How to Apply for KashCash Loan: KashCash Loan Interest rate, Customer Care Whatsapp Number, Phone Number, Email and Office Address

What is KashCash Loan?

KashCash is a mobile lending platform that provides Nigerians with access to loans for a limited period of time. The current location of the company's headquarters, which was established in 2017, is in Lagos, Nigeria. Because loans from KashCash are unsecured, customers don't have to come up with any form of collateral in order to be considered for a loan. On the other hand, when borrowers request for loans through KashCash, the company does verify their credit ratings. Borrowers who have strong credit ratings have a greater chance of having their loan applications accepted and of receiving a better interest rate.

The amount of money that borrowers can borrow from KashCash ranges from NGN10,000 to NGN100,000 (ten thousand to one hundred thousand Nigerian naira). The length of time given to make payments on loans from KashCash normally ranges anywhere from 91 to 365 days. Early loan repayment is not subject to any fees or other charges for borrowers. 

The interest rates that are charged for loans through KashCash are considered to be on the higher end. When a borrower has a decent credit score, the interest rate on a loan is normally at around 12%. When you have a low credit score, you will normally be charged an interest rate that is at around 34%.

People who are in need of quick cash for unforeseen needs may find that KashCash loans are a useful alternative for them. Before you apply for the loan, you should first determine whether or not you have the financial means to pay it back.

KashCash Loan Features

KashCash loans offer a number of features that make them a convenient and attractive option for borrowers. These features include:

●        Quick and easy application process: You can apply for a KashCash loan online or through the KashCash app. The application process is quick and easy, and you can usually get approved for a loan within minutes.

●        No collateral required: You do not need to provide any collateral to qualify for a KashCash loan. This makes it a good option for borrowers who do not have any assets to secure a loan.

●        Competitive interest rates: KashCash offers competitive interest rates on its loans. The interest rate you pay will depend on your credit score and the amount of the loan.

●        Flexible repayment terms: KashCash offers flexible repayment terms on its loans. You can choose to repay your loan over a period of 91 days to 365 days.

●        24/7 customer support: KashCash offers 24/7 customer support. If you have any questions or problems with your loan, you can contact KashCash customer support for assistance.

●        Quick Approval and Disbursement: One of the major advantages of KashCash Loan is its swift approval and disbursement process. Upon meeting the eligibility criteria and submitting the required documents, borrowers can expect timely loan approval and quick disbursal of funds.

●        Minimal Documentation: KashCash Loan simplifies the loan application process by requiring minimal documentation. This ensures a hassle-free experience for borrowers, saving them valuable time and effort.

KashCash Loan Interest Rate

The interest rate of KashCash Loan is an essential factor to consider when applying for a loan. The specific interest rate for an individual borrower is determined based on various aspects, including the borrower's credit history, income, loan amount, and repayment tenure.  The interest rate for a KashCash loan is between 12% and 34% per year. The interest rate you pay will depend on your credit score and the amount of the loan.

Here is an example of how interest works with Kashcash:

Loan amount: NGN5,000

Loan term: 180 days

Interest rate: 12%

Total interest: NGN5,000 x 12% = NGN600

Total repayment amount: NGN5,000 + NGN600 = NGN5,600

KashCash Loan Eligibility Criteria

Here are the eligibility criteria for a KashCash loan:

●        Citizenship: You must be a Nigerian citizen.

●        Age: You must be at least 18 years old and not more than 60 years old.

●        Residence: You must be a resident of Nigeria.

●        Income: You must have a steady source of income.

●        Bank account: You must have a bank account in Nigeria.

●        Credit score: You must have a good credit score.

KashCash Loan Requirements

Here are some of the requirements for applying for a KashCash loan:

●        You must be a Nigerian citizen.

●        You must be at least 18 years old.

●        You must have a valid Nigerian ID.

●        You must have a bank account in Nigeria.

●        You must have a good credit score.

How to Apply for KashCash Loan

here are the steps on how to apply for a KashCash loan:

●        Download the KashCash app from the Google Play Store or the App Store.

●        Create an account by entering your phone number and email address.

●        Provide your basic information, including your name, address, and date of birth.

●        Upload a copy of your ID and a recent utility bill.

●        Submit your loan application.

●        Once your application is submitted, KashCash will review it and get back to you within 24 hours. If your application is approved, you will receive your loan directly into your bank account.

KashCash Loan Customer Care Phone Number, WhatsApp Number, Email and Contact Address

If you have any queries or require assistance regarding KashCash Loan, their customer care team is available to help. You can reach out to them through the following channels:

WhatsApp Number: Non available curently

Phone Number: 09087614169, 09087614170

Email: [email protected]

Office Address: Room 301, Jopebi road No. 62, Ikeja, Lagos, Nigeria

Feel free to contact KashCash's customer care for any loan-related inquiries, repayment concerns, or additional information you may need.

KashCash Loan FAQs

How do I contact Kashcash?

For any further assistance or queries, feel free to contact KashCash's customer care through phone, email, or visit their office address.

What is the interest rate of Kashcash?

The interest rate for Kashcash loans ranges from 12% to 34% per year. The exact interest rate you are offered will depend on your credit score, the amount of money you borrow, and the length of your loan term.

Here is an example of how interest works with Kashcash:

Loan amount: NGN5,000

Loan term: 180 days

Interest rate: 12%

Total interest: NGN5,000 x 12% = NGN600

Total repayment amount: NGN5,000 + NGN600 = NGN5,600

Please note that these are just estimates and your actual interest rate and repayment amount may vary.

Where is KashCash office located?

KashKash office Address is located at Room 301, Jopebi road No. 62, Ikeja, Lagos, Nigeria

How to apply for loan on KashCash?

You can apply for a loan on KashCash by following these steps:

●        Install the KashCash app from the Google Play or App Store.

●        Create an account and fill out the required information, such as your name, email address, phone number, and BVN.

●        Connect your bank account and KashCash account.

●        Fill out the loan application form with details about your income, expenses, and work history.

●        Examine your loan terms and conditions before submitting your application.

●        KashCash will assess your application and contact you within 24 hours with their conclusion. If your application is approved, cash will be transferred to your bank account within one working day.

How much can I borrow from KashCash for the first time?

When you take out a loan for the first time with KashCash, the most money you can borrow is NGN5,000. On the other hand, if you make on-time and complete payments toward your loan, your credit limit can be raised. The amount of money you can borrow from KashCash is determined by a scoring system, and if you have a history of making payments on time, your score will rise over time.

 

Conclusion

Applying for a KashCash Loan is a straightforward process that offers individuals the flexibility and convenience of accessing funds for their financial needs.

By following the step-by-step application guide and understanding the loan features, interest rate, and eligibility criteria, borrowers can make informed decisions and secure the financial assistance they require.

For any further assistance or queries, feel free to contact KashCash's customer care through phone, email, or visit their office address.