Swiftkash Loan Review, Interest Rates, How To Apply, Customer Care Contact Number

Swiftkash Loan Review, Interest Rates, How to apply, Customer Care Contact Number

Swiftkash Loan Interest Rates

The Swiftkash loan interest rates are calculated based on the loan amount and repayment duration.

The maximum Annual Percentage Rate (APR) is 36% per year or 0.08% per day. Let’s consider an example: if you borrow N20,000 with a repayment period of 120 days, the total interest accrued would be N20,000 * 0.08% * 120 = N1,920. Consequently, the total repayment, including principal and interest, would amount to N20,000 + N1,920 = N21,920.

Now, let’s look into Swiftkash loan requirements.

Swiftkash Loan Requirements

Before applying for a loan through the Swiftkash app, it is essential to meet the following requirements:

Bank Account: Applicants must have a valid bank account.

BVN: The loan application requires applicants to provide their Bank Verification Number (BVN).

Employment Status: Applicants must be employed or self-employed.

Age Requirement: The minimum age requirement to qualify for a Swiftkash loan is 18 years.

Identification: Applicants need to provide a valid means of identification, such as a national identity card, voter’s card, or international passport.

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Swiftkash Loan App Download: How to Download Swiftkash Loan App

To download the Swiftkash loan app from the Google Play Store, follow these steps:

Open the Google Play Store on your mobile device.
Search for “Swiftkash” using the search bar.
Locate the Swiftkash app among the search results. It is usually identified by a blue and white logo.
Tap on the app to view more details.
Click the “Install” button to download the app.
Once the installation is complete, launch the app and get started on your financial journey with Swiftkash.

For Apple users, here’s how to download the Swiftkash loan app from the Apple App Store:

Locate and tap the App Store icon on your home screen.
In the search tab, type “Swiftkash” using the keyboard.
Find the Swiftkash app among the search results, recognizable by its green logo.
Tap on the app to view additional information.
Click the “Get” button to download the app. If you previously downloaded and deleted the app, you might see a cloud icon instead.
Authenticate with Face ID, Touch ID, or your passcode, if prompted.
Wait for the app to download and install on your device.
Once the installation is complete, tap “Open” to launch the Swiftkash app.

How to Apply for Swiftkash Loan

On how to apply for Swiftkash loan, the procedures to follow are quite simple, here are steps to take:

Create an account by registering with your phone number to receive a One Time Password (OTP).
Choose the loan amount that suits your needs.
Fill out the application form accurately and submit it.
Await profile approval
Once your profile is approved, you will receive a loan offer with the applicable interest rate and repayment terms.
If you accept the loan offer, the funds will be disbursed directly to your bank account.
Make sure to repay the loan according to the agreed-upon terms to maintain a good credit history.

Swiftkash Customer Care Contact

If you have any inquiries or need assistance regarding your Swiftkash loan, you can reach out to their customer care team through the following options:

Phone: You can contact Swiftkash customer care by calling +234 809 999 9191 or +234 906 000 9191.

Email: Send an email to support@swiftkash.com for support and assistance.

Social Media: Swiftkash is active on social media platforms like Facebook, Twitter, and Instagram.

You can reach out to them through direct messages or comments on their official pages.

FAQs On Swiftkash Loan Review, Interest Rates, How to apply, Customer Care Contact Number

Here are some helpful frequently asked questions on Swiftkash Loan Review, Interest Rates, How to apply, Customer Care Contact Number with answers to each of them:

How does Swiftkash work?

Swiftkash is a digital lending platform that provides quick access to personal loans in Nigeria.

The process begins by downloading the Swiftkash app from the Google Play Store or Apple App Store.

After creating an account and completing the registration process, users can apply for a loan by filling out the application form within the app.

Once the profile is approved, borrowers receive a loan offer with the applicable interest rate and repayment terms.

If the loan offer is accepted, the funds are disbursed directly to the borrower’s bank account.

Repayment of the loan is done according to the agreed-upon terms.

Is Swiftkash registered in Nigeria?

No, Swiftkash is not a registered loan app in Nigeria.

Therefore, I will encourage you to read their review on Play store before downloading the app.

Reading the Swiftkash loan review will help you in making an informed loan decision.

Can a loan app block my BVN?

Loan apps usually require borrowers to provide their Bank Verification Number (BVN) as part of the application process. However, legitimate loan apps should not block your BVN.

It’s essential to exercise caution and only share your BVN with trusted and registered financial institutions or lending platforms.

If you suspect any unauthorized use of your BVN or have concerns about a specific loan app, it’s advisable to contact your bank and the relevant regulatory authorities for assistance.