Cup Loan Program – Requirements & How To Get A Loan

In the guest of looking for a place to get fast loans, you just have come across the Cup Loan Program. Do you want to know whether it is legit or a scam? Do you want to see reviews about this program? Then you have definitely landed on the right page.


Here we are going to tell you all that you need to know about this program. You will also see a detailed review of it and know whether it is legit or a scam. So without taking so much of your time, let’s get into the details. I know it’s going to be a very interesting read. 

There is always that time when one needs money to meet up with life’s unexpected demands. And in such times, getting a fast loan seems to be the best option. Like Grace Loans and Modo Loans, there are many online lending platforms these days and the Cup Loan Program is one of them.

However, the rise of internet scams makes it necessary to carry out a comprehensive check on the legitimacy of any platform before going ahead with it. Here, we are going to concisely look at the Cup Loan Program to determine if it is legit or a scam and at the same time give a review about it.

Cup Loan Program


Cup Loan Program is a lending scheme that is said to provide up to $50,000 to loan seekers to pursue various needs. It helps individuals and small businesses with the needed finances to settle urgent financial needs. It gives loans within 48 hours of applying hence it advertises itself as the best lending program in the United States. 


Cup Loan Program Reviews


Popular review websites like Trustpilot, BBB, Reddit, Quora, and Indeed are silent about the Cup Loan Program. However, thorough research was carried out about it on social media. The research shows that a few numbers of people have benefitted from the program. And a great percentage of such people are small business owners seeking to expand. 

Also, the program is said to be operated by the United States Department of Agriculture (USDA) which shows that it is legal and licensed to operate. 

However, its major drawback which could serve as a call for suspicion is the fact that it has no professional website. It also has not displayed its physical address and customer service phone number to the public. This raises a lot of questions as to whether it is legit or a scam. See the answer to this below. 

Is Cup Loan Program Legit?


After seeing the various parameters, you will agree with me that the Cup Loan Program is legit and not a scam. It is operated by a government body and that alone makes it legal. The reviews from individuals also go a long way to prove its legality. Meanwhile, it has drawbacks in its publicity and websites that should not be ignored. Hence, you should apply caution in your decision to get a loan from this organization. 

It is worth noting here that several scammers are on the internet parading themselves as the platform with the sole aim of getting the details of individuals which could be used to defraud them. The scammers contact people through various social media platforms and email. They promised to help you get a loan from the Cup Loan Program if you pay some amount of money upfront. This is only a scam. 

How To Spot Cup Loan Program Scam


There are some elements that differentiate the Cup Loan Program legit from the scam. Therefore when you observe the following element in the loan offer, know that it is a scam and not safe for you. 

  • Attractive loan offer with no credit check or collateral. 
  • Unsolicited loan offer through social media, email, and text messages. 
  • Upfront fee payment to hasten the loan majorly through gift cards, wire transfers, or other sketchy methods. 
  • Lenders are in a haste to make you take action on the offer. 
  • No detailed loan terms. 
  • The loan platform has no professional website. 
  • The website of the lender is new. 
  • No information about the owner of the platform 
  • No clear terms about the interest rates and repayment schedule of the loan. 
  • Incoherent grammar and spelling. 

Whenever you observe these, know that it is, not the real Cup Loan program hence you should not participate in it. See how to apply to the real Cup Loan Program in the next paragraph. 

How To Apply For Cup Loan Program


Cup loan program application process is very easy, to apply for the loan, visit the official website of the organization. Click on Apply Now. Follow the prompts to provide the necessary requirements including your bio-data and employment details.

You might also be required to drop collateral proof depending on the situation. If your request is approved, you will get mail stating the loan terms and upon agreement, the money will be disbursed to your account.

Eligibility Criteria For Cup Loan Program


To get a loan through the Cup Loan program, certain eligibility criteria must be met. Some of them are.

  • Good credit score
  • Good credit history. 
  • Stable source of income 
  • Must be a citizen of the United States. 
  • Must not be less than 18 years of age. 
  • A fair debt-to-income ratio, and so on. 

What Are The Interest Rates Of The Cup Loan Program?


The interest rates of this program are not static. It varies from time to time. They are fixed and based on the market rates at the time it was approved for you. This further goes to re-emphasize the need to read the loan terms carefully before accepting the agreement.  


Reviews on Cup Loan Program show that it is legit and not a scam. It is simple eligibility criteria and helpful in times of need, especially for small businesses. However, there are scam websites with the same name claiming to give out similar about of money as loans. Therefore take note of how to identify the scam programs as discussed above and avoid them.