loan apps

Fastcent FKA FastCoin Loan App customer care number, apk download

Fastcent Loans makes it easy for consumers to apply for an unsecured personal loan. Prospective borrowers can check their rate and determine eligibility without a hard inquiry on their credit report, and those who are approved can apply online and receive funding as soon as the same day.

An unsecured loan is a type of loan that does not require collateral to get. It is usually short-term with very high interest rates.  Do not take an online loan to fund your lifestyle, they should only be used for short-term emergencies.

Unlike most loan apps with extremely high interest rates, Fastcent only charges 3% monthly rate on its loans making it one of the cheapest loan apps in Nigeria.


• No fees.

• Fast approval and funding.
• Low interest rates compared to other lenders.
• Good and responsive customer support.


• Minimum loan amount is low especially for new borrowers.

• Requires a long credit history.

• No prequalification process.
• Very high interest rates on short-term loans.

Do you qualify?

Fastcent doesn’t provide a complete picture of what it takes to qualify. However, you will likely need good to excellent credit.

When evaluating your loan application, Ultra Naira considers your:

• Credit history.

• Requested loan amount.

• Requested loan purpose.

• Repayment term.

• Available assets.

• Payment record on all loans and credit cards.

Fastcent Interest Rates

• The rate of interest charged is between 3% monthly to 9%.

• The interest charged depends on the loan quantum, profile of the customer, tenure of the loan, and other factors.

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• The interest charged varies from customer to customer.

• The interest will be charged only on the amount withdrawn.

• Repayment: The repayment period is flexible and ranges from 1 months to 3 months.

• Security: This is an unsecured loan and so no security is stipulated.

• Processing charges: 2% of the loan amount.

What FastCent provides:
※Loan term: from 91 days to 365 days.
※Loan amount: from ₦3,000 to ₦50,000.
※Interest rate:The maximum APR is 36% with an equivalent maximum monthly interest of 3%
※For example:
If you apply for a 91-day loan, there would be an origination fee of 9%, which means the interest rate per month is 3%. For the loan processed with principal amount of ₦3,000, the interest fee would be ₦3,000*9%=₦270. Interest per month would be ₦3,000*3%=₦90. The total amount due in 91 days would be ₦3,000+₦3,000*9%=₦3,270
Ultra Naira loans are for short-term emergency use only. The loan is a personal loan and borrowers who need long term loans should consider other options.

How to Downloan APK for Fastcent Loan

To apply for Fastcent Personal Loan you have to follow a few simple steps that are given below:

• Install the Fastcent mobile application on smartphone supported with android and complete the application.

• Fill in a few details.

• Upload the required documents.

• After review and verification of the application and documents, you get instant approval on the mobile app itself.

Is Fastcent loan app legit?

Yes, Fastcent is legitimate. It is registered with the CAC and FCCPC. The app has an average of 3.9 stars from reviewers on Google Playstore.

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Because of poor registration, loan apps in Nigeria can sometimes use unprofessional methods including harassing the family members of their debtors to recover their loans.

Fastcent loan customer care number

You can reach Fastcent customer care via WhatsApp on +234 7132334405.

– Email: [email protected]
– Company Address:34, Borno Way, Alagomeji, Yaba

Ibrahim Ismail

A passionate and highly skilled individual who has seamlessly blended the worlds of statistics, technology, and finance.

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