CashLion Loan App Review and Interest Rate

On this page we will review the CashLion loan app. We will discuss if it is legit or scam, the interest rate, the amount someone can borrow, requirements and how to apply for CashLion loan and also how to repay CashLion loan.

CashLion Loan App Review

CashLion Loan App Review

CashLion is an instant loan provider. It provides instant loans and loans are disbursed within minutes after application.

The interest rate is low and repayment is flexible.

CashLion is one of the best money lending apps.

Is CashLion Loan App Legit or Scam

CashLion loan app is legit and genuine. Many people have been using it to get instant loans. If you notice any irregular transaction contact CashLion customer service.

Is CashLion Loan App Safe

CashLion app is very safe and secured. All your information are protected, privacy is guaranteed and transactions are secured.

CashLion Loan Interest Rate

Loan Amount: ₦ 2000 - ₦ 50,000

No hidden charges

Loan Term: 91 - 365 days

Interest rate: 16% -21% APR

Service Fee: 0

Example:

The customer borrows 1000 NGN for 180 days (6 months), the APR is 7.9%

So the total Interest would be 1,000 NGN *7.9 % = 79 NGN

The monthly payment would be (1000 NGN +79 NGN )/6 = 179 NGN.

The total repayment amount would be 1,074 NGN.

How Much Can I Borrow From CashLion Loan App

You can borrow between 2000 naira to 50,000 naira

Requirements To Get a Loan From CashLion Loan App

To get a loan from CashLion app:
  • You must reside in Nigeria
  • You must have a BVN
  • You must have a source of income
  • You must be between 20 to 60 years

How To Apply For Loan On CashLion Loan App

To borrow money from CashLion app:
  • Download the APP and register for an account.
  • Get your loan disbursed into your bank account.
  • Repay your loan with online bank account payment or or offline transfer to our company account.
  • You can pay in full or make partial payments before due date.
  • Repayment schedule keeps you on track with your payments.

How Long Does It Take CashLion Loan App To Give a Loan

It takes few minutes to hours depending on the amount.

How To Repay CashLion Loan

Simply login to the CashLion app, go to the repayment option, choose a repayment method you are okay with to repay the loan.

CashLion Loan Customer Care

If you have any feedback or concerns, call or by e-mail support@cashlion.ng

Message us on WhatsApp : +234 8109252549 

Office Address: Lekki Phase, Lekki, Lagos, Nigeria

No comments:

Post a Comment