CashAce is an Online loan in Nigeria that give out loans to customers who are eligible. Read through the article to find out requirements and steps to get instant loan approval from CashAce loan app. The loan app promise not to share user information with other organizations, which means your information is secured with them.
With CashAce Loan app, you get 24×7 access to loans with intelligent online process
CashAce Loan Amount
They offer NGN 10,000 to NGN 50,000 at first application.
91days ~ 365days
Note that Computer automatically reviews the loan and there is no need to wait. Further, Unsuccessful application will not incur any fees.
More loan apps for you:
Requirements to get CashAce Loan
For you to be given cashace loan, you need to meet it’s requirements. Cashace loan requirements are highlighted below:
1. You must be a citizen of Nigeria. Living in Nigeria.
2. Your age must be within the range of 18 to 60 years
3. Have a stable monthly source of income
4. Must have An Android phone with stable internet connection
5. Your phone number
6. The bank account number with which you will receive the borrowed amount
7. Your Bank Verification Number (BVN)
8. The details on your ATM card will also be needed
Loan interest rate
1.APR: Up to 33% according to customer’s credit score.
2.Service fee: 2%~8% according to customer’s credit history.
If the loan amount is NGN10,000, APR is 30% and service fee is 5% with the tenure of 91 days, the total amount to pay on the due date is:
Interest = 10,000 x 30%/365 x 91 = 748
Service fee = 10,000*5% = 500
Total amount disbursed will be 9,500 (10,000 – 500)
Total amount to repay will be 10,745 (10,000 + 748)
Monthly amount to repay will be 3,582 (10,745 / 3)
How to get CashAce Loan
1. Download and install CashAce loan app from google play store.
2.Register a personal account with a phone number.
3.Choose your loan amount and loan tenure.
4.Fill in personal info.
5.Loan review and cash disbursement
Repayment of CashAce loan
Once your loan application on the cashace platform has been approved, you will see the amount owed on your dashboard.
Your dashboard will also indicate your next due date or repay date alongside other information.
To repay your loan on, click on the repayment button on your dashboard. You will be redirected to the repayment section where you will see multiple repayment options.
Select the one that is most convenient to you and pay the amount due
Contact CashAce customer care
If you have any questions, issues or complaint, you can contact them using the info below:
Customer Service Email: [email protected]
Address: 21,olaiya close Abeokuta ogun state,Lagos,Nigeria
I don’t have an android phone I have I phone so I can’t download the app so what can I do to access the loan
Not so sure if the app is on app store. We are certain you can access it on playstore for Android.
This guy’s really really had to send messages to contacts on the day the loan was expiring. Why ? Is it fair ? I don’t know if this address is real but people are really coming tomorrow
My name is alfred Tobi Philip,ineed a loan of this a mount,500.000 five hundred thousand
Please kindly follow the application process