Cash Central Review

Today, loans and microloans are issued not only by banking organizations but also by other financial organizations. This greatly simplified the process of obtaining money.

To date, to obtain a microloan, a potential borrower may not even leave his own apartment, because to complete this action, you can simply go to the website of the selected credit institution and fill out an online application. After that, funds will be credited to the borrower’s bank card.

One such company is Cash Central. Is Cash Central legit? Are they really scammers? And why it is not worth your attention? Let’s find it out together.

  • APR – 739.96%
  • min max loan amount – $300 – $5,000
  • max loan term – 24 months
  • number of states – 25

How Cash Central Works?

When considering a client’s request for a loan, banking institutions pay close attention to the study of his credit history. If a person has previously made delays in loans, or if he takes a loan for the first time in his life, he is usually refused.

However, at CashСentral, a payday loan can be taken bypassing the applicant’s credit history – that is, in this situation, there are significantly fewer refusals on such transactions.

Taking into account all the above features, it becomes possible to single out several characteristics of Cash Сentral:

  • Decisions are made very quickly. Money is instantly credited to the client’s bank card.
  • You can quickly get a loan, even if the borrower has a bad credit history.
  • The design of the operation is very convenient.
  • To obtain a loan does not require additional documents.
  • There are several ways to repay a loan.
  • The existence of a loyalty program for regular customers.
  • No banking institution can offer its customers such conditions for obtaining loans like Cash Сentral.

Getting a loan at Cash Central

This service contains the conditions, as well as all the necessary information on the implementation of this operation. To obtain a loan, the borrower first fills out a questionnaire, indicating his full name, contact details, ID card, as well as other necessary information.

What else should be noted?

Before you take a loan at Cash Сentral, you should pay careful attention to the study of the conditions and requirements, as well as the amount of overpayment for the loan. Another advantage of this service is that you can immediately see how much interest you have to overpay, and how much you ultimately have to pay for using the loan.

But here comes the matter of numerous Cash Central complaints – the enormously high interest rates. A lot of people arguing that such conditions are almost impossible to be repaid.

In addition, when choosing Cash Central, you should pay attention to whether they transfer money to the bank card of the institution whose services you use.

Since the process of applying for a quick microloan does not include taking into account the borrower’s credit history and solvency, the refusals in this operation are practically minimal.

But, Cash Central can still give you a refusal to issue funds, if you fill out the form with incorrect information. In order not to be denied, try to exclude errors when filling out the questionnaire.

Also, before you take a loan at Cash Central, assess your own financial capabilities. Take a loan only for the amount that you will repay without a significant budgetary constraint.

Cash Central Services

Payday loans

Loan amount between $100 and $2,000.

Usually, funds you wish to get are transferred on the next business day. The APR for this short-term loan may rich the percentage of above the 600% mark. It has to be repaid on the next payday.

Installment loan

Loan amount between $300 and $5,000.

Unlike the above service, the Installment loan doesn’t have to be closed on the next date of the paying process. They repaid in various periods over 6-24 months. Usually, rates for this service are lower, but still, they are much higher than in other MFIs.

Lines of credit (available in Kansas only)

This type of product presented by Cash Central offers more financial flexibility to its clients. You to draw only the amount you need and take respective APR.

Cash Central Loan Requirements

Applying for a Cash Central payday loan is easy and takes 5-10 minutes.

Eligibility criteria:

  • At least 18 years old
  • A verifiable source of income
  • An operational checking account
  • Two valid phone numbers
  • A Social Security number
  • Reside in one of the following states: AL, AK, CA, DE, FL, HI, ID, KS, LA, MN, MS, MO, NV, NM, ND, OH, OK, RI, SC, TN, TX, UT, WA, WI, WY.

Required information:

  • Your name, contact information, date of birth and Social Security number
  • Employment-related information, like your employer’s name and phone number
  • Details about your income
  • Details about your bank account

Is Cash Central Legit?

Cash Central is a member of the Community Financial Services Association of America (CFSA). This company proves its legitimacy by state licenses viewable on their website.

However, you should be aware that legitimacy status doesn’t prescribe that this organization is safe. Unfortunately, we came across a bunch of Cash Central reviews saying that these guys are scammers and frauds.


Despite visible advantages of the site (fast loan obtaining, convenient office location, and so on), we can’t pass by the numerous facts of scams concerning personal accounts of their clients.

The most often issue is that the finances can gradually disappear from your account as well as interest rates are growing, not looking at the conditions prescribed in the contract.

So, it comes clear that this option worth your time only if you can repay your credit on the next day, and immediately close your registered page. Another variant is to take only a minimal amount of cash, but just in case of an emergency. In other situations, look for better organizations.

You should not take a loan in that situation if you are not sure that it will be repaid in due time and in the allotted time – in this case, it is better to look for some more convenient option (solution) for yourself.


  • Quick and easy process
  • Loan funds onto a prepaid debit card
  • Money for any purpose
  • Easier repeat borrowing
  • Easy access to account information
  • Resource center


  • Poor customer support
  • High interest rates
  • Facts of scams
  • Complicated conditions


What is Cash Central?

Cash Central is a short-term lender providing ordinary types of loans for citizens with a bad credit history or a non-sufficient source of income and budget. Its services are available in at least 20 states.

Does Cash Central check your credit?

Yes, it does. However, the refusal is quite a rare situation due to low requirements for getting a loan.

Where is cash Central located?

You can borrow money both online and being in Cash Central office. The location of them can be found on Google Maps or by entering the respective page on the Cash Central Official website.

What is the estimated funding time for Cash Central Payday Loans?

As a rule, Cash Central provides cash approval in less than 60 minutes. In case your card is active, and you have met all the requirements, Cash Central will transfer money in about three business days.