Cash Central Review offers payday and installment loans for those looking for a quick loan. People that find themselves needing money quickly during a bind may be looking for a payday or installment loan. After all, traditional loans can take too long when you need cash fast, and if you have poor credit, may not be available.

If you are one of these people who doesn’t know where else to turn but need your loan quickly for one reason or another, we understand! can point you in the right direction and help you figure out your financial issues. Let’s dive into our Cash Central Review.

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General Information About Cash Central

Cash Central Review

First founded in 2005, Cash Central now runs in 23 different states, even operating a few physical storefronts. Regulations and laws surrounding loans differ depending on the state you reside in, so you may have different access to various loans that Cash Central offers. has a wide variety of lenders spanning across the United States, meaning your loan will be personally tailored to fit your specific state. is legally registered in each state, ensuring you are in the best of hands. 

The Pros of Cash Central

No Cash Central comparison is complete without knowing the pros and cons.

There are a lot of positives that come from acquiring loans from Cash Central. Borrowers must know the ins and outs of the loans that they are applying for. Some of the pros include:

  • Loans are speedy
  • Access to installment loans
  • Line of credit loans
  • 24/7 usage
  • Simple application process

Payday Loans—Speed is perfect for those looking for help with payday loans or a cash advance. A payday loan is often offered and paid back quickly—the entire process is done in a few weeks. They are often offered as emergency options, not as viable long-term loans. 

That being said, Cash Central offers payday loans to those that are interested. The loan amounts offered by Cash Central are not extremely large and are often paid back by the borrower’s next paycheck. Payday loans work well for those that can pay the money back very quickly. If you know you will have the loan amount back by your next paycheck, a payday loan may be the best option for you. 

Payday loans are unsecured, meaning if a borrower defaults on their loan or does not pay it back, there is no risk of your house or personal belongings being taken as a consequence. This works well for those that don’t want to or can’t put their house as collateral. 

Another significant aspect of a payday loan is that they most likely will not check your credit. This means that Cash Central will offer loans no matter your credit—a beneficial aspect to those that struggle with credit. 

Installment Loans

Installment loans are slightly longer-term than payday loans. A borrower may pay back an installment loan with installments spanning various months, depending on the plan. Cash Central generally offers installment loans up to $5,000, depending on your area of residence and what your specific needs are.

Installment loans are an excellent option for those that may not be able to pay their loan upfront. Instead of opting for a payday loan that requires the entirety of the payment quickly, installment loans allow the borrower time to get the money together each month, or week, or what have you. 

These are better for those who need to space out payments but still need a boost of emergency cash.

Line of Credit Loans

Cash Central offers a line of credit loans that allow borrowers to take out loans depending on their credit. If approved, the borrower can withdraw as much as they are qualified for based on their credit score. This is great for those that have the good credit to sustain taking out the loan. 

If you have higher credit, you can take out more money than might otherwise be available with a short-term loan. A credit line is directly related to your credit, meaning you cannot take more than you qualify for. It’s crucial to repay a line of credit loan quickly as they are often high interest. They are great for fast money but require quick payback. 

24/7 Usage

While other banks and money lenders may only operate during certain hours, Cash Central offers 24/7 convenience. The website is accessible at any time, any day of the year. There will never be a time that you cannot apply for a loan at Cash Central, so even if your emergency happens in the middle of the night, you’ll be fine. 

The convenience of applying at any time means you are never left waiting for money or applying. You can access a loan and get your money whenever needed! 


The process of applying and acquiring a loan through Cash Central is straightforward, unlike many other short-term lenders. Borrowers can apply, figure out what they qualify for, and get their money fast. There are no long wait times or issues with money. There are no long forms or extensive checks that delay your loan. 

The speediness and simplicity of acquiring your loan through Cash Central really push the site up above competitors—you can rest easy knowing you can access money shortly and simply. 

The Cons of Cash Central

While there are many pros associated with payday, installment, and line of credit loans, there are quite a few cons as well. For example:

  • Expensive and unexpected fees
  • High-interest rates
  • Need good credit
  • Lack of adequate checks and balances

Expensive and Unexpected Fees

While payday loans offer quick money and are great in a pinch, there are some downsides. Many people don’t realize that taking out a payday loan can cause a few issues—if you don’t have the money to pay the loan pay almost instantly, issues may arise. 

Though Cash Central may offer a speedy and quick turnaround, there are sometimes problems. Being unsecured, there is no risk of your house or belongings being taken as collateral. However, other methods may be taken should you not pay your loan back. Lenders may send your unpaid loan to a debt collector or even take you to court for your delinquent loan. 

Cash Central offers quick loans, but there may be consequences. A borrower’s credit will not be checked for a payday loan offered by the site, but that means more responsibility lands on the borrower’s shoulders. While a different lender may not offer as big as a loan if a borrower has a lower credit score, Cash Central does not consider it. This means that the borrower may take off more than they can chew. In the end, the responsibility lands on the borrower’s shoulders. 

Payday loans are also more expensive than long-term loans. The interest rate on a payday loan is exceptionally higher. Due to a payday loan not checking credit and providing money in a speedy timeframe, the interest is much higher. This makes a payday loan more expensive over time. 

Payday loans are known for taking advantage of borrowers. It is well known that payday loans prey on those that don’t necessarily understand the terms and conditions. Many borrowers don’t comprehend the actual terms they agree to due to payday loan’s misleading promises. Since Cash Central will not check a borrower’s credit score for a payday loan, they are unconcerned with whether or not they can repay it. 

This cycle often ends with borrowers stuck in an endless debt loop that they cannot escape. They will borrow money, thinking they agree to specific terms, not understanding there are hidden fees and regulations. 

Payday loans often target lower-income borrowers who may be in a pinch and need the money quicker. Reasons like this are why payday loans have garnered such a harsh reputation.

High-Interest Rates

While Cash Central’s installment loans are beneficial to those looking to repay over time, there are downsides. The installment loans require the borrower to have a certain amount each month to repay, while a payday loan requires a one-and-done lump sum. 

Many installment loans are similar to payday loans in the sense that they are expensive, target lower-income borrowers, and may have harsher reputations. Unfortunately, lower-income borrowers may not have the funds each month to repay their loans. This again creates a debt cycle that the borrower cannot escape, ensuring they always owe.

Cash Central may not check a borrower’s credit score in an effort to attract nearly anyone to their loan programs. They are not necessarily concerned with the borrower’s ability to repay. Those that have bad credit and decide to take out an installment loan may find themselves with even lower credit after the deal is done. Being unable to repay your loan back will result in a hit to credit. 

Since installment loans are paid off slower instead of all at once like a payday loan, they accrue a lot of interest. This is not ideal for those that have little money to repay. Many times there are hidden fees associated with installment loans that borrowers are not aware of. This results in the installment loan costing more than initially anticipated. 

Need Good Credit

While there are options for those who don’t have good credit, you’ll get the best rates and larger loan amounts if you have a decent credit score.

For example, line of credit loans, like any other loan, have their drawbacks as well. While it can be convenient to pull out money at any time, it can be dangerous. The ease with which borrowers can access money may result in overspending or overdrawing. Line of credit loans often has higher interest rates than a fixed-rate loan, making them more expensive in the long run. 

Cash Central will monitor your credit and base your loan amount on that, meaning you will need to have a decent credit score to obtain a decent loan. This may disqualify many borrowers from getting a loan they need, making it more selective than payday and installment loans.

There are often fees and expenses that come along with getting a line of credit loan. In other words, borrowers are paying extra each month for this type of loan.  

Lack of Checks and Balances

While Cash Central makes applying for a loan straightforward, that can be a detriment as well. Neglecting insurance aspects like credit and background checks may quicken the overall process, but it does not ensure that borrowers are financially able to take out the loan and pay it back. This often ends with borrowers stuck in a cycle of never-ending debt. 

Overall Reputation and Reviews for Cash Central

Cash Central has garnered a large number of reviews and a steady reputation over time. Even so, to get a good idea of what they’re like as a company, you need to check independent reviews.

Credit Karma

Credit Karma has released its own personal review that details the intricacies of Cash Central’s business model. Credit Karma warns borrowers against entering into a Cash Central loan too quickly, encouraging borrowers to do their research before applying. They warn against accepting a Cash Central loan unless all over avenues have been exhausted, and this is a last-ditch effort. 

Credit Karma suggests borrowers apply for lower-interest loans, as Cash Central loans have incredibly high-interest rates. They also describe the benefits and limitations that come with using Cash Central. Cash Central only offers borrowers one single loan at a time. They also operate by different names in each state, making it difficult to keep track of their work. This can be indicative of shady behavior. 

All in all, Credit Karma only suggests Cash Central for those that are really in a bind and need a loan ASAP. They warn against trusting such a high-interest rate and encourage borrowers to research before agreeing to any one loan. provides an in-depth, detailed review of Cash Central and its loans. The financer praised Cash Central’s ability to access fast loans, 24/7 accessibility, and flexible repayment options. They acknowledge the benefits that Cash Central provides with its quick and straightforward loan options.

That being said, Financer also acknowledges the interest rates and hidden fees that come with Cash Central loans. Financer also notes the disadvantages that come with Cash Central offering different loans in different states. This can make it harder for individuals to find the loans they are looking for in their specific area. 

Many reviews from Financer’s customers noted that Cash Central has terrific customer service, but their loans are costly. In all, Financer customers agree that Cash Central should be a last-ditch effort for a loan and not your first choice. 

Q&A for Cash Central

Still have questions about Cash Central? We’ve got answers!

Which States Does Cash Central Operate In?

Cash Central operates in 23 different states across the country:

  • California 
  • Nevada 
  • Washington 
  • Idaho
  • Utah
  • Alaska
  • Wyoming 
  • New Mexico 
  • North Dakota 
  • Kansas
  • Texas 
  • Minnesota 
  • Missouri 
  • Louisiana 
  • Wisconsin 
  • Tennessee 
  • Mississippi 
  • Alabama 
  • Florida
  • South Carolina 
  • Delaware 
  • Rhode Island 
  • Hawaii 

Each state supports different loan options, so make sure you research the state you live in. 

Which Type of Loans Does Cash Central Offer?

Cash Central offers payday loans, installment loans, and line of credit loans. However, each state will have different options. Borrowers must do their own research about each type of loan to understand precisely what they are getting. 

Cash Central offers options for long-term and longer-term loans, meaning they cover all bases. 

How Do I Qualify for Cash Central Loans, and Do They Require a Credit Check?

Each type of loan that Cash Central offers has different requirements to qualify. Payday loans and installment loans have little to no requirements—if you live in the state that offers that loan, you may qualify.

Line of credit loans, however, require a credit check. Those with poor credit may still qualify for a line of credit loan, but they will not receive as big of a loan as those with better credit would. 

How Much Does Cash Central Cost?

Cash Central prices will differ depending on the type of loan that the borrower applies for. Many of Cash Central’s loans are high interest, making them more expensive. Hidden fees may also drive up the prices in the end. Borrowers must research the type of loans they are looking for to get a reasonable price. 


In the end, Cash Central is a great last resort option. If a borrower cannot find a cheaper loan option with a lower interest rate and needs money exceptionally quickly, Cash Central is a solid choice. That being said, borrowers should keep in mind that Cash Central loans have higher interest rates and may run more expensive than traditional loans. 

Cash Central loans should not be taken lightly, and borrowers should aim for repaying their loans as quickly as possible. You must understand the terms and conditions you agree to, as there are often hidden fees and expenses that you may not be aware of. 

Borrowers should consider Cash Central as a sturdy loan option if they need money quickly. It is not a suitable option for those that may not have the funds to pay it back or are otherwise low on cash. It’s important to remember that payday, installment, and line of credit loans can be predatory, so borrowers should ensure the loans are the right fit for them.

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