For Nigerians looking for a simple and quick way to get loans, OneCash offers a safe and useful answer.
We will walk you through all the details of OneCash loans in this guide so that you have all the knowledge you need to make wise choices.
OneCash makes sure that applicants are completely aware of the costs involved by providing a fair breakdown of their interest rates.
For example, the interest and total amount due on the due date for a loan of 20,000 with a 91-day term and a 20% APR can be determined as follows:
- Interest: $20,000. 20% divided by 365.9%, or $997.
- Repayment of principal: $20,000.
- Repayment in full: 20,000 + 997 = 20,997
- Your monthly repayment would be 6,999 as the payback duration is for 3 months. Nevertheless, bear in mind that interest rates are subject to fluctuate, so you should always double-check the interest rate on any loan offer before accepting it.
Make sure you satisfy the requirements before submitting an application for a OneCash loan:
- You must be a citizen of Nigeria.
- You must be older than 18 years old.
- You must have a reliable source of income, whether you are employed or self-employed.
How to Apply for OneCash Loan
With OneCash, getting started is a simple procedure:
- Install the OneCash app: Download the OneCash lending app from a Google Play store to get started.
- After downloading the app, create an account by entering your phone number. For the sake of communication and verification, this stage is essential.
- Complete the necessary information: Give the required information as much accuracy as you can. A smoother application process is ensured by providing precise information.
- Application Submission: Once all of your information is entered, submit your loan application using the app. Before submitting, give your information a thorough review to catch any mistakes.
- Wait for Approval: After sending your application, be patient while it is approved. Your application will be evaluated by OneCash to see if you qualify for the loan.
Contacting OneCash Customer Care
OneCash’s customer care can be contacted via email if you have any questions or problems:
Email for customer support: email@example.comYou can also locate their physical address for any required correspondence here:
The following address is in Surulere, Lagos, Nigeria: 7 Curtis Adeniyi Jones Close, Off Adeniran Ogunsanya Street.
Is OneCash legit?
OneCash has built safeguards to protect your information and offers a secure platform for loan applications.
It’s crucial to recognise that businesses can alter and evolve over time. Therefore, before using any financial service, it is advised that you do your own research and take into account your degree of comfort.
For Nigerians looking for rapid loans, OneCash stands out as a feasible option thanks to its clear interest rate structure and simple application process.
You may successfully navigate the world of online loan applications and make decisions that meet your financial needs by following the instructions provided in this tutorial.
Always exercise caution while making financial decisions and take into account your unique preferences and circumstances.