FairKash+ Loans
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
for Android
for Android
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
Getting a personal loan at 18 years old with no credit history can be challenging, as lenders typically prefer borrowers with a credit history that demonstrates their ability to manage debt responsibly. However, there are some options you can explore:
Apply with a Co-Signer: If you have a family member or close friend with a good credit history, they can co-sign the loan with you. This means they’re legally responsible for the loan if you fail to make payments, which can make lenders more willing to approve your application.
Credit Union or Local Bank: Smaller credit unions or local banks might be more flexible in lending to individuals with little or no credit history. Visit them in person or check their websites for information on their personal loan options.
Online Lenders: Some online lenders specialize in providing personal loans to borrowers with no credit or bad credit. Be cautious, though, as these loans may come with higher interest rates and fees. Shop around and compare the terms and rates from different online lenders.
Building Credit: Consider starting to build your credit history through responsible financial management. You can get a secured credit card or ask a family member to add you as an authorized user on their credit card account. Paying bills on time and using credit responsibly will help you establish credit.
Alternative Financing Options: In some cases, you may not need a traditional personal loan. Depending on your needs, you might consider alternatives such as peer-to-peer lending, borrowing from family or friends, or exploring microloans from community organizations.
Part-Time Job and Savings: If you’re borrowing for a specific purpose, consider working part-time and saving up for your expenses. This can help you avoid taking on debt and establish responsible financial habits.
Remember that if you do secure a personal loan, it’s important to manage it responsibly. Make all payments on time and in full to start building a positive credit history. Building credit takes time, so be patient and make wise financial choices to improve your creditworthiness over time. Additionally, make sure to read and understand the terms and conditions of any loan you consider to avoid potential pitfalls like high interest rates or hidden fees.
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
for Android
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
for Android
for Android
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
FairKash+ is approved by the Central Bank of Kenya. Download and use it.
The amount of loan you got.
Contact：+254 796383534
