Chacha Loan App is a legitimate online lender available in Nigeria that offer loans to Nigerians without any collateral as follows:
Loan Amount: ₦8,000 ~ ₦100,000.
Loan Term: 91～365 days.
Maximum Annual interest Rate (APR) : 25%
Loan interest: from 8% to 25% per annum.
For example, if you apply for a loan of ₦10,000, the term is 91 days and the annual interest rate is 10%. So the daily interest rate=10%/365=0.027%, the interest for 91 days =10,000x10%/365x91= 250, the total repayment amount=10,000+250= 10,250.
Which means that you will get ₦10,000 and should repay ₦10,250 in 91th day, If the loan is processed
The loans are open to all Nigerians above 18 years old with National IDs and active Bank accounts.
To apply, Download Chacha app from Google playstore register and apply.
How To Contact Chacha Loan App Customer Care Nigeria
Contact Chacha Loan App Customer Care through:
Email: hello@chacha.ng
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