How to Borrow Money Using Cash App: A Step-by-Step Guide


Cash App, a popular peer-to-peer payment and money transfer service, offers a convenient feature called “Cash App Borrow.” This feature allows eligible users to borrow a small amount of money within the app, which can be useful for various purposes. In this article, we will guide you through the process of borrowing money using Cash App.

Important Note: Before proceeding, it’s crucial to understand the terms and conditions associated with Cash App Borrow, including interest rates and repayment terms. Make sure you are aware of the cost and repayment expectations before borrowing money.

Step 1: Download and Install Cash App

If you haven’t already, download the Cash App from your device’s respective app store. It’s available for both iOS and Android platforms. After installing, open the app.

Step 2: Create or Log into Your Cash App Account

If you’re a new user, you will need to create an account by providing your phone number or email address and verifying your identity. Existing users can simply log in using their registered phone number or email and the associated Cash App PIN.

Step 3: Check Eligibility

Not all Cash App users may be eligible for Cash App Borrow. To determine if you are eligible, open the app and navigate to the “My Cash” tab. Look for the “Cash App Borrow” option. If it’s available, you are eligible.

Step 4: Request a Loan

  1. In the “My Cash” tab, tap on “Cash App Borrow.”
  2. Enter the amount you want to borrow. Cash App will display the total repayment amount, including the interest.
  3. Review and confirm the terms of the loan, including the interest rate and repayment date.

Step 5: Accept the Loan Terms

If you agree to the terms of the loan, tap “Accept” to initiate the borrowing process. Be sure to review all the details carefully, as you will be required to repay the loan within the agreed-upon timeframe.

Step 6: Receive the Funds

Once your loan is approved, the borrowed amount will be deposited directly into your Cash App balance. You can use this balance for various transactions or transfer it to your linked bank account.

Step 7: Repay the Loan

Cash App Borrow loans typically come with a short repayment period. Ensure that you understand the repayment date and have sufficient funds in your Cash App balance or linked bank account to cover the loan and interest when the due date arrives.


Cash App Borrow provides a convenient way to access a small amount of money when needed, but it’s essential to use this feature responsibly and be aware of the associated interest and repayment terms. By following this step-by-step guide, you can successfully request and receive a loan using Cash App, allowing you to address short-term financial needs with ease. Remember to budget wisely and fulfill your repayment obligations to maintain a positive financial relationship with Cash App.


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