Quickash
Quickash provides an impressive loan amount with a application process, making it ideal for those needing quick cash. However, the interest rates can be high, especially for larger loans.
- Price
- Free
- Downloads
- 1,000,000+
- Age
- 4+
- Category
- finance
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About this app
Quickash offers easy online loans up to ₦1,000,000 with no collateral required, ensuring affordability for all.
Availability and pricing may change. We may earn a commission when you install through our links.
Expert Review
The loan limits at Quickash are notably generous, allowing borrowers to access up to ₦1,000,000. This is appealing for those needing significant funds quickly. The application process is entirely online, requiring only a Bank Verification Number (BVN), ccessible for many Nigerians.
However, the interest rates are on the higher side, with an annual percentage rate (APR) between 24% and 35.9%. For larger loans, fees can add up, with costs potentially reaching ₦658 per day for every ₁₀₀₀₀₀₀ borrowed. This could make the loan increasingly expensive if not repaid quickly.
Customer service feedback has been mixed, with some users noting delays in communication. It’s advisable to carefully review your repayment options before signing up. For those who may struggle with higher interest, it could be wise to explore other lending platforms that offer lower rates or more flexible terms.
According to Quickash's site, they emphasize transparency, but borrowers should ensure they fully understand the implications of their loan terms.
