| Interest Rate | 55% |
| Duration | From 7 days |
| Access Level | Public |
| Company Name | Ecoland |
| Phone 1 | 09136426141 |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Dangerous Loan |
| Company Email | |
| Views | 272 |
Ecoland Cash has emerged as a leading online loan application in Nigeria, renowned for its user-friendly and convenient access to funds. With just a smartphone, users can swiftly secure loans, making it a favored choice among many. The app has earned the trust of its customers through its straightforward and transparent processes. Currently, Ecoland Cash offers enticing incentives for first-time borrowers, so be sure to register to take advantage of these benefits.
Product Overview of the Ecoland Cash App
Ecoland Cash provides detailed information about its loan products, ensuring customers can easily navigate their borrowing options:
Loan Limits
The app features flexible loan packages tailored to meet the diverse financial needs of its users. Loan amounts start from NGN 15,000 and go up to NGN 400,000, allowing customers to select the sum that best fits their requirements.
Loan Terms
Ecoland Cash offers loan terms ranging from 90 days to a maximum of 360 days. This extended period allows customers ample time to manage their finances and make timely repayments. We encourage borrowers to repay their loans as soon as possible to avoid incurring additional charges.
Interest Rates
The current interest rates at Ecoland Cash fall between 12% and 15% annually. While these rates may be higher than traditional banks, the app compensates with a streamlined loan process that does not require collateral.
Ecoland Cash simplifies the borrowing procedure, making it more time-efficient compared to conventional banking methods.
Pros and Cons of Borrowing Through Ecoland Cash
Advantages
Fast and Convenient Service: Ecoland Cash offers a speedy online loan service.
Easy Registration: Applying for a loan is straightforward and can be completed via mobile phone.
Financial Assistance: The app provides essential financial support to those in need.
Quick Approval: Users can expect swift loan approvals, open to all applicants.
Minimal Time Investment: Completing the loan application takes just 5 to 10 minutes.
Prompt Disbursement: Funds are released quickly once the application is approved.
No Collateral Needed: Only an ID card is required for the loan application.
Robust Data Security: The app prioritizes the protection of personal information.
Disadvantages
Incomplete Licensing: The app is still in the process of obtaining full operational licenses.
Online Borrowing Risks: As with any online borrowing, there are inherent risks.
Higher Interest Rates: The interest rates are relatively steep compared to traditional lenders.
Consequences of Late Payments: Late repayments can lead to significant difficulties.
How to Repay Your Loan Quickly
Repaying a loan involves returning the principal amount along with any accrued interest. The repayment method varies based on the loan type and the terms outlined in the contract. Here are common repayment methods:
Online Payment: Customers can easily transfer funds via the app or utilize an e-wallet.
Monthly Installments: Borrowers can make monthly payments as specified in the loan agreement, with amounts determined by the chosen loan package.
Key Considerations for Borrowing from Ecoland Cash
Eligibility: Only Nigerian residents can apply for loans.
Valid Documentation: Loans are granted only to customers with valid identification.
ID Requirements: A chip-enabled national ID card is mandatory.
Contact Information: A phone number and bank account are necessary for loan disbursement.
Fully Online Process: All borrowing activities are conducted online, necessitating a mobile device for participation.
Ecoland Cash Application Details
- App Name: Ecoland Cash
- Address: 6 BKT Cribs Cl, off Chris Oyakhilome Crescent, Durumi, Abuja 900104, Federal Capital Territory, Nigeria
- Phone Number: +2349092274169
- Website: EcolandCash.com
Ecoland Cash provides reliable and convenient loan services in Nigeria, assisting customers in swiftly overcoming financial hurdles. While the loan conditions are user-friendly, it's essential for borrowers to carefully evaluate their options and not overly depend on the app. Wishing you safe and effective
Expert Counsel
When dealing with IMoney, it's important to understand certain aspects of repayment. Here's what you need to know:
Unregistered: IMoney is not a registered loan app. This means they will not follow legal guidelines and regulations set by authorities.
Derogatory Messages: If they have sent disrespectful or offensive messages to your contacts. This behavior can be harmful and embarrassing, do not worry yourself the deed has been done and they have collected their money with such action. Do not pay them back. when they ask you to pay tell them you are ready to meet them in court
Defamation: If IMoney has already tarnished your reputation by sending derogatory messages, there may be little to gain from paying them back. Once they've harmed your reputation, paying them may not undo the damage.
Install TrueCaller: TrueCaller is a phone app that helps identify and block spam calls. Installing this app can help you identify and block unwanted calls from IMoney.
Block Auto Debit: To prevent IMoney from automatically debiting money from your bank account, it's important to block your bank card. go to your bank and get another card
Block on WhatsApp: You can block IMoney's contact on WhatsApp to stop receiving messages from them. Additionally, you should report them on WhatsApp to alert the platform about their behavior.
Report to App Stores: If IMoney is available on Google Play Store or iOS, you should report the app to the respective app store. This helps ensure that others are warned about the app's behavior, and the app may be removed from the store.
It's crucial to take these steps to protect yourself from further harm or harassment by IMoney.
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Reviews
Agent message to usersGood morning Dear Esteemed Customer We are yet to get your payment after knowing that your loan is1day overdue today kindly make your payment available before 12NOON-1.30PM latest to avoid being drag as that is what you are expecting. KINDLY PAY TO THE COMPANY ACCOUNT IF YOU HAVE PROBLEM PAYING WITH THE APP GET YOUR VIRTUAL ACCOUNT FROM THER QUALITYCASHPRO LOAN ACCOUNT OFFICER
I was given 29000 to pay 45000 within 14 days and have been receiving all manner of threat with different contact
- 12/10/2024
- Agent message to users
I was given 29000 to pay back 45000 didn’t see this on time had already been credited I guess you've given us the go ahead to start threatening your contacts, also send them your pictures as criminal since you refused to pay back the loan you borrowed
Your ignorance say it all.
MAKE PAYMENT TODAY BEFORE EVENING TO AVOID BEING EMBARRASSED
No extension and excuses will not be considered...you have been informed
- 12/10/2024
- Agent message to users
I was credite 29000 and pay back 45000 within 14 days.I guess you've given us the go ahead to start threatening your contacts, also send them your pictures as criminal since you refused to pay back the loan you borrowed
Your ignorance say it all.
MAKE PAYMENT TODAY BEFORE EVENING TO AVOID BEING EMBARRASSED
No extension and excuses will not be considered...you have been informed
- 12/10/2024
- Thieves (Ecoland)
They give u high amount and tell u too aback I was given 29000 to pay back 45000 within 14 days and have been receiving all manner of threats and insults from them using different contact to chat me up
- 11/13/2024
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