How to Borrow Money from Cash App?

September 9, 2024 1 Min read Views 8 NEWS

Cash App offers a feature called Cash App Borrow, which allows eligible users to borrow small amounts of money. However, this feature is not available to all users and is currently in a testing phase for select individuals. Here’s how it typically works: To borrow money from Cash App, open the app and check if the Borrow option is available under the Banking tab. If eligible, you can borrow between $20 and $200, repayable in four weeks with a flat 5% fee. Not all users have access to this feature, as eligibility depends on factors like account activity and usage. Keep in mind that borrowing from Cash App incurs a small fee 1-, so make sure to review the terms and conditions before proceeding.

Tags: Cash App Support

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