FlashLend is a Nigerian digital loan app that provides short-term personal loans among other services. The Android based app gives collateral free loan starting from N5,000 to a maximum loan amount of N200,000 with minimal documentation. FlashLend loan app is relatively new in the business and has so far gained over 10k downloads on Google play store with mixed reviews. It uses a loan software to collect prospective customers information including phone records, banking transaction…
Fair Credit is a Nigerian digital microfinance app that provides short-term personal loans among other services. Besides providing personal loans the app also comes with other features including an account number that can be used to send and receive money from anyone in Nigeria, and a bill payment platform. The Android based app gives collateral free loan starting from N5,000 to a maximum loan amount of N100,000 with minimal documentation. Fair Credit loan app is…
Dollar is scarce in Nigeria due to the poor state of the country’s economy and the CBN is tightly control it’s exchange. The CBN set the official exchange rate of dollar to naira at around N415/$ – this is the rate at which the apex bank sells to commercial banks who in turn sell to their customers at a similar rate. But getting dollar at this rate or at all from your local commercial banks…
If you’ve ever borrowed an emergency fund from one of the multitudes of digital lenders available online, the one thing you must have noticed is the high interest rates most of them charge on short-term personal loans. The average loan app in Nigeria will charge you anywhere between 10% – 20% for a 14 day loan, some even charge the same interest rate on a 7 day loan tenure. And for longer term loans of…
The personal loan market in Nigeria is almost over saturated with mediocre apps. Loan apps that barely do what they advertise and are causing users headache. This is why we write these reviews to at least give potential users some ideas of what to expect before using some services. Kashcash loan app is a Nigerian personal loan platform for android phone users that provides collateral free loans with minimal documentation. If you’re an Android user,…