Fastcent Loan App Download, How to Apply

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FastCent emerges as a solution for individuals seeking immediate financial assistance in Nigeria.

Discover the ins and outs of this quick loan provider, exploring interest rates, eligibility criteria, application processes, app download instructions, contacting customer care, and verifying the legitimacy of FastCent.

FastCent Interest Rate

It is good to know the interest rates on FastCent loans before taking them. Let’s take a look at their interest rates:

  • Loan Term: Ranges from 91 days to 365 days.
  • Loan Amount: Available from ₦3,000 to ₦500,000.
  • Maximum APR: 36% with an equivalent maximum monthly interest of 3%.

For instance, for a 91-day loan with an origination fee of 9%:

  • Interest Fee: Calculated as 9% of the principal amount (e.g., ₦3,000 * 9% = ₦270).
  • Monthly Interest: Calculated as 3% of the principal amount (e.g., ₦3,000 * 3% = ₦90).
  • Total Amount Due in 91 Days: ₦3,000 + ₦270 = ₦3,270.

Readers must verify the current interest rates, as they can vary over time.

FastCent Requirements

To qualify for a loan from FastCent, certain criteria must be met:

  • Nigerian nationality
  • Age between 20 and 55 years old
  • Bank account number
  • Bvn

How to Apply for FastCent Loan

Accessing a loan through FastCent involves a straightforward process:

  1. Confirm your eligibility based on nationality and age.
  2. Submit your loan application through the FastCent platform.
  3. Wait for approval
  4. Withdraw your money and use

FastCent App Download

Downloading the FastCent app securely from the official platform is essential:

  1. Visit the Google Play Store.
  2. Search for “FastCent-Quick Loan in Nigeria.”
  3. Choose the official app developed by FastCent.
  4. Download and install the app.

Avoid downloading loan apps from unofficial sources to ensure safety and security.

How to Contact FastCent Customer Care

For inquiries or assistance, individuals can contact FastCent’s customer support:

  • Email: services@fastcent.net
  • Company Address: 34, Borno Way, Alagomeji, Yaba

Is FastCent Legit?

While FastCent offers quick financial solutions, it’s imperative to exercise caution. Company policies and practices can change, and individuals should engage with FastCent prudently, understanding terms and conditions before proceeding with a loan.

In conclusion, FastCent emerges as a viable option for quick loans in Nigeria. However, understanding interest rates, meeting eligibility criteria, and ensuring secure engagement are crucial. Contact customer care for any inquiries or clarifications before committing to this financial solution.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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