Cash App Borrow review: is the Cash App Borrow cash advance app legit?

Cash App Borrow is a legitimate cash advance app, and Block, Inc. is the company behind it.

Biggest advance: $500
Fee per month: None
Fast transfer cost: A single fixed charge determined by how much you borrow
Complaints to the CFPB: 72,532counts every Block product

Cash App Borrow on file

Owner: Block, Inc. (NYSE: XYZ)
Issued by: An industrial bank in Utah called Square Financial Services, Inc. belongs to Block; past Cash App pages cited First Electronic Bank too.
Product: A one-time flat fee applies to the short-term closed-end loans in Cash App.
Subscription: None, optional
Fee for a fast transfer: There is no separate instant fee: before you accept, you see a one-time flat fee tied to the loan amount, and funds reach you instantly.
Time without a fee: Funds reach your Cash balance immediately
Credit checks: No credit score is pulled and nothing goes to the bureaus; the service uses Cash App account data instead
Time to get the money: The money lands in your Cash balance instantly

Taken from what Cash App Borrow publishes, CFPB complaint counts and public enforcement files. All sources are listed at the foot of the page

Cash App Borrow fees and costs

Convert Cash App Borrow's fees to a yearly rate using the calculator on our cash advance apps page.

Good to know about Cash App Borrow

Not a pay advance but a real loan: Square Financial Services, which is Block's own bank, offers this closed-end loan.
A one-time flat fee appears in the app, yet Cash App publishes no APR example or specific fee amount on its website.
No credit score check occurs; Cash App states that over 70% of active Borrow users hold FICO scores below 580
Unavailable in Colorado, Iowa or Oregon
Parent Block dealt with a $45 million AG settlement, a $40 million NYDFS penalty, an $80 million state regulator fine, and a $175 million CFPB order regarding Cash App.

States where Cash App Borrow works

Cash App Borrow names 48 states on its own site. Each link opens that state's payday and small-loan rules as general background, not a ruling on Cash App Borrow's own advances.

States Cash App Borrow lists as off limits: Colorado, Iowa and Oregon (3 in all).

Cash App Borrow complaints and lawsuits

The CFPB database lists 72,532 complaints naming Block, Inc, a count for the whole company rather than Cash App Borrow alone. Most common issues: another issue with a transaction; scams or fraudulent activity; transactions you did not authorize or other transaction issues. Check the CFPB count

2025 · CFPBCFPB order regarding fraud handling and unauthorized-transfer disputes at Cash App; includes up to $120 million in redress and a $55 million penalty Source
2025 · financial regulators in 48 states (CSBS)Cash App faced an $80 million fine in a multistate settlement for failing anti-money laundering rules and the Bank Secrecy Act. Source
2025 · New York DFSSettlement terms for Cash App include a $40 million penalty and a monitor due to failures in virtual currency and anti-money laundering compliance. Source
2026 · attorneys general in 46 states (California AG release)Multistate settlement regarding misleading safety claims and fraud failures by Cash App; totals $45 million Source

Short on cash before payday?

Talk to a specialist about lower-cost ways to cover the gap in your state. Talk to someone about cheaper options: 855.947.5189

This line reaches a debt and loan options specialist. We are not Cash App Borrow and cannot reach your Cash App Borrow account.

Cash App Borrow alternatives: apps like Cash App Borrow

App	Fee a month	Biggest advance	Fast transfer on $100	CFPB complaints
Cash App Borrow (this record)	None	$500	–	72,532counts all of Block
Dave	$5	$500	$1.50	829
Brigit	$8.99	$500	–	384
Cleo	$5.99	$500	–	None filed
Empower	$8	$500	$5	330

– means the company does not publish it. Complaint counts are totals, not rates: a bigger company draws more. Open any name for its full record.

Questions about Cash App Borrow

Is Cash App Borrow legit?

No monthly fee applies to advances up to $500 from Cash App Borrow, a legitimate cash advance app operated by Block, Inc. The CFPB complaint database contains 72,532 complaints against Block, Inc., and we count 4 actions against it by a government or a court.

Who owns Cash App Borrow?

Block, Inc. (NYSE: XYZ). The loan names Square Financial Services, Inc. as lender: a Utah industrial bank owned by Block, with older Cash App pages also naming First Electronic Bank.

Does Cash App Borrow check your credit?

No credit score check or reporting to credit bureaus occurs, says Cash App Borrow, which uses its own Cash App account data.

How fast does Cash App Borrow send the money?

Funds are deposited instantly in your Cash balance, according to Cash App Borrow.

Has Cash App Borrow been sued or fined?

Up to $120 million in redress and a $55 million penalty resulted from a 2025 CFPB order addressing unauthorized-transfer disputes and Cash App fraud handling. $80 million was the 2025 fine after 48 state financial regulators (CSBS) reached a Multistate settlement over Cash App anti-money laundering and Bank Secrecy Act failures. A $40 million penalty and a monitor appear in the 2025 settlement from New York DFS over virtual currency compliance and anti-money laundering failures on Cash App. A Multistate settlement in 2026 involved 46 state attorneys general (California AG release) regarding fraud failures and misleading Cash App safety claims; parties agreed to $45 million.

Where the Cash App Borrow facts come from

The CFPB states that Block, Inc operates Cash App; Redress mandated by the CFPB 2025 order; Penalty imposed under the CFPB 2025 orderconsumerfinance.gov
Block, Inc owns Cash App and trades as NYSE: XYZ; Cash App states that most Borrow users hold low FICO scorescash.app
The lender named in the current Borrow agreement; You will not get the flat fee back if you pay the loan off earlycash.app
Highest amount available through Borrow; Lowest amount available through Borrow; Funds reach your account right awaycash.app
New borrowers may qualify for up to $500cash.app
There is one flat Borrow fee, and you see it before you agree; A late fee applies after 3 days past due; Interest on overdue balances starts after 7 dayscash.app
You can repay weekly or with 10% of incoming fundscash.app
Total CFPB complaints for Block, Inc. (covers all of Cash App and Square, not just Borrow)consumerfinance.gov
State regulator fine in 2025 for BSA/AML violationscsbs.org
Penalty from the New York DFS 2025 actiondfs.ny.gov
Settlement reached with attorneys general from multiple statesoag.ca.gov