Blink cash loan app : interest rate, how to apply, is it legit

Blink cash is another loan app in Nigeria that give out instant loan without collateral or paper work. Their loan processing is very fast once your application is successful you will receive credit alert in minutes. With Blink cash you can obtain up to #100,000 at a go.


Requirement to obtain loan from blink cash

To obtain loan from blink cash there are some requirement you need to meet up with which are

Have source of income

Have BVN and bank account


Be above 18 years of age

Reside in Nigeria

Have smart phone with which to download the loan app


How to apply for blink cash loan app

The first step is to head over to play store and download the loan app

Register with your name, BVN annd other details

Once you are done with registration you will be login to your dashboard

On your dashboard locate and click on loan

There you will see amount of loan you are eligible to obtain

Click the loan and wait for disbursement

How much you can obtain form blinkcash loan app

With blinkcash loan app you can obagin up to #100,000 loan without collateral or paper work. As first timer you will not be able to obtain up to this, as you continue to take loan and pay back on time the amount of loan you can obtain will increase.


Blink cash loan interest rate and repayment period

Their interest rate is between 5% to 25% depending on the amount of loan obtain .

Their repayment period is between 7 days to 90 days also depend on the amount of loan secure. As a first timer your loan interest rate will be high and your repayment period will be short. As you continue to use the app this will increase.

Paying back your blinkcash loan

To pay back your loan head over to your dashboard

Locate and click on loan repayment

There you will see amount of loan to pay back

Click on one and make payment

Once you make payment it will reflect on your dashboard

If it does not, you should contact them

What will happen if I default or refuse to pay

If you default you will be punish with increase in your loan interest rate which is usually 2% but if you decided not to pay back at all, your name and BVN will be send to credit bureau for black listing which means you will not be able to take loan again in Nigeria until you settle your debt and clear your name with credit bureau.

Is blinkcash loan legit

Yes they are legit, they will surely give you loan but exercise caution because they are not license by CBN nor insure by NDIC.


Our verdict on blinkcash loan app

Blink cash will surely give you instant loan. They have both positive and negative review on play store and at the time of writing his article their rating is at 3.1, which is not good. Their app have bug which make it difficult to obtain loan.


Above is how to obtain loan from blinkcash. As you can see they will surely give you loan, but exercise caution. Take loan that you know you can pay back to avoid embarrassment.

Aslo, since they are not license by CBN if any thing go wrong, it will take time for CBN to interfere.

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