Features & Benefits of Cash Loan App
What is a cash loan?
Cash loan is a type of personal loan which requires minimum documentation and the approval process is quick and speedy. The method is minimal and convenient compared to the traditional bank loans. Cash loans are also termed as personal loan, instant loan, money loan or quick loan. You can apply for personal loan online without visiting any bank or filling out long forms. It saves the lenders as well as the borrower’s time. Such a type of personal loan is gaining popularity among the young working professionals to satisfy the day to day as well as the emergency needs. One can take a loan starting from Rs.9,000 up to Rs.3 lakh for a period of 62 days to 1 year.
Features of Cash Loan App:
1. The entire process of application is online you don’t have to visit any branch or bank
2. The personal loans offered via the app are quick and convenient.
3. You can check your loan amount eligibility on the app itself.
4. The reasons for taking a loan can be flexible and are completely up to you.
5. The application process is simple and hassle-free. The instructions are easy to follow and the cash loan app like CASHe are user-friendly.
6. The approved loan amount is disbursed in your personal savings account
7. Almost everyone can apply for a loan on cash loan app.
8. You can repay the loan amount via bank transfer.
9. You can submit all the required documents by uploading them on the app via your smartphone
10. The cash loan app sends you alert before the due date of your loan repayment.
Benefits of Cash Loan App:
1. You can be anywhere in the world, doing your work and can apply for a personal loan.
2. The loan application via cash loan app is completely private. You don’t have to involve anybody.
3. There is no time barrier for the application process. You can apply for a loan at any given hour since the app is available 24/7.
4. The procedure takes just 15 to 20 minutes.
5. There are multiple cash loan app available on Google play store and Apple app store. You can compare the terms and conditions and chose the one that suits your needs.
6. Whether you are self-employed or a salaried employee you are eligible to apply for a personal loan
7. The interest rates are quite low as these are short-term quick loans
8 T.he documents required for the loan are basic and are easily available with us
9. A personal loan can get approved on the same day of application
10. These online lenders carry out a secured process which means your documents and data is safe with them.
11. You don’t have to showcase any assets to get a personal loan as these are unsecured loans.
12. These apps will not recollect the money if your bank account doesn’t have sufficient funds. These online lenders are provided with read-only access to your bank statements.