Find out about the benefits of CashExpress, a Nigerian company that offers quick line of credit loans, and how to use their easy-to-use app to borrow money without any trouble.
Why Choose Cash Express Loans?
CashExpress gives Nigerians a unique way to get a personal loan without any paperwork. This makes getting money easy and convenient. Here are some reasons why it’s a good idea to choose CashExpress:
- There’s no need for a pay stub, bank account, or credit score.
You can borrow twice as much if you pay back on time.
Simple online application process
Money you borrow goes straight to your bank account.
Only papers that prove your BVN are needed.
Loan Details: Amount, Interest Rate, and Term
CashExpress offers loans from NGN 9,000 to NGN 200,000, with annual percentage rates (APRs) between 18% and 65%. The length of the payments can be anywhere from 91 to 365 days. Here’s an example that shows how the process works:
A person who borrows NGN 20,000 for 180 days at an APR of 18% would pay:
Interest = 20,000 * 18% / 365 * 180 = 1,775.34 NGN
The total amount to be paid back would be 20,000 + 1,775.34 = 21,775.34 NGN.
How to Use CashExpress to Get a Loan
It’s simple and easy to apply for a CashExpress loan. Do these things:
- You can get the CashExpress app and fill out a quick form without paper within the app.
Get your loan cap right away.
Take the money out of your loan right into your bank account.
Privacy and Allowances
CashExpress Contact Numer and Address
You can get in touch with CashExpress in the following ways if you have questions or need help:
Email: [email protected]
The address of the office is 17 Soyinka Street, Fadeyi, Yaba, Lagos.
Questions People Ask About CashExpress Loans (FAQs)
We’ve put together a list of frequently asked questions and their answers to help you learn more about CashExpress loans:
Can I get a CashExpress loan even if I don’t have a credit score?
Yes, you do not need a credit score to apply for a CashExpress loan, which is one of its perks. The company checks your qualifications for a loan in different ways, like by checking your BVN.
How soon can I get the money from my CashExpress loan?
Once you’ve finished the application process and your loan has been accepted, the money should be in your bank account in a short time. Most of the time, this process is quick and only takes a few minutes to a few hours.
Can I pay back my loan early?
Yes, you can pay back your CashExpress loan early without any fees. In fact, paying back your loan on time or early can help you get more money when you need it in the future.
Can I ask for more than one loan at the same time?
CashExpress says that you should only apply for one loan at a time and pay it back before you apply for another. This helps you keep a good credit history and may increase the amount of money you can borrow in the future.
Does getting a CashExpress loan come with any secret fees?
CashExpress is clear about its fees and charges, which are written out in the loan deal. Their loans don’t have any fees that are hard to find. But it’s important to read the terms and conditions carefully so you know about any fees and charges.
CashExpress is changing the way people get personal loans in Nigeria by making the process fast, easy, and paperless. CashExpress loans are a great choice for people who need short-term financial help because they don’t require a credit score or a pay stub.
Remember to borrow wisely and pay back your loans on time to keep your credit score in good shape and increase the amount you can borrow in the future.