Flash Cash - Light Loans

Features Flash Cash - Light Loans

Flash Loan terms in NigeriaLoan Amount: from ₦.5000 to ₦.
350,000.Processing v Fee: 5% of principal amount with minimum amount ₦ 200 and maximum amount ₦ 2000Maximum Annual Percentage Rate (APR) includes interests plus processing fee is 365% Minimum Annual Percentage Rate (APR) includes interests plus processing fee is 5%Repayment period: shortest term 91 days.
Longest term 180 daysRepresentative Example loan calculation:For instance, 61 day loan with a principal amount of ₦ 10000The processing fee would be ₦500The interest would be ₦ 205.48The total amount due is ₦ 10705.48 and monthly payment due will be ₦ 5352.74Flash Loan terms in KenyaLoan Amount: from Kes.1,500 to KES.
100,000.Processing Fee: 5% of principal amount with minimum amount KES 60 and maximum amount KES 600.Maximum Annual Percentage Rate (APR) includes interests plus processing fee is 365% Minimum Annual Percentage Rate (APR) includes interests plus processing fee is 5%Repayment period: shortest term 72 days.
Longest term 180 daysRepresentative Example loan calculation:For 61day loan tenureA principal amount of KES 3000,Processing fee would be KES 150And the interest would be KES 61.64And the total amount due is KES 3211.64 and monthly payment due is KES 1605.82.Minimum Annual Percentage Rate (APR) includes interests plus processing fee is 5%Repayment period: shortest term 90 days.
Longest term 365 daysSample loan calculationLoan amount: ₹ 30,000 at interest rate of 33.46% p.a.Loan Duration: 90 DaysTotal Interest = ₹ 2,475Processing fees (PF) + GST = ₹ 1000 + Rs 180 = ₹ 1,180Total Deductibles (PF + GST+ Interest): ₹ 3,655In-Hand Amount: Loan Amount - Total Deductibles = ₹ 30,000 - 3,655 = ₹ 26,345Total repayable Amount: ₹ 30,000Monthly EMI Repayable: ₹ 10,000The deductibles (interest + PF + GST) are deducted upfront during the loan disbursal.Contact Us:For any feedback comments and compliments reach us through:Email: [email protected] 4789, NairobiDISCLAIMER:We are not direct loan lenders, we only link you to loan apps that are already published on Google play store.