Advertorial or Sponsorship User published Content does not represent the views of the Company or any individual associated with the Company, and we do not control this Content. In no event shall you represent or suggest, directly or indirectly, the Company's endorsement of user published Content.
The company does not vouch for the accuracy or credibility of any user published Content on our Website and does not take any responsibility or assume any liability for any actions you may take as a result of reading user published Content on our Website.
Through your use of the Website and Services, you may be exposed to Content that you may find offensive, objectionable, harmful, inaccurate, or deceptive.
By using our Website, you assume all associated risks.This Website contains hyperlinks to other websites controlled by third parties. These links are provided solely as a convenience to you and do not imply endorsement by the Company of, or any affiliation with, or endorsement by, the owner of the linked website.
Company is not responsible for the contents or use of any linked website, or any consequence of making the link.
King of Kash Reviews and Ratings
King of Kash Company Logo
If you have poor or no credit and are seeking a small personal loan, you may have encountered King of Kash advertising fast funding and no-credit-check approval.
Founded in 1978 in Kansas City, Missouri, and operated by Waldo General Inc., the company, led by CEO Cary Silverman, has nearly 40 years of history and advertises fast personal loans to borrowers who cannot qualify elsewhere.
This review examines how the product works, what rates look like based on available data, the company’s complaint record across Trustpilot, the Better Business Bureau (BBB), and Yelp, specifically, the documented pattern of approved-but-unfunded loans, and provides guidance on who should and should not apply.
Evaluate these top-rated lenders to find a better match for your credit tier:
- Direct Lending Excellence: Matches you with the best loans.
- Loans ranging from $2,500 to $100,000
- Flexible terms: 3 to 120 months, 24 hours post-approval
- Same day approval
- Direct Lending Excellence: Matches you with the best loans with optimal loan terms.
- Comprehensive Loan Network: Loans ranging from $2,500 to $50,000
- Flexibility & Speed: Flexible terms from 3 to 120 months, 24 hours post-approval.
- Loan amounts up to $100,000
- Custom Terms: Repayment periods from 12 to 60 months with fast 48-hour approvals.
- Trusted Expertise: Recognized for ethical lending and innovative financial solutions.
What is King of Kash?
King of Kash Official Website Homepage
King of Kash is a personal installment loan provider and a line of credit company. It was founded in 1978 and operates out of Kansas City, Missouri. The business runs under Waldo General, Inc. Its CEO is Cary Silverman.
The company offers signature loans. These require no collateral and no traditional credit check. It also provides a revolving line of credit. King of Kash advertises loans up to $5,000 with quick online approval. First-time borrowers are typically capped at $800 in most states.
Physical branch locations are available in Missouri. Online lending is offered in additional states. Borrowers should verify current state availability at kingofkash.com before applying. The company does not charge origination fees.
King of Kash markets its products primarily to borrowers with poor or no credit. These are people who cannot qualify at conventional lenders.
King of Kash key services and programs
King of Kash offers two main products.
Personal installment loans.
These are signature loans with no collateral required. New customers can borrow up to $800 in most states. Returning customers may qualify for up to $5,000. Repayment follows a fixed schedule with bi-weekly or monthly ACH debits from the borrower’s bank account.
Revolving line of credit.
King of Kash also offers a line of credit that revolves as payments are made. Borrowers can draw against the available balance after their initial loan is repaid. Terms and limits vary by state and customer history.
Eligibility.
King of Kash does not require a minimum credit score. The company evaluates the ability to repay rather than traditional credit history. Applicants must provide personal information, banking details, and two references. There is no hard credit pull in most cases. Borrowers must have a bank account that accepts ACH deposits and debits.
Application channels.
Borrowers can apply online at kingofkash.com, by phone at 800-892-3006, or in person at a Missouri branch location.
Is King of Kash a direct lender?
Yes. King of Kash funds and services its own loans. It is not a marketplace or referral service. Loans are made directly by Waldo General, Inc. doing business as King of Kash.
ACH payments are collected directly from the borrower’s bank account by King of Kash. This distinction matters. It is directly relevant to the documented payment collection complaints discussed later in this review.
How King of Kash works, step by step
The King of Kash application process follows five main steps.
- Apply online or by phone. Visit kingofkash.com or call 800-892-3006. The application requires personal information, banking details, and two references.
- King of Kash reviews the application. The company evaluates ability to repay rather than traditional credit score. There is no hard credit pull in most cases.
- Receive an approval decision. King of Kash advertises approval in minutes.
- Funds are deposited. King of Kash states that funds go directly to the borrower’s bank account within one business day. Funds may also be available at a Missouri branch location.
- Repay through automatic payments. ACH payments are debited from the borrower’s bank account on a bi-weekly or monthly schedule. Line of credit balances revolve as payments are made.
Step four is where the documented complaint pattern concentrates. Many borrowers report that funds never arrive despite approval. ACH collection begins anyway. This issue is covered in detail below.
King of Kash rates, fees and eligibility
King of Kash does not disclose APR ranges on its website. Borrowers must complete an application or call to learn their rate. Available data from independent review sources provides these reference points. All figures require verification before publication.
- Loan amounts. Up to $5,000. First-time borrowers are capped at roughly $800 in most states.
- Interest example. In Delaware, a new customer borrowing $100 on a bi-weekly schedule pays $32 in interest and fees. A returning VIP customer pays $22 on the same loan.
- Reported cost. One Yelp reviewer borrowed $650 for two weeks and repaid $1,253. This is consistent with a very high short-term APR.
- Repayment terms. Bi-weekly and monthly schedules are available.
- Late fees. Late payment fees apply. Specific amounts are not disclosed publicly.
- Origination fee. None advertised.
- Credit check. No traditional credit check is performed.
- Collateral. None required.
The true cost of borrowing from King of Kash remains unclear until a borrower applies. This lack of upfront transparency is a concern.
King of Kash customer reviews and complaints
Across Trustpilot, the BBB, and Yelp, a pattern of complaints about King of Kash is documented at high volume. The pattern is consistent across platforms. It is materially different from complaint patterns found at other lenders reviewed in this series.
Trustpilot reviews
King of Kash Trustpilot Review Page
King of Kash has more than 950 Trustpilot reviews. The average rating is low. The dominant complaint across negative reviews is the approved-but-unfunded pattern described above.
Multiple reviewers updated their reviews over several months as the situation remained unresolved. One borrower documented a 10-month period from May 2025 to March 2026. During that time, no funds were received, the account was not closed, and delinquency notices continued.
Positive reviews describe smooth applications and helpful branch staff at Missouri locations. These represent a minority of total reviews.
Better Business Bureau (BBB) reviews
Better Business Bureau (BBB) Complaints
The King of Kash BBB profile is listed under Kansas City, Missouri. BBB complaints document the approved-but-unfunded pattern in specific detail.
One complaint describes a $300 approval with no disbursement. Three $60 ACH debits were taken from the borrower’s account. Another complaint documents a $700 loan with no disbursement followed by continued collection attempts after the borrower requested closure.
King of Kash responds to some BBB complaints. However, multiple complaints document failed resolution.
No Federal Trade Commission (FTC) or Consumer Financial Protection Bureau (CFPB) enforcement actions against King of Kash were found in the public record as of this review. The complaints documented above are consumer-reported and are stated as reported, not as established legal findings.
Yelp reviews
King of Kash Yelp Reviews
The King of Kash Yelp average rating is 1.4 out of five from nine reviews. The volume is extremely low but the complaints are consistent with other platforms.
Negative Yelp reviews describe the same funding failure pattern and high effective borrowing costs. One positive review describes a good in-person experience at a Missouri branch. This is consistent with the positive in-person pattern seen on Trustpilot.
Reddit reviews
Discussions on Reddit echo the concerns found on other platforms, with users highlighting the approved-but-unfunded loan pattern and unauthorized bank withdrawals. The original poster in one discussion expressed significant concern regarding these issues and the high interest rates associated with the service. This was further corroborated by a user who calculated an effective APR of approximately 400%.
The community consensus generally categorizes King of Kash as high-risk predatory lending. One commenter explicitly confirmed the pattern of approving loans without disbursing funds, stating the company is “definitely not legit”.
King of Kash outcomes and success rate
King of Kash does not publish approval rates, funding timelines, or borrower success metrics on its website.
The public complaint record provides the only measurable data points. The pattern of approved-but-unfunded loans is documented from 2024 through early 2026. One borrower waited 10 months with no resolution. Multiple BBB complaints describe the same fact pattern within shorter windows.
Debt resolution or loan servicing timelines cannot be verified because the primary complaint is that the loan itself was never received. For borrowers who did receive funds, repayment terms follow the bi-weekly or monthly schedule agreed upon at approval.
Positive reviews that describe successful funding come primarily from in-person branch experiences in Missouri. These suggest that the physical branch channel may produce different outcomes than the online channel. However, the data is too limited to draw firm conclusions.
King of Kash pros and cons
Understanding the benefits and drawbacks can help potential borrowers decide if this lender fits their financial needs.
Pros
- No traditional credit check makes the product accessible to borrowers with poor or no credit
- No collateral required
- No origination fee
- Loans as small as roughly $100 are available for small emergency needs
- Physical branch locations are available in Missouri
Cons
- Rates are not disclosed publicly. The true cost of borrowing is unknown before applying.
- First-time loans are capped at roughly $800. This limits usefulness for larger needs.
- A high-volume, multi-platform complaint pattern documents approved loans that were never disbursed while ACH payments were collected. This is documented across Trustpilot, BBB, and Yelp from 2024 through early 2026.
- Account closure requests are documented as not honored. Borrowers report persistent inability to close accounts after funding failures.
- Delinquency notices and collection contacts are sent for amounts on unfunded loans. This is documented in multiple BBB complaints.
- Customer service is described as unresponsive or unable to escalate across the majority of negative reviews.
- Availability outside Missouri is limited.
Who is the King of Kash best for and not recommended for
Given the documented complaint pattern, this section is structured differently from other reviews in this series.
Borrowers who proceed should take these steps.
- Read the full Trustpilot and BBB complaint records before applying
- Monitor the bank account closely after approval
- If funds do not arrive within one business day, contact King of Kash immediately
- Do not allow ACH payments to begin before funds are confirmed received
- Document all communications in writing
- Consider revoking ACH authorization through the bank if funds have not arrived and payments begin
King of Kash is not recommended for borrowers who
- Cannot afford to have unexpected ACH debits taken from their account
- Need guaranteed funding within a specific timeframe
- Do not have the ability to monitor and dispute bank transactions quickly
Alternatives for poor-credit borrowers that do not carry this documented complaint pattern
- Sun Loan. No credit check, branch locations, no bank account required. Available in eight states.
- OppFi. Poor-credit online installment loans with disclosed APR ranges.
- 1st Franklin Financial. Branch model, fair to poor credit accepted, available in Southeast states.
Final verdict: Is King of Kash legit?
King of Kash is a real company with a 46-year history. It has funded loans for real borrowers. Positive reviews confirm this, primarily from the Missouri branch customers.
However, the documented complaint pattern across Trustpilot, BBB, and Yelp is severe. Approved loans with no disbursement followed by ACH collection represent the most serious operational failure documented in this entire review series.
Any borrower in financial distress who considers King of Kash should review the full complaint record before submitting bank account information. Alternatives exist for poor-credit borrowers that do not carry this documented pattern. Compare reviewed lenders in this series, including Sun Loan, OppFi, and 1st Franklin Financial, to find an option with a stronger track record.
Frequently asked questions about King of Kash
Is King of Kash legit?
King of Kash is a real, operating company with a 46-year history. It has provided loans to customers. This is confirmed by positive reviews from Missouri branch customers. However, a high-volume complaint pattern documents approved loans that were never funded while ACH payments were collected. Both facts are true. Borrowers should read the full BBB and Trustpilot records before applying.
Does King of Kash check your credit?
No. King of Kash does not perform a traditional credit check. The company evaluates applications based on the borrower’s ability to repay rather than a credit score. There is no hard credit pull in most cases. This makes the product accessible to borrowers with poor or no credit history.
What are King of Kash’s interest rates?
King of Kash does not disclose APR ranges on its website. Borrowers must apply or call to learn their rate. Available data from independent sources shows high borrowing costs. One documented example shows a $100 loan in Delaware costing $32 in interest and fees on a bi-weekly schedule. A Yelp reviewer reported repaying $1,253 on a $650 two-week loan.
What should I do if King of Kash approved my loan but never sent the money?
Contact King of Kash immediately by phone and in writing. Document the date of approval, the promised funding date, and every follow-up attempt. Check the bank account for any ACH debits. If payments are being collected for a loan that was never received, contact the bank to dispute the charges and consider revoking ACH authorization. File a complaint with the BBB and the Consumer Financial Protection Bureau.
What states does King of Kash serve?
King of Kash operates physical branch locations in Missouri. Online lending is available in additional states. State availability changes over time. Borrowers should verify current availability at kingofkash.com before starting an application.
Disclaimer: This article is for informational purposes only and does not constitute legal, financial, or tax advice. Always consult a licensed professional for advice tailored to your situation.
Sponsored Advertising Content:
Advertorial or Sponsorship User published Content does not represent the views of the Company or any individual associated with the Company, and we do not control this Content. In no event shall you represent or suggest, directly or indirectly, the Company's endorsement of user published Content.
The company does not vouch for the accuracy or credibility of any user published Content on our Website and does not take any responsibility or assume any liability for any actions you may take as a result of reading user published Content on our Website.
Through your use of the Website and Services, you may be exposed to Content that you may find offensive, objectionable, harmful, inaccurate, or deceptive.
By using our Website, you assume all associated risks.This Website contains hyperlinks to other websites controlled by third parties. These links are provided solely as a convenience to you and do not imply endorsement by the Company of, or any affiliation with, or endorsement by, the owner of the linked website.
Company is not responsible for the contents or use of any linked website, or any consequence of making the link.
This content is provided by New Start Advantage LLC through a licensed media partnership with Inquirer.net. Inquirer.net does not endorse or verify partner content. All information is for educational purposes only and does not constitute financial advice. Offers and terms may change without notice.
