How To Borrow Money From Cash App? Steps to unlock

Want to take a small amount of money as a loan on a cash app? Don’t know how to borrow money from cash app? If yes then you’re at the right place where you’ll get all your answers. Keep reading this blog:

Borrow is the latest feature of the cash app platform through which one can get a loan of a small amount of money. If someone has an urgent money requirement then they can enable borrow a feature from the cash app. Cash app borrowing is a short-term loan from which users can take out a loan ranging from $20 to $200. Also, users will get a certain time for the money repayment. For the repayment, users will get up to four weeks. However, there will also be a fee for the loan facility which is 5%. To know how one can borrow money, read this blog discreetly:

Does the Cash app let you take a loan?

Yes, it is possible. Cash App has this new feature of money borrowing that lets you take money as a loan from the cash app. However, every user of the cash app cannot take advantage of this feature. Only a few selected accounts based on verified accounts can take loans of $20 to $200.

The thing is Cash App is still in the trial of the Borrow feature so only a few users can get this feature. Different eligibility criteria are needed to meet if someone wants to get this benefit of a loan:

  • The credit history of the cash app user
  • The loan facility on the cash app applies only to a few countries. So, the loan feature on the cash app depends on the country you live in
  • The Cash App usage history is also an eligibility criterion
  • The user must have a verified account on the cash app
  • Cash app users must have an activated Cash Card

How can I borrow money from the cash app?

Before you apply for a loan on the cash app, it is important to unlock the borrow feature first. If you want to do so then here is what a user has to do:

Go to the Cash App balance option

At first, open your account of Cash App on any device. Then you’ll have to click on your “Cash App balance” button. This option will be available at the lower-left corner of the page. After tapping on it, you can proceed to the “Banking” menu.

Search for the borrow option

One thing to keep in mind is that the borrow feature is not available for everyone. It has not been rolled out for every cash app user. So, you will have to look for the “Borrow” option and click on it. You can only take a loan from the cash app if this borrow button is available on the cash app account.  If you are seeing this “Borrow” feature in your cash app then you can take out a loan from the cash app.

Tap on unlock button

In the next step, you will have to click on the “Borrow” option simply. Now, click on the “Unlock” button to enable this option. After that, you’ll have to read the user agreement to proceed. After this, mention the amount you want to borrow as a loan, Bow, you just have to confirm the process to get the loan money.

How can I borrow money on a cash app on a mobile device?

To get access to the cash app to borrow on mobile devices, one first needs to unlock the feature borrow feature. If you want to get the loan on the cash app from a mobile device then here’s what you need to follow-

  • To do so, open the Cash app on your phone, and then you’ll have to navigate to the Cash App Balance. This balance tab will be available at the bottom-left side of the page.
  • Now, you need to tap on the “Banking” option which is present on the Cash App menu.
  • On mobile devices, you will get the ‘Lending’ tab that you need to click to get the loan amount. Through the Lending tab, you will get to know the total loan amount that you are eligible to borrow from Cash App.
  • After this, search for the ‘Unlock’ button. By clicking on this, you will get a display to see how and what amount you can take as a loan on the Cash app.
  • Input the amount that you want to take as a loan and then enter the repayment option.
  • Keep in mind that, Cash App will give loan that ranges from $20 to $200. So, confirm the process after choosing the amount.

Why I am not able to borrow money from the cash app?

There are some reasons because of why sometimes a user doesn’t get money as a loan on the cash app. These reasons are:

  • When you are not using the updated version of the cash App.
  • To avail of the loan, you must be a verified Cash app user.
  • when you have a negative cash app balance, you won’t get the borrow feature
  • In case, users of the cash app are violating the terms and conditions.


Through this blog, one can get to know Cash App Borrow and how to unlock the loan feature on the cash app. Here, we have pointed out all the steps to follow for taking a loan through the cash app on mobile and laptop.