What are the fees and interest rates for Instant Cash App in Kenya? - FairKash+ Loan

FairKash+ Loans

Share Now
FairKash+: online cash loan

Free

In Kenya   V 4.0.2

5.0 (1 million +)

Security Status

for Android

FairKash+:

online cash loan

for Android

Free

In Kenya   V 4.0.2

5.0 (1 million +)

Security Status

What are the fees and interest rates for Instant Cash App in Kenya?

The Instant Cash app is a very convenient way to get a loan, which can help users get a loan quickly when they are in urgent need of funds. As technology develops, more and more people are choosing to use such applications to get loans. In Kenya, instant cash apps are also becoming increasingly popular. This article will introduce the fees and interest rates of instant cash apps in Kenya.

Application requirements

To get a loan with Cash Now app, you need to meet the following criteria:

– Aged 18 or above

– Possess valid identification

-Have a mobile phone

– Have a stable source of income

Fees

FairKash+: online cash loan

Free

In Kenya   V 4.0.2

5.0 (1 million +)

Security Status

for Android

The cost of instant cash app in Kenya includes:

-Interest: Typically 10% to 15%, depending on the amount and term borrowed.

– Handling Fee: Most applications charge a handling fee of 2% to 5%.

– Liquidated damages: If you fail to repay as agreed, you may be charged liquidated damages, which vary by application.

Interest rate

Interest rates for instant cash apps in Kenya are usually between 10% and 15%. Some apps may offer lower rates, but you’ll need to meet certain conditions to get these deals.

How to apply for an instant cash app loan

If you are eligible and want to apply for an instant cash app loan, you can follow these steps:

1. Download the application of your choice and install it.

2. Register an account and fill in personal information and loan purpose.

3. Upload your identification and other necessary documents.

4. Select the loan amount and term you need.

5. Wait for the application review result, which usually takes a few minutes or hours.

6. If your loan application is approved, you will receive funds within minutes.

How to repay the loan

Repayments can usually be made through an app. You can choose to repay using a credit card, debit card or mobile payment platform. You need to make your repayments exactly as agreed or you may be charged liquidated damages.

Cash Now app is a convenient and fast way to borrow money in Kenya. Fees and interest rates depend on the amount and term borrowed, but are typically 10% to 15%. If you qualify and need access to cash quickly, consider an instant cash app loan. However, make sure you repay exactly as agreed to avoid being charged liquidated damages.

FairKash+: online cash loan

Free

In Kenya   V 4.0.2

5.0 (1 million +)

Security Status

for Android

FairKash+:

online cash loan

for Android

Free

In Kenya   V 4.0.2

5.0 (1 million +)

Security Status

Suggested Articles

READ MORE
Is loan application safe without CRB check?

In today’s digital age, the convenience of accessing financial services through mobile applications has become increasingly popular. One such service is the provision of loans without the need for a CRB (Credit Reference Bureau) check. While this may seem convenient,

Continue Reading
Loan Apps How to avoid CRB checks and get money in Kenya?

In Kenya, accessing funds through loan apps has become a popular option for many individuals. However, some people may want to avoid the Credit Reference Bureau (CRB) checks that are typically required when applying for loans. This article will provide

Continue Reading
Unpacking Kenya’s No CRB Check Loan Apps, Everything You Should Know

Kenya is a country where access to credit plays a crucial role in the daily lives of its citizens. However, the traditional process of obtaining loans often involves rigorous credit checks by the Credit Reference Bureau (CRB), which can be

Continue Reading
Kenya, how to apply for a loan application without CRB check?

In Kenya, applying for loans without the need for a CRB check has become increasingly popular among individuals seeking quick financial assistance. With the rise of loan apps that offer this service, it has become easier for people to access

Continue Reading
Instant M-Pesa Loans, FAQs You Need to Know

In this article, we will provide you with a comprehensive guide to understanding and applying for instant M-Pesa loans. M-Pesa is a mobile money service widely used in Kenya that allows users to carry out various financial transactions, including accessing

Continue Reading
Instant M-Pesa Loan, the best way to get money fast?

In today’s fast-paced world, the need for quick access to funds has become increasingly important. Whether it’s for emergencies, business opportunities, or personal investments, having a reliable and efficient way to secure loans can make all the difference. One such

Continue Reading

Copyright ©️ 2022 FairKash+. All right reserved