Kash Loan Ultra 1.0.2

Review of Kash Loan Ultra: A Financial Service with Promising Features

Kash Loan Ultra positions itself as a reliable financial partner, aiming to provide timely assistance tailored to individual credit profiles. Based on comprehensive input data and personal credit circumstances, the platform determines appropriate loan options, with borrowing limits extending up to 300,000 Naira as user creditworthiness increases.

The service emphasizes a user-centric approach with several notable benefits:

• Competitive interest rates for microloans
• Enhanced approval prospects through streamlined processes
• Loan offerings that do not require collateral
• Transparency with no hidden fees or additional charges
• Commitment to safeguarding user data confidentiality

Loan details are as follows:

1. Loan amounts range from 5,000 to 300,000 Naira.
2. Repayment periods span from 90 to 180 days.
3. Annual interest rates vary between 14% and 28%.
4. Daily interest rates are derived by dividing the annual rate by 365, resulting in approximately 0.0383% at 14% annually and 0.0767% at 28% annually.

Sample repayment calculations illustrate the cost structure:

• A 5,000 Naira loan over 90 days at a 14% annual rate results in a total repayment of approximately 5,172 Naira, inclusive of principal and interest.
• A 10,000 Naira loan over 120 days at a 20% annual rate amounts to about 10,657 Naira in total repayment.
• A larger loan of 50,000 Naira over 180 days at the maximum rate of 28% totals approximately 56,903 Naira.

The eligibility criteria are straightforward:

• Must be a Nigerian citizen
• Aged between 18 and 60 years
• Possess a Bank Verification Number (BVN) and an active bank card

The application process involves:

1. Downloading the Kash Loan Ultra application
2. Completing the registration and credit form accurately
3. Awaiting approval review
4. Receiving funds via immediate transfer upon approval

For further assistance, contact details are provided:

• Business hours are from Monday to Friday, 09:30 to 18:30
• Location: 21 Abeokuta Street, Area8, Garki, Abuja, AMAC, FCT
• Email: [email protected]