With CashMe Loan app you can get up to NGN100,000 instant online loan without Collateral to attend to urgent needs for cash you may encounter from time to time.
CashMe is a professional Loan Platform for mobile users in Nigeria.
The information provided in this article concerning this app is based on information available from the owners of the app and in no way represents the opinion of growfinance and it’s authors.
Put Simply, CashMe is a professional Loan Platform for mobile users in Nigeria. They provide customers with high quality services and intelligent online loan process. No paperwork or credit card needed, use your phone even to apply for a loan at home. Loan application process is secure and safe. With simple steps and minimal documentation, users can get qualified loan products which is 100% online process.
Features Of CashMe Loan
The following are the main Features of CashMe Loan:
1. Loans Amount: Loan ranges from NGN 7,000 to NGN 100,000
2. Loan Tenure: Loan tenure ranges from 91 days to 365 days.
3. Interest Rate The Annual Percentage Rate (APR) is between 10% and 25%.
3. Loan Process: CashMe loan is 100% online process with 24×7 access to loans
4. No credit history required
Note: Penalty is charged only when someone delays their scheduled payment.
See also: KoboGo loan app
Requirements To Apply For And Get CashMe Loan
To apply for and get CashMe loan, you must meet the following eligibility criteria:
1. You must be Nigerian Citizens
2. You must be 18 years or above
3. You must be Salaried/self-employed with regular source of income
How to APPLY For And Get CashMe Loan
To Apply for and get CashMe loan, simply follow the steps below:
1. Download CashMe loan app.
2. Register an account with your phone number
3. Fill in basic information
4. Submit the application
5. Wait for approval
See also : Lendigo Loan app
Benefits Of CashMe Loan
CashMe loan has the following benefits in terms Loan Amount, Tenure, Interest & Penalty
1. Loans Amount: NGN 2,000 to NGN 100,000
2. Loan Tenure: 91 days ~ 180 days (including extension time)
3. The Annual Percentage Rate (APR): 36%~48% according to customer’s credit score
4. No membership fees No Origination Fees No Rollover Charge No Transaction Fees
5. Penalty is charged only when someone delays their scheduled payment.
Example:
If the loan amount is ₦20,000 for 91 days (3 months), the APR is 20%, the interest and total amount to pay on the due date is
Interest: ₦ 20,000 * 20% / 365 * 91 = ₦ 997
Principal repayment = ₦20,000
Total amount of repayment: ₦20,000 + ₦997 = ₦20,997
As the repayment period is for 3 months:
Monthly repayment is ₦20,997 / 3 = ₦6,999
See also: LendMe loan
Data Security With CashMe
Don’t worry about your personal information. CashMe promises that it is safe and they will not share it to anyone without your consent.
Reviews/Feedbacks From Customers Of CashMe
Many customers of CashMe who have used the app to get loan comment that it works well in being fast in registration, loan application and disbursement processes.
However, some Customers of CashMe complain about delays in reflecting repayments in app as well poor approach of loan recovery officers of CashMe.
Contact Details Of CashMe
For further information complaints or feedbacks, do well to contact CashMe using the details below:
Customer Servie Email: [email protected]
Address: Amos house, 12 ogunlana drive, Surulere, lagos, Nigeria，200113
In conclusion, the above information about Cashme loan app is provided to assist you when you have need for online loan to enable you weigh this against other options open to you so as to take an informed decision. We equally advise that you check up our posts on risks associated with online loans, savings and transactions.
See also: Risks associated with online transactions.
Equally note that our website, growfinance, neither provides loans and other banking services nor promotes any app over the other but merely gives information to the public based on information available from app owners