How to Borrow Money from Cash App

Imagine you’re in a pinch—car repairs, an unexpected bill, or just bridging the gap until payday. You’ve heard whispers about borrowing money from Cash App, but how does it work? Can you really get a quick loan through an app you already use for sending money to friends? In this detailed guide, we’ll walk you through how to borrow money from Cash App, covering everything from eligibility to repayment, so you can make informed financial decisions with confidence. Whether you’re wondering “Can I borrow money from Cash App?” or “How do I get the borrow feature on Cash App?”, we’ve got you covered with actionable steps, tips, and answers to common questions.

What Is Cash App Borrow?

Cash App Borrow is a short-term loan feature offered by Cash App, a popular mobile payment platform. It allows eligible users to borrow small amounts, typically between $20 and $200, directly through the app. Unlike traditional bank loans, Cash App Borrow is designed for quick, convenient access to funds with a straightforward repayment structure. However, this feature is still in a limited rollout, meaning not every user has access to it. Understanding how to get a loan from Cash App starts with knowing what makes this feature unique and whether it’s available to you.

Why Borrow Money from Cash App?

• Speed: Funds are typically available instantly after approval, making it ideal for urgent needs.
• Convenience: The entire process is handled within the Cash App, no paperwork or bank visits required.
• Clarity: A flat 5% fee is charged, and terms are clearly outlined, so you know exactly what you’re paying.
• No Credit Impact: Cash App Borrow loans are not reported to credit bureaus, so they won’t affect your credit score (though late payments could impact future eligibility).

Problems with Cash App Borrow

• Limited Availability: Not all users can access the borrow feature, and eligibility criteria are not fully transparent.
• Small Loan Amounts: The maximum loan is $200, which may not suffice for larger expenses.
• Fees for Late Payments: If you miss the four-week repayment window, a 1.25% weekly finance charge applies, potentially increasing costs.
• State Restrictions: Borrowing is only available in select U.S. states, and Cash App doesn’t specify which ones are excluded.

How to Borrow Money from Cash App: Step-by-Step Guide

Now, how do you borrow money from Cash App? Follow these steps to check eligibility and apply for a loan. Note that the borrow feature may not appear for everyone, as it’s still in a testing phase.

Step 1: Open Cash App and Check Eligibility

1. Launch the Cash App on your smartphone (available for iOS and Android).
2. Navigate to the Banking Section: Tap the balance or bank icon in the bottom-left corner (sometimes labeled “Money” or “Banking”).
3. Look for the “Borrow” Option: If you see “Borrow” under the Banking section, you’re eligible to proceed. If not, the feature isn’t available to you yet.

Tip: If the “Borrow” option doesn’t appear, avoid external notifications claiming you’re eligible—these are often scams. Always check within the app.

Step 2: Unlock the Borrow Feature

• Tap on “Borrow” and select “Unlock” if prompted. Cash App may require you to verify personal information, such as your name, address, or Social Security number, to activate the feature.
• Cash App will display your borrowing limit (up to $200, depending on your account activity).

Step 3: Choose Your Loan Amount

• Select an amount between $20 and $200, or enter a custom amount by tapping the three dots. Your limit is determined by factors like your Cash App usage, deposit history, and repayment behavior.
• Review the loan details, including the 5% flat fee (e.g., $5 for a $100 loan) and the repayment due date (four weeks from the loan date).

Step 4: Select a Repayment Plan

Cash App offers three repayment options to suit your financial situation:

1. As You Get Cash: 10% of each deposit into your Cash App account is automatically deducted to repay the loan.
2. Four Weekly Payments: The loan is divided into four equal payments, due weekly.
3. Pay in Full: Repay the entire loan amount plus the 5% fee at once by the due date.

Note: You can set up automatic payments to avoid missing deadlines, or make manual payments through the app.

Step 5: Review and Accept the Loan Agreement

• Carefully read the user agreement, which outlines the loan terms, fees, and consequences of late payments.
• Confirm your borrowing request. Once approved, the funds are deposited instantly into your Cash App balance, ready for use.

Step 6: Repay Your Loan

• Repayments are automatically deducted from your Cash App balance or linked bank account based on your chosen plan.
• If you miss a payment, Cash App provides a one-week grace period. After that, a 1.25% weekly finance charge is added until the balance is paid.
• Paying on time can improve your borrowing limit for future loans.

How to Qualify for Cash App Borrow

Wondering how to become eligible to borrow from Cash App? Eligibility is determined by several factors, though Cash App doesn’t publicly disclose all criteria. Here’s what we know:

• Age and Residency: You must be at least 18 years old and a U.S. resident. Borrowing is not available in all states, though specific excluded states aren’t listed.
• Active Cash App Usage: Regular transactions, such as sending/receiving money or using the Cash Card, increase your chances.
• Direct Deposits: Setting up direct deposits (e.g., $300 or more monthly) can boost eligibility and borrowing limits.
• Cash Card Activation: Having an active Cash Card linked to your account may improve your odds.
• Credit History: While a good credit score isn’t strictly required, Cash App may review your credit history. Some users with poor credit have reported accessing the feature.
• Account History: A consistent history of deposits and transactions, especially high monthly deposits (e.g., $1,000), can unlock higher loan amounts.

Tips to Increase Eligibility

• Use Cash App Regularly: Make frequent payments, transfers, or purchases with your Cash Card.
• Enable Direct Deposits: Set up your paycheck or other regular deposits to flow through Cash App.
• Maintain a Balance: Keep a small balance in your account to demonstrate financial activity.
• Repay Loans on Time: If you’ve borrowed before, timely repayments can increase your limit and maintain eligibility.

Note: There’s no guaranteed way to unlock the borrow feature, as Cash App selects users based on proprietary algorithms.

Cash App Borrow Requirements and Eligibility

To summarize cash app borrow requirements, you’ll need:

• A verified Cash App account.
• Regular app usage (transactions, deposits, or Cash Card activity).
• Residency in a state where borrowing is available.
• At least 18 years of age.
• A linked bank account for repayments.

Cash App Borrow Interest Rate and Fees

• Flat Fee: A 5% fee is charged on the loan amount (e.g., $10 for a $200 loan). This translates to a 60% APR over four weeks, which is high compared to personal loans but lower than typical payday loans (around 400% APR).
• Late Fees: After a one-week grace period, a 1.25% weekly finance charge applies, potentially increasing the APR to 70% or more if payments are delayed.
• No Prepayment Penalties: You can pay off the loan early without additional fees.

How Much Can You Borrow from Cash App?

The maximum Cash App borrow limit is $200, though some users report higher limits (up to $500 or $700) in rare cases. Your limit depends on:

• Account Activity: Frequent deposits and transactions.
• Repayment History: Timely repayments can increase your limit.
• Deposit Amounts: Regular deposits of $1,000 or more monthly may qualify you for the maximum $200.

Where Is Cash App Borrow Available?

Cash App Borrow is only available in select U.S. states, and the feature is limited to a subset of users within those states. According to Cash App’s loan agreement, borrowing may be available in states like California, Iowa, Kansas, Massachusetts, Missouri, New Jersey, New York, Rhode Island, Vermont, Ohio, Washington, Wisconsin, and Utah, though this list isn’t exhaustive.

Note: If you move to a state where borrowing isn’t offered, you may lose access to new loans, but you’ll still need to repay existing ones.

When Can You Borrow Money from Cash App?

You can borrow money from Cash App as soon as you’re eligible and the “Borrow” option appears in your app. There’s no specific waiting period, but eligibility is reevaluated periodically based on your account activity.

How Soon Can You Borrow Again After Repayment?

Once you repay a loan, you may be able to borrow again immediately, provided you remain eligible and haven’t reached your borrowing limit. Some users report needing to wait a short period (e.g., a few days) for the feature to reappear.

How Long Does It Take to Borrow Money from Cash App?

The process to borrow money on Cash App is fast—typically taking just a few minutes from application to fund deposit. Once approved, funds are instantly available in your Cash App balance.

Opportunities with Cash App Borrow

• Emergency Funds: Ideal for small, urgent expenses like medical bills or car repairs.
• Bridge to Payday: Helps cover costs when you’re waiting for your next paycheck.
• Build Borrowing History: Timely repayments can increase your borrowing limit within Cash App.
• No Credit Check Impact: Suitable for users with low credit scores who need quick cash without affecting their credit.

Common Problems and Solutions

Why Can’t I Borrow Money from Cash App?

If you don’t see the “Borrow” option, you may not meet the eligibility criteria. Possible reasons include:

• Low Account Activity: Infrequent use of Cash App or no direct deposits.
• State Restrictions: Borrowing isn’t available in your state.
• New Account: Cash App may require a longer transaction history.
• Previous Late Payments: Missed payments on prior loans can reduce eligibility.

Solution: Increase app usage, set up direct deposits, and check back periodically. Alternatively, explore other cash advance apps like Cleo or Viva Payday Loans.

Where Is the Borrow Button on Cash App?

The “Borrow” button is located in the Banking or Money section of the app, accessible via the balance or bank icon. If it’s not visible, you’re not currently eligible.

Cash App Borrow Ended?

There’s no evidence that Cash App Borrow has ended as of May 30, 2025. The feature remains in a limited rollout, and availability varies by user and state. Some users report the feature disappearing, likely due to changes in eligibility or state restrictions.

Alternatives to Cash App Borrow

If you can’t access Cash App borrow feature or need more than $200, consider these alternatives:

• Viva Payday Loans: Offers loans up to $5,000 with 3-24 months to repay and interest rates starting at 5.99%.
• Cleo: Provides interest-free cash advances up to $250 with no credit checks.
• Credit Card Cash Advance: Typically has 3-5% fees but may offer higher limits.
• Personal Loans: Banks or online lenders offer larger loans with lower APRs for those with good credit.

FAQs About Borrowing Money from Cash App

Can You Borrow Money from Cash App?

Yes, eligible users can borrow $20-$200 through the Cash App Borrow feature, repayable over four weeks with a 5% flat fee.

How Do I Get the Borrow Feature on Cash App?

To get the borrow feature, use Cash App regularly, set up direct deposits, activate a Cash Card, and maintain a good account history. Eligibility is determined by Cash App’s algorithms.

Does Cash App Still Let You Borrow Money?

As of May 30, 2025, Cash App Borrow is still available to select users in certain U.S. states, though it remains in a limited rollout.

How Much Can You Borrow on Cash App?

The standard borrowing limit is $20-$200, though some users report limits up to $500 or $700 based on their account activity.

What Are the Requirements to Borrow Money from Cash App?

You need to be 18+, a U.S. resident in an eligible state, an active Cash App user with regular deposits, and have a linked bank account. A Cash Card and good account history help.

How to Unlock Borrow on Cash App Without a Card?

While having a Cash Card improves eligibility, it’s not strictly required. Focus on frequent app usage and direct deposits to increase your chances.

Does Cash App Borrow Help Credit?

No, Cash App Borrow loans are not reported to credit bureaus, so they neither help nor hurt your credit score.

How to Get a Loan on Cash App if Not Eligible?

If you’re not eligible, try increasing your Cash App activity or explore alternatives like Viva Payday Loans, Cleo, or personal loans from banks.

Conclusion: Is Cash App Borrow Right for You?

Borrowing money from Cash App can be a quick, convenient solution for small, short-term financial needs. With a flat 5% fee and no credit score impact, it’s a viable alternative to predatory payday loans. However, limited availability, small loan amounts, and potential late fees mean it’s not perfect for everyone. Before borrowing, assess your ability to repay within four weeks and explore alternatives if you need more flexibility or larger sums.

Ready to try it? Open Cash App, check for the “Borrow” option, and follow the steps above to see if you qualify. If you’re not eligible, don’t worry—keep using the app regularly, and you might unlock the feature soon.

Have questions about how to borrow from Cash App? Drop them in the comments below, and we’ll help you navigate the process!

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Borrowing involves risks, including fees and potential debt. Always review Cash App’s loan terms, assess your repayment ability, and consult a financial advisor before borrowing. Availability and terms may vary by user and state.