If you need a quick loan to take care of some stuff, there are lots of loan apps you can access on the play store. Among them is 9ja cash loan app
9ja cash is yet to gain rating like the already established loan apps which include fairmoney, branch loan and paylater loan but it is only a matter of time before Nigerians at large will know if they are in for long term or just a flash.
9ja cash is one of the best loan apps in Nigeria that provides you with an online platform to get personal loan without having to worry about collateral. This innovative fintech app ensures you pass through this phase without the usual rigorous process.
On 9ja cash loan app, you are offered a hassle free and almost an instant loan. Although, I have not used this loan app but I have made some investigations, so far the testimonies have good.
The main focus of this fintech company is to help anyone who is currently in a tight position and urgently needs a temporary cover. 9ja cash loan app will ensure you have the borrowed money quickly.
Meanwhile, there are lots of reasons why an individual will see a loan as an option. It could be to take care of some pending bills, upgrade or buy some appliances, plan a date or wedding, improve a hustle, start an online business. Whatever you have planned out, 9ja cash loan app is available anytime to help you sort it out.
Benefits of 9ja Cash Loan App
- Loan is fast, reliable, secure and easy to obtain.
- This loan app can be accessed at any time and any day.
- Freedom to choose your payment tenure.
- There are no hidden charges or collateral to secure the loan.
- 9ja cash uses artificial intelligence algorithms to run credit scoring.
- Customers will be able to receive an instant credit decision after applying.
- 9ja cash quick loan app is paperless, that is you do not need to worry about manual documentation.
How does 9ja cash loan app work
Like all loan emergency loans in Nigeria, it is important to satisfy the basic requirements of getting a loan. The first requirement is to have a source of income that can be verified. It is even better if you are working for an organization or with the federal government. Those that are self employed might need to prove their case beyond reasonable doubt that they can pay as arranged.
A loan of N5,000 to N300,000 can be accessed on 9ja cash and with the repayment period between 91 days to 180 days, that is 3 months to 6 months. If you are just joining the system, you might find your loan amount reduced but as you continue to prove your creditworthiness, you will be able to get even better loan.
Interest and service fee ranges from 1% to 34% with an equivalent monthly interest of 3% – 29% and APR of 29% – 365%. For instance, if you choose to borrow N1000 on a 6-month loan, 9ja cash will charge an interest rate of 4.4% per month. Therefore, the interest rate is 26.4 on a 6 months tenor. Total amount to be repaid is 1264.
9ja cash will need to verify some information using the data on your phone including your SMS history. The data you choose to share with 9ja cash loan app is also encrypted, which ensures that your shared data is secured.
How to get a loan 9ja cash loan app
- Go to Google Play Store to install 9ja cash loan app.
- Register your account by providing your details.
- After filling out your basic information, click on submit.
- Ensure your details are correct, most especially your phone number, address, names and BVN.
- The loan amount will be sent to your bank account if approved.
9ja Cash loan app contact details
- Address: Admiralty Way, Beside Tantalizers, Providence House 105112, Lekki Phase 1.
- Email: [email protected]
- Facebook: https://www.facebook.com/9jaCash.ng/