Plenty Cash loan app review: APK Download, Customer Care Number
In need of instant personal loans up to 500,000NGN with minimal documentation? Look no further than Plenty cash loan app, providing quick solutions to your financial needs. Discover the features, application process, rates, and fees in this comprehensive guide.
Why plenty cash Loan App?
Plenty cash loan app distinguishes itself by offering instant personal loans online, catering to a range of financial needs. The loan amounts vary from 1,000NGN to 100,000NGN, with flexibility in withdrawals and repayment options.
Features of Plenty Cash Loan App
- Purpose: Use the loan for any reason, from consolidating debts to covering wedding expenses, travel, education, medical emergencies, home repairs, and more.
- Quantum of Loan: Ranging from 1,000NGN to 100,000NGN, with multiple withdrawals allowed in increments of 1,000NGN.
- Tenure and EMI Option: Choose tenure and EMI separately for each withdrawal, providing a personalized borrowing experience.
- Interest: Interest rates range from 15% to 32% per annum, depending on the loan amount, customer profile, tenure, and other factors.
- Repayment: Enjoy a flexible repayment period ranging from 1 to 3 months.
- Security: This is an unsecured loan, eliminating the need for collateral.
- Processing Charges: A nominal 2% processing charge applies to the loan amount.
How to Download APK and Apply for Plenty Cash Loan
- Install the Plenty cash mobile application from Google Playstore.
- Complete the application by providing necessary details.
- Upload the required documents.
- Receive instant approval on the mobile app after review and verification.
Rates and Fees
- Credit Limit: NGN 3,000 to NGN 600,000.
- Service Fee: Ranges from 1% to 10%.
- Interest Rate: Maximum APR is 30% per year, translating to 0.41% to 2.5% per month.
- Late Fee: A one-time fee of 3% of the outstanding amount due.
- Repayment Period: Minimum of 91 days and a maximum of 180 days.
Example Fees:
For a 4-month loan with a principal amount of ₦6,000, the interest would be ₦480, and the service fee ₦240, making the total amount due ₦6,720 with a monthly payment of ₦1,680.
Is Plenty Cash Loan App Legit?
Yes, Plenty Cash loan app is legitimate, providing short-term personal loans in Nigeria. Although many loan apps in Nigeria lack registration or regulation by the CBN, Plenty Cash maintains legitimacy. With a user rating of 3.2 stars on Google Playstore, it has garnered trust among users.
Eligibility Criteria for Plenty Cash Personal Loan
To avail of the Plenty Cash Personal Loan, you must meet the following criteria:
- Age: 15 to 55 years.
- Minimum Monthly Income: NGN30,000.
- Residency: Nigerian taxpayer residing in Nigeria.
- KYC Verification: Confirmed KYC details.
- Employment: Salaried individual with a minimum work experience of 6 months.
Plenty Cash Loan App Customer Care
For any queries or assistance, reach out to Plenty Cash customer care:
- Email: [email protected].
- Phone: 08168505208.
- Address: 82 Alebiosu street, Ile epo bustop, Egbeda Lagos.
Experience the ease of accessing instant personal loans with Plenty Cash loan app – your financial solution at your fingertips!