CASHWELL LOANS Review

Comprehensive information about CASHWELL LOANS tribal loans, rates, and customer experiences

Tribal Installment Loans

About CASHWELL LOANS

3.7/5 based on 24 customer reviews

CASHWELL LOANS is a tribal lending entity owned and operated by the Tunica-Biloxi Tribe of Louisiana. Established in 2019, they provide online loan solutions designed to help customers address short-term financial needs with flexible repayment options.

As a tribal lender, CASHWELL LOANS operates under the sovereign immunity of the Tunica-Biloxi Tribe of Louisiana, allowing them to offer loan products that may differ from those regulated by state laws. They specialize in providing personal loans to borrowers with various credit backgrounds, including those with less-than-perfect credit.

Loan Types

Personal Loans

Loan Amounts

$800 - $5,200

APR Range

214% - 428%

Funding Time

As soon as next business day

Contact Information

Website

www.cashwellloans.com

Phone

814-167-1083

Available Monday-Friday, 8am-8pm EST

Address

240 Commerce Street
Santa Fe, NM 24067
United States
Apply Now

Loan Products Offered by CASHWELL LOANS

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

Personal Loans

CASHWELL LOANS's personal loans provide lump-sum funding for various purposes, from emergency expenses to debt consolidation. These loans typically range from $500 to $5,200 with fixed repayment terms.

Key Features:

  • Lump-sum funding for larger expenses
  • Fixed interest rates for the life of the loan
  • Predictable monthly payments
  • Repayment terms from 6 to 36 months
  • No restrictions on how funds can be used

Loan Comparison

Loan Type Amount Range Term Length APR Range Funding Time
Personal Loans $500 - $5,200 6 - 36 months 184% - 358% Next business day

CASHWELL LOANS Ratings & Performance

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

Application Process

3.5/5

CASHWELL LOANS 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 CASHWELL LOANS a good option for those needing fast access to funds.

Funding Time

3.8/5

Once approved, CASHWELL LOANS 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

CASHWELL LOANS'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 CASHWELL LOANS 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 CASHWELL LOANS, 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 24 reviews
5 Stars
45%
4 Stars
30%
3 Stars
15%
2 Stars
7%
1 Star
3%

The installment plan from CASHWELL LOANS 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 CASHWELL LOANS 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 CASHWELL LOANS was incredibly smooth. I received the funds the next day and was able to cover my emergency expenses without any hassle.

Lisa M.

Ohio

CASHWELL LOANS 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 CASHWELL LOANS 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 CASHWELL LOANS. Loan experiences can vary based on individual financial situations, loan terms, and other factors.

Frequently Asked Questions About CASHWELL LOANS

Frequently Asked Questions

Find answers to common questions about tribal installment loans.

CASHWELL LOANS offers Personal Loans with amounts ranging from $800 to $5200. Their loans are designed to help customers address short-term financial needs with flexible repayment options.

After approval, CASHWELL LOANS 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 CASHWELL LOANS, 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.

CASHWELL LOANS's loans typically have APRs ranging from 214% to 428%, 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.

CASHWELL LOANS 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 CASHWELL LOANS 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, CASHWELL LOANS allows early repayment of loans without prepayment penalties. Paying off your loan early can help you save on interest charges.

Our Verdict on CASHWELL LOANS

CASHWELL LOANS 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

CASHWELL LOANS 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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