| Interest Rate | 20% |
| Duration | From 30 Days |
| Access Level | Public |
| Company Name | Cool Loans Limited |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Mild Loan |
| Company Email | |
| Views | 1,034 |
CoolCash Jamaica Mobile Lendin
Training Videos
Frequently Asked Questions
CoolCash is Jamaica’s leading mobile loan app, allowing Jamaicans to conveniently access loans using their Android devices. The app is designed to be easy, quick, and secure, enabling users to apply for a loan online at any time of day.
Benefits of Using CoolCash
Quick Access to Funds: Get up to $50,000 transferred to your bank account within 30 minutes.
No Hidden Fees: Transparent loan terms with no hidden charges.
Paperless Process: No need for paperwork; everything is done online.
Direct Bank Transfer: Funds are directly transferred to your bank account.
Grace Period: Enjoy a 3 working-day grace period.
No Guarantors or Collateral: Loans are provided without the need for guarantors or collateral.
Flexible Repayment: Repayment terms of up to 90 days.
Online Repayment: Repay your loan online without needing to visit the bank.
Why Choose CoolCash?
We understand the frustrations involved in applying for short-term loans and believe the process should be simple and easy. With CoolCash, you no longer need to jump through hoops to qualify for a quick loan. Our process is designed to eliminate lines, fuss, and headaches, providing a seamless experience.
Coverage of Expenses
CoolCash loans cover a variety of financial needs, including:
Debt Consolidation
Interim Liquidity
Bill Payments
Insurance Expenses
Medical Expenses
And more
Eligibility Criteria
To be eligible for a CoolCash loan, you must meet the following requirements:
Age: At least 18 years old.
Residency: Currently living in Jamaica.
Social Media: Have an active social media account.
Employment: Currently employed.
About CoolCash
CoolCash was created to provide everyone with a quick and easy alternative to accessing funds without the need for extensive paperwork and complex processes. Traditional banks and lenders often require significant documentation for small loans. At CoolCash, we use technology to offer the ultimate borrowing experience for online loans.
Loan Terms
Minimum Repayment Period: 60 days
Maximum Repayment Period: 90 days
Maximum APR: 365% (1% per day)
Example Loan Calculation:
Loan Amount: $30,000
Loan Term: 90 days
Processing Fee: $2,500
Total Interest: $21,186.08 (1% per day)
Total Repayment: $53,686.08
Security and Authorization
CoolCash is an authorized micro-finance lender in Jamaica, ensuring that all transactions and services are secure and regulated.
CoolCash is here to provide you with the financial support you need, quickly and conveniently. Download the app today and experience the ease of accessing loans with CoolCash. We've got you covered!