There are no credit checks, no interest, no late or hidden fees.
The money can be used to alleviate a cash shortage you may be experiencing. It may go towards credit card bills, gas, rent, groceries, etc.—it's your money!
WHO CAN USE THE APP
- Be at least 18 years old. You must reside in the U.S. & have a U.S. bank account.
OUR AFFORDABLE FEES
- We charge each member $4.88 per month to cover the cost to operate the app. We keep it small and competitive. Use an in-app PAUSE ACCOUNT button to cancel the membership renewal anytime—no tricks!
- Transferring cash advances to your bank account is free for you, which typically takes a couple of business days to hit your bank account.
- You have the option to pay a small fee to receive your money on the same business day, which typically takes a few seconds or a few hours to be available in your bank account.
REPAYMENT DATE & APR INFO
- Cashli is not a payday lender. Cashli does not provide personal loans, or any type of loans. Cashli provides cash advances.
- We charge zero APR, 0% APR, 0% or zero interest!
- Cashli's advance service is not a contractual obligation to repay a loan.
- It's not mandatory to repay the full amount of a cash advance balance in less than 60 days from the date the advance was issued.
- There’s no compulsory minimum or maximum repayment time period. The app allows a user to extend a repayment date, or it can be done by emailing customer support at
[email protected].
Example: You request $75 from Cashli to prevent a predatory $41 late fee on a credit card bill (according to the CFPB), you pay back $75 unless you VOLUNTARILY choose to reward us a small $3 tip, i.e. $78 in total.
Cashli's cash advances are no longer available to residents of Connecticut, Maryland, Washington, D.C., and Nevada.
SERVICES WE OFFER
- Besides cash advances, we monitor your connected bank account & notify you on your phone when its balance is getting too low.
- Side hustle: you can earn cash rewards by playing games, taking surveys, and testing apps.
- We provide you with a different view of your latest bank transactions.
- We have exciting plans for future app updates. One planned feature is a 360-degree view & a deep dive into your finances to PROACTIVELY alert you about a change in your spending patterns, before you run out of money. By contrast, banks REACTIVELY alert you about low balances.
SAFETY OF YOUR DATA
- Cashli uses AES Encryption to safeguard your personal data—the same technology that U.S. big banks & the U.S. government use to protect financial & classified data.
- Cashli partners with Plaid, which supports over 10,000 U.S. banks, to analyze your authorized bank transactions for cash advance eligibility & deposit purposes. We don’t know, nor do we store, your online banking credentials. Instead, you’ll be guided through a secure & frictionless authentication framework to grant us access. Cashli does not store your bank identification info.
- Cashli & its partners don’t sell your data. NEVER. Please read our Privacy Policy: cashli.io/privacy-policy-english
VERY IMPORTANT NOTES
- We make no promise that everybody will be eligible for a cash advance. We reward loyalty. Almost no new members will receive the whole $150 right off the bat. But cash advances will grow larger as you & Cashli bond & forge a deep financial friendship together. Eligibility rules apply.
- Cashli is a Chicago-based Earned Wage Access (EWA) company. Cashli is not affiliated with any foreign company that may bear the same name. Except for Dwolla & Plaid, Cashli is not affiliated with any other financial products or institutions.
