Since 1996, the Cash Store has been providing short-term financial assistance in the form of cash advances, installment loans, and title loans. Depending on the state, customers can choose from three different loan types with varying repayment terms and availability. The company advertises its services at cashstore.com.
Cash Store Summary
Before taking out a personal loan, it is important to explore your options. Cash Store is a common lender, but is it suitable for you? To determine if they are the best lender for you, you need to be aware of the services they provide. This article gives a comprehensive evaluation of their products, allowing you to make a well-informed call about if Cash Store is the right lender for you.
We have finished a thorough analysis of the corporation’s website and regulations. The following are some essential discoveries we discovered.
- Loan amounts start at $100 and go up to $5,000.
- It offers rates ranging from 330% to 404%. However, this is just a range.
- APRs vary by state and product.
- Cash Store is available in seven states.
What is Cash Store?
Cash Store Cash Advance is a direct lender service offered by Cottonwood Financial, a company based in Irving, TX, and founded in 1996. Their cash advance service is available in two states across the USA.
Currently, Cash Store has a B+ rating from the BBB, but it is not accredited by them. The company has received an average of one customer review and has closed ten complaints in the last three years. Unfortunately, the high volume of complaints has resulted in customers giving the company a one-star rating out of a 5-star rating.
How does Cash Store work?

The Cash Store has physical locations in certain states as well as an online presence. Additionally, individuals applying for a loan through the Cash Store do not require a credit history in order to be approved
Because Cash Store offers loans without the need for a credit check, they do require documentation of income to ensure that customers can be viable borrowers. This documentation can include a pay stub, social security check, or other proof of income. Cash Store loans are available in Idaho, Illinois, Michigan, New Mexico, Texas, and Wisconsin.
How to qualify for Cash Store?
To be eligible to apply for Cash Store Cash Advance services, applicants must be at least 18 years old or the legal minimum age in their state, whichever is greater. There is no disclosed income requirement, however, applicants must be employed. Both U.S. citizens and permanent residents are eligible.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Recent pay stubs
- Proof of income
- Blank personal check and/or debit card
- Proof of identity
CashStore BBB Reviews
At this time, Cash Store has earned a B+ rating from the Better Business Bureau, although they are not officially accredited by them. The company has obtained an average of one review from a customer and has concluded ten grievances over the past three years. Unfortunately, the high volume of negative reviews has caused customers to give the company a 1-star rating out of a possible 5 stars.
Here are some reviews:
Chelsey N. 03/24/2021
Initial Complaint 01/10/2023
Complaint Type: Problems with Product/ServiceStatus: AnsweredMore info
Initial Complaint 09/15/2022
Complaint Type: Problems with Product/ServiceStatus: ResolvedMore info
Cash Store FAQs
How much does Cash Store charge?
Cash Store Cash Advance provides a short-term solution to individuals in need of a loan. The loan fees typically range from $15 to $76, but when taking into account the annualized percentage rate, the APR can range from 330% to 404%. This range can vary depending on the state and product. It is important to take into consideration the APR before taking out a loan from Cash Store Cash Advance in order to fully understand the loan terms.
Are there any pre-payment penalties with Cash Store?
The Cash Store does not have any pre-payment penalties. This means that customers are able to pay off their loans without incurring any extra costs or fees. Customers are able to make their payments in full or in part at any time without incurring any extra charges, making it an attractive option for those who may be looking to pay off their loans ahead of schedule.
How does Cash Store affect your credit?
Cash Store can affect your credit in a variety of ways. If you borrow money from Cash Store and fail to make regular payments on time, it can cause a negative impact on your credit score. Additionally, if you take out multiple loans from Cash Store, it can also have an adverse effect on your credit. Additionally, if you fail to pay off the loan in full, not only will it affect your credit score, but it could also result in additional fees and charges that could further damage your credit. Therefore, it is important to manage your Cash Store loans wisely and make sure to make all payments on time in order to maintain a positive credit score.
How to cancel Cash Store?
Before taking out a loan, it is important to be sure that it is the right decision for you. Once the loan amount is disbursed, it is not possible to cancel the loan and you are responsible for paying back the loan with interest. Therefore, it is essential to research loan options and understand the terms of the loan before applying. This will help ensure that you make the best decision for your financial situation.

Are you struggling to make ends meet? Here are some helpful tips to get you back on track.
Are you feeling overwhelmed by debt and struggling to make ends meet each month? Don’t despair! There are ways to help you get back on track. Here are a few tips to get you started:
1. Create a budget: The first step to getting your finances in order is to create a budget. List out your income and expenses and determine how much you have left over after paying bills. This will help you identify areas where you can cut back or make more money.
2. Track your spending: It’s important to know where your money is going each month. Make a list of your expenses and track them over time. This will help you to identify areas where you can cut back or make more money.
3. Save money: Put some of your extra money into savings each month. Even if it’s just a little bit, it can add up over time. This will give you a financial cushion in case of an emergency.
4. Negotiate with creditors: If you’re having trouble making payments, reach out to your creditors and see if they’re willing to negotiate a lower interest rate or payment plan.
5. Take on a side hustle: If you’re having trouble making ends meet, consider taking on a side hustle. There are plenty of ways to make extra money such as freelancing, driving for Uber or Lyft, or even selling items online.
By following these tips, you can get your finances back on track and start feeling more financially secure. With a little bit of effort and dedication, you can get back on the path to financial freedom.
Is Cash Store legit or a scam?
Cottonwood Financial (Cash Store) was set up in 1996 and has been operational for 27 years, attaining a B+ grade from the Better Business Bureau although not officially accredited. A single customer review has been received by the company and 10 complaints have been filed in the last three years. Unfortunately, the abundance of unfavorable reviews has caused customers to assign the business a 1-star rating out of a 5 stars rating.
Prior to getting a personal loan from a lender, it is essential to do your research to make sure you pick the correct one. This involves examining customer reviews, examining the company’s background and qualifications, and ensuring that the services and loan terms are transparent and dependable. Taking the time to investigate these factors will guarantee that you have the most beneficial loan provider and loan arrangement that fits your requirements.
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