Are you afraid of going to the bank to get a loan or other financial institutions because you don’t want to use collaterals or because you are afraid of being rejected? then you can consider borrowing from kashkash using the kashkash loan app.
However, you should not just go off now and download the kashkash app without carefully reading this kashkash loan app Review so you can really understand everything about the platform if it’s really 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.
Just like Palmcredit and other loan apps, the kashkash loan app is a flexible instant loan application that gives out loans to qualified applicants.
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 which are classified as Super loans and Best loans.
Who Owns Kashkash Loan App?
At the time of writing this article, the owner of the Kashkash loan app has not really been revealed, however, according to the information found on Legit.ng, the company could be owned by the same people that own Opera.
According to Legit.ng in the quote
According to an investigation, Okash, KashKash and CreditMe are owned and operated by the digital payment platform.
It is a Chinese firm owned by Opera, the browser company. Okash operated as a payday loan in the until it started to operate as a stand alone app in the stores.
Kashkash Loan Requirements
Before you can get a loan from any financial institution or app, you have to meet the requirements of that institution, same as KashKash, you have to meet the following requirements to borrow money from it.
- You must be a citizen of Nigeria.
- You should be around 22 years of age and a maximum of 55 years old.
- You must have a food credit record.
KashKash Loan App Interest Rate.
When it comes to 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%.
How to Apply for Kashkash Loan
the application process for getting a loan from Kashkash is very simple and easy for even A novice to understand without being directed.
To apply for a Kashkash loan, follow the steps below.
- Install the KashKash App using the download step below.
- Register an account
- Fill out your information accurately and submit
- Apply
- The loan will be paid to any account you choose
Kashkash Loan App Download
Downloading the Kashkash loan app is as simple as downloading any other app to your device. For Android users, all you need is your Google play store and Apple store for iOS users.
Below is a simple guide to downloading the Kashkash app on your device.
- open your Appstore on your device.
- Click on the Search button and type “kashkash”
- Click on the app and click install
- Allow its download and get installed on your phone then you can go ahead with the registration process.
However, if you don’t want to use the search button, you can use this download link below to go straight to the download page.
- Download Kashkash for Andriod
- Download Kashkash for iPhone ( not available at the moment )
Kashkash Login for Mobile and Desktop
You must be logged into the app after registering in order to apply for the loan you require. To log in KashKash loan app on mobile and desktop is the same thing. You only need your registered username and password to sign in to the KashKash loan app.
It is however important to note that the Kashkash loan app only works as an Android app and therefore, is not available on your PC or iOS.
Kashkash Loan Code?
At the time of writing this article, Kashkash does not have any loan code for borrowing money from them, unlike other loan apps like Migo which has a code. Everything is done on the app alone with Kashkash.
Is Kashkash Legit?
At the time of writing this article, Kashkash is actually very legit because from its review on play store and other review sites, it has gotten a lot of positive reviews stating that they are paying and not a scam.
So for the time being, feel free to borrow from Kashkash if you are really in need of money and you are sure that you can easily pay back in the set time.
How Much Can You Borrow with Kashkash Loan App?
From the Kashkash Loan App, you can borrow between N1,000 and N50,000 for terms that range from 91 to 365 days as a new customer.
However, depending on your credit history, and repayment history, you might eventually qualify to borrow up to N100,000 from Kashkash and repay back within 91-365 days.
Kashkash Loan Nigeria Pros and Cons
Below are the pros and cons of the Kashkash loan app in Nigeria.
Kashkash Loan Nigeria Pros
- No hidden charges
- You can borrow up to N100,000
- You can choose your payment tenure
- It is secure, reliable, and flexible
- We are available 24 hours, every day of the week
- Fast and secure loan application process
- easy sign-up application platform
- No guarantor, collateral is needed
Kashkash Loan Nigeria Cons
- Age limitation
- Short term loan
- High-interest rates
- Slow customer service
- Requires access to contacts, messages, and call history
KashKash Contact and Customer Care Number
To get in contact with Kashkash for complaints or any problems, you can do that using the following;
Email: help@kashkash.ng
Customer Service Hotline number: 09087614169, 09087614170
Address: Room 301, Jopebi road No. 62, Ikeja, Lagos, Nigeria.
In Conclusion
Kashkash is actually one of the good and reliable lending apps in Nigeria you can use to get at least N1000 to N100,000 emergency loans.
Kashkash would also require access to your phone contacts, call history, messages, etc to enable them to reach out to your frequently called contacts and ask them to urge you to repay your loan. It is also speculated to be owned by Opay, the same company which operates the Okash loan app in disguise.
