Who is Eligible for Cash App Borrow?
While the exact criteria are not fully disclosed, the following factors seem to be important considerations:
- Active Cash App use: You need a history of regular usage, including consistent deposits.
- Location: Some states may have restrictions on short-term lending.
- Creditworthiness: While Cash App doesn’t perform traditional credit checks, they may evaluate your account behavior and history to determine your eligibility.
How to Borrow Money from Cash App?
Cash App, the popular peer-to-peer payment platform, has a feature called “Cash App Borrow” that lets eligible users take out short-term loans. These loans offer a convenient way to access a small amount of cash when faced with an unexpected expense between paychecks. If you’re exploring this option, here’s everything you need to know.