Go Cash is a platform for loans that offer low-interest rates and flexible payment options for Nigerians. By using Go Cash, you’ll be able to access the Cash you require to meet your financial requirements without breaking the bank.
Options for flexible repayment: GoCash allows you to select the repayment method that best fits your budget.
Simple and quick application procedure: Apply for a loan through GoCash within a matter of minutes and receive a decision in less than 24 hours.
No collateral is required. There is no need to offer any collateral in order to obtain an advance loan through Go Cash.
All Nigerians GoCash is accessible to any Nigerians who meet the eligibility criteria.
Who is eligible for the Go Cash loan?
To be eligible to receive a GoCash loan, You must meet the following requirements:
* Be a Nigerian citizen
* Must be between 18 to 50
* You must have a valid BVN.
* Maintain a current account in a bank
* Make a minimum monthly income of at least N20,000.
How do you make an application for a cash loan
If you are interested in applying to get a Go Cash loan, take these steps:
1. Get the Go Cash application through the Google Play Store. Google Play Store.
2. Create an account and input your details.
3. Transfer your BVN and your bank statement.
4. Seek out the confirmation results from Go Cash.
5. If they are approved, the funds will be credited to your bank account within 24hrs.
Information on the loan product
* Loan Amount: N20,000 – N50,000
* Loan term: the shortest 91 days and with the most extended 365 days
The annual interest rate is a maximum of 24% per year (APR)
* Daily interest rate: 24%/ 360 = 0.0658 percent
* Service Fee Zero (no other charges)
As an example, If you want to apply for a loan amounting to N20,000, the interest rate is 24 percent (APR) per year, and the loan period is 120 days. So the amount you have to pay is N21,578 (N20,000 loan) plus interest on a loan of N20,000 x 24 percent (APR) * (120/365) calendar days (no additional costs)
Total monthly payment Total monthly payment: N 5,394.52 = N21,578/4 months
If you have any queries regarding Go Cash, you can get in touch with us: