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
Fairkash+ Online Loans: How to Set Up Automatic Repayment Option?
With the advancement of technology, online loans have become more convenient. Fairkash+, an innovative loan application platform, offers users the option of automatic repayment to streamline the repayment process. This article provides a detailed guide on how to set up the automatic repayment option on Fairkash+, ensuring timely payments and avoiding late fees and credit damage.
Step 1: Log into Your Fairkash+ Account: Start by opening the Fairkash+ app and logging in using your account information. If you haven’t registered yet, you’ll need to create a new account and complete the identity verification.
Step 2: Access “Repayment Settings”: On the app’s main interface, there’s usually an option named “Repayment Settings” or a similar title. Click on this option, and it will direct you to the automatic repayment settings page.
Step 3: Choose “Automatic Repayment”: On the automatic repayment settings page, you’ll see an option named “Automatic Repayment.” Click on this option to start setting up automatic repayment.
Step 4: Link Your Repayment Account: Fairkash+ might ask you to link a bank account for automatic repayment. Follow the application’s guidance, input your bank account details, and complete the linking process.
Step 5: Set Up Repayment Schedule: Once you’ve linked your bank account, you can set up the automatic repayment schedule. Choose the date on which you want the automatic deduction to occur and the amount to be deducted each time. Ensure that the selected date and amount align with your repayment capability.
Step 6: Confirm Your Settings: After setting up the automatic repayment schedule, Fairkash+ might ask you to confirm your settings. Double-check that the settings are accurate and then confirm your choices.
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
for Android
Step 7: Grant Authorization: Depending on your region and regulations, Fairkash+ might require you to grant authorization for automatic repayment. Follow the application’s guidance, read and accept the terms of authorization.
Step 8: Successful Setup: After completing the above steps, you’ll receive a confirmation message indicating that you’ve successfully set up the automatic repayment option. You can view and manage your repayment schedule within the app at any time.
Tips and Recommendations:
Ensure Adequate Balance: Before setting up automatic repayment, make sure your bank account has sufficient balance to cover each repayment. Otherwise, it could lead to delays or failures.
Update Account Information Timely: If your bank account information changes, ensure you update the information promptly to avoid repayment issues.
Monitor Regularly: Despite setting up automatic repayment, it’s recommended to periodically monitor your repayments. Ensure that automatic deductions are occurring as expected.
Understand Fees and Policies: Before setting up automatic repayment, understand Fairkash+’s policies regarding automatic repayment and any associated fees.
Benefits:
Setting up the automatic repayment option comes with several benefits, including:
Avoiding Late Fees: Automatic repayment ensures timely payments, helping you avoid late fees and penalties.
Protecting Credit History: Timely repayment contributes to safeguarding your credit history, ensuring the maintenance of your creditworthiness.
Convenience: Automatic repayment eliminates the hassle of manual repayments, making the repayment process more convenient.
Setting up the automatic repayment option on Fairkash+ is a convenient way to ensure timely repayments. By following the provided steps and recommendations, you can easily configure automatic repayment, enjoying the convenience of the repayment process and safeguarding your credit history.
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.
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Contact：+254 796383534
