CashKey Loan APK is a convenient and reliable lending platform for mobile users that provides collateral-free loans to Nigerians with minimal paperwork.
If you are an Android user, you can apply for an unsecured loan from N5,000 to a maximum of N100,000 with a minimum of paperwork.
CashKey Landing app was released relatively recently and has received over 5,000 downloads on the Google Play Store with mixed reviews so far. It uses lending software to gather potential customer information including phone records, bank transaction instructions, BVN to establish each borrower’s credit score.
To qualify for a loan or more, make sure you have a good bank transaction message on your phone and no outstanding loans like other loan apps!
The app is simple, just download the app from the Google Play Store, provide some information about yourself, the algorithm will analyze your information, calculate your credit score and give you a loan in a few hours.
You can download more similar apk from our site Apklook.com.
More Info About CashKey Loan APK
A custom phone number linked to your BVN as a one-time password will be sent to you for verification.
Fill in your basic KYC information on Kwow-your-customer with your residential address, relatives and business details, you will also need to provide your Biometric Verification Number (BVN).
You will be charged N30 for linking your ATM card to your account to increase the chances of getting a higher loan amount.
An OTP one-time password will be sent to your phone to confirm your details.
After submitting your loan application, the software will analyze your credit score and the final result will be displayed in the APP.
The result should be displayed in less than two minutes and if you are eligible for the loan, the loan amount will be paid directly to the bank account.
Make sure you are using a good phone with enough memory space as you need to take a clear selfie to identify yourself.
What Cashkey Loan App Can Improve?
Cashkey’s loan rejection rate is high, you can submit your application and pay N30 to link your ATM card to your account and still refuse without any reason. Get a good credit score to increase your chances.
It takes a long time for the app to disburse the loan, your loan may have been approved and your repayment date has already expired and you have not yet received the money in your bank account. If this happens to you, be patient or contact the support team.
The app also has the option to select the loan amount you want. The amount has been sanctioned for you, you cannot choose more or less as per your requirement, you must accept the amount sanctioned by the system for you.
The loan term is very short, borrowers usually have 7 days to repay their loan and interest.
Since there are no rules in Nigeria, most of these apps are loan sharks that can threaten to send messages to your family members if you fail to repay. It is best to avoid these apps if you have other options.
Cash Loan App Interest Rate?
- Loan term: 91-180 days
- Loan amount: NGN5,000-100,000
- Interest rate: Minimum annual interest rate is 14.4% and maximum (APR) is 21.5% (no additional charges)
- Daily interest rate: 0.04% -0.06%
- Service charge: NGN 0
What are the requirements?
- Become a legal citizen or legal resident of Nigeria with at least 18 years of age.
- Is a source of monthly income.
- Link your credit card to your account, provide details along with the phone numbers of both your close relatives.
- Get a good credit rating without any bad debts from other lenders. Has an active bank account.
- Your phone number must be the same as your BVN. You must have a valid government-issued identity card
- All versions of this app include updated features.
- Select an application based on your interests.
- This app has been fully verified as safe and secure for use, so you can run it and use it if you are interested.
- The game is available to everyone, so you can play it without any restrictions.
- With this feature, you can obtain unlimited money, coins, and characters.
- Review full articles with column divisions, images, and videos.
- Learn how to use the app as well as play the game? Instructions are provided.
- Save the file so that he can access it from his Android and other devices in the future.
- In case the apk file you download or run has damaged the internal storage of your computer or mobile device, you should not run it.
- When you download the application, some viruses are also downloaded along with the apk file which are harmful for your mobile and PC.
- Some apps are starting to update automatically. Our internet data was used in this process.
- Viruses and rogue apps / some pop-ups are the main cause of bugs and redirect errors. That way, our device shuts down automatically.
Can I get the CashKey Loan APK for Android?
- When the download is complete, you will find the APK in the “Downloads” section of your browser. You must first allow third-party apps on your device before you can install them.
- The process is illustrated below. You must enable Unknown Sources in the Menu> Settings> Security> section of your phone in order for it to install apps other than those from the Google Play Store.
- As soon as you have completed the above step, open your browser’s “Downloads” section and tap on the file once it has been downloaded. Upon installing the file, you will be prompted for permission.
- The application can be used as usual after the installation is complete.
We believe you have reached your destination to find out about CashKey Loan APK. We recommend you try out other apps as well which are popular on the web.
It is sure that this review has answered all your questions about the CashKey Loan APK, now download this amazing app for Android & PC and enjoy it. Please share this app with your friends and family if you enjoy it.