Interest Rate | 35% |
Duration | From 60 days |
Access Level | Public |
Company Name | FUTURECREST INTERNET TECHNOLOGY LIMITED |
Phone 1 | |
Phone 2 | |
Website or Store | |
Address | |
Category | Dangerous Loan |
Company Email | |
Views | 266 |
Easecash
Ease Cash makes it simple to access loans anytime, anywhere, directly from your mobile device.
Product Introduction:
- Loan Tenure: 91 days – 180 days
- Loan Amount Range: NGN 1,000 – NGN 200,000
- Maximum Annual Percentage Rate (APR): 14%
- Processing Fees: One-time fee per transaction, ranging from 5% to 20%
Interest Calculation Example: For a loan amount of NGN 10,000 with a 14% APR, a 10% processing fee, and a 91-day term:
- Total amount payable on the due date would be NGN 11,349. This includes:
- Interest: (NGN 10,000 * 14% / 365 * 91)
- Principal: NGN 10,000
- Processing Fee: NGN 10,000 * 10%
Similar Loan Platforms: Ease Cash operates similarly to well-known services like Okash, FairMoney, Palmcredit, Carbon, Tloan, and Branch.
How is Ease Cash Different?
- No Collateral Required: Apply based on your credit without needing deposits or collateral.
- Quick Disbursement: Borrow up to NGN 100,000, with the loan disbursed quickly to your bank account.
- Fully Digital Process: Everything is done online through a paperless, mobile-based system.
- Data Privacy: Your data is secure and won’t be shared with third parties without your consent.
- Repayment Reminders: You’ll receive notifications to remind you about upcoming repayment deadlines.
How It Works:
- Download and install the Ease Cash app from the Google Play Store.
- Register your account and apply for a loan.
- Once approved, your loan will be disbursed into your bank account, including banks like Access Bank, FirstBank, Zenith Bank, Union Bank, Ecobank, and Fidelity.
Eligibility Requirements:
- Must be a Nigerian resident.
- Must be between 20 and 55 years old.
Contact Us:
- Email: customer@EaseCash.com
- Address: GRA, Ikeja, Lagos, Nigeria
Note: You’ll be able to choose from several repayment options that best suit your schedule.
Join Ease Cash today for a fast and reliable loan service!
Expert Counsel
Things to Know About EaseCash Loan App Practices
- Unwanted Contact with Your Network: EaseCash may send SMS messages to your contacts, claiming that you owe them money.
- WhatsApp Harassment: If you are even one day late with repayment, expect unpleasant and frequent WhatsApp messages.
- Short Repayment Periods: Their repayment schedules often range between 6 to 14 days, which can make it difficult to meet deadlines and pay off your loan.
- High Overdue Interest Rates: Be prepared for daily overdue interest rates between 5% and 7%, which can quickly add up and increase your debt burden.
- Reputation Damage: Once your reputation is damaged through their messages, they consider their goal achieved, so repaying the loan may feel secondary.
- No Legal Authority: Since they operate without a license, EaseCash cannot take legal action against you. Their primary method is to damage your reputation instead.
- Avoid Borrowing from Other Apps: Taking loans from other apps to clear your debt will only worsen your financial situation.
- Use Truecaller for Protection: Install Truecaller to block and screen their calls, reducing the stress caused by constant communication.
- Stop Borrowing: The most effective way to escape loan sharks is to stop borrowing and avoid falling into further debt.
- Report and Block: Block them on WhatsApp, and report their activities to WhatsApp and the Google Play Store to help protect others from similar experiences.
Make informed decisions and be cautious with loan services like EaseCash to avoid unnecessary stress and financial hardship.
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