Square’s Cash App Tests Little Dollar, Brief Term Loans

Square’s Cash App Tests Little Dollar, Brief Term Loans

Money App, Square Inc.’s mobile re payment application, has launched a pilot system to supply short-term loans as much as $200, TechCrunch reported.

“We are constantly testing brand new features in money App, and recently started testing the capability to borrow cash with about 1,000 customers,” A money App representative stated in a declaration. “We look forward to hearing their feedback and learning using this experiment.”

Underneath the regards to the loans, which begin at $20, re re payment arrives within one month. a grace that is one-week happens to be added for users whom miss that deadline. Continue reading “Square’s Cash App Tests Little Dollar, Brief Term Loans”