Are the interest rates on instant loan apps high?
FairKash+: online cash loan
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
for Android
Personal quick loan
Up to KES60,000
As low as 4%
Interest rates on instant loan apps can vary, but they may be higher than traditional bank loans. It’s important to review the app’s terms and conditions to understand the interest rate and any associated fees before accepting a loan.
