How to Borrow Money from Cash App? InsTant SUppORt
September 16, 2024 ⚊ 1 Min read ⚊ Views 12 ⚊ TECHNOLOGY
To borrow money from Cash App, follow these steps: Open the app and tap the banking icon on the home screen. If eligible, you’ll see a Borrow option. Tap it, then select the amount you wish to borrow, typically between $20 and $200. Review the loan terms, which include a 5% flat fee and a 4-week repayment schedule. After agreeing, the money will be added to your Cash App balance instantly. If the Borrow option isn’t visible, you may not qualify based on factors like usage or account activity. Always repay on time to avoid penalties.
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