LoanMagic vs Americash Loans
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
LoanMagic
Manage your home loan from start to finish. Track real-time progress, securely share and sign documents, and communicate directly with your mortgage team. Stay organized and informed throughout the entire loan process.
- Real-time loan status updates
- Secure document upload and sharing
- In-app document signing
- Direct messaging with mortgage team
- Calendar integration for important dates
- Encrypted file sharing via cloud services
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*The LoanMagic app requires an ACTIVE HOME LOAN. Ask your mortgage lender for a FREE invitation with your unique login! The LoanMagic app lets borrowers manage the entire loan process. Keep track of your loan status in real-time. Send, receive and sign your loan documents. Message your mortgage team instantly, and schedule important events right to your calendar! REAL-TIME LOAN STATUS UPDATES Follow your loan progress in real-time. The loan tracker means you’ll always know where you are in the loan process. Each stage of the loan process is clearly explained and LoanMagic’s push notifications ensure that you never miss critical dates. SEND DOCUMENTATION TO YOUR LENDER VIA THE APP No more copying, faxing or mailing files to your lender/broker. It’s so easy, and fast, to take pictures of documents or upload them to the app. Now your loan files are secure and organized in one place to share with your lender via LoanMagic’s encrypted integrations. (Share files via Dropbox, GoogleDrive, Box, and MS OneDrive). REVIEW & SIGN DOCUMENTS Complete and sign your loan documents right from the app. eSigned documents are automatically sent to your lender via LoanMagic’s secure & encrypted connection. COMMUNICATE PRIVATELY & SECURELY WITH YOUR MORTGAGE TEAM Get your questions answered immediately. LoanMagic’s secure chat feature stops the endless back-and-forth of email and voicemail. LoanMagic gives you everything you need to manage and close your home loan in one convenient place. CONNECT Support https://www.docmagic.com/support About us: www.docmagic.com If you’re a Lender or Settlement agent who wants to offer the LoanMagic app to your customers, please contact us at https://www.docmagic.com/webservices/contact/
Americash Loans
Apply for installment loans quickly and easily through a streamlined mobile process. Manage your loan account, view repayment options, make payments, and access referral codes all in one place. Get funded the same day if you apply before 11:30a CST, subject to restrictions.
- Fast loan application
- Same-day funding potential
- Customer profile management
- Loan account viewing
- Repayment option review
- Payment processing
- Refer-a-friend program
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Apply The AmeriCash Loans new mobile app allows customers to apply for an installment loan even faster! With everything conveniently housed in one area and a smooth step-by-step loan application, you’ll never want to pull out your computer or open a mobile browser again. In fact, apply before 11:30a CST to get funded the same day, restrictions may apply. Access Instead of opening a web browser to access your customer portal, you will now be able to edit your customer profile and view your loan account information right on the mobile application. Manage Through the mobile application, customers will also be able to manage and review their re-payment options as well as make payments towards their loan without ever leaving their home. You can also access your custom Refer-A-Friend code to earn extra cash. At AmeriCash Loans it’s Your Money. Your Choice. To learn more, visit our Rates & Terms pages at americashloans.net. Max APR is 35.99%. The Term length is 12 months and the loan amount is between $100 to $2,500. Representative example of the total cost of the loan: Loan amount of $1,000.00; loan term (months) of 12; APR of 35.99.00% Your bi-weekly repayment will be $46.06. The total payments will be $1,197.61 with a cost of $197.61.
Screenshots
Verdict
The clearest difference is review sentiment: Americash Loans at 100% against LoanMagic's 0%. LoanMagic's advantage is rating (4.0 vs 2.7) and update cadence (monthly vs every 5 months). On price, ratings volume, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
LoanMagic holds the better App Store score, 4.0 against 2.7. Both are backed by a comparable volume of ratings — 4 and 9 respectively. Written reviews complicate that: 0% of LoanMagic's written reviews are positive against 100% of Americash Loans's, so the app with the better star average is not the one people write more warmly about.
LoanMagic ships an update monthly, Americash Loans every 5 months. Both last shipped on October 24, 2026.
| Parameter | LoanMagic | Americash Loans |
|---|---|---|
| Price | Free | Free |
| Rating | 4.0 (4 ratings) — better | 2.7 (9 ratings) |
| Positive reviews | 0.0% of reviews | 100.0% of reviews — better |
| Number of ratings | 4 | 9 — better |
| Update frequency | Monthly — better | Every 5 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone, iPod |
| Requires iOS | 9.0 — better | 13.4 |
| Further details — not scored | ||
| Size | 123 MB | 24 MB |
| Age rating | 4+ | 4+ |
| Developer | DocMagic, Inc. | Americash Loans LLC |
Customer experience
LoanMagic
Americash Loans
In-app purchases
LoanMagic
No in-app purchases
Americash Loans
No in-app purchases
Questions
Is LoanMagic free?
Is Americash Loans free?
Which has better reviews, LoanMagic or Americash Loans?
Do LoanMagic or Americash Loans have ads?
Which is updated more often, LoanMagic or Americash Loans?
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