1. Download the Loan app from Playstore.
2. Create an account or login if you already have an account.
3. Complete your profile and submit for review.
4. Fill out our loan application in the Quick cash mobile app.
5. Verify your Loan application.
6. Once the loan is approved it is disbursed to your mobile phone.
Why Install Quick cash
In this app, you will get access to:
- Lenders with fast loan processing
- Easy application process: Online application no paper work
- Free registration: Lenders do not charge application fee
-Flexible repayment options: Options to extend repayment period
loan lender app has information about
- Interest rates and repayment period
- Loan Limits
- Application process and repayment options available
Here is some of the lenders we have summarized their rates, requirements and other important information:
For a representative example for Zenka loan of KSh 3,000 for 61 days APR equals 0% (calculated on 1.05.2019); total loan amount: KSh 3,000; annual interest rate 0%; total loan cost KSh 0, including: Commission KSh 0, Interest KSh 0; installment amount: 2 installments for KSh 1,500.
Minimum and maximum period for repayment: 61 days. Minimum Annual Percentage Rate (APR): 0%. Maximum APR: 352,8%
If you choose a loan limit of KES10,000 with a period of 1 year, after deducting origination fees, the total interest must be paid: 10,000 * 0,0006 * 365 = KES2190 for Loan Term: the shortest tenor is 91 days, the longest is 365 days and Interest rate (maximum): 24% per year
You will also find other best loan apps in kenya such as ipesa app, tala, okolea, berry loans, hikash, flashpesa, timiza, zash, loan bee, afrika loan among others.
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