Loans Like CASH 1

Loans Like CASH 1


9 Min Read

Cash 1 Inc. can quickly provide up to $1,500 without checking your credit score. Fill out a form online, and if approved, your cash could arrive in 60 minutes. This company seems legitimate, but some disadvantages must be discussed. You have to think about your risks before you take out their loans. 1F Cash Advance comprehensively reviewed CASH 1 loans and gathered suitable alternatives.

What is CASH 1?

CASH 1 is a service that helps you get cash by the end of the same day or even quicker. By creating an account on their website, you can scope out accessible loans, make payments, or tap your credit score from your smartphone or laptop. The company offers cash advance, personal, installment, and title loans, as well as check cashing services.

The company’s services are available for current Arizona, Idaho, Kansas, Louisiana, Missouri, Nevada, and Utah customers. They don’t currently operate in other states. The CASH 1 team has over 200 specialized and highly-trained employees, and the service has 21 branches in Arizona and Nevada.

Application Process

Applying for a loan from CASH 1 is straightforward. Here’s a quick guide on getting a loan with them:

  1. Access the website or visit the office. Go to their website or visit a branch if you want help face-to-face.
  2. Browse or ask about their loans. Choose the loan product you need, depending on your current goal.
  3. Get the paperwork ready. You’ll need ID, pay stubs or bank statements, bills showing your address, and car documents if it’s a title loan.
  4. Begin the application process. To apply, complete the form online or have a loan officer walk you through it in person. Give accurate details.
  5. Read the terms and conditions to know what you’re getting into. Pay attention to the fine print, too.
  6. Receive your money. You will get it via direct deposit in your bank account, often in just a few hours of approval.

Interest Rates

The APR for a short-term installment loan may reach 390% with a maximum term of up to 90 days. The longer-term installment loans have an APR of 198.96% and are repaid in up to 18 months. Title loans cost 14% monthly, and the APR ranges between 168% and 240% if you borrow over $3,000. All these costs depend on the state. In some states, the APR may be lower or higher.

For example, Louisiana residents can request a Wealth Loan via the company’s app. Its interest rate is 27% APR, with a one-time $50 setup fee and a $10 monthly statement fee. The payback time can vary, but it will be at least 60 days from when you get the cash. You automatically get a savings account to earn up to 5% APY interest to grow your money while paying back the loan.


  • Quick loan application term;
  • No hard credit checks;
  • Fast funding;
  • Easy-to-meet eligibility criteria;
  • Low interest rates;
  • Flexible repayment terms.


  • No online repayment options;
  • Unsatisfactory customer care service;
  • Potential hidden fees.

Is CASH 1 Legit?

CASH 1, registered as a business in the USA, raises some concerns about its legitimacy as a payday lender. Though it lists a US mailing address, we could not verify licensure with state regulators. The Better Business Bureau shows no accreditation for Cash One and a poor rating based on unresolved complaints. The reviews on Trustpilot, however, tend to be positive.

As an unlicensed entity with questionable practices, we cannot recommend CASH 1 as a trustworthy option for loan products. Consumers should research state databases to confirm licensure and read BBB reports before doing business with any lender. Legitimate payday lenders comply with disclosure rules and provide loan terms upfront. If something seems suspicious, it likely is. Many scams try to take advantage of financial vulnerability. Protect yourself by knowing your rights and working only with transparent, ethical lenders.

Alternatives to CASH 1 Loans

Here is the list of alternative options to use instead of CASH 1 loans:

Cash Advance Apps

A cash advance app can give you a lifeline to cope with unplanned expenses. The available amount varies between $100 and $500. Since such apps are available to all credit types and don’t usually ask for collateral, they’re less risky and suit bad credit borrowers. Many of them charge no interest rates, but there are options just as expensive as regular payday loans, too. Some apps allow you to pay back the money month-to-month with interest and fees folded in. Others want the total amount back in one lump sum. In most cases, you need to be employed to get a loan via apps, as they assess your monthly income to decide how much you can request.

Payday Loans with Same-Day Deposit

Online payday lenders can give you cash fast by the end of the same day. The lenders of 1F Cash Advance can deposit money directly into your account. You pay back the money when you get your next paycheck, usually within 7 to 31 days. The interest and fees also seem high in terms of the annual percentage rate (up to 400%). However, it’s not a yearly loan. You just pay a flat fee ($10 – $30) for every hundred you borrow.

Family Loans

Getting cash fast is possible if you borrow from your relatives. If the sum exceeds $10,000, you need to sign a loan agreement that helps you pay on time and avoid further issues. Approach these loans carefully if you don’t want to damage your family relationships.

How to Choose between CASH 1 and the Alternatives?

When weighing CASH 1 loans versus other choices, there are a few key things to think about to ensure you make the best decision for your money situation:

  1. Compare interest rates and fees between CASH 1 loans and alternatives to see which one costs less overall.
  2. Look at the repayment terms. Decide if the terms work with your budget and financial aims. Longer terms mean lower monthly payments but more interest over time.
  3. Consider how fast you need the money. CASH 1 loans might be approved and funded faster than bank loans, which could help if you need cash urgently.
  4. Know the credit requirements as well. CASH 1 may work for people with less-than-great credit when other choices may require higher scores.
  5. Think about repayment flexibility. Some alternatives, like credit cards, offer more flexible ways to pay back versus CASH 1 loans.

Why Consider 1F Cash Advance For Payday Loans

1F Cash Advance was set up in 2019, intending to grow and enhance our offerings over time. Since starting, we’ve done just that by cooking up a recipe for success that includes:

  • Fast approval process. Responses can land in your inbox within a single hour.
  • No hard credit checks. All types of credit ratings are welcome to apply without dinging scores.
  • Personalized assistance 24/7. Meeting customers’ needs is our top priority.
  • Safe and secure borrowing process. It is possible thanks to heavy-duty encryption.

get a loan online easily

How to Borrow Money Responsibly?

It is crucial to improve your financial health and avoid taking out debt irresponsibly. Here are some steps to do it wisely:

  1. Evaluate Your Need. Before borrowing, make sure you have no other options but to borrow money. Limit borrowing for listed items or happiness to avoid falling into unnecessary debts.
  2. Understand Your Financial Situation. Review your current income, expenses, and debts. To determine your capacity, look at how much you are able to repay each month without going over budget.
  3. Research Your Options. See what options you have in getting a loan, whether through a personal loan or a credit card, or a line of credit. Explore their interest rates, fees, terms, and conditions to see what option will work best for you.
  4. Read the Terms Carefully. Ensure that you are well aware of the loan’s terms and conditions, such as the interest rate, repayment plan, fees, and any other additional expenses. Be alert to hidden charges or penalties if you need to make your payments on time.
  5. Consider Your Repayment Plan. The critical step is ensuring you have a clear roadmap to repay the money before borrowing it. Make sure the monthly payments are within your means, with room enough in the budget, so that you won’t experience financial strain.
  6. Maintain a Good Credit Score. An unsatisfactory credit history can prevent approval or getting favorable interest rates. To avoid this, ensure timely bill payments, keep credit card balances under control, and avoid taking out too many loans at a time.
  7. Build an Emergency Fund. If you don’t save money for a rainy day, the need to borrow may arise in the future, so it is advisable to have something to fall back on. Distribute the goal of building an emergency fund that is enough to serve up to three to six months of living.

Consider the Risks of Easy Loans

Easy loans can be tempting, providing no barriers to conventional loans. However, the flip side is that they come with a risk borrowers should pay attention to before signing up. They include:

  • High Interest Rates. Many easy loans carry high-interest rates, causing a snowball of debt. You may find yourself in a more difficult situation than when you first borrowed the money.
  • Debt Trap. Prompt loans are often given to those with a weak financial background who are facing severe struggles. Such debtors can experience difficulty paying back the borrowed amount. Therefore, they may find themselves in a debt trap of borrowing to settle their existing debts.
  • Hidden Fees and Charges. Specific lenders practice hidden charges and fees, and consumers end up paying more than they had planned for. This can be a make-or-break factor since the miscellaneous fees could carry more burden than the already hefty interest payments.
  • Impact on Credit Score. Missing the due date can create a grave situation. The payment heist or the default will be retained on credit reports for years, making it more difficult to get loans at good terms in the future.
  • Predatory Lending Practices. Some lenders take advantage of being in a business without regulations and hunt down weak individuals through deceptive terms and aggressive debt collector pressure. On the contrary, borrowers must stay alert to lenders who do not confirm loan terms or urge clients to borrow over their budget capabilities.

FAQ about CASH 1

How does CASH 1 work?

Once you submit your application, they will provide a loan approval decision. If approved, you will choose your loan amount and sign the loan agreement electronically. Then, your loan is sent directly to your bank account, typically the next business day or sooner.

Where is CASH 1 located?

CASH 1 Loans is located at 2415 E Thomas Rd. Ste 2 Phoenix, AZ 85016.

How much can I borrow from CASH 1?

You can get between $100 and $50,000 with CASH 1. The sum depends on your income, loan type, credit history, and state.

How can I repay my loan?

The lender will electronically withdraw the loan amount and the borrowing costs from your checking account on the due date.

What if I can’t repay the loan on time?

When you can’t make on-time payments, your loan will be in default. This usually implies that you have not honored the conditions agreed upon when taking the loan. Once a person is in default, they can be harassed by collectors and even summoned to court. Additionally, it affects a borrower’s credit score. If you can’t repay the loan on time, contact your lender and ask about options. It may offer you a flexible repayment plan.

Borrow up to $5,000 Today with 1F Cash AdvanceApply

Marsha Welch

Written by Marsha Welch

Written by Marsha Welch

Marsha Welch is a professional finance expert, qualified financial writer, and author of her own blog on financial literacy. As an author of 1F Cash Advance, Marsha want to be useful to businesses and individuals who want to modernize their wealth management or need an innovative financial planning solution.

You May Also Like