Snapcash loan: How to apply, download loan app

Everybody in Nigeria who needs money to expand their businesses, go shopping, or deal with other emergencies can get an instant loan from Snapcash loan. You can always apply for a Snapcash loan if you need any kind of money.

Requirements

To be eligible for a loan from Snapcash loan, you must:

1. A citizen of Nigeria
2. Between the ages of 18 and 65
3. A consistent source of income

Product Features

seeks information on the Nairago Loan’s amount, term, interest rate, service charge, and method of repayment?

1. 8,000 to 200,000 for loans
2. 91 to 365 days for loans.
3. APR: 12% to 50% as a minimum.
4. No service charge

Breakdown

Example: The services fee is 0% if the loan amount is N5,000 and the APR is 36.5% per annul with a 180-day term.
Interest is equal to 5,000 * 36.5%/365 * 180, or 900.
You will receive 5,000 and must pay back 5,001 plus 900.

Repayment

If you decide to make a one-time payment, you will do so after 180 days for a total of N5900.
Your monthly repayment amount, if you decide to pay in installments, will be N5900 divided by six, or N983.

How to apply for a loan on Snapcash :

1. Register
2. Add fundamental information
   Apply for a loan, third
3. Await acceptance

App download

You can download the Snapcash loan app from the play store

Snapcash Contact Address

Any questions about using Snapcash, please Contact:
Email: [email protected]