JJcash loan app: inters rate, is it legit how to apply

JJ cash is another loan app in Nigeria where you can obtain quick loan without collateral or paper work. Their loan processing is very fast and you don’t need to visit any location before you will obtain the loan. With your smart phone you are good to go. JJ cash loan app will give you loan of up to #200,000 loan at a go.


Requirement to obtain loan from JJ cash

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

  • Have good credit score
  • Have bvn and bank account
  • Be above 18 years of age
  • Have source of income
  • Have smart phone with which to download the loan app

Once you meet up with the following requirements you can go ahead and obtain the loan


How to apply for JJ cash loan

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

Register with your name, bvn and other details

You will be ask to bind your ATM card which might attract #30 fee, do so and proceed


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

On your dashboard locate and click on loan

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


Click it and wait for disbursement

How much you can obtain from JJ cash loan app

With JJ cash you can obtain up to #200,000 loan at a go. As a first timer your loan amount will be less down than this it will be around #40,000 but as you continue to use the app, your loan amount will be increase

JJcash loan interest rate and repayment period

JJ cash loan interest rate is between 5% to 30% depending on the amount of loan obtain and the repayment period.


Their repayment period is between 7 days to 180 days also depend on the amount of loan obtain.

If you are applying for the first time your loan interest rate will be high and your repayment period will be short. As you continue to take loan form the app it will be improve

Paying pack your JJ cash loan

To payback your loan head over to your dashboard


click on loan repayment

There you will see deferent option to pay back your loan

Click on one and make payment


Once you make payment it wil reflect on your dashboard

If it does not you should contact them.

What will happen if I default or refuse to pay back

If you default you will be punish by Increase in your loan Interest rate which might be up to 2%.


If you abscond, your name and bvn will be send to credit bureau for blacklisting which means you will not be able to obtain loan again in Nigeria until you pay back and clear your name with credit bureau.

Trust me this process is usually time consuming, your best bet is to pay your loan as at when due.

Is JJcash loan app legit

Yes, JJ cash loan is legit is, they will surely give you loan, the problem with them is that they are not license by CBN nor insure by NDIC, therefore exercise caution when taking loan from them.


Our final verdict on JJ cash loan app

JJ cash loan app is legit they will surely give you loan. They have good review on play store though this might due to the low number of reviewer. They don’t send defamatory message to their customer’s contact and they don’t have any hidden fee.

The only problem with this loan app is that they are not licence by CBN nor insure by NDIC, therefore exercise caution when taking loan from this app. Only take loan that you know you can pay back.


Though JJcash loan app will give you loan, I will advice you to take loan that you know you can back to avoid embarrassment.


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