Interest Rate | 35% |
Duration | From 7 days |
Access Level | Public |
Company Name | Fly cash |
Phone 1 | |
Phone 2 | |
Website or Store | |
Address | |
Category | Dangerous Loan |
Company Email | |
Views | 322 |
Fly cash
Fly Cash: Your Easy Solution for Quick Loans in Nigeria
When you need a fast, convenient loan right into your bank account, Fly Cash is here to help. Offering flexible repayment options, Fly Cash allows you to repay your loan over a period of 2 to 6 months. With interest rates ranging from 4.5% to 34%, we ensure you get access to affordable financial assistance without the hassle of collateral.
Loan Amounts and Terms
In Nigeria, Fly Cash offers loan amounts ranging from ₦50,000 to ₦500,000, with repayment terms from 91 to 180 days. The interest and service fees vary between 4.5% and 34%, depending on the loan duration and amount, with an equivalent monthly interest rate between 3% and 29%. The Annual Percentage Rate (APR) ranges from 29% to 365%, depending on the terms you select.
Example of Loan Calculation:
Let’s say you decide to take a 6-month loan and borrow ₦1,000. With a monthly interest rate of 4.4%, Fly Cash would charge a total of ₦263 as interest for the 6-month repayment period. This brings your total repayment to ₦1,263 by the end of the term.
Why Choose Fly Cash?
Fly Cash simplifies the process of obtaining loans by offering a digital solution that cuts out the need for physical paperwork, collateral, or office visits. You can apply for and receive your loan entirely through the Fly Cash mobile app. Here’s what makes Fly Cash stand out:
No Paperwork or Collateral Needed: Fly Cash eliminates the traditional hurdles of loan applications, such as providing collateral or physical paperwork.
Flexibility in Loan Usage: Whether you need funds for personal use, a home improvement project, or a business venture, you can use your loan however you see fit.
Eligibility Requirements: Fly Cash caters to individuals aged 25-50 years old who hold a stable, fixed job.
Our Core Values
At Fly Cash, we are driven by the values of Speed, Integrity, Enthusiasm, and Professionalism. These core principles ensure that every aspect of our service is designed to meet your financial needs efficiently and ethically.
Safe and Secure Lending
Fly Cash uses the data on your mobile phone, such as your SMS history, to verify your identity and assess your creditworthiness. This modern approach creates a reliable credit score without the need for lengthy verification processes. Your privacy is our top priority. We encrypt all the data you share with us to ensure your personal and financial information remains secure, and we guarantee that none of your data will be shared with third parties without your consent.
Contact Us
We are always excited to hear from our customers! If you have any feedback, questions, or concerns, feel free to reach out to us via email at ashisep22@gmail.com.
Office Address: Admiralty Way, Beside Tantalizers,
Providence House, Lekki Phase 5, Nigeria.
Conclusion
Fly Cash is more than just a loan provider; we are your financial partner, committed to helping you achieve your goals. Whether you need funds to start a business, cover an emergency, or finance a personal project, Fly Cash offers a seamless, secure, and convenient way to access the money you need. Download the Fly Cash app today and take the first step toward realizing your financial dreams!
Expert Counsel
Important Considerations Before Using Fly Cash
Potential SMS Notifications to Your Contacts: Be aware that if you delay payment, Fly Cash may send messages to your contacts, notifying them that you owe money.
Expect Persistent WhatsApp Messages: If you miss your payment by even a day, be prepared for numerous unpleasant WhatsApp messages as they attempt to recover the loan.
Short Repayment Periods: Fly Cash often offers repayment schedules as short as 6 to 14 days, which can make it difficult to manage your repayments on time.
High Daily Overdue Interest Rates: Should you fall behind on payments, expect overdue interest rates of 5% to 7% per day, which can quickly accumulate and worsen your debt.
Damage to Reputation: Once your reputation is affected due to their tactics, some borrowers feel there's little incentive to repay the loan, as the damage may already be done.
Lack of Legal Recourse: Since Fly Cash lacks a proper lending license, they cannot pursue legal action. Their primary strategy is to harm your reputation rather than take legal steps.
Avoid Borrowing from Other Loan Apps: If you borrow from other loan apps to settle debts with Fly Cash, it may only lead to a deeper cycle of debt, worsening your financial situation.
Use Truecaller to Block Calls: To reduce stress, use apps like Truecaller to block incoming calls from Fly Cash, minimizing harassment.
Break the Cycle by Avoiding Further Borrowing: The best way to escape predatory loan tactics is to stop borrowing altogether and avoid taking on more debt.
Block and Report Them: To protect yourself and others, block Fly Cash on WhatsApp, and report them to both WhatsApp and Google Play Store to help prevent future victims from facing similar issues.
By being aware of these practices, you can make informed decisions when considering borrowing options. Always assess the risks and consider alternatives before using any loan app.
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