| Interest Rate | 34% |
| Duration | From 14 Days |
| Access Level | Public |
| Company Name | Pranipat Khatua |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | Plot No. 14, Electronic City, Sector 18, Udyog Vihar, Gurugram- 122015, Haryana, India |
| Category | Dangerous Loan |
| Company Email | service@finclubindia.onexmail.com |
| Views | 100 |
Cash On, an instant personal loan platform designed to provide quick and reliable short-term loans. Whether you're facing an emergency or need extra funds for personal expenses, Cash On offers a seamless lending experience. Here’s everything you need to know about our services:
Product Information
At Cash On, we offer a variety of loan products with competitive terms:
- Loan Range: ₹1,000 to ₹20,000
- Interest Rates: Starting from 0.1% for daily loans
- Annual Interest Rate (APR): Up to 36% per year
- Service Fees: Starting from 0.21%
- Tenure: Choose from 92 to 120 days
Example Loan Calculation
To give you an idea of how our loans work, here's an example:
- Loan Amount: ₹8,000
- Tenure: 92 days
- Daily Interest Rate: 0.1%
Calculations:
- Interest Calculation: ₹8,000 * 0.1% * 92 = ₹720
- Total Repayment Amount: ₹8,000 + ₹720 = ₹8,720
Why Choose Cash On?
Cash On is designed to make borrowing easy and stress-free. Here’s why our platform stands out:
1. Easy Lending Process
Our online operation is straightforward and efficient. With just four simple steps, you can quickly measure your credit and apply for a loan.
2. Fast Approval
Enjoy quick loan approvals 24/7, ensuring you get the funds you need without unnecessary delays.
3. Convenient Repayment
We support multi-channel repayment options, allowing you to repay your loan through various methods. You can also opt for early repayment or apply for a loan extension if needed.
How to Use Cash On
Follow these four easy steps to get started with Cash On:
- Login for Registration: Download the Cash On app from the Google Play Store and register with your phone number.
- Submit Information: Complete the application form with your personal details.
- Information Audit: Our team will promptly verify your information.
- Disbursement of Funds: Once approved, the loan amount will be transferred to your bank account.
Eligibility Criteria
To qualify for a loan from Cash On, you need to meet the following requirements:
- Residency: Must be an Indian citizen
- Age: Must be over 18 years old
- Documentation: Aadhaar and PAN card
- Income: Must have proof of income and an active bank account
Privacy and Security
At Cash On, your privacy and data security are our top priorities. We ensure all your information is transferred over a secure HTTPS connection and is not shared with any third parties without your consent. All transactions are secured using 128-bit SSL encryption to protect your data.
Cash On is your reliable partner for instant personal loans. Whether you need a small loan for daily expenses or a larger amount for unforeseen circumstances, our platform offers a fast, convenient, and secure way to access funds. Download the Cash On app today and experience easy lending for a better life. Take control of your financial future with Cash On and enjoy the peace of mind that comes with reliable financial support.
Expert Counsel
While loan apps may provide a quick fix for financial issues, they often come with significant risks that can impact your financial health. Here are ten crucial tips to keep in mind when using these online loan applications:
1. Expect Aggressive Messaging for Late Payments
Even a single day's delay in repayment can trigger a barrage of harassing messages, especially on platforms like WhatsApp. If this happens, block the sender to maintain your peace of mind and avoid unnecessary stress.
2. Avoid Borrowing from Multiple Loan Apps
Resorting to other loan apps to repay existing debts can trap you in a never-ending cycle of borrowing. This practice often worsens your financial situation rather than improving it, leading to deeper debt.
3. Be Aware of High Penalty Interest Rates
Missed payments can result in daily interest rates ranging from 5% to 7%. These penalty rates can quickly balloon your debt, making repayment even more challenging. Always strive to meet your payment deadlines to avoid these additional costs.
4. Download Apps Only from Official Sources
Ensure you're downloading loan apps from trusted platforms like the Google Play Store. Downloading from unofficial sites puts your personal information at risk and exposes you to potential fraud or harassment.
5. Consider Skipping Loan Apps Altogether
Many loan apps are designed to trap users in cycles of debt, often compromising their privacy and financial health. It's often safer to explore alternative, more secure financial options, such as credit unions or traditional bank loans.
6. Watch for Short Repayment Periods
Some loan apps offer repayment periods as short as 6 to 14 days. These short terms can make it difficult to repay the loan on time, increasing the risk of falling into a debt trap. Ensure you’re comfortable with the repayment schedule before borrowing.
7. Protect Your Personal Reputation
Loan apps may contact your friends or family to publicly shame you if you fall behind on payments. This tactic can be distressing and damaging to your reputation. Avoid these apps altogether to protect your personal relationships and peace of mind.
8. Stop Borrowing to Break Free
The best way to escape the clutches of loan sharks is to stop borrowing. Although it may be difficult, taking this step is necessary to regain control of your financial life and prevent further debt.
9. Use Call Management Tools Like Truecaller
Truecaller is a helpful tool for blocking unwanted calls from loan apps, helping you manage stress and reduce harassment from lenders. This can provide relief from persistent and intrusive calls.
10. Report and Block Harassing Messages
If you receive threatening messages, especially on platforms like WhatsApp, take immediate action by blocking the sender and reporting them to WhatsApp and the Google Play Store. This helps protect others from similar harassment and can lead to the removal of predatory apps from the platform.
By following these guidelines, you can protect yourself from the risks associated with predatory loan apps and safeguard your financial well-being. Staying informed and cautious will help you make better financial decisions for your future. Remember, your financial health is paramount, and taking proactive steps to protect it is essential for long-term stability. Stay vigilant and prioritize secure financial practices to ensure a healthier financial future.
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.
