Chances are you have heard that the cash app borrow feature is now available. You have tried to access it, but it is not showing up? Here you’ll learn why the borrow is not showing up on your cash app account.
If you have tried to access the borrow button, but not showing up. I’ll tell you the reason here. But first, let’s look at this new borrow feature.
How The Borrow Feature Work
Cash App, the popular peer-to-peer money-transfer app, has recently added a new feature that allows users to borrow.
The feature is, though, not available to all cash app users. Hence the number one reason is why the borrow does not show up.
The cash app has launched the trial of the feature to the selected few cash app users. However, it will be available soon to everyone who meets the qualifications.
Why is Cash app borrow not showing up
There are several reasons why the cash app borrow is not showing up. In this section, I’ll explain some of those reasons.
It is important to note that you have to meet qualifications to access the borrow feature.
The borrow is not showing up because you don’t meet the qualifications.
Even though you frequently use the Cash App to pay bills or transfer money, you will not be eligible for this Cash App loan.
Make a mental note that a direct deposit is required to borrow money. You should receive at least $300 in direct deposit to your Cash App account in one month.
Furthermore, if you prove your identity on a Cash App, you will be able to do better with it. It’s not reasonable to seek a loan without first confirming your identity with the lender.
Over all else, having an active Cash App card is essential. If you meet all of these requirements, you’ll soon be able to use the Cash App borrow feature.