iCashLoans Review

iCashLoans Review

iCashLoans Review 1.icashloans.com logo

Editor’s Rating


iCashLoans Key information

Nesmetaju LLC is the owner of the iCashLoans website. Its head office is based in Saint Kitts and Nevis. This website is not the one owned by the company. It has the other three websites (or even more) which offer the same service – this is the first red flag. This lender-connection service has already served more than 4 million clients, providing access to only 100 lending companies (there is no information about these companies on their website). We can say that this is the other suspicious information that does not allow us to think that it is a 100% safe and reliable company. However, let us go on our iCashLoans review to analyze all the sides of this lending network.

In this blog post, we will discuss all the advantages as well as disadvantages of this network to help you make the right decision.

Pros and Cons of iCashLoans

Pros of iCashLoans

  • Streamlined access to multiple lenders
  • Simple and easy online application form
  • Client is not obliged to enter their SSN
  • All credit score accepted

Cons of iCashLoans

  • No details concerning the length of the loans(we only know that they are short-term)
  • No information about the total costs of the loans
  • Mostly all the customer reviews are negative
  • APRs can be high
  • Many complaints from users listed on the BBB
iCashLoans Review 1.icashloans.com website

Is it safe to apply with iCashLoans?

As there is information mentioned about the total costs of the loans and no details about the length of the lending period, we cannot say for sure that it is safe to apply. It is a big problem for those clients (borrowers) who are unfamiliar with short-term loans. Short-term loans can last from two weeks up to three years, and the longer-term is, the more the clients will pay. Therefore, they will end up paying double or even more the initial amount they borrowed. 

It is not a secret that short term loans have a high annual percentage rate. Taking into account that we have no digits, concerning the exact term of the loan, no info about the cost of the loan, we can say that it is quite risky to apply for a loan.

Are iCashLoans right for you?

It is a service that serves as an excellent solution for those who need money. It offers short-term loans and more than 100 lenders willing to help you with it. The application process is quick and easy. It takes place online; that is why you have not to leave your home or office to fill in the application form. The process itself will take less than 2 minutes. It can provide you with quick cash of up to 1K dollars with relatively high fees and APRs. This website claims that it is the right solution for small financial problems. iCashLoans also says that its clients should be careful and attentive when entering contracts – they should learn all the terms and requirements before they leave their e-sign and finalize the offer. Website points that short term loans include some risks – this information is mentioned at the homepage of the website. So, all the clients are informed, and there is nothing to cover what looks surprisingly honest.

iCash Loans Application Process

To apply for a loan, you should fill in a standard online application form online. Of course, not all applicants are accepted, but most clients will get a definite answer. Bad credit is a problem for banks, but it is not an issue for lenders. Therefore, many people take advantage of lending networks, which help them to find a reputable lender who will provide them with the desired loan amount. iCashLoans, as well as dozens of similar lending platforms, offer short-term loans to everyone, no matter what credit score it. It sounds great, but the thing is they get more than what they offer. iCashLoans does not require any fees to apply for a loan. 

iCashLoans charge only lenders (they charge them for increasing the amount of their client base). It does not have any requirements or obligations towards the users of the website. Therefore, it does not have any information on the lenders. 

Each lender sets his terms and conditions. If you accept them, you may be approved for a loan and get your funds as soon as the next business day. 

To apply for a loan, prospective borrowers should: 

  • Be at least 18 years old
  • Have a regular income
  • Be employed (for at least 90 days)
  • Earn at least 1000 dollars per month
  • Be a US citizen or permanent resident
  • Have a valid bank account registered in your name.

How Does It Work?

To start with, you should visit the official website of iCashLoans and fill in a simple online application form where you need to point the requested loan amount, your email address, and zip code. You will be redirected to the more sophisticated online application. It will ask you to fill in more personal details: your full name, address, phone number, bank account info, license ID number, information about your employer, work phone number. Once you completed your online application form, you will be redirected to several lenders who can offer you a loan. Then you will need to choose the lender and move to his official website where you will be asked to provide additional information that is necessary for a lender to know to decide whether he agrees to give you a loan or not. Then you should learn his terms and conditions and determine if it is what you need or you will search another, more beneficial for you offer. If you accept it, iCashLoans promises that you will get your funds as soon as the next business day. 


iCashLoans is a lending network that is designed to connect borrowers with lenders to provide them with short-term loans. It includes more than 100 lenders, but note that it may come with high APR rates as well as severe penalties in case you cannot or unable to meet the requirements and obligations of the loan.