How to borrow money from cash app? Want to apply for a short-term loan on the Cash app so that you can perfectly meet your financial needs? Then, there is something you need to be aware of first. Just read the entire blog to get answers to your endless questions about the “Cash app Borrow” feature. 

The “Borrow Money” is the Cash app’s latest feature with the help of which eligible users can take a short-term loan between $20 to $200. Apart from sending and receiving funds from one account to another, the Square cash app also facilitates users in acquiring short-term loan services to manage financial needs. As per the Cash app’s official notification, this “borrow money” option is still under the trial version because of which it is only accessible by a few eligible Cash app users. Businesses and individuals on the Cash app are eager to know whether they are eligible for the feature or not. And they are often seen asking “How to borrow money from cash app?”. To help you borrow money on the Cash app, here we have provided a complete procedure. Apart from this, we have also provided some factors responsible for the unavailability of this loan feature on the Cash app. 

How To Borrow Money From Cash App? 

Although the Cash app allows users to take a short-term loan with simple features, not all cash app users can borrow money through this feature. People who comply with the Cash app terms and conditions and meet eligibility criteria can use this “borrow money” feature.  

If you are an eligible user and this loan option is available on your Cash app’s screen then, you can follow the below procedure to borrow apply for this short-term loan on the Cash app. 

  • First, you will have to open the Cash app and log into your Cash app account. 
  • After logging into the Cash app account, you need to tap on the “Cash app balance tab” available at the bottom of the Cash app screen. 
  • After choosing the “balance” tab, find and tap the “banking” tab. 
  • Now, you will be asked to choose the “borrow” option. 
  • Under the borrow option, there will be available the total amount of money you can borrow on the Cash app. 
  • You just need to tap “unlock” the button.
  • Choose the amount and proceed further as per the instructions shown on the screen. 

To become eligible for the Cash app short-term loan, you must have a verified Cash app account and besides this, also enable the direct deposit option in the Cash app account. 

Does Cash app let you borrow money? 

Yes, the Cash app lets users borrow money between $20 – $200. But unfortunately, this option is not available to all Cash app users. And as it is still under testing, only a few users can avail of this short-term loan facility on the Cash app. But below we have mentioned some factors you need to consider to avail of the loan facility.  

Factors to be considered to become eligible for the Cash app loan:- 

  • To use the “borrow money” feature, a user must have a verified Cash app account. 
  • And with your verified account, you will also have to enable the direct deposit option. 
  • You must be in the good books of the Cash app and never violates its terms and conditions. 

How Cash App Borrow works? 

The Cash app borrow is a short-term loan service available to eligible Cash app users. The money-borrowing feature is not for all Cash app users because it is still being tested for proper functioning. Under this loan feature, a user can borrow up to $200. 

In case, you require more information about the feature, it would be better to contact the Cash app support. To get all the latest insights on the “Cash app borrow”, the Cash app representatives will help you understand everything. 

Why Can’t I Borrow Money from Cash App? 

If the Cash app borrow money option is not available in your Cash app account then, it simply means the Cash app does not consider you an eligible user who can take up this facility. Make sure you have enabled the Cash app direct deposit and using a verified Cash app account. To borrow money on the Cash app, a user needs to adhere to the Cash app’s terms and conditions.  

If you want to check whether you can borrow money or not then, you can simply log into your Cash app account and go to the “Balance” and then tap the “Banking” tab. If the option is available on your screen, you can take a short-term loan on the Cash app. But if the option is not available, it could simply mean that you are not an eligible user for this facility. 

Is Cash App Borrow Loan Feature Safe? 

Yes, the Cash app loan feature is safe to use and users can borrow money from $20 to $200. But the harsh reality is that the feature is not for all Cash app users. Users who do not violate the Cash app terms and conditions and have direct deposit enabled are eligible to take this loan facility.  

How to borrow money from Cash App on Android? 

  1. Log into the Cash app account by submitting valid credentials. 
  2. Here, go to the “Cash app balance” option. 
  3. Now, find and tap the “Banking” option. 
  4. Find the word or option “Borrow”. If the “borrow” option is available on your screen, it means you can take a loan between $20 to $200. 
  5. Tap the “borrow” option so that you could see the total amount you can borrow through this loan facility. 
  6. Now, continue to follow instructions accordingly. 

How to borrow money from Cash App on iPhone? 

  • Launch the Cash app on the device and log into your account. 
  • Go to the “Cash App balance” located left corner. 
  • Choose the “Banking” tab. 
  • Tap the option “Borrow.” 
  • If you see “Borrow,” you can take out a Cash App loan. 
  • Tap on “Borrow.” 
  • Tap “Unlock.” 
  • Cash App will tell you how much you’ll be able to borrow. 
  • All you need to do is – follow instructions till the task is completed. 

how to unlock borrow on cash app 

You need to follow some simple steps here to unlock the Cash app borrow loan feature. 

  • Open the app. 
  • Tap the “Balance”. 
  • Select “borrow”. 
  • If the borrow option is available then, you are eligible for this loan. 
  • Tap “unlock” 
  • The amount will appear on the screen which you are eligible for. 


How to borrow money from cash app? Here in this blog, you can see the complete procedure to apply for the short-term Cash app loan. To get all your questions answered related to the “borrow money”, we would recommend you to read this entire blog.