NewCash - Easy Loan

About NewCash - Easy Loan

NewCash is an online loan intermediary platform that collaborates deeply with over 50 money lending institutions to meet all your borrowing needs

NewCash's Membership Benefits:
1. Apply for loans from over 50 platforms each time, with a success rate of 100%
2. Each repayment will trigger a credit limit increase until the maximum limit is reached

Loan Description:
1.Limit range from NGN3,000 to NGN350,000
2.Loan terms are 91 to 365 days
3.Interest Rate (APR): 10% - 30%
4.Processing Fee: 0% (no any other hidden fees)
Example
You have chosen a loan amount of NGN20,000 at an APR of 12% with term of 180 days.
Interest = NGN 20,000 * 12% / 365 * 180 = NGN 1,183
Interest on loan=NGN 1,183
Total amount disbursed will be NGN 20,000
The total repayment is NGN 21,183
NewCash will be disbursed by cooperative loan platforms, with slightly different rates across different platforms

Steps of getting a loan on NewCash:
1. Install NewCash from Google Play
2. Register an account
3. Become a NewCash member
4. Fill in your basic information
5. NewCash will apply for loans from over 50 lending institutions and disburse it to your account