Kashable LLC

Kashable is a company that offers personal loans to employees as an employer-sponsored voluntary benefit. Rather than applying through a traditional lender, eligible employees access Kashable loans through their workplace as part of a benefits package that the employer has chosen to offer. Repayment happens automatically through payroll deduction, meaning the loan payments are taken directly from your paycheck before you receive it.

The employer-sponsored structure of Kashable loans provides some advantages over conventional consumer loans. Because repayment is through payroll deduction, the risk of missed payments is lower, which allows Kashable to potentially offer better rates to employees who might not qualify for the best terms at a bank. Credit checks are part of the process, but employment and payroll history also play a role in the assessment.

Kashable loans are unsecured personal loans available for a range of purposes including debt consolidation, emergency expenses, and other needs. They are not payday loans and are not designed as ultra-short-term products.

The key consideration is that Kashable is only available through employers that have enrolled in the program. Not all employers offer it, so availability depends entirely on your specific workplace benefits package. If your employer offers Kashable, compare the loan terms, including the APR and total repayment cost, against other personal loan options before deciding.

If you leave your job before the loan is fully repaid, you will need to continue making payments through another method. Understand the repayment arrangements that would apply if your employment situation changes before taking the loan. Review all current terms directly with Kashable before applying.