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
Generally, if you’re approved for a loan but decide not to take it, you are not charged a fee for canceling it. However, there are a few important points to keep in mind:
Read the Loan Agreement: When you are approved for a loan, the lender will provide you with a loan agreement that outlines the terms and conditions, including the interest rate, repayment schedule, and any associated fees. It’s essential to carefully read this agreement before signing or accepting the loan.
Loan Disbursement: Sometimes, lenders might approve your loan application, but the funds are not disbursed immediately. If you choose not to take out the loan or change your mind before the funds are disbursed, you can generally cancel the loan without incurring any charges or fees.
Rescission Period: Some types of loans, such as mortgages and home equity loans, may have a “rescission period.” During this time, you have a legal right to cancel the loan without penalty. The duration of the rescission period can vary by jurisdiction and the type of loan. Always check with your lender to understand if a rescission period applies to your loan.
Origination Fees: While canceling a loan application typically doesn’t result in a fee, some lenders charge origination fees that are assessed when the loan is funded. If the loan funds have not yet been disbursed and you cancel the loan, you should not be charged these fees. However, if the loan has been funded, you might be responsible for any origination fees already incurred.
To avoid any confusion or potential charges, it’s crucial to communicate your decision to the lender as soon as you’ve made it. You can contact the lender to cancel the loan, and they should provide you with the necessary steps and instructions to do so. Always keep records of your interactions with the lender in case any disputes arise.
Remember that the specific terms and policies may vary by lender and the type of loan, so it’s wise to review the loan agreement and discuss any questions or concerns with the lender before making a final decision.
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
