If you are thinking about getting an RV loan, you want to be confident that you are getting the best possible deal. We put this guide together so you wouldn’t have to do the research all alone.
After a whole lot of research, the following is what we learned about CashUSA’s loan program. Keep reading if you want to learn more.
At a Glance
CashUSA can be great for anyone trying to become approved for an RV loan with bad credit. The company accepts all types of credit, offers loans between $500 and $10,000, and sends the money right to your bank account. Not only that, but the brand is known for supplying their decision on the loan within minutes.
Of course, you will want to get the lowest interest rate that you can. The interest rate you end up with could be between 5.99% and 35.99%, depending on a variety of factors. The company’s loan terms are from 3 to 72 months.
We saw a lot of range in the types of loans offered on CashUSA.com. CashUSA can technically be used to provide a loan for just about anything, which is why they have such a broad range to provide to borrowers. You might be able to get a fantastic deal when trying to finance your new RV if you have the right credit score.
Keep in mind that CashUSA tends to offer smaller loans than the average RV loan. If you need more than $10,000, they will not be able to help you very much. It would be helpful to compare other RV loans.
Pros Explained
CashUSA’s website is an online lending portal, which means the company can connect you with other lenders as well. You just need to fill out one online application to access various lenders that are likely to approve your loan request. This process works well no matter what your credit score is but gives people with bad credit a chance at a loan.
Since many lenders use the site, you can browse terms, fees and interest rates, and loan amounts directly on the website. You can be confident that they have funds available for your loan because of all the lenders there.
Cons Explained
The biggest downside to using this service is the reputation that it has. CashUSA.com offers payday loans, which many people struggle to get out of due to high interest rates. They are not a direct lender, so you do also have to deal with that. The company’s maximum loan amount is $10,000, which will not get you a brand new RV either.
Who is This Lender Best For?
We think that CashUSA is best for those who just need a little more cash to afford their RV. Since they only lend up to $10,000, the odds are pretty high that you will not be able to afford an RV with just that.
Plus, if you have a lower credit score, you are still likely to receive a loan from this company. If other companies have turned you down, but you still want to get your RV, we would say this lender may work out.
What Type of RV Loans do They Offer?
CashUSA offers loans for everything, and you can take them out for anything. That means you will have to search through their lender database and find someone willing to finance your RV. This information is always changing.
Your best bet would be to check the site often after filling out an application. From there, you will see plenty of loans and find one that works the best for you.
What Types of Credit Scores do You Need?
Since there are plenty of lenders available in this portal, the answer is any credit score! Whether you have the best or a not-so-good credit score, you will be able to find loans.
Your credit score will still affect many aspects surrounding your loan, but you do not necessarily need to be at a certain level to apply.
What Kind of APR Can You Expect?
The APR will vary, although you can expect it to be between a range of 5.99% and 35.99%. It will depend on the lender that accepts your application, so we can not give you a specific number.
Other Financial Products Offered
Since their loans can technically be for anything, they offer just about everything you can imagine- including a loan for your RV. Overall, you will find financial products for everything that you could need through this lender portal.
The Customer Service Experience
CashUSA always seems to be willing to listen to the needs of the customer. If you have any questions, contact them and let them know what you are thinking. The company has customer service representatives available during regular office hours.
There are many ways you can get in touch with them. Calling CashUSA is simple. If you prefer email, you can do that too. You can also submit a query through the website if you so choose.
All of the reviews on the customer service of CashUSA seem to point to the customer service team being reliable and willing to support its customers.
How to Bank With Them
Since CashUSA is a lender portal, you will only be able to bank with them online. However, this does still give you the ability to access your loan information from anywhere. You could bank with them through a computer or open their website on your phone’s browser while you are on the go.
Comparison to Other Lenders
Another popular lender portable would be Credible. That company offers a maximum loan of $100,000, making them much better suited for an expensive purchase like an RV. The APRs they offer are a little better at 3.49% to 35.99% as well. And finally, their loan terms run from 24 to 84 months.
Another lender portal to try out would be LendingTree. Their maximum loan is $50,000 with 3.99% to 35.99% APR. The loan terms they offer range from 3 to 180 months as well.
Overall, CashUSA is a better option if you already have most of the funds you need since they only offer smaller loans. If you need a lot of money to finance an RV, you might want to check out a different lender before you decide to go with CashUSA.\
As stated earlier, CashUSA offers payday loans on their portal, so approach those with caution if you end up choosing this lender.
Lender Terms
The lender terms will differ, like all of the other information you can find through CashUSA. Your lender terms are going to be different depending on how you fill out the application.
On average, you might expect to find loans that are between 90 days and 72 months.
Eligibility Requirements
The requirements for this brand are pretty simple, you probably already qualify. They are:
- You are at least 18 years old
- You are a U.S. citizen or a permanent resident
- You have valid checking account in your name
- You have a steady income of at least $1,000 every month
- You give CashUSA your home phone number and work number
- You give CashUSA your valid email address
Even if you meet all of these basic requirements, that does not mean that a lender will accept your application. The brand will give your information to a lender, who then decides if they think your application is suitable.
How to Apply
If you want to apply, simply visit CashUSA.com with all of the information you need on hand. From there, the website will walk you through the entire process, so you do not have to worry about anything.
Once you have filled out your application, it just takes a few minutes for potential lenders to appear on your screen. If you want to get your RV loan right now, CashUSA is a decent option to supply more funding.
The Bottom Line
CashUSA offers a fast loan service that is great if you are looking for a little bit extra to fund your RV purchase. Their loans are easy to qualify for, and the application is straightforward to fill out. As long as you have all of your essential information at the ready, it takes very little time to get a loan through this company.
Plus, plenty of users say that this was the best option for them to get a small loan. The process was quick, and they had options between lenders that might accept their application.
Overall, CashUSA is a great option for some and a decent lender for many when it comes to RVs. The usefulness of this company to you will depend on how much money you already have saved up for your RV- if you need like $10,000 or less, CashUSA can help you out.
