People often wonder payday loans Wisconsin online, is CashNetUSA legit? It has proven itself to be an established and legitimate company, so you can know that if you apply for a loan, you will get the money and the fees that you agreed upon will be the fees that you pay.
There’s more to CashNetUSA than just profiting off of loans, too. The company knows that it’s important for everyone to have a financial education, and it has dedicated resources to ensuring its customers are able to take control of their finances. In fact, CashNetUSA offers free online financial education courses and interactive tools to all of its verified customers, to help them get and stay on track. Furthermore, it has partnered with several companies to get its customers discounts on everything from taxes to dining out.
- Straight-forward pricing and rates to prevents any chance of error or confusion
- Fast direct deposit into your bank account so you can get cash from your line of credit right away
- Easy withdrawal repayment option so you never miss a payment
- Live chat customer service, along with phone and email, to answer all your questions and help you if any issues arise
- Instant loan e after submitting an application
- Eligible in 30 states (more than other payday loan services)
Common CashNetUSA Complaints
Any payday loan service is going to have a lot of complaints, just because of the nature of the business, and CashNetUSA seems to have its fair share . People go in not knowing the dangers of payday loans or think they can pay off the loan but end up getting dragged into a cycle of high interest charges because they can’t pay it off. The most common complaints are that interest rates and fees are too high, but if you pay your loan off quickly, the rates are not that expensive. The rates are as high as they are because of the convenience and accessibility of payday loans; almost anyone can qualify, and once the loan is approved, customers can access their line of credit right away.
It’s important to note that the government is cracking down hard on what they call “predatory” loans , which are loans that charge high interest rates to bleed money from those who can’t afford to pay back their loans. These new rules and regulations are making the old complaints about payday loans slowly disappear and are creating a safer, fairer option for short-term loans. If you feel that any payday loan service has taken advantage of you, including CashNetUSA, contact the FTC and let them know about it.
Know that payday loan services cannot help with relieving your debt, so if you are looking for a better way to pay off your debt, try looking into one of the best debt relief companies. You can find individual reviews of National Debt Relief or well-reviewed Accredited Debt Relief here.
Common Reviews of CashNetUSA
As mentioned above, payday loan services don’t have a shining reputation as the most upstanding financial services, which makes reviews like this difficult. On one hand, there is a history of shady practices among many payday loan services, which the government is trying to correct. On the other hand, these services are obviously necessary for a large amount of the population who need temporary financial assistance and can’t qualify for other forms of loans. The key is to understand how payday loans work, pay your loan back on time and contact the proper government agencies if you feel you are being scammed.