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How to Borrow Money from Cash App (GUIDE)

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In the age of digital banking, Cash App has emerged as a significant player, offering a myriad of services, including the ability to borrow money. This feature, aptly named ‘Cash App Borrow,’ is a boon for those in need of quick financial assistance. This detailed article aims to guide you through the process of borrowing from Cash App, delving into eligibility requirements, understanding interest rates, repayment terms, and more.

How to Borrow Money from Cash App (GUIDE)

Understanding Cash App Borrow

cash app borrow

Cash App Borrow is a short-term loan feature that allows eligible users to borrow money from Cash App. Unlike traditional loans, the process is quick, often requiring just a few taps on your smartphone. However, it’s not universally available to all Cash App users. Eligibility is determined by several factors, including your usage of the app.

You can contact Cash App Borrow Money support at 1 (850) 331-1967, available from Monday to Friday, 9:00 AM to 7:00 PM EST, to inquire about borrowing. The service charges a 1.25% interest rate weekly, along with a 5% fee on the loan amount.

A maximum of $200 can be borrowed from Cash App within a 30-day period. This borrowed sum is due for repayment after 4 weeks, and upon settlement, you’re eligible to borrow another $200. However, if you fail to repay within 4 weeks, additional fees may apply.

Cash App also offers banking features like the Cash Card and direct deposit, along with the capability to link bank accounts for easy fund transfers. Users can send and receive money from friends and family through the app.

Eligibility Criteria for Cash App Borrow

To access the Cash App Borrow feature, you must first meet certain criteria:

  • Regular Use: Frequent transactions through Cash App can improve your chances of being eligible.
  • Transaction History: A solid history of receiving and sending payments on Cash App is considered.
  • Financial Health: Although not explicitly stated, your overall financial health might play a role in determining eligibility.

How To unlock the borrow feature on Cash App

  • Open your Cash App account.
  • Tap on ‘Borrow’ in the Cash App.
  • Choose an amount between $20 and $200.
  • Select ‘Unlock’ on the app.
  • Contact Cash App Support at +1-850-331-1967 or 1-(850) 331-1967.
  • Choose ‘Activate Borrow Feature’ to proceed with borrowing.
  • Select ‘Contact Us’ at 1-850-331-1967.
  • Confirm your choice.

Step-by-Step Guide to Borrowing from Cash App

  1. Launch Cash App: Ensure your app is updated to the latest version.
  2. Navigate to Your Profile: Tap on the profile icon on the home screen.
  3. Look for ‘Borrow’ Option: Scroll to find the “Borrow” feature. If it’s not visible, you might not be eligible at the moment.
  4. Choose Borrow Amount: Eligible users will see the maximum amount they can borrow. Select the amount you need.
  5. Understand the Terms: Review the interest rates, fees, and repayment schedule carefully.
  6. Confirm Loan: If you agree with the terms, confirm to proceed and receive the funds.

Interest Rates and Fees

The cost of borrowing includes interest rates and potential fees:

  • Interest Rates: Cash App typically applies a flat interest rate to the loan, which is clarified in the loan terms.
  • Late Fees: Delayed payments can incur additional fees.
  • Transparency: Cash App is known for its straightforward approach, usually without hidden fees.

Repayment Terms and Conditions

Understanding and adhering to repayment terms is crucial:

  • Repayment Deadline: The app specifies a deadline for repaying the borrowed amount.
  • Automatic Deduction: The repayment amount may be automatically deducted from your Cash App balance or linked bank account on the due date.

Pros and Cons


  • Ease of Use: The entire borrowing process is conducted through the app, making it extremely convenient.
  • Immediate Fund Access: The borrowed money is usually available instantly.
  • Clarity of Terms: Cash App provides clear information on interest rates and repayment schedules.


  • Limited Access: The feature is not available to all users.
  • Potentially High Interest Rates: Rates may be higher compared to conventional loans.


Borrowing money from Cash App can be a convenient and quick solution for immediate financial needs. However, it’s vital to understand the terms thoroughly and ensure timely repayment to avoid additional charges and maintain good standing with the service.

Frequently Asked Questions

How much can I borrow from Cash App?

The amount varies per user, based on your Cash App activity and other factors. It typically ranges from $20 to $200.

What are the interest rates for Cash App Borrow?

Interest rates can vary. Check the specific terms presented to you in the app for the most accurate rate.

How quickly do I need to repay a Cash App loan?

Repayment terms are set when you borrow the money, usually within a few weeks to a month.

Can anyone borrow money from Cash App?

No, this feature is available based on eligibility criteria like your Cash App usage history and possibly your financial standing.

What happens if I can't repay the Cash App loan on time?

Late repayment may result in additional fees and could impact your ability to use the Borrow feature in the future. Always read the terms carefully.

Are there any risks involved in borrowing from Cash App?

As with any loan, there's a risk of accruing additional fees if you fail to repay on time. Consistently missing payments could also affect your future eligibility for this feature.

Can Cash App Borrow affect my credit score?

Currently, Cash App does not report borrowing activity to credit bureaus. However, it's important to use the feature responsibly as internal factors may affect your eligibility for future services.

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