Cash loans refer to a type of loan where an individual borrows money from a lender and receives it in cash. This means that the person does not have to use their own funds or assets as collateral, but instead agrees to pay back the borrowed amount plus interest over time. Cash loans can be used for various purposes such as emergency expenses, debt consolidation, home improvements, or even a vacation. The loan is typically paid back in monthly installments and the borrower will have to provide proof of income and meet certain credit requirements before being approved for the loan.