Convenient Loan Services on the Fastcent Loan App
Fastcent provides customers with the best online loan service. Below are the loan limits, interest rates, and registration periods for loans:
Loan Limits
Fastcent allows customers to borrow money with limits ranging from ₦25,000 to ₦250,000.
First-time loan participants on the app are only allowed to borrow up to ₦25,000. To be eligible for the maximum loan limit, you must provide complete and accurate personal information.
Loan Terms
With current loan terms ranging from 90 days to 365 days
Fastcent offers customers a very long loan period, which helps them have ample time to arrange and repay the loan on time. If customers are unable to repay the loan by the due date, they can apply for an extension.
Interest Rates
The current interest rate on the app ranges from 10% to 20% per year.
The interest rate on the app is not fixed, so you need to pay attention when borrowing money. The app currently prioritizes first-time borrowers with a 100% interest-free loan.
Conditions for Participating in the Fastcent
Customers who borrow money on online loan apps must provide information and meet the requirements set by the app to successfully participate in borrowing money. The same applies to Fastcent:
Customers must be citizens of the Philippines
Borrowers must be at least 20 years old
Have a job and a stable source of income
Commit to repaying the loan on time and not defaulting
Customers must provide complete personal information
Have a phone number to register for the loan
Must have a bank account to receive money from the app
Can repay the loan in monthly installments.
Steps to Borrow Money on the Fastcent Loan
Customers should follow these steps to successfully borrow money quickly:
Step 1: First, download the Fastcent app
Step 2: Open the app to register your loan profile
Step 3: Fill in all your personal information and your national ID accurately
Step 4: Choose the appropriate loan amount and loan term
Step 5: Submit your loan information to the system and wait for approval
Step 6: Receive the disbursed funds and confirm your successful loan participation on the app.
Note: Customers borrowing money on the app need to provide accurate information. This ensures the loan is approved quickly. Understand the loan information on the app clearly, borrow within appropriate limits, and repay promptly to avoid defaulting.
Contact Information for the Fastcent App
You can contact the loan application through the following information:
- Company Name: Fastcent
- Address: 34, Borno Way, Alagomeji, Yaba
- Hotline: +2348026898698
- Email: [email protected]
- Website: fastcent.com
The Fastcent app has several strengths, such as a simple process, flexible loan terms, and a commitment to personal information security. This helps users access the service conveniently and safely. Notably, the professional support team and enhanced safety measures increase reliability. However, it’s important to note some limitations, such as the restriction on loan amounts and the ability to handle a high volume of loan applications simultaneously. For those with significant financial needs, the loan amount limitation may be a considerable drawback.
