Kasasa Reviews

Borrowers who are U.S. citizens, over 18 years old and have a strong financial history (and who can meet a lender’s underwriting requirements) may be good candidates for a personal loan from this lender. Borrowers with poor credit or who fail to meet lender criteria may consider alternative loans.

Kasasa offers personal loans that can be used for auto, home improvement, wedding, vacation or other personal loan needs. These loans come with Take-Backs, which allow borrowers to pay ahead and access the extra funds if they need them later.

Kasasa offers a loan placement program where participating banking institutions can purchase existing loan pools or enter forward-flow agreements on newly originated loans.

Kasasa also offers banking products including checking and savings accounts with no minimum balance or monthly maintenance fees. To find a lender near you, visit the Partner Finder section of Kasasa’s site.

To qualify for a Kasasa personal loan, you need to be a U.S. citizen or permanent resident who’s at least 18 years old and must meet a lender’s underwriting requirements.

Lender requirements and funding criteria vary and may include financial history, years of work experience, income and other factors. Note that terms are subject to change at any time without notice and are subject to state restrictions.

Kasasa loan rates, fees and terms vary by lender and may depend on factors other than credit score.

Upon approval, your loan's annual percentage rate (APR) will not change unless otherwise mutually agreed to and documented.

Kasasa loan fees depend on lender requirements. Note that some lenders may charge late fees and fees for payments returned due to insufficient funds or other fees.

To apply for a Kasasa loan, work with your specific lender to fill out an application, which may be online or in-person, depending on the lender.

Many applications will require your Social Security number or Taxpayer Identification Number along with a valid form of identification and other documentation.

Kasasa offers personal loans and free checking accounts through community banks and credit unions. Some of its competitors like Best Egg, Upgrade and One Main Financial also offer options for credit cards, savings accounts and credit health recommendations.

Unlike its competitors, Kasasa offers a financial safety net through the penalty-free Take-Backs feature of its loans. Borrowers can tap into excess funds from their scheduled payments at the same interest rate as their original Kasasa loan for unexpected needs or opportunities (e.g., car repairs, health issues, college acceptance).

Kasasa is a legitimate fintech company offering personal loans to borrowers through partner banks. Kasasa's Take-Backs option lets borrowers pay ahead to reduce debt and then withdraw that money later on, if and when they need it. Kasasa also offers a mobile app where you can track loan progress and see how changing your payment will impact your loan.