Why Don’t I Have The Borrow Option On Cash App?

Why don’t I have Cash App borrow? If you are one of those seeking answers to this question, then swipe through and read this article carefully. As Cash App continues to work towards better and more effective customer satisfaction, several exciting features are frequently added to the app. And one such lovely feature is the Cash App borrow. 

Cash App borrow is a feature on Cash App that was introduced in 2020. And as the name implies, this feature allows eligible users to borrow quick and short-term loans from Cash App and pay in 4 weeks. It is a very good feature as it gives you up to $200 to settle your immediate financial needs when stranded. 

However, Cash App Borrow is not available to all users. This has raised a lot of questions from the user community. And the most prominent one over the years which is still in the minds and lips of many users is “Why don’t I have Cash App borrow?”. In this article, we have outlined and explicitly explained some of the common reasons why you do not have the feature at the moment. See them as you read through the article to the end. 

Can I Borrow Money On Cash App?


Yes, you can borrow money on Cash App but that is with a condition. We have reiterated that the Cash App borrow feature is not available to all customers. There are certain criteria to be met and when you are considered worthy, Cash App will make the feature available to you. 

Why Don’t I Have Cash App Borrow?


The Cash App borrow is made available to only those users who are qualified. And the qualification is determined by Cash App after thorough scrutiny. Below are some of the possible reasons why it is not available to you. 

Not Available In Your State.


One of the possible reasons why you don’t have the Cash App borrow feature could be that it is not available in your state. The feature is new and still in progress. In the meanwhile, not all states of the US have it. So if you reside in a state where that feature is not yet available, you will not have the Cash App borrow. See the states that are allowed to use it at the moment below. 

  • California
  • Iowa
  • Kansas
  • Massachusetts
  • Missouri
  • New Jersey
  • New York
  • New Hampshire
  • Ohio
  • Rhode Island
  • Utah
  • Vermont
  • Washington,
  • Indiana, etc

It is also available in the United States. Note that as time goes on, Cash App has added and is still adding to the states that it is available to in the United States. 

You Have A Poor Credit Score. 


Cash App would also monitor your credit score and credit history to determine your qualification to use the feature. So not having a good credit history or score is another reason why you do not have the Cash App borrow feature. 

Also, you must be legally employed. This employment could be full-time, self-employment, or any other job that brings you a steady income. Your earning should be at least $250 per week or $1000 per month. 

You Do Not Have A Cash Card. 


The Cash App borrow feature is also not available to you because you do not have a Cash Card. And in a case where you’ve ordered a card, it has not been activated. And when this is not done, you will not be qualified to use the feature in question.

You Don’t Send Cash App Often.


Another eligibility factor for the use of Cash App Borrow is how often you send and receive money on the app. If you are not a frequent user of the app, the borrow option will not be available to you. 

You Must Be A Verified User. 


And of course, another factor that could influence your eligibility for borrowing on Cash App is your verification. As a user, if your account hasn’t been verified, this feature won’t be available to you. 

You Do Not Know How To Borrow Money On Cash App


It could also be that you have the Cash App borrow feature available to you but you do not know how to use it. And as such you are unable to borrow. There are reports of people who were not aware that they could borrow from Cash App. So before you assume that you don’t have Cash App borrow, why don’t you try to borrow using the correct way? See how to correctly borrow from Cash App below. 

How To Borrow Money On Cash App?


The following are the steps to borrow on Cash App and to confirm if it is available to you. 

  • Log in to your Cash App account and click on the home button. 
  • Navigate to the banking tab.
  • Search for the word “borrow” and click on it if available. If not found, then it is not available to you. 
  • Click on “unlock” to see how much you can borrow.
  • Now follow the prompts to choose the amount and repayment plan. 
  • Go through the agreement and accept it to complete the process. 

What Can I Do If I Don’t Have Cash App Borrow?


There’s not so much you can do if you don’t have Cash App borrow. However, you can contact Cash App support to find out more. Otherwise, use other online borrowing alternatives.


What Is The Highest Cash App Borrow Limit?


The highest Cash App borrow limit as of the time of writing this article is $200. You can not exceed this limit as it is the fixed maximum amount to borrow. However, you can borrow below that as the minimum borrow limit is $20. 

Related : How To Get Free Money On Cash App

Quick Fix : Cash App Pending Payment Will Deposit Shortly

How Long Does It Take To Repay Cash App?


It takes four weeks to repay Cash App if a loan was given to you. The interest rate or charges for any amount borrowed is 5%. However, if you fail to repay the loan in four weeks, an additional finance charge of 1.25% per week will be added. And if you enrolled for automatic payments and are unable to pay, the money will be debited from your Cash App balance or your linked debit card. 



Now that you have seen the various reasons why you do not have the Cash App borrow. I hope you will make some adjustments to see that you are found eligible to get that feature soon.