When you require a loan, Blocka Cash makes the process quick and easy. You may quickly do away with the paperwork, long lines, and waiting thanks to BlockaCash apk.
The Blocka Cash app and a smartphone are all you need to get instant cash assistance when you need it!
How to apply for a loan with Blocka Cash?
It’s easy to get started with Blocka Cash apk. Following are the steps:
- Get the Blocka Cash app from the Google Play store.
- Register and create an account.
- quickly applying for a loan.
- Receive your loan right away and immediately in your wallet.
- Make sure your loan application is complete and accurate because any falsification could result in negative consequences, such as your account being blacklisted or being reported to the authorities in cases of obvious fraud.
The procedure is easy and practical.
In addition to microcredit, BlockaCash also offers short-term personal loans with a minimum of N5,000 and a maximum of N50,000, depending on your credit score.
For one of our loans, you must be at least 21 years old. You might be required to provide a valid government ID. The loan amount ranges from N5,000 to N50,000, and the repayment period is between 60 and 180 days.
Rate of Blocka Cash Interest
Blocka Cash loan repayments often occur on a monthly basis. Our lowest interest rate, which is 3% per month, and our highest interest rate, which is 10% per month, are determined by their credit evaluation algorithm. This equates to an annual percentage rate (APR) of 36% to 120%.
You would have to pay back N1,966.67 each month for the life of the loan if you choose to take out a loan package for N10,000 (the Principal) with a 6-month repayment period and a monthly interest rate and fee of 3% (36% APR).
You will have paid N11,800 total by the end of the six months.
Can you trust Blocka Cash?
This section addresses a common query regarding the authenticity of the Blocka Cash app, which is whether it is a fraud or not.
Using the app, people can borrow money. To apply for a loan of at least 2000 Naira, all that is necessary is to install the app and create an account there using the necessary data.
When using the app, be alert of any fraudulent debits and notify your bank straight away so that they can be looked into.
BlockaCash’s repayment terms for loans range from 60 days to a maximum of 180 days. When their loan payments are due, borrowers must make the payments as specified in the app.
Email and phone contact
Do you require the phone number or email for Blocka Cash? Please feel free to contact us with any questions, concerns, or recommendations. The email address for them is email@example.com. There isn’t yet a phone number available.
The Blocka Cash Loan App considers a number of factors while calculating your loan eligibility. They include elements like credit score, prior loan performance, etc.
Make sure your loan application is thorough and accurate because any falsification could have adverse effects, such having your profile put on a blacklist or, in cases of evident fraud, being reported to the authorities.