| Interest Rate | 44% |
| Duration | 7 days maximum |
| Access Level | Public |
| Company Name | Cashrain |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | Fake Address |
| Category | Dangerous Loan |
| Company Email | |
| Views | 882 |
Cashrain is a Nigerian fintech company with the mission to simplify instant credit. We believe that everyone should have access to financial independence, regardless of their location or economic status. That is why we have designed a platform that offers loans, investments, bill payments, micro-insurance plans, and money transfers at the snap of your fingers.
About Us
Cashrain was founded with the idea of making financial services more accessible and affordable to everyone. Our team is made up of experienced financial professionals and tech experts who are passionate about making a difference in people's lives. We are committed to delivering excellent customer service, security, ease of use, and innovative financial solutions that help people build financial independence.
Company Services
Cashrain offers a variety of financial services designed to meet the needs of our customers. Our loan services range from ₦2,000 to ₦150000 and have a tenor of 7 days to 31days. Our interest rates range from 2% - 20% per month and APR from 22% - 264% per annum. We offer a 30% monthly interest rate, early repayment discount of up to 10%, and no hidden or late fees.
Our Mission
Cashrain's mission is to provide simple, quick, and easy financial solutions that empower people to achieve financial independence. We strive to be the leading provider of innovative financial services in emerging markets, offering our customers the tools they need to build a better future.
Our Vision
Our vision is to create a world where financial independence is accessible to everyone, regardless of their location or economic status. We believe that financial freedom is a fundamental right, and our goal is to make it a reality for millions of people.
Our Core Values
At Cashrain, we are committed to providing excellent customer service, being a cooperative partner, and delivering products that are secure, reliable, and easy to use. We believe in the importance of integrity, transparency, and innovation, and these values guide everything we do.
Excellent Customer Service
At Cashrain, we understand that our success depends on our customers' satisfaction. That is why we are committed to delivering the highest level of customer service. Our customer service representatives are knowledgeable, friendly, and always ready to help with any questions or concerns.
Cooperative Partner
Cashrain values our partnerships and strives to be a cooperative partner in all our relationships. Whether it is with our customers, employees, or other partners, we are committed to building strong and lasting relationships based on trust, mutual respect, and shared goals.
Ease of Use
Cashrain is designed with the user in mind. We understand that people's lives are busy, and they don't have time to waste on complicated financial processes. That is why we have created a platform that is intuitive, easy to use, and designed to make life easier for our customers.
Security
At Cashrain, we understand that security is a top priority for our customers. We use the latest technology and security protocols to protect our customers' personal information and financial data. We are committed to ensuring that our customers can use our services with confidence and peace of mind.
Instant Loans
Cashrain's instant loan services provide quick and easy access to funds, without the hassle of traditional loan applications. Our application process is simple and straightforward, and our customers can receive their funds in minutes.
Expert Counsel
If you're overdue even by just a day, get ready for a barrage of SMS messages to your contacts, letting them know about your outstanding debt. And it doesn't stop there. They'll also flood your WhatsApp with all sorts of derogatory messages, making an already stressful situation even worse.
Now, let's talk about their repayment plans. Cashrain typically offers repayment periods ranging from 6 days to 14 days, which might sound reasonable at first glance. But trust me, it's anything but. These short repayment windows can make it incredibly challenging to pay back what you owe, especially considering their exorbitant interest rates.
Speaking of interest rates, brace yourself because Cashrain isn't playing around. They charge between 5% to 7% per day for overdue payments, and let me tell you, that adds up fast. Before you know it, you could find yourself drowning in debt, with no way out in sight.
Here's a word of advice: once Cashrain starts defaming you, don't bother paying them back. They've already gotten what they wanted, and paying them won't make those derogatory messages disappear. Plus, since they're not licensed, they don't have much legal recourse besides tarnishing your reputation.
And whatever you do, don't fall into the trap of borrowing from another loan app to repay Cashrain. They have a whole slew of apps lurking in the mobile app stores, so if you think you're escaping one debt by borrowing from another, think again. You'll only find yourself sinking deeper into financial ruin.
To protect yourself from Cashrain's relentless harassment, consider installing Truecaller on your phone. This handy app can help you identify and block their calls, giving you some much-needed peace of mind.
Ultimately, the best way to break free from Cashrain's grip is to stop borrowing altogether. It might not be easy, but it's the only way to avoid getting caught in their web of debt.
Remember, your financial well-being is priceless. So, stay vigilant, be wise about your borrowing decisions, and don't let Cashrain or any other loan shark drag you down.
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Reviews
They are terrible people, they take the slightest opportunity they see to defame
- 3/19/2023
This app is full of criminal practices.
- 3/18/2023
- poor support
i repaid my loan but it still shows I have outstanding debt why. I have sent an email but no response yet
- 3/13/2023
the worst of them all, stay away from them
- 3/13/2023
- High interest
They charge 100% interest rate which is very absurd with 6 days duration
- 3/9/2023
t's the most useless loan app have ever made use of, my loan was not due yet and they uploaded my face as a criminal, i didnt pay he money. they have done their worst
- 2/23/2023
Its best to stay off this app, dont collect their money cause the interest is daylight robbery and they wsont hesitate to defame you when ur pay is due
- 2/17/2023
I used this loan app for a quick fix to my financial situation, but the high interest rates and short duration made it difficult to pay off.
- 2/9/2023
I used this loan app for a quick fix to my financial situation, but the high interest rates and short duration made it difficult to pay off.
- 2/2/2023
It's just a waste of time I downloaded the app but I don't receive any money, I try to get a loan but it's not working at all
- 2/2/2023
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