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Can I borrow money from Cash App?

Cash App Borrow is not currently available in all states and they do not accept applications. You also might not be eligible to borrow if you have poor credit or do not meet other Cash App requirements — Cash App notes how often you deposit money into your account and transfer money to other users.

How do I get a loan on Cash App?

To request a loan, go to Cash App > Money > Borrow > Unlock. Select the amount, choose a repayment option, hit Next, review the details, and select Borrow Instantly. You'll get a summary with all the loan details. You can hit Done, and your money will be in your balance immediately.

What happens if I don't pay off my cash app loan?

If you are enrolled in automatic payments and do not pay off the Cash App Borrow loan by your due date, the Cash App borrow feature may deduct the loan balance from your Cash App balance or debit card. Cash App may also suspend you from the platform until the loan and any finance charges are paid in full.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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