CashBean Loan App, Login, Review, company details, Customer Care Number

In a world where financial needs can arise unexpectedly, having access to quick and reliable financial solutions is crucial. 

Traditional loan applications are often marred by cumbersome paperwork, lengthy waiting periods, and stringent eligibility criteria, leaving individuals in dire need of funds in a state of frustration. 

CashBean Loan App shatters these barriers, offering a streamlined and user-friendly platform that expedites the loan process, ensuring that financial assistance is readily available when needed most.

Company Details

Cashbean, the Nigerian-based loan app, offers exactly that – a simple, convenient, and secure way to borrow money with low interest rates and flexible terms. No collateral or complicated paperwork is required, making it an ideal solution for individuals seeking financial assistance.

The Cashbean App provides a range of flexible lending products to cater to the diverse financial needs of its users. 

Loan Products

Loan Amounts: Cashbean offers loans ranging from N10,000 to N100,000, providing users with a flexible range of options to meet their financial requirements.

Loan Terms: The minimum loan term is 91 days, while the maximum loan term is 365 days. This flexibility allows users to choose a repayment plan that aligns with their financial situation.

Interest Rates: The annual interest rates for Cashbean loans vary between 12% and 24% APR. These rates are competitive and transparent, ensuring that users are fully aware of the costs involved.

Service Fees: Cashbean does not charge any service fees, making it a cost-effective option for borrowers.

Collateral and Paperwork: Unlike traditional loans, Cashbean does not require any collateral or complex paperwork, streamlining the application process and making it accessible to a wider range of borrowers.

Features that Make Cashbean Stand Out

• Low Interest Rates: Cashbean offers some of the most competitive interest rates in the Nigerian market, ensuring that your loan repayments are affordable.
• Flexible Terms: Choose from a variety of loan amounts and repayment periods to suit your individual needs and financial situation.
• Simple Process: Applying for a loan is straightforward and can be completed entirely through the Cashbean app.
• No Collateral Required: Unlike traditional loans, Cashbean does not require any collateral, making it accessible to a wider range of borrowers.
• Paperless Application: Say goodbye to piles of paperwork. Cashbean's online application process is quick and easy, eliminating the hassle of physical documents.
• Fast Approval: Cashbean's approval process is designed to be efficient, with decisions typically made within minutes.
• Privacy Protection: Cashbean takes data privacy seriously and implements stringent measures to safeguard your personal information.
• Mobile-Friendly App: The Cashbean app is available for both Android and iOS devices, allowing you to manage your loan from anywhere.

Login

To login 

• Open the CashBean app on your phone.
• Enter your email address and password.
• Tap the "Login" button.
• If you have forgotten your password, you can usually reset it by clicking on the "Forgot password?" link.

Eligibility & Requirement

To be eligible for a CashBean loan, you must meet the following criteria:

• Age: Applicants must be between 20 and 55 years old.
• Nationality and Residency: Borrowers must be Nigerian citizens and reside within Nigerian territory.
• Valid Identity: To ensure authenticity, borrowers must possess a valid and unaltered national identity card.
• Bank Account: Borrowers must have a valid bank account that is eligible for transfer and receipt transactions.
• Employment and Income: Borrowers must have employment and a regular source of monthly income.
• Smartphone Access: Applicants must have a smartphone, download, and install the Cashbean app to apply for a loan.

How It Works

The CashBean Loan App application process is quick and easy:

• Install the CashBean App: Download the CashBean Loan App from the Google Play Store.
• Create an Account: Register for an account by providing your basic personal information, including your name, phone number, and email address.
• Select Loan Product: Choose the type of loan product you want to apply for, such as a personal loan or a business loan.
• Fill Out Application: Complete the loan application form, providing details about your income, expenses, and employment history.
• Submit Application: Submit your completed loan application for review.
• Verification Call: You may receive a call from CashBean Loan App to verify your information.
• Application Review: CashBean Loan App will review your application and provide you with a decision within minutes. If your application is approved, you will be notified via SMS and email.
• Loan Agreement: Once approved, carefully review and agree to the terms of the loan agreement.
• Loan Disbursement: Upon confirmation of the loan agreement, the approved loan amount will be disbursed directly into your bank account. You will receive an SMS notification once the funds have been transferred.
• Repayment: Make regular repayments according to the agreed-upon schedule. You can manage your repayments and track your loan balance within the CashBean Loan App.

Customer Care Number 

CashBean Loan App is committed to providing excellent customer service. If you have any questions or concerns, you can contact their customer care team through the app or via email. 

Service Email: [email protected]

Website: https://web.cashbean.loan 

Office Address: Oshodi pedestrian Overpass, Ilupeju 5255, Ikeja, Nigeria.

Phone: 017001000 or 018888188

FAQS

Is Cash Bean loan legit?

Yes, Cash Bean loan is a legitimate service that provides loans. However, it's important to note that they are not licensed by the Central Bank of Nigeria (CBN) nor insured by the Nigeria Deposit Insurance Corporation (NDiC). 

What happens if I default on my CashBean loan?

If you default on your CashBean loan, you may face consequences such as:

• Increased interest rates
• Defamatory messages to your contacts
• Blacklisting from credit bureaus

How much can I get from CashBean Loan App?

With CashBean, you can obtain a loan of up to ₦100,000. The amount you can borrow depends on your creditworthiness and repayment history. As you continue to take loans and repay them regularly, the loan amount you can obtain may increase.

What is CashBean Loan App's interest rate and repayment period?

The interest rate for CashBean loans ranges from 5% to 20%, depending on the loan amount and repayment period. The repayment period is between 7 days and 3 months.

How do I pay back my CashBean loan?

You can repay your CashBean loan using various methods, including ATM, bank transfer, or through the CashBean app. When making a transfer, ensure you have the correct account number to avoid any issues.

Conclusion

Whether you're facing unexpected medical expenses, or urgent travel needs, CashBean Loan App can be your reliable partner in times of need. With its quick and convenient loan process, flexible terms, and commitment to customer service, CashBean Loan App can help you go through financial challenges with ease.