Cashpaddie loan – Are you looking for a quick and easy way to get a loan in Nigeria? Do you need some extra cash to pay for an emergency, a business opportunity, or a personal need? If so, you might want to consider Cashpaddie Loan, an online lending platform that offers loans up to ₦50,000 without any collateral or paperwork.
In this article, we will explain what a Cashpaddie loan is, how it works, what are the benefits, requirements, interest rates, repayment options, customer care contacts, and how to apply for a loan.
What is Cashpaddie Loan?
Cashpaddie Loan is an online lending platform that provides short-term loans to Nigerians who need urgent cash. Cashpaddie Loan is operated by Cashpaddie Ltd., a registered company in Nigeria. Cashpaddie loan aims to help Nigerians find a solution for their individual financial needs by providing quality service and financial resources.
How Does Cashpaddie Loan Work?
Cashpaddie loan works through a mobile app that you can download from Google Play Store. The app allows you to apply for a loan online from start to finish without any paperwork. You just need to fill out your information correctly and submit your borrowing request. If approved, you will receive money in your bank account as soon as the next hour.
Benefits of Cashpaddie Loan
Cashpaddie loan offers several benefits to its borrowers, such as:
– Easy to apply: You can apply for a loan anytime and anywhere with your smartphone. You don’t need any collateral or guarantor to get a loan.
– Fast funding: You can get your loan disbursed within minutes after approval. You don’t have to wait for days or weeks to get your money.
– Loans that fit your financial needs: You can choose a loan amount from ₦3,000 to ₦50,000 and a loan term from 91 days to 365 days. You can also repay your loan in installments according to your income and budget.
– Top-rated, personalized service: Cashpaddie Loan provides professional and quality customer service. They are available 24/7 to assist you with your request. They also respect your privacy and do not share your information with any third parties.
– No hidden fees: Cashpaddie loan is transparent about its fees. You will know what to expect before you apply for a loan. There are no rollover charges, no transaction fees, and no penalties for early repayment.
Requirements for Cashpaddie Loan
To be eligible for a Cashpaddie loan, you need to meet the following requirements:
– Be a Nigerian resident
– Be between 18 and 60 years old
– Have a valid Bank Verification Number (BVN)
– Have an Android phone
– Have a bank account that can receive money
– Have a stable source of income
How to Apply for Cashpaddie Loan
If you are interested in applying for a Cashpaddie loan, you can follow these simple steps:
– Download the Cashpaddie app from Google Play Store
– Register for an account with your name, BVN, and other information
– Link your ATM card (this will cost you ₦30)
– Apply for a loan on the app home page
– Choose your loan amount and term
– Wait for approval
– Receive your money in your bank account
Interest Rates for Cashpaddie Loan?
Cashpaddie loan charges a service rate and an interest rate for their loans. The service rate ranges from 6% to 24%, while the monthly interest rate is 0.5%. The annual percentage rate (APR) is between 12% and 30%, depending on the loan amount and term.
For example, if you choose a 3-month loan and borrow ₦20,000, the Cashpaddie loan charges you a service rate of 6% and an interest rate of 0.5% per month. The APR is 12%. The total amount you need to repay at the end of the term will be ₦21,500.
How to Repay Cashpaddie Loan?
You can repay your Cashpaddie loan through the app or bank transfer. You can choose to repay your loan in full or in installments according to your repayment schedule. You can also repay your loan early without any penalty.
To repay your loan through the app, you need to follow these steps:
– Open the Cashpaddie app and log in to your account
– Go to the “Repay” section and select the amount you want to repay
– Confirm your payment details and click “Pay Now”
– Enter your card details and complete the payment
To repay your loan through bank transfer, you need to follow these steps:
– Transfer the amount you want to repay to the bank account provided by Cashpaddie
– Send an email with your name, phone number, and payment proof to csoffice@cashpaddie.com
– Wait for confirmation from Cashpaddie
How to Contact Cashpaddie Customer Care?
If you have any questions or feedback about Cashpaddie loan, you can contact their customer care through the following channels:
– Email: csoffice@cashpaddie.com
– Website: http://www.cashpaddie.com/
– App: You can send a message through the app’s chat feature
Conclusion
Cashpaddie Loan is an online lending platform that offers quick and easy loans up to ₦50,000 without any collateral or paperwork. You can apply for a loan through their mobile app and get money in your account within minutes after approval. You can also repay your loan in installments or in full according to your preference.
Cashpaddie loan has several benefits such as low-interest rates, no hidden fees, flexible repayment options, and excellent customer service. You just need to meet some basic requirements such as being a Nigerian resident, having a BVN, an Android phone, a bank account, and a stable income.
If you need some extra cash for any reason, you might want to give Cashpaddie loan a try. It is fast, convenient, and reliable.
