NgnCash: Lending app that claims up to N500,000 credit, legit or scam?
NgnCash is a digital lending app with a maximum loan of NGN500000, offering safe and quick loans to Nigerians aged between 20 to 65
Why choose NgnCash? The lending app claims the following
There is no any collateral
Can borrow up to NGN500000
Low interest , safe, reliable and flexible
We are open 24 hours to solve any problems which you encounter with the loan
REPRESENTATIVE LOAN EXAMPLE FOR NGNCASH
Loan term: 90 days (shortest, including renewal time) – 365 days (longest, including renewal time)
Loan amount: NGN3000-NGN500000
Interest rate: as low as 0.05% (daily interest)
Interest rate: Maximum APR is 18% per year, 0.05% per day
Transaction fee:No.
Processing fee: No.
If you choose a loan limit of NGN 6,000.00 with a period of 360 days from NGN Cash,
the total interest must be paid: NGN 6000.00 * 0.05% * 360 = NGN 1080, monthly interest shall be paid:NGN6000.00 * 0.05% * 30 =NGN 90, monthly repayment bill including principle and interest shall be paid: NGN 6000/12 + NGN 90= NGN 590, total repayment bill including principle and interest shall be paid: NGN 6000.00 + NGN 1080 = NGN 7080
-Contact us:
We are glad to hear from you! If you have any questions, suggestions, or concerns, pls feel free to contact us at
Email:dev.luckyloan@gmail.com
Company: Good Luck Technology Limited
Address:Alabi St, off Toyin St, Ikeja, Lagos, Nigeria
To download NGNCash app and apply for loans , CLICK HERE.
CUSTOMER FEEDBACK AND REVIEWS
Oluwole Esther
4 January 2022
They are scammers, you will lol not see your interest on loan before they send it to your bank, they lied the duration, and fake the amount at first, don’t go near them they are scammers, I hope you don’t use my information on another fraud else I will sue you, the name of the app is Ngncash, and Luckyloan is the registered bank name sending money to ones account. Fraudulent attitude. Lucky loan or Ngncash I hope my information is save😡
egina Ana
24 August 2021
32
After filling & uploading all the necessary info the next thing is system under maintenance……bad experience, bad app
Coleman Saviour
21 October 2021
9
This app is annoying men,I fill all necessary information then it’s telling me queuing or system under maintenance
Okechukwu Okpara
7 December 2021
8
When I have food every updates concerning my details I requested for loan then did not give me then said that I should wait for another 3 days