KashLoan 1.0.8

KashLoan presents a digital platform dedicated to facilitating secure loan options tailored to individual financial needs. This service offers personal loans and payday loans, enabling borrowers to apply based on their creditworthiness.

• No collateral required: There is no obligation to provide collateral, simplifying the loan acquisition process.
• User-friendly application: The entire application process occurs online, ensuring straightforward data entry and efficient navigation.
• Security and confidentiality: KashLoan prioritizes user privacy by safeguarding personal information and ensuring no data is shared with third parties without explicit consent.
• Responsive customer service: The service offers professional customer support to assist with any inquiries or issues that may arise during the loan process.

Application Process for a Cash Loan via KashLoan:

1. Download the KashLoan app.
2. Register and complete the loan application form.
3. Wait for verification.
4. Funds will be disbursed directly to your account without delay.

Loan Product Details:

• Loan Amount: TZS 5,000 to TZS 500,000 and ₦5,000 to ₦300,000
• Loan Duration: Ranges from a minimum of 91 days to a maximum of 180 days
• Annual Interest Rate: Capped at 28% per annum (APR)
• Daily Interest Rate: Approximately 0.0767% (28%/365)
• Service Fees: No additional charges apply

Example Calculation: For a loan of ₦50,000 at an annual interest rate of 28% over a period of 180 days, the total repayment amount would be ₦56,904. This includes ₦50,000 as the principal plus interest calculated as follows: ₦50,000 × 28% (APR) × (180/365), with no added fees. The resulting monthly payment would be approximately NGN 9,484 (₦56,904 divided by six months).

Further Information:

• Operating Hours: Monday – Friday, 08:30 -16:30
• Address: 21 Abeokuta Street, Area 8, Garki, Abuja, AMAC, FCT
• Email: [email protected]