Morecash loan helps you solve your financial needs via the app, anytime, anywhere without any collateral.
This article based on information available from the app owners, looks into the basic information you need to have to enable you have access to the Morecash online loan.
Features Of Morecash Loan
The following are the main features of the loan with regard to Fees and Interest:
1. Tenure: from 91 days to 365 days.
2. Loan Amount: from NGN 8,000 to NGN 500,000.
3. Interest Rate: from 12% to 36% APR
For example
You apply for a loan with an amount of NGN 100,000 and a total term of 91days,
You will get loan amount NGN 100,000
Loan amount = NGN 100,000
Loan term = 91 days
Interest rate (APR) = 22%
Total interest = NGN 5484.93
Total repayment amount = NGN 105484.93
Why choose Morecash
The following are the main benefits from Morecash that makes it a good choice:
1. You can apply a loan Via the App. No collateral. No paperwork.
2. Credit limit range from NGN8,000 to NGN500,000.
3. Flexible repayment between 91days to 365days.
4. Repay loans in time for higher credit limit and lower interest rate.
5. You will receive repayment remind SMS on your due date.
How To Apply For And Get Morecash Online Loan Up N500,000
You can apply for and get Morecash loan by simply following the Loan application guidance below:
1. Download and Install the Morecash App from the Play Store.
2. Register an account with Nigerian mobile phone number.
3. Input your basic personal information, BVN and bank info, then submit the application.
4. Select expected loan product and loan amount, input your password as final confirmation.
5. The final result will show in the APP and send to your registered phone by SMS.
6. E-sign the loan agreement after the approval.
7. The approved loan amount will be disbursed into your personal account and a SMS notification will be sent.
Eligibility Criteria For Morecash loan
1. Nigeria Resident.
2. 18-60 years old.
CONTACT Details Of Ninecash
1. They are available 24/7 to assist you with your request
2. Service Email: [email protected]