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NCash Loan App Review – Personal loan app in Nigeria

NCash is a secure online loan app that offers quick and flexible personal loans to Nigerians. The app offers loans up to N 100,000 with no paperwork, Free registration and no collateral.

NCash offers simple and No upfront fee online loan in Nigeria.

How to download APK and apply for NCash loan?

Get an instant loan in few simple steps:

  1. Download and install the NCASH LOAN APP from the Google Play Store. It is exclusively available to Android users only.
  2. Register an account with your BVN number.
  3. Select the product you would like to apply for.
  4. Fill out your basic information, then submit the application.
  5. Bind your ATM card to your account to increase your chances, you will be charged N30.
  6. Loan will be disbursed to your account immediately if approved.

Your BVN number holds your credit score and other information. If you have any outstanding loan or you have a history of late repayment, expect your application to be rejected as these information will be contained in your BVN.

NCash interest rate?

The Interest rate offered on NCash Loans is a minimum of 0.1% up to 1% daily. Maximum APR: 14%
Service fee: 0 and overdue fee:2.5%
📝Interest calculation:Loan amount is 10,000 NGN and the term is 91 days. If you are 2 days overdue,the amount payable is 10,599 NGN(10,00014%/36591+10,000+10,000*2.5%)
Note, your actual interest rate might differ significantly from these as each rate is calculated differently based on the borrower’s credit worthiness and credit score.

Loan amount starts from a minimum 1,000 NGN to maximum of 100,000NGN
Loan term: 91 days – 120 days
Expect your loan term to be significantly lower as individual loan terms are calculated based on credit worthiness and credit score.

Note that this interest rate and tenure is just a guide, expect your actual interest rate to be much lower and your tenure starts from 7 days for new customers.

Repay your loans in time or complete Increase Limit tasks to build your credit limit and reduce the interest rate.

Why choose NCash?

  • No collaterals: No hidden fee and without any collateral loan in Nigeria
  • Convenient to get the loan: Paperless and digital process on your mobile. All the steps can be done online.
  • Easy to approve: If you are a Nigeria citizen and your age is over 18 years old

Is NCash legit or a scam?

NCash loans is legit and does give out loans to customers. However, this app will collect your contacts at the point of registration and call them if you default on your loan. Customers have complained that they were reported to their families and friends as debtors even after just a single day of defaulting. Read other customers reveiw on Google play store and be careful when using this app.

Ncash and other loan apps are not licenced or regulated by any government agency in Nigeria, you are responsible for the safety of your transactions.

What Ncash loan app can improve

Several customers have complained of rude customer service who send threatening messages over late repayment. Unregulated loan sharks usually resort to threats to recover their loans from customers.

Similar message might be sent to you and your contacts should you default on Ncash loan.

Interest rate is also high for new customers and they get seven days to repay their loans plus interest.

NCash Contact and customer service

If you have the need to reach out to the customer service you can contact them via:
office Address: Lateef Jakande Rd, Ogba, Ikeja, Lagos, Nigeria
Email: customercare@Ncash.com

Ismaeel

Statistician with interests in finance, risk management, loan products and market surveys. I also write on crypto currencies, Forex and a variety of financial instruments.

23 Comments

  1. HV paid my money into your zenith Bank account since on Thursday last week instead of u to go and confirm from ur bank ur sending messages to my contacts just to tanish my image wicked people

      1. you approved 8k fore.and since yesterday nothing has been credited into my account. i hope this is not a set.up

  2. Please I don’t know how to pay the loan back to which account l don’t know pls help

    1. You should reach out to the customer service through the official channels, and if you can’t reach them hold your money, they will contact you when it’s time to repay. Be careful not to pay into the wrong account.

  3. Hello,Pls anyone that has Ncash contact here should warn them from sending msgs to people to harrass them .I don’t even know the person that borrowed money from them and gave them my details.The person’s number they sent to me is not going through and Ncash itself even doesn’t have a contact number..What kind of rubbish message is that.

    1. My sister I don’t even know why people borrow from them they can ruin your reputation in 1seconds.please let’s learn to make do with what we have because collecting money from this people is like using a long rope to tie your neck.my brother in-law that borrowed from them is so depressed they can’t actually help you be wise

  4. Dear N kash,

    I just got this text message on my phone and I thought of sending you a direct Email.

    TREAT AS URGENT: This is to inform the general public that: Jennifer omoefe ; Phone: 08167289975/ 08167906153 is a FRAUDSTER AND DECIETFUL PERSON,THIS PERSON has PROVEN to be a RUTHLESS/CHRONIC and UNREMORSEFUL DEBTOR who goes about COLLECTING MONEY from different COMPANIES . this person is currently on the run with our companies money(NCASH) and has refused to pay nor pick our calls. Be informed that this person has been declared wanted. Pls contact us if you have any information about this person as soon as possible, else the company will proceed to the next action, because this person provided us with all your details and if you are not aware of this loan you can as well call the person to delete your information in the app,, because soon the person pictures along side your own pictures will be posted on all social media in the next FEW HOURS……NCASH.

    Please be informed that I’m not aware of the person(Omoefe Jennifer) stated above and whatever transactions you had with him/her, I can also remember I didn’t sign any guarantor form for anybody.
    So the minute I see any part my information online for this, deformation of character sets in. So be prepared as well. N kash won’t dent my image in anyway and go scot free, this I promise.

    #Dominic Oghenekevwe!

    Thank you and may God bless you.

    Regards.!

  5. GOOD MORNING
    I just received this message below this morning

    NOTICE! The Name: Kelvin Amechi Onwudegu Phone: 08035046695 BVN:
    Took a loan from N-CASH LIMITED and has refused to pay back after series of calls and messages, The Public is Advised to distance from the above person mentioned will be disgraced and face enormous embarrassment that will bring about disgrace to the face of the pubic.
    THIS WILL BE POSTED TO THE SOCIA MEDIA TODAY IF THE PERSON FAIL TO PAY TODAY, FOR THE MENTIONED PERSON PROVIDED US WITH YOUR DETAILS AND IF YOU ARE NOT AWARE, YOU CAN AS WELL TELL THE PERSON TO REMOVE YOUR DETAILS. N-CASH LEGAL TEAM.

    Please be informed that I don’t know this person(Kelvin Amechi Onwudegu) stated above and whatever transactions you had with him/her, I can also remember I didn’t sign any guarantor form for anybody.
    kindly don’t dent my image with any of my information on social media as failure to adhere to this will lead to deformation of character and be prepared as well to dance to the tune of the music when he time comes. N-Cash won’t dent my image in anyway and go scot free, this I promise.

    #KENNETH UCHENMA

    Thank you and Regards.

  6. TREAT AS URGENT: This is to inform the general public that: Name: Name: Emmanuel OchidiPhone: 08067331620 08097103187070307551500816135674207030533165Brother Cyprian08108479243Brother Thomas is a DECIETFUL PERSON,THIS PERSON has PROVEN to be a RUTHLESS/CHRONIC and UNREMORSEFUL DEBTOR who goes about COLLECTING MONEY from different COMPANY . this person is currently on the run with our companys money(N-CASH) and has refused to pay nor pick our calls. Be informed that this person has been declared wanted. Pls contact us if you have any information about this person as soon as possible, else the company will proceed to the next action, because this person provided us with all your details and if you are not aware of this loan you can as well call the person to delete your information in the app,, becuase soon the person pictures along side your own pictures will be posted on all social media in the next FEW HOURS……N-CASH MEDIA TEAM WARNING
    *. *. *
    I dare you to carry out your threats of publishing my name on social media.
    You will then tell the court if I was a signatory or a guarantor.
    Just try , I’m waiting!

  7. I wonder the kind of business you are doing. How dare you threaten me that I will be held responsible if your customer refuses to pay back a loan, simply because according to you, he used my profile to access loan. A name and number I don’t even recognize? Did you run a check to confirm the details he presented to you. Read the stupid message you sent to me, and ask yourself if you are qualified to run a loan business. What madness is this? Can’t you be diligent with your business? What a shame. See your message below and note that we will go to court if you ever attempt to delay my time with any so called police invitation.

    Hello sir/ma, this is to inform you that Name: Ogunwole Tokunbo OlusegunPhone: 08038000268, 08068230068 has an unresolved financial issue with our company. This person mentioned used your profile as an EMERGENCY CONTACT with our company. We are urging you to reach out to this person. We will be reporting this case to the NIGERIA POLICE FORCE (NPF) and the Legal Tax Force governing loan recovery in NIG, if this person failed to pay his loan back before 5PM today and you will also be invited to the station from our legal team and also held responsible. Thanks NCASH Legal Team.

    Go and learn business.

  8. This Ncash is a very useless company!
    I wonder if they actually have educated individuals in the midst!
    They keep sending nonsensical messages to my contacts telling them that i made away with the company’s money, labelling me a criminal! The money i owed them has been paid back to them,yet they still go about sending me illogical warning messages on WhatsApp! Even upon sending my evidence of payment they still act phooey! Messed up company i tell you!
    The next time i receive such message from my contacts telling me they’ve been calling me a criminal i’ll sue them for defamation of character and i am I’ll then gain from it if it goes to the court, they’ll pay whatever amount they’re being charged for this offense! What an impetus!

  9. You people should stopped removed my money in my bank account tope oladimeji dada or u won’t find it funny because I don’t collect loan for you so how will u be removed money in my bank account without collected loan

  10. Ncash company want to kill my baby ooo. I made payment twice which the confirm it since October 1 and up still now they haven’t resever it, and I told them my baby is strong that they should send the money to me so that I can use it for hospital stuff . Please all the motherhood reading dis message help me tell them to return my money I need it. They don’t know what am facing here. And nothing must happen to my son. Return my money. To me . Ncash company want to kill my son oooo I need money for him

  11. I mad a payment yesterday n till now dey haven’t cleared my dashboard… Y are u guys so funny D’s is going to b d last of dem all..

  12. You people just keep harassing people even after they have made complete payment. What kind of illegal business do you run that you tarnish your clients image. Pls you people should desist from harassing my brother because he is not owing but you won’t stop sending messages to his contacts. Thieves!!!

  13. Ncash customer service agent 09062833137 is a dubious person. Beware of her. After collecting money from debtors through her personal account details she won’t pay the money.

  14. Its so apauling each time this online loans like SOKOLOANS, NCASH, 9CREDIT, CASHLION, GOCASH, FAST MONEY , GETCASH 9CASH ETC , defame ones character by calling the said person a fraudster and the likes, i wonder why you kept on giving such person loan even after your uncultured insulting and embarrassing messages , it simply shows that the loan you also give out is from a fraudulent source or a diabolic source.

    I am putting it to you this time that you have equally defaulted by breaching the 3rd party agreement on your agreement policy. And i am ready to sue your organization for constantly forwarding such messages to contacts who are not even involved with the loan process, by going into their privacy disturbing them with your fat lies , dehumanizing the victims and after which you still want to take back your loans. I promise you i have no dime to pay back as you have already defaulted in return. I have also reported you to the necessary legal authorities that you purposely give out loans just to frustrate the poor masses also shortening their life span in the process.

  15. i applied for 8k loan and nothing has been seen in my account 2days after. please do the needful

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