Do you need quick cash for an emergency or unexpected expense? Cash Advance makes it easy for you to access loans when needed. With our fast, convenient, and reliable service, you can sign up in a few seconds, apply for a loan, and receive your money in your wallet. You can transfer the money to your bank account immediately.
Getting started is very easy. First, create an account. Then, apply for a loan in seconds. Once your loan is approved, you will receive the money straight into your account. Plus, you can increase your loan limit every time you repay a loan.
Repayment Terms for Cash Advance Loans
Depending on the loan amount you are eligible for, you can choose repayment terms from 60 to 180 days. Choose the loan term that’s right for you within the app.
Cash Advance Rates and Fees
At Cash Advance, we are focused on micro-credits. Our loans range from N3,000 to N100,000, and you must be at least 21 years old to be considered for a loan. The loan tenure can be between 60 to 180 days. Interest rates range from 2.5% to 30%, with an equivalent monthly interest of 2.5% to 30%. The Annual Percentage Rate (APR) is 29% to 35%.
For example, if you choose to get a 2-month loan of N10,000, Cash Advance charges an interest rate of 5% APR. We would charge you N500 as the total interest amount for the 2 months, so your total repayment of interest + principal at the end of your loan would be N10,500.
Unlike traditional banks, we usually require no collateral, guarantors, or documents. However, for loans beyond certain amounts, we may require additional documentation. Nevertheless, you only need to download our Cash Advance app and apply from your mobile phone.
We cater to all categories of loan requests. Whether you are self-employed or a salary earner, our loans are readily available to help meet that immediate need.
Additional Notes
When processing your loan request for eligibility, we look at several signals, such as your credit score and past loan performance. We require that loan applications be filled with the correct information, as any falsification could delay your loan request, or your profile may be blocked. For cases of fraud, you may be reported to the authorities.
Cash Advance is powered by Cash Advance Limited, licensed by the Lagos State Government of Nigeria as a money lender.
Contact Cash Advance
We’re eager to hear from you as we welcome feedback and tips to improve our services. If you have any feedback, questions, or concerns, please get in touch with us at support@cashadvance.ng.
Also, Check More Apps
Here are some notes
- Please ensure that your device meets the minimum system requirements.
- The app is regularly updated with new features and improvements. Make sure to check for updates frequently to get the best experience.
- If you encounter any issues, please contact the support team for assistance.
- You agree to our terms and conditions and privacy policy. Please read these documents.