KashKash is a loan app that has recently gained popularity in the market. It is a digital lending platform that aims to make loans more accessible to the general public. With its user-friendly interface and the straightforward loan process, KashKash has quickly become a go-to lending platform for many people. In this article, we will review KashKash and see if it is worth using.
The KashKash app is available on both iOS and Android platforms, making it easy for users to access the app from anywhere. It has a clean and simple design, which makes it easy for users to navigate. The loan application process is straightforward and requires minimal documentation. All you need to do is fill out a form with your details, employment information, and bank account details.
However, you should not just go off now and download the Kashkash app without carefully reading this Kashkash loan app Review so you can understand everything about the platform if it’s safe or not, its requirements, and every other thing you need to know.
What is Kashkash Loan App?
Kashkash was changed to Kashcash by the company after being reported by customers, and FG directed the Google Playstore to take them down. It quickly changed its name from Kashkash to Kashcash to escape from being deleted.
Another advantage of getting a loan from Kashkash is that you will not have to use any documents or collateral, which is what most companies require to give out loans.
The company has two types of loans, Super loans, and Best loans.
Kashkash Loan Requirements
Receiving a loan from Kashkash is an easy process than you might think. However, before you receive a loan from this platform, you need to meet its eligibility requirement.
Age – A salaried and self-employed individual must be in an age limit between 20 to 58 years.
Nationality – The borrower must be a resident of Nigeria
Income – Your minimum Income must be around ₦5,000 monthly or above.
KashKash Loan App Interest Rate.
When applying for online loans in Nigeria, Kashkash, like the Okash app, offers a significant interest rate that ranges from 0.1% to 30%. For one-time charges, there is an origination fee ranging from NGN 1,174 to NGN 6,000.
With a daily interest rate that ranges from roughly 36.5% to 300% each year, if you take out a 90-day loan for instance, the origination charge is 39%, and the interest rate is 2.7%.
Kashkash Loan App Download
1. Search for “Kashkash loan app” in Google Play or the App Store.
2. Next, type “KashKash” in the search bar. You’ll see the app KashKash Loan App.
3. Download the Kashkash loan app now and register on it.
How to Apply for Kashkash Loan
After downloading and installing the KashKash app, follow the steps below to obtain your loan.
- Launch the app and wait for it to load
- Register with your phone number, or other options available
- Time Password (OTP) will be sent to your phone number. Input the code and proceed to the next page.
- Input your details and also provide information about your employment.
- Confirm if all details are correctly filled in and submit.
You will be re-directed to another page; from your dashboard, you can monitor your loan application status and repayment details. Apply for a KashKash loan by:
- Navigating to the loan application section on your dashboard
- Choosing a loan amount, You can obtain a minimum loan amount of ₦3,000 and a maximum of ₦200,000 from the KashKash loan service.
- Enter the bank details and fill out the other forms correctly.
- Cross-check your application for errors and submit.
Your application will be review by the KashKash loan managements. If it’s approved, you will receive the loan amount in your bank account.
Kashkash Loan USSD Code
At the time of writing this article, Kashkash does not have any loan code for borrowing money from them, everything is done on the app alone with Kashkash.
How Much Can You Borrow with Kashkash Loan App?
Nigerian users can enjoy loans from 3,000 to 200,000 naira. It usually starts with a low amount that gradually increases with every successful loan that users make with the app.
Repayment of loan
You should repay your loan on the due date and also complete some tasks on the app, this will increase your loan limit, build your credit limit and also reduce the interest rate for the next time you want to obtain a loan.
To repay your loan, go to your dashboard on the KashKash app and locate the repayment section. Select a repayment option, fill in the necessary details, and complete the repayment process.
How can I contact KashKash?
You can contact KashKash through these ways:
Address: Room 301, Jopebi Road No. 62, Ikeja, Lagos, Nigeria
Email Address: help@kashkash.ng
Phone Number: 09087614169, 09087614170
In conclusion, KashKash is a user-friendly and accessible lending platform that offers competitive interest rates and flexible repayment periods. It is ideal for those who need urgent cash and do not have a high credit score. However, the penalty fees for late-payments and limited loan amounts may deter some users. If you need a small loan quickly, KashKash is worth considering.
