Neo Cash is a cutting-edge app that provides Lagos residents with tailored loans. Shepherd Trust Microfinance Bank created this app to put excellent customer service at your fingertips.
Introduction to Neo Cash
An application for financial services called Neo Cash is only available to citizens of Lagos State. It’s a part of the Shepherd Trust Microfinance Bank’s effort to offer monetary services to all socioeconomic groups in Nigeria.
Why Opt for NeoCash?
Neo Cash provides an efficient and practical financing solution. Borrowers can acquire loans up to 5,000,000. There are no hidden fees, and most loans don’t require collateral or guarantors. It also takes pride in its dependability and security.
Loan Specifics
NeoCash provides loans in the amount of $5,000 to $5,000,000. The Annual Percentage Rate (APR) ranges from 30% to 120% per year, with a repayment period of 61 days to 12 months.
Loan Conditions
You must have a dependable and provable source of income, such as a work or a business, in order to apply for a loan. A government-issued ID card and a bank statement serving as confirmation of your income are required. Additionally needed is a solid credit history.
Example of Repaying a Loan
The total interest or cost of a loan for a three-month, $100,000 loan at a 2.5% rate is $7,500. This results in three payments of 35,833 per month, a total of 107,500, or a 30% annual percentage rate.
You can contact the staff via WhatsApp at 08081250499 with any more questions.
How to Get Neo Cash
Visit the Google Play Store or the company’s official website to download the Neo Cash APK. Before continuing, verify that your device’s settings permit installations from untrusted sources.
Finally, Neo Cash provides a quick and simple answer to financial needs. However, before applying, make sure you comprehend the terms and restrictions as with any financial commitment.