A major development, last year Cash App completed the trial of the loan feature. As a result, a large number of Cash App users are allowed to borrow money form cash app . However, there are many ways and sources to borrow money online. But, the loan feature on Cash App is quite different from others. You will be glad to know that Cash App gives interest and charges free loans. However, a late fee might be applicable if you get late in paying back to the Cash App.