Swiftkash loan requirements shows that you need to first search for it online since it’s no longer available on the Google Play Store. Look for a trusted site where you can safely download the APK file.
Introduction
SwiftKash is an instant loan app in Nigeria that helps people get quick cash when they need it. The app allows you to borrow money easily without going through a lot of paperwork.
You can borrow from ₦3,000 to ₦1,000,000, depending on what you need. The loan terms, or the time you have to repay the loan, range from 91 days to 365 days.
SwiftKash has interest rates between 5% to 10% per month. This means for every loan you take, you will need to pay back a bit more than what you borrowed.
For example, if you borrow ₦3,000 and choose to repay it in 91 days with an interest rate of 5% per month, the total interest will be ₦273. This means you will have to pay back ₦3,273 in total. Every month, you would pay ₦1,091 until the loan is fully repaid.
One of the best things about them is how fast you can get your loan. As soon as you apply and get approved, the money is sent directly to your bank account.
You don’t need to wait long, and you don’t need to visit a bank or fill out long forms. Everything is done through the app, making it very convenient.
However, there are some things to know about them. The app is only available for Android users as an APK file. This means if you have an iPhone, you won’t be able to use the app.
Also, you cannot log in or apply for a loan on their website—you can only use the app.
When signing up, it’s important to use the phone number that is linked to your Bank Verification Number (BVN) and bank account. This makes the process faster and easier, as it helps verify your identity and speeds up the approval process.
In conclusion, it is a good choice for people in Nigeria who need quick loans. The loan amounts are flexible, the process is fast, and the interest rates are reasonable.
Just make sure to use an Android phone and pay attention to the repayment schedule to avoid extra charges.
History and overview
SwiftKash is a loan app that started in 2023 in Nigeria. The company helps people get quick loans when they need money. You can borrow between ₦3,000 and ₦1,000,000 and pay back over 91 to 365 days. Their office is at 39 Adeola Odeku Street, Victoria Island, Lagos.
At first, they became popular because it was easy to use. People liked how fast they could get loans without going to a bank. The app also offered good interest rates, making it a good choice for many Nigerians.
However, the Federal Competition and Consumer Protection Commission (FCCPC) delisted them. This means the app was removed from official app stores like Google Play and the Apple App Store.
Because of this, people can only access them by downloading the APK file from other websites. The app is no longer available in the usual places, but users can still get loans through the APK.
Even though SwiftKash is delisted, the company is still helping people get loans. You can contact them through their office in Lagos if you have any problems or need help with your loan.
While the app is no longer on the main app stores, many people in Nigeria still use SwiftKash for quick cash.
In summary, SwiftKash has faced some issues but continues to provide fast loans to its users. Even though it is not on the app stores anymore, you can still download it and get a loan by using the APK. The company is still active and offers a quick solution for those in need of money.
Requirements
APk
To download the SwiftKash APK, you need to first search for it online since it’s no longer available on the Google Play Store. Look for a trusted site where you can safely download the APK file.
Once you find the file, download it to your Android phone. Before you can install it, you’ll have to allow your phone to install apps from unknown sources.
This option is usually found in the security settings of your phone. After enabling it, open the downloaded APK file and click install. Once the app is installed, you can open it, register, and apply for a loan. Always be careful to download the APK from a trusted website to avoid any issues.
Phone number linked with BVN
When using SwiftKash, it’s important to register with the phone number linked to your BVN (Bank Verification Number). This is because it helps verify your identity and speeds up the loan approval process.
The BVN-linked phone number ensures that your details match with your bank records, making it easier for them to trust your information and transfer the loan directly to your bank account. Without this, you might face delays or issues during the application process.
Basic information
When applying for a loan through SwiftKash, you’ll need to provide some basic information. This usually includes your full name, date of birth, address, and employment details.
You may also need to share your BVN, bank account number, and a valid ID for verification. This information helps SwiftKash to process your application, verify your identity, and determine your loan eligibility.