how to unlock borrow on cash app?

TLDR: To unlock the Cash App Borrow feature, users must meet specific eligibility criteria, including location, credit history, and app usage. If eligible, navigate to the Banking section in the app to find and activate the Borrow option.

Cash App Borrow allows eligible users to borrow between $20 and $200 with a 5% fee and a repayment period of four weeks. However, not all users have access to this feature, which is currently in beta testing. Eligibility is determined by factors such as location, credit history, and Cash App usage. Users who regularly deposit at least $1,000 per month and maintain a positive account status are more likely to qualify.

To unlock the feature, users should open Cash App, navigate to the Banking section, and look for the "Borrow" option. If available, they can tap to unlock it and select a loan amount and repayment plan. If the option is not visible, it may be due to location restrictions, an outdated app version, or account issues. For those ineligible for Cash App Borrow, alternatives like other cash advance apps or traditional lenders can be considered.