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Evergreen Cash Advance in Madison, TN
Evergreen Cash is a direct lender offering installment loans from $200–$1,500 with 1–2 business day funding and flexible early repayment options, operated by a Native American tribal subsidiary.
Data compiled from public sources · Rating from CreditDoc methodology
Evergreen Cash Advance Review
Evergreen Cash is a direct lender subsidiary of Kashia Services, an economic development arm of the Kashia Band of Pomo Indians of the Stewarts Point Rancheria. The company operates its own lending program rather than acting as a broker, meaning it funds loans directly from its own capital and retains full responsibility for loan decisions and servicing.
The company offers installment loans ranging from $200 to $1,500, with first-time borrowers typically qualifying for up to $300. Loans have typical terms of six months and are designed to help consumers address unexpected expenses or cash shortfalls. The application process is entirely online and takes less than five minutes to complete. Approved applicants typically receive funds electronically within 1–2 business days after verification of employment and bank account information.
Evergreen distinguishes itself through explicit transparency about its lending status ("we are an actual lender, not a broker"), zero prepayment penalties for early repayment or additional payments toward principal, and flexibility in how borrowers can structure their payments. The company also emphasizes accessibility through online-only applications, no requirement to visit a physical branch, and a 24/7 customer support line. Loan requirements are straightforward: active checking account at least six months old, consistent income for six months, U.S. citizenship or permanent residency, and age 18+.
A significant limitation is the lack of published interest rates or APR information on the website, making it impossible to assess affordability without applying. The maximum loan amount ($1,500) is at the lower end of emergency lending, and applicants must meet specific income documentation and account history requirements that may exclude some consumers in crisis. The company's tribal sovereign status may create ambiguity about regulatory oversight and consumer protections.
Services & Features
Additional principal payment options without prepayment penalty
Customer service representative review of loan terms before funding
Electronic fund transfer to borrower's bank account
Employment and bank account verification
Flexible payment scheduling with 6-month typical terms
Full early repayment option with no penalties
Installment loans from $200–$1,500 (first-time max $300)
Online account login and payment management
Online installment loan applications (less than 5 minutes)
Payment arrangement setup (3 business days' notice required for additional payments)
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- Direct lender—no brokerage markup; funds loans from own capital
- Fast funding: typically 1–2 business days after approval
- Quick application: less than 5 minutes online; no branch visit required
- Zero prepayment penalties; can pay extra toward principal anytime without charges
- Flexible payment structure: pay scheduled amount, add principal payments, or pay in full early
- Accessible to first-time borrowers with as little as $200; up to $1,500 for qualified repeat customers
- 24/7 customer support phone line for questions and payment setup
Cons
- No interest rates or APR disclosed on website; cost of borrowing is completely opaque before application
- Low maximum loan amount ($1,500) may not cover larger unexpected expenses
- First-time borrowers capped at $300, forcing multiple loans for larger needs
- Requires 6-month account history and 6-month income history, excluding consumers in immediate crisis
- Tribal lending entity—regulatory framework and consumer protections may differ from state-licensed lenders
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 2.2
Transparency 2.0
Ease of Use 3.9
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Frequently Asked Questions
Is Evergreen Cash Advance legitimate?
Yes. Evergreen Cash Advance is a registered company, headquartered in 337 Gallatin Pike N, Madison, TN 37115.
Quick Facts
- Headquarters
- 337 Gallatin Pike N, Madison, TN 37115
- BBB Accredited
- No
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on Evergreen Cash Advance
Evergreen Cash is best for borrowers with stable income and a 6+ month banking history who need $200–$1,500 in 1–2 business days and value payment flexibility. The critical caveat is complete absence of published APR/interest rate information, making cost comparison impossible before application—applicants should request rates immediately upon contact before committing.
Best For
- Consumers with stable income and established banking relationships needing $200–$1,500 urgently
- Borrowers seeking early repayment flexibility and no prepayment penalties
- First-time small loan seekers comfortable with an online-only application process
- Those comparing direct lenders versus payday or title loan alternatives
Updated 2026-04-29
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Read guide →Financial Terms Explained (10 terms)
New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
Interest & Rates
APR — Annual Percentage Rate
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Why it matters
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
Compound Interest
Interest calculated on both the original amount borrowed AND the interest that's already been added. It's 'interest on interest' — and it makes debt grow faster than you'd expect.
Why it matters
Credit cards and many loans use compound interest. If you only make minimum payments, compound interest is why a $3,000 balance can take 15 years to pay off.
Example
You owe $1,000 at 20% annual interest compounded monthly. After month 1 you owe $1,016.67. Month 2, interest is charged on $1,016.67 (not $1,000), so you owe $1,033.61. After 1 year without payments: $1,219.
MAPR — Military Annual Percentage Rate
A special APR calculation used for military servicemembers that includes ALL costs — fees, insurance, and add-ons — capped at 36% by federal law.
Why it matters
The Military Lending Act protects active-duty servicemembers and their families from predatory lending. Any lender charging above 36% MAPR to military is breaking federal law.
Example
A payday lender charges a $15 fee per $100 borrowed for 2 weeks. For civilians, that's technically legal in some states. For military: that works out to 391% MAPR — illegal under the MLA.
Usury Rate — Usury Rate (Interest Rate Cap)
The maximum interest rate a lender can legally charge in a particular state. Charging above this rate is called 'usury' and is illegal.
Why it matters
Usury laws are your main legal protection against predatory interest rates. But beware: some states have weak or no usury caps, and federal banks can sometimes override state limits.
Example
New York caps interest at 16% for most consumer loans (25% is criminal usury). If a lender tries to charge you 30% in NY, that loan is unenforceable — you could fight it in court.
How Loans Work
Collateral — Loan Collateral
An asset you pledge to the lender as security for a loan. If you stop paying, the lender can seize and sell that asset to recover their money.
Why it matters
Secured loans (with collateral) have lower interest rates because the lender has less risk. But you could lose your home, car, or savings if you default.
Example
A mortgage uses your house as collateral. A car loan uses your vehicle. A title loan uses your car title. If you miss payments, the lender can foreclose or repossess.
Fees & Costs
Late Fee — Late Payment Fee
A charge added to your account when you miss a payment deadline. Most credit cards charge $29-$41 per late payment, and many loans have similar penalties.
Why it matters
The fee itself hurts, but the real damage is to your credit score. A payment 30+ days late stays on your credit report for 7 years and can drop your score 60-110 points.
Example
Your credit card payment of $150 is due March 1. You pay on March 18. The bank charges a $39 late fee. If it's 30+ days late, it gets reported to credit bureaus and your 760 score drops to 670.
NSF Fee — Non-Sufficient Funds Fee
A fee your bank charges when a payment bounces because there isn't enough money in your account. Also called a 'bounced check fee' or 'returned payment fee.'
Why it matters
NSF fees hit you twice — your bank charges you AND the company you were trying to pay may charge their own returned payment fee. That's $50-70 for one missed payment.
Example
Your auto-pay tries to pull $350 for rent, but you only have $280 in checking. Your bank charges $35 NSF fee. Your landlord charges $25 returned payment fee. Total damage: $60 in fees.
Legal Terms
Usury — Usury (Illegal Interest)
The practice of charging interest rates higher than what the law allows. Usury laws set state-specific caps on how much lenders can charge.
Why it matters
If a lender charges usurious rates, the loan may be void, penalties can be reduced, or you may be entitled to damages. Know your state's limits.
Example
Your state caps consumer loans at 24% APR. An online lender charges you 36%. That loan may be unenforceable, and you might only need to repay the principal — no interest or fees.
Credit Cards
Cash Advance — Credit Card Cash Advance
Using your credit card to get cash from an ATM or bank. It's one of the most expensive ways to borrow — higher interest rate, immediate interest accrual (no grace period), and an upfront fee.
Why it matters
Cash advances are a debt trap: 25-30% APR with no grace period plus a 3-5% fee. Interest starts the second you withdraw, not at the end of the billing cycle.
Example
You take a $500 cash advance. Fee: $25 (5%). Interest: 28% APR starting immediately. After 30 days, you owe $536.67. After 6 months of minimum payments, you've paid $85 in interest on $500.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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