Finance

CashBean Loan App, Login, Review, company Details, Customer Care Number

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CashBean Loan App, Login, Review, company Details, Customer Care Number

Cashbean is once a popular loan app available on the Google Play Store but has recently been removed from the app marketplace (Google Play Store). Also, the Financial Consumer Protection Commission of Nigeria (FCCPC) no longer includes Cashbean in its approved list of loan apps. 

The aim of curating this article is to provide an in-depth Cashbean loan app review, discuss its removal from the Google Play Store and FCCPC’s list, and suggest alternative loan app options for users seeking financial assistance. 

Let’s get into detail right away.

CashBean Loan App, Login, Review, company details, Customer Care Number

CashBean Loan App, Login, Review, company Details, Customer Care Number
CashBean Loan App, Login, Review, company Details, Customer Care Number

Cashbean Loan App Review

Cashbean, prior to its removal, was a loan app that offered quick and convenient access to personal loans. 

It claimed to provide hassle-free loans with minimal documentation requirements and instant approval. 

However, several concerns were raised regarding its lending practices and high interest rates.

Loan Approval Process: Cashbean offered a simplified loan approval process, allowing users to apply for loans directly through the app. 

The process involved providing personal information, such as identification details, employment information, and bank account details. 

Read: WeCredit Loan App Apk Download, Customer Care Number, Legit?

The app claims to evaluate applications quickly and provide instant loan approval.

 Interest Rates and Repayment Terms: One of the major drawbacks of Cashbean was its high-interest rates.

Many users reported that the interest rates were significantly higher compared to other loan apps. 

Additionally, the repayment terms were often short, leading to potential challenges for borrowers to repay the loans on time.

Removal from Google Play Store and FCCPC List: Cashbean’s removal from the Google Play Store and exclusion from the FCCPC’s approved list of loan apps raises concerns about its legitimacy and compliance with regulatory guidelines. 

The reasons behind this removal are not explicitly stated, but it is crucial for users to consider this information before proceeding with any downloads or transactions related to Cashbean.

Alternative Loan App Options: Given the removal of Cashbean from trusted platforms, it is advisable for you to explore alternative loan apps that maintain a strong reputation and adhere to regulatory standards.

Here are a few popular options:

FairMoney: FairMoney is a reputable loan app that offers quick loans with flexible repayment options. 

It has gained popularity for its transparent lending practices, competitive interest rates, and reliable customer support.

Carbon (formerly Paylater): Carbon is another trusted loan app that provides instant loans, bill payments, and other financial services. 

It offers reasonable interest rates and allows users to build their credit scores over time.

Palmcredit: Palmcredit is a reliable loan app that allows users to access instant loans with flexible repayment terms.

Read: Tloan Loan App Apk Download, Requirements and Interest rates, Customer Care Number, Email Address

Cashbean Contact Details: Cashbean Customer Care Number, Email Address 

If you have any inquiries or need assistance regarding Cashbean, here are the contact details you can use to reach out to their customer support team:

Cashbean Customer Care Phone Number:Cashbean can be contacted via phone at the following numbers;

  • Phone: 017001000
  • Phone: 018888188

Cashbean Customer Care Email Address: If you prefer to communicate via email, you can reach Cashbean’s customer support team at;

Email: support@cashbean.loan

Cashbean Customer Care Office Address

LCashbean’s physical address is as follows: Address; Oshodi pedestrian Overpass, Ilupeju 5255, Ikeja, Nigeria.

FAQs On CashBean Loan App, Login, Review, company Details, Customer Care Number

Here are some helpful frequently asked questions on CashBean Loan App, Login, Review, company details, Customer Care Number with their respective answers:

Is CashBean app closed?

No, CashBean is not completely closed. However, it is no longer available for download from the Google Play Store.

Instead, users can access CashBean through the APK App, which can be obtained from alternative sources.

How does CashBean work?

CashBean is a loan app that offers personal loans to individuals in need of quick financial assistance. 

To apply for a loan, users need to download the CashBean app APK from alternative sources, install it, create an account, and complete the loan application process within the app. 

The app requires users to provide personal information, employment details, and bank account information. 

CashBean then evaluates the application and, if approved, disburses the loan amount directly to the user’s bank account.

Is CashBean genuine?

The genuineness of CashBean can be a matter of concern, considering its removal from the Google Play Store and exclusion from the FCCPC’s approved list of loan apps. 

While it operated as a legitimate loan app in the past, its current status and reliability may be questionable. 

It is advisable to exercise caution and consider alternative loan app options that have a proven track record and maintain compliance with regulatory guidelines.

What happened to the Okash loan app?

The Okash loan app was still operating as usual. 

How many loan apps have been removed?

According to a report by BusinessDay News website, a total of 37 loan apps have been removed. 

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