CASH ADVANCE NETWORK Review

Comprehensive information about CASH ADVANCE NETWORK tribal loans, rates, and customer experiences

Tribal Installment Loans

About CASH ADVANCE NETWORK

3.7/5 based on 30 customer reviews

CASH ADVANCE NETWORK is a tribal lending entity owned and operated by the Santee Sioux Nation. Established in 2009, they provide online loan solutions designed to help customers address short-term financial needs with flexible repayment options.

As a tribal lender, CASH ADVANCE NETWORK operates under the sovereign immunity of the Santee Sioux Nation, allowing them to offer loan products that may differ from those regulated by state laws. They specialize in providing installment loans, lines of credit to borrowers with various credit backgrounds, including those with less-than-perfect credit.

Loan Types

Installment Loans, Lines of Credit

Loan Amounts

$1,100 - $7,000

APR Range

220% - 440%

Funding Time

As soon as next business day

Contact Information

Website

www.cashnetwork.com

Phone

820-167-1075

Available Monday-Friday, 8am-8pm EST

Address

300 Financial Way
Santa Fe, NM 30067
United States
Apply Now

Loan Products Offered by CASH ADVANCE NETWORK

CASH ADVANCE NETWORK offers several loan products designed to meet different financial needs. Below is detailed information about each type of loan they provide:

Installment Loans

CASH ADVANCE NETWORK's installment loans provide larger loan amounts with the flexibility to repay over time through scheduled payments. These loans typically range from $500 to $7,000 with repayment terms from 3 to 24 months.

Key Features:

  • Higher loan amounts compared to payday loans
  • Scheduled payments spread over multiple months
  • Fixed payment amounts for easier budgeting
  • More manageable repayment structure
  • Potential to build credit history with on-time payments

Lines of Credit

CASH ADVANCE NETWORK's line of credit offers flexible access to funds up to your approved credit limit. You can draw funds as needed and only pay interest on the amount you borrow.

Key Features:

  • Revolving credit line up to $${(lenderData.maxAmount * 0.8).toLocaleString()}
  • Draw funds only when you need them
  • Pay interest only on the amount borrowed
  • Minimum payments based on outstanding balance
  • Ability to re-borrow funds after repayment

Loan Comparison

Loan Type Amount Range Term Length APR Range Funding Time
Installment Loans $500 - $7,000 3 - 24 months 200% - 390% Next business day
Lines of Credit Up to $5,600 Revolving 210% - 410% Next business day

CASH ADVANCE NETWORK Ratings & Performance

Based on our analysis and customer feedback, here's how CASH ADVANCE NETWORK performs across key aspects of their service:

Application Process

3.5/5

CASH ADVANCE NETWORK offers a streamlined online application process that most customers find quick and easy to complete. The application typically takes less than 10 minutes, with minimal documentation required.

Approval Speed

3.9/5

Customers report receiving loan decisions quickly, often within minutes of submitting their applications. This makes CASH ADVANCE NETWORK a good option for those needing fast access to funds.

Funding Time

3.8/5

Once approved, CASH ADVANCE NETWORK typically deposits funds by the next business day. Some customers report receiving funds the same day if approved before the cutoff time.

Customer Service

3.3/5

CASH ADVANCE NETWORK's customer service team is generally rated positively, with representatives described as helpful and knowledgeable. Some customers note that wait times can be longer during peak hours.

Loan Terms & Transparency

3.1/5

While CASH ADVANCE NETWORK discloses their loan terms and fees, the high APRs typical of tribal loans are a concern for some borrowers. We recommend carefully reviewing all terms before accepting any loan offer.

Overall Value

3.7/5

Considering the accessibility, speed, and convenience offered by CASH ADVANCE NETWORK, they provide reasonable value for borrowers with limited alternatives. However, the high cost of borrowing means these loans should be used for short-term financial needs only.

Customer Reviews & Testimonials

3.7
Based on 30 reviews
5 Stars
45%
4 Stars
30%
3 Stars
15%
2 Stars
7%
1 Star
3%

The installment plan from CASH ADVANCE NETWORK made it so much easier to manage my repayments. I appreciate how transparent they were about all the terms and fees.

Jennifer T.

New York

I was worried about my credit score, but CASH ADVANCE NETWORK was able to help me get the loan I needed. The customer service was excellent throughout the process.

David L.

California

The application process with CASH ADVANCE NETWORK was incredibly smooth. I received the funds the next day and was able to cover my emergency expenses without any hassle.

Lisa M.

Ohio

CASH ADVANCE NETWORK provided the loan I needed, but I would recommend carefully reading all the terms. The total cost of the loan was significant over time.

Thomas B.

Georgia

My experience with CASH ADVANCE NETWORK was mostly positive. The application was easy, but I wish their customer service had more extended hours.

Lisa M.

Ohio

Note: These reviews represent the experiences of individual customers and may not reflect everyone's experience with CASH ADVANCE NETWORK. Loan experiences can vary based on individual financial situations, loan terms, and other factors.

Frequently Asked Questions About CASH ADVANCE NETWORK

Frequently Asked Questions

Find answers to common questions about tribal installment loans.

CASH ADVANCE NETWORK offers Installment Loans, Lines of Credit with amounts ranging from $1100 to $7000. Their loans are designed to help customers address short-term financial needs with flexible repayment options.

After approval, CASH ADVANCE NETWORK typically deposits funds into your bank account by the next business day. In some cases, same-day funding may be available if your application is approved before 11:30 AM Eastern Time on a banking business day.

To qualify for a loan from CASH ADVANCE NETWORK, you generally need to: be at least 18 years old, have a regular source of income, have an active checking account, be a U.S. citizen or permanent resident, and provide a valid email address and phone number.

CASH ADVANCE NETWORK's loans typically have APRs ranging from 220% to 440%, depending on your specific loan terms, amount borrowed, and repayment schedule. It's important to review your loan agreement carefully to understand the exact cost of your loan.

CASH ADVANCE NETWORK may perform credit checks as part of their approval process, but they typically consider factors beyond just your credit score. Many customers with less-than-perfect credit are still able to qualify for their loan products.

Repayments for CASH ADVANCE NETWORK loans are typically made through automatic withdrawals from the same bank account where your loan funds were deposited. The specific repayment schedule will be outlined in your loan agreement.

Yes, CASH ADVANCE NETWORK allows early repayment of loans without prepayment penalties. Paying off your loan early can help you save on interest charges.

Our Verdict on CASH ADVANCE NETWORK

CASH ADVANCE NETWORK offers accessible loan options for borrowers who may have limited alternatives due to credit challenges or urgent financial needs. Their streamlined application process and quick funding make them a viable option for emergency expenses.

However, like most tribal lenders, their loans come with high interest rates and fees. While they provide transparency about their terms, borrowers should carefully consider the total cost of borrowing and only use these loans for short-term financial needs when other lower-cost options aren't available.

Pros

  • Quick and easy application process
  • Fast approval decisions, often within minutes
  • Next-day funding for approved loans
  • Available to borrowers with less-than-perfect credit
  • Flexible loan options with installment repayment plans

Cons

  • High interest rates compared to traditional lenders
  • Potential for additional fees
  • Not available in all states
  • Higher cost of borrowing makes these loans expensive for long-term use
  • Tribal lender status means different regulatory oversight than state-licensed lenders

Final Rating: 3.7/5

CASH ADVANCE NETWORK earns a rating of 3.7 out of 5 stars based on their loan offerings, customer service, application process, and overall value. They're a reasonable option for borrowers with limited alternatives who need quick access to funds, but the high cost of borrowing means these loans should be used responsibly and only when necessary.

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