Cash U.S.A. Today Installment Loans Review

Cash U.S.A. Today has been around for some time, and has lent money to more than 100,000 satisfied borrowers. It had its origins in Delaware, but now services nearly half the country, and claims to be a low-risk, hassle-free way for those with bad credit to access small affordable loans.

Bad Credit Best for
3 /5
$ 50 /
Min. Amount
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    Cash U.S.A. Today is available in the following states:

    • Alabama
    • California
    • Delaware
    • Florida
    • Illinois
    • Indiana
    • Kansas
    • Kentucky
    • Louisiana
    • Michigan
    • New Mexico
    • South Carolina
    • Missouri
    • Mississippi
    • Nevada
    • Oklahoma
    • Texas
    • Utah
    • Virginia
    • Washington
    • Wisconsin
    • Tennessee

    Why get an Installment Loan from Cash U.S.A. Today?

    You can borrow from just $50, which is lower than many financiers are willing to offer, and there’s a 72-hour satisfaction guarantee, so if you change your mind in the first three days you can cancel at no cost to yourself. There are no prepayment penalties, so if you stumble across more money than you were expecting, you can pay off your loan early with no repercussions.  

    What does Cash U.S.A. Today offer?

    Loans for first-time borrowers here range from $50 up to $500 and return customers can borrow up to $1,000. This financier prides itself on being a direct lender, rather than a mediator for a collection of online lenders, and attempts to make the application process as simple as possible. 

    Eligibility Criteria

    There’s no credit score or minimum income requirements, but not just anyone can apply for an installment loan here, unfortunately. Due to federal laws, any active service members will be unable to access these loans, as will anyone under the age of 18 or non-permanent residents of the US. You’ll need to submit proof of your income and that you have a savings account. 

    Pros & Cons


    • There’s a low minimum loan amount
    • There are no prepayment penalties


    • The interest rates can be very expensive

    How to apply for a Cash U.S.A. Today Installment Loan?

    You can complete the application process all from the comfort of your home. Just head to the website and spend five or ten minutes filling out the simple forms relating to your personal, financial, and banking information. Once you submit your form, a computer will instantly approve or deny your application, and you can receive your funding within the hour.  

    Rates, Terms, and Fees

    The rates vary a fair bit based on your term length and amount borrowed, but the typical range is somewhere from 365.00% to 1564.28%. There’s a non-sufficient funds fee of $20, but no prepayment penalty, and you can choose to take a loan term for as long as six months, although this is ill-advised due to the high interest payments.  

    Bottom line

    If you need same-day funding of a small sum of cash, have poor credit, and are confident in your means to pay debt off promptly, Cash U.S.A. Today could enable this. But this doesn’t describe most people, and even if this is your situation, there are more affordable lenders out there.

    A better option for small-term loans is Upgrade, which operates in 45 states. While there’s a credit requirement, it's low, at just 620, and there’s the option to use a cosigner to get around the issue.