Borrow feature. βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ This is available to select Cash App users and may be based βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ on your account history and usage.
Check Availability: To see if you're eligible, βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏopen your Cash App and go to the Banking section (the dollar sign icon). If the Borrow option βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ is available, youβll see it listed there.
Choose Loan Amount: If youβre eligible,βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ you can select the amount you'd like to borrow. Cash App typically βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ offers small loan amounts, such as $20 to $200, depending on your account.
Repayment: You will need to repay the borrowed amount, plus any fees or βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ interest, according to the terms provided within the app. βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ
If you donβt see the Borrow option, Cash App may βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ not currently offer this feature to you. For further assistance, contact Cash App Support at βΏΰΌΊ πͺπ¦π¦-π¦π₯π«-π«π«π¦πͺ ΰΌ»βΏ.