The use of mobile phone loan apps in Nigeria is changing everything concerning loans in Nigeria. Many Nigerians have embraced loan apps due to their convenience for fast application process, disbursement and non collateral requirements.
Very few people use the banks or saccos in times of emergency due to their long application process and alot of paperwork.
However, as anything else loan apps have both pros and cons and it's for this reason that in this website we usual review new digital loan apps as they are launched. This is to help our readers make informed decision when it comes to getting quick loans from the loan apps as there are many fake loan apps in the Internet.
Today on this post we are going to review a popular loan app going by the name Cashfarm loan app.
What is Cashfarm loan app Nigeria
Cash farm loan app is a quick loan app that provide online loans to Nigerians without any collateral.
The online lending app give non-collateral loans up to N 100,000 and repay for the loans after a minimum of 60 days.
To apply for loans, download the app through Google playstore register and apply
Cashfarm loans interest rates
Cashfarm loans are charged at a low interest rate of between 5% to 35%
Repay your cashfarm loans on time for larger loan limits.
Is Cashfarm loan app Legitimate
From the reviews and comments on this loan app, it's likely that this is a fake loan app as many people are complaining of being scammed by this app.
How To contact Cash farm loans Customer Care
Contact cashfarm loans customer service through:
Phone :09121540760
Email: cashfarmloan@yahoo.com
Conclusion
People should be Careful when taking loans online. Apps asking for fees before giving out the loans are most likely to be Scammers. Be extra careful when giving out your personal details to the apps.
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