BC Bank app gives unsecured loans to all affiliates in the down line of any officially listed Referral user Id in the Application. The amount loan available to a member shall be progressive from an indicated minimum and maximum loan eligibility. BC Bank under the provided permissions received as an active subscribed affiliate of the Boldcashers financial technology operating under the two sponsored accounts i.e 23530191 and 23508280.
BC Bank is limited to active members in the direct referral downline of Sponsored ID 23530191, and activated members under 23508280 from July 2020, and any activation done through the BC Bank app. After a client activates an account with boldcashers, they they can instantly fill a loan application form in the BC Bank app selecting an amount indicated in level one and other required details. An email will be sent from [email protected] indicating an increase or decrease in the integrity level determined by activeness. A member shall not loose their level by being in active except failing to make a payment in a specified period. BC Bank loans are not secured by any foam of security, except that a member starts borrowing from the commission received by BC Bank as they activate their Boldcashers account, it's this money that is loaned out to the members and as they repay with a certain interest they increase the amount that they can borrow in the next level. Once the total interest is slightly above the previous amount borrowed then they are promoted to another level. If they fail to pay BC Bank only losses part of the commission received when they subscribed, the rest will all be their money. The purpose of the App to develop financial integrity in Africa, hence integrity millionaires. At level 9 every member will be already a millionaires. BC Bank will also help members who have difficulties in paying back by providing them with several earning opportunities and ideas.
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