Square’s Cash App—a peer-to-peer payments service—is currently testing short-term loans with select users. As TechCrunch reports, Cash App is offering small loans with a four-week repayment term. While the new feature is only available to 1,000 Cash App users—the company may offer a broader rollout in the future.
Source: LifeHacker – Should You Get a Short-Term Loan From Square’s Cash App?