Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.7
(25 Ratings)

Target Cash Now

Advertiser Disclosure

About Lender

Target Cash Now emerges as a reliable financial institution dedicated to providing quick and efficient loan solutions to individuals in need of emergency funds. Their commitment to customer satisfaction is evident through their quick and easy loan process, ensuring most loans can be delivered the next business day after application approval. Furthermore, the company stands out by offering penalty-free prepayments, allowing borrowers to pay off their loans early without any additional fees. This approach reflects their dedication to flexibility and support for their customers' financial well-being.

The company offers a variety of loans tailored to meet immediate borrowing needs, particularly suitable for unexpected emergencies, car repairs, medical care, or essential travel expenses. Target Cash Now’s loan solutions are designed as term installment loans with approximately equal payments, offering the convenience of installment payments. This structure is aimed at assisting borrowers in managing their immediate financial requirements effectively, without the pressure of a lump-sum repayment, thus providing a practical solution for short-term financial challenges.

To qualify for a loan from Target Cash Now, applicants must go through a straightforward application process that includes verifying information and e-signing loan agreements. The company reviews applications in real-time to assess compliance with their lending criteria, utilizing credit reporting agencies such as Clarity, Factor Trust, and MicroBilt. This process ensures that loans are extended to individuals who meet the company's eligibility and ability to repay criteria. Please note, Target Cash Now emphasizes that their loans are an expensive form of borrowing and are intended as short-term financial solutions, not long-term financial fixes. They do not lend to residents of certain states, and the maximum loan amount upon approval is $2,500, reinforcing their commitment to responsible lending practices.

Key Features

  1. Quick and Easy Application Process. Target Cash Now offers a streamlined online application process that is designed to be quick and convenient, enabling borrowers to apply for loans in just a few minutes.

  2. Rapid Funding. Most loans are delivered to the borrower's account the next business day after the application has been processed and approved, ensuring fast access to emergency funds.

  3. No Penalties for Early Payoff. Borrowers have the flexibility to pay off their loans early without facing any penalties or fees, encouraging responsible financial management and saving on interest.

  4. 24/7 Customer Support. Target Cash Now provides round-the-clock customer service, with Care Agents and Loan Specialists available 24 hours a day to assist with any queries or concerns.

  5. Bullseye Rewards Program. The company offers rewards points throughout the loan lifecycle, which can be redeemed for gift cards or principal paydown, adding value for loyal customers.

  6. Term Installment Loans. Loans are structured as term installment loans with approximately equal payments, giving borrowers a clear repayment schedule and the option to prepay at any time.

  7. Electronic and Non-Electronic Payment Options. Borrowers can make installment payments and pay off their loans using electronic payment methods (such as ACH) or non-electronic methods (like cashier's checks or money orders).

  8. Real-Time Application Review. Target Cash Now reviews loan applications in real-time to determine whether they meet the company's lending criteria, ensuring a swift decision-making process.

  9. Credit Reporting Agency Verification. The company verifies applicant information through credit reporting agencies, such as Clarity, Factor Trust, and MicroBilt, to assess eligibility and ability to repay.

  10. State Exclusions and Loan Limits. Target Cash Now does not lend to residents of certain states and has a maximum loan approval amount of $2,500, aligning with responsible lending practices.

  11. Special Services Transfer Option. For borrowers needing funds on the current business day, a Special Services Transfer option is available until 2:00 p.m. MST Monday – Friday, subject to additional incoming bank fees.

  12. Collection and Use of Bank Account Information. Upon loan approval, Target Cash Now uses the provided bank account information for processing payments and may detect additional bank accounts under the consumer's ownership for application processing.

Pros and Cons

Pros

Fast and Convenient Application. The online application process is designed to be simple and fast, enabling quick access to funds.

No Early Payment Penalties. Borrowers can pay off their loans early without any extra charges, promoting financial flexibility.

Rapid Funding. Most loans are funded the next business day after approval, which is ideal for urgent financial needs.

24/7 Customer Support. The availability of customer service around the clock ensures that help is always at hand.

Rewards Program. The Bullseye Rewards program allows borrowers to earn points that can be redeemed for gift cards or principal reductions.

Multiple Payment Options. Offers both electronic and non-electronic methods for loan repayment, providing convenience.

Cons

Expensive Form of Borrowing. Target Cash Now emphasizes that their loans are a costly form of credit, not intended for long-term financial solutions.

State Restrictions. Not available in all states, limiting access for potential borrowers in excluded locations.

Maximum Loan Amount. The maximum loan amount is capped at $2,500, which might not meet the needs of all borrowers.

Credit Check Required. The use of credit reporting agencies for verification might be a barrier for individuals with poor credit histories.

Bank Account Information Use. The collection and potential use of additional bank account information might raise privacy concerns for some applicants.

Special Services Transfer Limitations. The option for same-day funding via Special Services Transfer is limited by cut-off times and might incur additional fees from the bank.

Reliability

  1. Quick and Efficient Loan Processing. Target Cash Now ensures most loans can be delivered the next business day after the application has been processed and approved, showcasing their efficiency and reliability in providing rapid financial assistance.

  2. 24/7 Customer Support. The availability of Customer Care Agents and Loan Specialists around the clock demonstrates a strong commitment to supporting borrowers at any time, enhancing the reliability of their service.

  3. Penalty-Free Prepayments. The company's policy of not charging any penalties or fees for early payoffs reflects their borrower-friendly approach and trustworthy practices in financial dealings.

  4. Secure Online Application Process. Target Cash Now's online application process is not only quick and convenient but also designed with security measures to protect personal and financial information, ensuring a reliable and safe borrowing experience.

  5. Compliance with Regulatory Standards. As an entity formed under the laws of the Fort Belknap Indian Community, a federally-recognized and sovereign American Indian Tribe, Target Cash Now adheres to specific regulatory standards, enhancing its reliability as a legitimate financial service provider.

  6. Real-Time Application Review. The company's practice of reviewing loan applications in real-time to determine eligibility and ability to repay indicates a responsible lending approach, reinforcing their reliability in assessing borrower's financial situations accurately.

  7. Transparency in Loan Use and Terms. Target Cash Now clearly states that their loans are intended for immediate borrowing needs and not as long-term financial solutions, promoting transparency and honesty in how their loans should be utilized.

  8. Diverse Payment Options. Offering both electronic and non-electronic repayment methods, including the flexibility to prepay at any time, underscores their reliable service by accommodating different borrower preferences.

  9. No Hidden Fees for Prepayment. The assurance of $0 prepayment fees further establishes Target Cash Now's reliability, showing they don't exploit borrowers who are able to repay their loans ahead of schedule.

  10. Continuous Access to Account and Loan Management. Borrowers have continuous access to their account information and loan management tools online, providing a reliable platform for managing their loans effectively.

How to apply for a Target Cash Now?

Apply for a Loan

  1. Visit Website. Start by navigating to the Target Cash Now website to begin the loan application process. Click on the "Apply Now" button located on the home page to initiate the loan application process.

  2. Complete the Application Form. Fill out the online application form with all the required information, which includes personal details, employment information, and financial details.

  3. Verify Your Information. After submitting your application, you will need to verify your information. This may involve confirming details over the phone or through an online verification process.

  4. Review and E-Sign Your Loan Agreement. Once your information is verified and your loan is approved, carefully review the loan agreement. If everything is in order, proceed to e-sign your loan documents electronically.

  5. Receive Your Funds. After completing the above steps, Target Cash Now will deposit the loan funds directly into your bank account. In most cases, funds are delivered the business day after your application has been processed and approved.

Conditions and Requirements

Conditions

  1. Loan Amount Limit. The maximum loan amount that you can borrow through Target Cash Now is $2,500.

  2. Loan Agreement. The loan agreement you receive will outline the specific terms and conditions of your loan. This includes details about the loan amount, repayment schedule, interest rates, and any applicable fees.

  3. Repayment Schedule. Your loan agreement will specify the dates and amounts of your payments. It's important to adhere to this schedule to avoid late fees and other penalties.

  4. APR (Annual Percentage Rate). The APR is the annualized interest rate that takes into account both the interest rate and any applicable fees. It gives you a clearer picture of the overall cost of the loan.

  5. Fees. The loan agreement will provide information about various fees associated with the loan. This could include origination fees, late payment fees, NSF (Non-Sufficient Funds) or returned payment fees and any other relevant charges.

  6. Online Access to Documents. You can access and review your loan documents at any time by logging into your account on the Target Cash Now website. This allows you to keep track of your loan details, payment schedule, and other important information.

Requirements

  1. Regular Income. You should have a steady source of income. This could include employment income, government benefits, or other consistent forms of earnings.

  2. Age and Citizenship. You need to be at least 18 years old and a U.S. citizen to be eligible for a Target Cash Now loan.

  3. Checking Account. You must have an active checking account. This is where the loan funds will be deposited and where your repayments will be withdrawn from.

  4. Military Status. You cannot be actively serving in the military, nor can you be a dependent of someone who is actively serving in the military.

  5. Other Requirements. Keep in mind that there might be additional requirements or criteria that apply. These could vary based on factors such as your state of residence, credit history, and the specific policies of Target Cash Now.

Ways to Receive the Money

Upon approval of your loan application by Target Cash Now, the most convenient way to receive the money is through direct deposit into your bank account. This efficient method ensures that, in most cases, funds are delivered the business day following the processing and approval of your application. This direct deposit option streamlines the process, making it quick and easy for you to access your emergency funds without the need for physical checks or in-person visits, providing a seamless financial aid experience right when you need it.

Products

Target Cash Now is a lending company that provides short-term loans to its customers. These are loans where the borrower repays the loan amount in equal installments over a set period of time. Target Cash Now offers installment loans in various amounts and repayment terms. You can borrow up to $2,500. The availability of these products may vary depending on the state you live in. Additionally, each product has its own eligibility requirements and terms and conditions, so it's important to carefully review the details of each product before applying. Short-term loans can come with high-interest rates and fees, so it's important to consider the total cost of borrowing before taking out a loan.

Other Loans

Reasons for Loan Refusal

Check Credit Score

Target Cash Now reviews loan applications in real-time to determine eligibility based on their lending criteria, which includes verification of applicant information through credit reporting agencies such as Clarity, Factor Trust, and MicroBilt. Reasons for loan refusal might include failing to meet these criteria, such as having an inadequate credit history, insufficient income to ensure repayment capability, or residing in a state where Target Cash Now does not offer loans (AR, CT, MN, MT, NJ, NY, PA, VA, and WV). Additionally, an application could be denied if it requests a loan amount exceeding the company's maximum approval limit of $2,500. This rigorous evaluation process ensures that loans are extended to individuals who have a clear ability to repay, aligning with responsible lending practices.

How to Repay a Target Cash Now?

Repay

Repaying a loan from Target Cash Now is designed to be as flexible and convenient as possible, accommodating the borrower's preference for either electronic or non-electronic repayment methods. Borrowers have the option to make installment payments through electronic payment methods, such as Automated Clearing House (ACH) transfers, or through non-electronic methods, including cashier's checks or money orders. Additionally, Target Cash Now supports penalty-free prepayments, allowing borrowers to pay off their loans early without incurring any extra fees. This approach emphasizes the company's commitment to facilitating manageable repayment schedules while offering the flexibility to adjust to the borrower's financial situation.

Loans like Target Cash Now

CashNetUSA

Apply For a Loan

CashNetUSA has been a trusted source for swift financial assistance during emergencies since 2004. If you need a $500 – $1,000 online loan, look no further, as CashNetUSA may have the solution you seek. Their fast funding options enable them to address unexpected expenses that require immediate attention. Whether it's a medical emergency, car repair, or any unforeseen financial setback, CashNetUSA is dedicated to providing timely support.CashNetUSA

Speedy Cash

Apply For a Loan

Speedy Cash is a prominent financial institution catering to the urgent financial needs of residents in 27 states. With a diverse array of services, the company specializes in offering payday loans alongside various other types of loans. Whether customers require a small sum of $50 or seek more significant assistance with larger expenses, Speedy Cash is ready to address their financial requirements promptly with up to $1,500 payday loans. One of the key advantages of Speedy Cash is its remarkably swift turnaround time, with loan applications being processed and approved within just one day, ensuring that individuals can access the funds they need without unnecessary delays.Speedy Cash

Cash Store

Apply For a Loan

At the Cash Store, customers can now access installment loans up to $3000, providing them with a practical solution for financial needs. With a fixed APR personal loan product that spans from 390% APR up to 780% APR, individuals can secure the funds they require while knowing exactly what to expect in terms of interest rates. The rates may vary depending on the state, ensuring customers are presented with options tailored to their specific location.Cash Store

Ace Cash Express

Apply For a Loan

Ace Cash Express is a reputable financial services company that provides installment loans in several states, catering to individuals facing emergencies or unforeseen expenses. In Delaware, borrowers can access up to $2,000; in Florida, Missouri, and Texas, loan amounts range from $100 to $2,000. This flexible loan offering ensures that customers can obtain the necessary funds swiftly and conveniently. Whether it's a medical emergency, urgent car repairs, or any unexpected financial burden, Ace Cash Express aims to offer a reliable solution to its clients in times of need.Ace Cash Express

Check Into Cash

Apply For a Loan

Check Into Cash is a reputable financial service provider that offers Installment Loans. These loans allow individuals to borrow a certain amount of money, typically ranging from $50 to $5,000, depending on the laws of their state. The maximum loan amount varies from one state to another, ensuring compliance with local regulations. With Check Into Cash, borrowers can access the funds they need to cover unexpected expenses or manage financial challenges.Check Into Cash

Approved Cash

Apply For a Loan

Approved Cash is a trusted financial institution specializing in offering payday loans and cash advance services, catering to individuals needing immediate financial assistance. Whether you're facing unexpected expenses or find yourself short on funds, Approved Cash is here to provide the solution you need today. Applying for their loans is straightforward, ensuring quick access to the required funds.Approved Cash

Editorial Opinion

Target Cash Now loans provide a convenient option for individuals seeking short-term financial assistance. With a straightforward application process and the potential for quick fund disbursement, they cater to those who require immediate funds for unforeseen expenses or emergencies. The ability to apply online and receive funds directly into a bank account within a short timeframe can be particularly useful in urgent situations. However, potential borrowers should exercise caution and thoroughly understand the terms of the loans. Like any financial product, these loans come with associated fees and interest rates that can significantly impact the overall cost. It's essential for individuals to carefully review the loan agreement, including repayment schedules and potential fees, before making a decision. As with any lending institution, the transparency of Target Cash Now in providing clear information about loan terms is crucial to ensuring borrowers can make well-informed choices that align with their financial circumstances.

Additional Resources

Sources

FAQ

What is Target Cash Now?

Target Cash Now is a company that offers short-term installment loans. The company provides loans of up to $2,500 with a repayment period of up to 18 months, and the loan amount and repayment terms can vary depending on the borrower's creditworthiness and other factors.

To apply for a loan from Target Cash Now, borrowers need to fill out an online application form, provide some personal and financial information, and submit it for review. The company claims to offer quick approval and funding, with the loan amount deposited into the borrower's bank account as soon as the next business day.

Is Target Cash Now a payday loan?

Target Cash Now is not a payday loan company. However, it does offer short-term installment loans, which may have similarities to payday loans in terms of the loan amount, repayment period, and interest rates.

Payday loans typically involve borrowing a small amount of money that is due to be repaid on the borrower's next payday, usually within two to four weeks. These loans often come with high fees and interest rates and can be difficult for borrowers to repay on time, leading to a cycle of debt.

In contrast, short-term installment loans offered by Target Cash Now and other companies allow borrowers to repay the loan over a longer period of time, usually in several installments. While these loans may still have high interest rates and fees, they may be a better option for borrowers who need more time to repay the loan.

Is Target Cash Now loan legit?

Target Cash Now is a legitimate lender, but like any lender, borrowers should carefully consider the terms and conditions of the loan before applying. The company offers short-term installment loans of up to $2,500 with repayment terms of up to 18 months.

While the company may be legitimate, it is important to note that short-term installment loans can be expensive, with high interest rates and fees. Borrowers should be aware of the total cost of the loan, including all fees and interest charges, and consider whether they can afford to repay the loan on time.

Additionally, borrowers should be aware of potential scams and fraudulent lenders in the lending industry. It is important to only borrow from reputable lenders that are licensed to operate in your state and have a positive reputation. Before applying for a loan from Target Cash Now or any other lender, borrowers should do their research, read reviews, and check the company's license and credentials.

Can Target Cash Now payday loans sue you?

When a borrower signs a loan agreement with a lender like Target Cash Now, they agree to repay the loan according to the terms and conditions of the agreement. If the borrower fails to make payments or defaults on loan, the lender may take legal action to collect the debt, which may include filing a lawsuit against the borrower.

If you are having difficulty repaying a loan from Target Cash Now or any other lender, it is important to contact the lender as soon as possible to discuss your options. Depending on your situation, the lender may be willing to work with you to arrange a repayment plan or other solution. Additionally, it may be helpful to seek advice from a financial counselor or other professionals who can help you manage your debt and finances.

Company documents

Terms of Use
Privacy Policy

Target Cash Now loans are designed to assist you in meeting your immediate borrowing needs and are not intended to be a long-term financial solution. 

© Target Cash Now
Financial products
Target Cash Now
Short-term loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.786
(23 Ratings)
Recommended FinScore™
0
300
650
1000
$400-$2500
Rate
i

Effective interest rate on the product

APR 795%
Term
i

Loan term for the financial product

1-6 months
Apply
Similars products
Best Quick Loan Today 15.06.2024*
Finanso
Need a Quick Loan Now?
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
100.00 – 20000.00 $
Rate
i

Effective interest rate on the product

from 0.05 %
Term
i

Loan term for the financial product

5 days – 3 months
Finanso
Personal Loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
2000.00 – 100000.00 $
Rate
i

Effective interest rate on the product

6.34 – 35.89 %
Term
i

Loan term for the financial product

2 months – 72 months
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
100.00 – 4000.00 $
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

4.25
(20 Ratings)
Recommended FinScore™
0
300
650
1000
to 1500.00 $
Rate
i

Effective interest rate on the product

to 160.00 %
Calculate loan payments in Target Cash Now

Target Cash Now calculator will allow you to calculate an approximate payment schedule for the loan

Target Cash Now calculator
Interest rates are given in accordance with the rates of the Target Cash Now of 15.06.2024
Loan amount
i

Enter the desired loan amount

USD
USD
400 $
2500 $
Loan term
i

Specify the loan term for the calculation

days
months
30
180
State
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All Target Cash Now’s reviews by june 2024
Leave feedback
4.4
Advantages
They guided me through the process over the phone and displayed a great deal of patience, especially since I'm not very computer-savvy.
Complain
4.4
Advantages
I received excellent assistance, and my loan application was approved. This will help me improve my credit score.
Complain
4.4
Advantages
Initially, I had doubts and thought it might be a scam, but to my surprise, it was legitimate, quick, and I received my funds on the same day. Thank you!
Complain
4.6
Advantages
Having a conversation with the representative and receiving assistance in making my payments manageable was a positive experience.
Complain
2.4
Disadvantages
I take responsibility for not thoroughly reviewing the interest terms. I find it astonishing that they can charge such a high rate. I borrowed $500, and now I'm required to repay them a total of $2,225!
Complain
1.4
Disadvantages
This company was effective in securing the loan, but unfortunately, their communication and customer support left much to be desired. The information they provided during the loan process didn't align with reality. After obtaining the loan, they became unresponsive and it became nearly impossible to reach a real person for assistance. For a week, I made calls, but I was consistently placed on hold for more than 30 to 45 minutes each time. It seemed their primary focus was on withdrawing funds from my account, and when I stopped those withdrawals, they became uncooperative in addressing any issues I had with the account.
Complain
2
Disadvantages
I'm currently facing a temporary financial challenge, and I reached out to inquire about the possibility of reducing my monthly payment. Unfortunately, I was informed that such accommodations weren't available. I must admit, I feel disappointed and wish there had been an effort to accommodate my request. Despite this, I will make the full payment as required. However, I've decided not to utilize their services in the future.
Complain
4.6
Advantages
Target Cash Now was exceptionally fast, and I received my funds the very next day! I will certainly turn to them again if I find myself in a tight spot in the future.
Complain
4.4
Advantages
The person I spoke with was incredibly friendly and helpful. I required assistance with funding after paying my son's college fees, and they were able to provide the support I needed. Thus far, I've had a great experience with their customer service.
Complain
1.8
Disadvantages
The experience was just overly aggressive. I was nearly finished with my online loan application when I received a phone call from your company. The representative insisted I complete the process with her, essentially requiring me to do it all over again, which felt like a waste of time. As I was speaking with the customer service representative, I received another call from your company, which seemed quite excessive.
Ultimately, I did secure the loan, and I appreciate the assistance during my time of need. However, I must point out that your interest rates are extraordinarily high. It feels like you take advantage of individuals with lower incomes who can afford it the least.
Complain
aggregation.company.allReviews
Overall company rating
3.7
/ 5
25 reviews
Execution of an application
3.6
Support service
3.6
Mobile app
3.7
Service quality
3.8
Your satisfaction level
3.7
Similar companies
NaviRefi
123 S Justison St, Wilmington, DE 19801-5360
+1 (844) 381-6621
HESAA
PO Box 545, Trenton, NJ 08625-0545
+1 (609) 584-4480
RISLA
935 Jefferson Blvd, Suite 3000, Warwick, RI 02886
+1 (800) 758-7562
VSAC
10 East Allen Street, Winooski, VT 05404
+1 (800) 642-3177
Funding U
309 East Paces Ferry Rd. NE Suite 400, Atlanta, GA 30305