| Interest Rate | 33% |
| Duration | From 7 Days |
| Access Level | Public |
| Company Name | Cash Cola |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Dangerous Loan |
| Company Email | |
| Views | 212 |
In today’s fast-paced world, having access to reliable financial solutions is crucial. Cash Cola – Mobile Cash Wallet stands out as an innovative finance app designed to cater to your borrowing needs quickly and efficiently. Developed by amrrzyy6682232d, this app has been available since February 2020 and continues to provide a convenient platform for users seeking instant loans.
App Overview
Cash Cola – Mobile Cash Wallet has gained significant traction, with around 400,000 downloads in the last 30 days. Despite not being at the top of the app charts, it has garnered a user base that appreciates its ease of use and functionality. The app is rated 2.67 out of 5 stars based on 3,000 ratings, reflecting a range of user experiences. The latest update was on March 30, 2020, and the app is designed for Android devices running version 5.0 and above, with a download size of 21.01 MB.
Key Features of Cash Cola
High Loan Amounts
One of the standout features of Cash Cola is its ability to facilitate high loan amounts. Users can apply for loans up to ₹300,000, making it a versatile solution for various financial needs, whether it’s for emergencies, significant purchases, or business ventures.
Competitive Interest Rates
Cash Cola offers competitive annualized interest rates, ranging from as low as 3% to a maximum of 14%. This wide range ensures that users can find loan terms that fit their financial situation, minimizing the cost of borrowing.
Quick Processing Time
The app is designed to offer a short processing time, ensuring that users receive their funds promptly. This feature is particularly beneficial for those in need of urgent financial assistance.
Flexible Loan Terms
Cash Cola provides flexible loan terms, with the shortest duration being 91 days (including renewal period) and the longest being 120 days. This flexibility allows users to choose repayment schedules that best suit their financial capabilities.
Easy and Convenient Operation
Cash Cola simplifies the loan application process, making it accessible and user-friendly. Here’s how it works:
Download and Install: Start by downloading the Cash Cola app from the Google Play Store and installing it on your Android device.
Registration/Login: Enter your current phone number to register or log in.
Product Selection: Choose from a wide range of loan products available on the app.
Information Submission: Fill in your personal information, submit the application, and follow the provided instructions to receive your funds.
About Cash Cola
Launched by Runningbyte Finance India Private Limited, Cash Cola is more than just a loan app. It utilizes big data to evaluate customers' credit standings, offering the most suitable loan products, credit cards, and related services through intelligent matching. This approach ensures that users receive personalized financial solutions tailored to their specific needs.
Loan Application Conditions
To apply for a loan with Cash Cola, users must meet the following conditions:
Age Requirement: Applicants must be 18 years or older.
Documentation: Necessary documents include a valid ID proof and relevant personal information.
Usage and Benefits
Cash Cola is designed for convenience and efficiency. Whether you need funds for an emergency, a business venture, or a significant purchase, Cash Cola provides a quick and easy solution. Here are some of the key benefits:
No Need for Credit History: The app does not require a prior credit history, making it accessible to a broader audience.
Paperless Process: The entire loan application process is conducted digitally, eliminating the need for physical paperwork.
24/7 Access: Users can apply for loans anytime, from anywhere, providing unmatched convenience.
Fast Approval: The app promises a speedy review process, often completing in just a few minutes.
Example Loan Terms
To better understand how Cash Cola works, here’s an example:
Loan Amount: ₹5,000 Tenure: 91 days Interest Rate: 24% per annum Interest Calculation: ₹5,000 * 24% / 365 * 91 = ₹299
Cash Cola – Mobile Cash Wallet is an efficient and user-friendly app that provides quick access to loans with competitive interest rates and flexible terms. Launched by Runningbyte Finance India Private Limited, it leverages big data to offer tailored financial solutions, ensuring that users receive the support they need when they need it.
If you’re in need of financial assistance and prefer a quick, hassle-free process, Cash Cola is a reliable option worth considering. Download the app today and experience the convenience of instant borrowing at your fingertips.
Expert Counsel
Loan apps might seem like an easy solution for quick cash, but they come with significant risks. Here are ten crucial tips to help protect yourself when using online lending platforms:
- Prepare for Aggressive Follow-ups if You're Late:
- Even a slight delay in repayment can trigger a flood of messages, often on platforms like WhatsApp. If these messages become overwhelming, consider blocking the sender to protect your peace of mind.
- Avoid Borrowing from Multiple Apps:
- Taking out loans from different platforms to cover existing debts can lead to a deeper cycle of debt. Steer clear of this approach to maintain financial control.
- Beware of High Late Fees and Interest Rates:
- Missing payments can lead to daily interest charges ranging from 5% to 7%, causing your debt to grow rapidly. Avoid missing deadlines to prevent accumulating excessive interest.
- Only Download Apps from Official Stores:
- Stick to trusted sources like the Google Play Store when downloading loan apps. Unverified sites can compromise your privacy and expose you to cyber risks.
- Consider Safer Alternatives:
- Many loan apps are designed to trap users in debt cycles, impacting financial stability and privacy. Seeking out more secure and traditional financial options can help avoid these pitfalls.
- Watch for Short Repayment Periods:
- Some apps set repayment terms as short as 6 to 14 days, making it challenging to repay on time and often leading to debt traps. Ensure you’re comfortable with the repayment schedule before borrowing.
- Protect Your Privacy and Reputation:
- Loan apps may contact your family or friends to pressure you, potentially harming your reputation. For some, this alone is a reason to avoid these apps entirely.
- Break the Borrowing Cycle:
- The best way to escape high-interest debt is to stop borrowing altogether. While it might be challenging initially, taking a break from these loans is essential for financial recovery.
- Use Call-Blocking Apps Like Truecaller:
- Apps like Truecaller allow you to screen and block unwanted calls from lenders, helping to reduce stress from persistent calls and messages.
- Report and Block Aggressive Contacts:
- If you receive abusive or threatening messages on platforms like WhatsApp, block the sender and report them to both WhatsApp and the app store to help protect others from similar harassment.
Join our Facebook Group
Reviews
Related Loans
.webp){kind=small}
Safely Report A Loan Shark
If you have borrowed from a loan shark or are worried about someone else, we’re here to help and keep you safe. Learn how to break free from their grasp.
