Cashkey loan app will give you loan instantly without collateral or paper work. The loan is very fast once your application is approve your loan will be disbursed in minutes.
What is Cashkey loan apk
Cashkey loan is a finance company that give loan to people without collateral or guarantor. Their loan interest rate is not much and the pay back period is good.
Cash key loan app requirements
Before you can obtain loan from Cashkey there are requirements you need to meet which are
Be a Nigerian and reside in Nigeria
Have bank account and BVN
Be above 18 years of age
Have a source of income
Have smart phone with which you will use to download the app
How to apply for Cashkey loan
The first step is to head over to play store and download the loan app
Launch it and register with your information
You will be ask to input your bvn, do so it will be use to determine your credit score
Once you are done with registration you will be login automatically
On your dashboard, click on loan
The page will show you the amount of loan you can take.
If you like it click on he loan and proceed
Within an hour your loan will be disbursed
How much loan you can obtain from Cashkey
With Cashkey you can obtain up to #200,000 loan without collateral, but as a first timer you will not get up to this.
As you take loan and pay back on time your loan offer will increase.
Cashkey loan interest rate and pay back period
Cashkey koan interest rate is between 5% to 30% depending on the amount of loan obtain and the pay back period.
The pay back period is between 7 days to 3 months. For the first timer you will be given lower pay back period this is to test you, once you proof your self by paying back regularly your interest rate and repayment period will be less.
Repaying your loan on Cashkey
You can repay your loan through your ATM card or ask for their account number and make transfer into it. When making transfer ensure you have the correct account number to avoid story that touch.
Is Cashkey loan legit
Yes the loan app is legit, many people have obtain loan from this loan app. But they are not licensed by CBN nor insure by NDIC so you should be careful.
What will happen if I default
You will be punish by increase in your loan interest rate for instance they might add 1% to your interest rate every day till you pay back the loan. and if you refuse to pay back, your name and bvn will be transfer to credit bureau for black list which means you will not be able to take loan again in Nigeria.
What I like about the loan app
- Their loan disbursement is fast
- They do not require collateral
- They do no segregate, they give loan to every body
What I don’t like about cashkey loan app
- High interest rate
- Short repayment period
- First timer get short loan
Note: the reason for this might be because they just start, let see what will become of them in the days to come.
47 ajanaku street,ikeja,Lagos,Nigeria
Cashkey loan app is new and they are not licensed by CBN therefore I will advice you to take loan you can pay back to avoid trouble.
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