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Asapkash: How To Activate and Access it

By Oluchukwu Ikemefuna

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Asapkash is a mobile application where you can get loans without having to bother about going to a physical office. The goal of this mobile app is to let people get quick funds that they can use to resolve immediate financial problems they might be facing.

This app is quite accessible and very easy to use. You can just go to the app store on your mobile device, and make a quick download. And there are no restrictions, as it can be used on Android or iOS. 

Over the years, the app has proven to be of great help to Kenyans who need loans. The process is very easy and convenient. As long as you have a mobile phone and a stable network, it can be done from the comfort of your room. 

 Anyone can download the app on their mobile device. But to qualify for a loan, there are certain criteria that you need to meet. 

In this article, we will discuss how Asapkash offers loans to people in Kenya and the certain requirements needed to qualify for one. 

Why Should You Choose Asapkash?

Asapkash offers you one of the easiest ways to get a loan. Just by providing the necessary details and meeting the requirements, you can get a loan the day of download. 

The easiest way to access this app is by installing it from your app store. The app saves you the stress of walking down to a financial institution. You can do anything you want on your phone and not interact with anyone physically. 

After you download the app, you can open it and start using it. It’s a well-designed app with easy usability. Also, the registration process is very quick and you can complete it in minutes,

If you have any issues navigating the app, you can reach out to the customer care line. 

Also, Asapkash is a very safe and secure app. Any information that you provide while trying to get a loan is kept safe. The app uses cutting-edge technology that will prevent any case of scam. 

You can apply for a loan any time of the day on this app because it runs 24/7. You can also make repayments on the app. If you want to make repayments physically, there is also an option for that. 

How Asapkash Offer Loans: Credit Score System

Before giving out loans to anyone, Asapkash always checks the credit score of the customer to know the state of their financial health. A credit score is a statistic that shows the creditworthiness of a customer. The scores are obtained from credit bureaus.

This credit score shows how strong a person is financially and if it’s safe to give them a loan. People with great credit scores are more likely to get loans without any issues. 

Different factors can affect your credit score, like repayment history of previous loans, credit use, and length of credit history. All of these factors point to having good financial health.

Once you have a good score, then you are set for a loan transfer. Asapkash trusts the scores provided by the credit bureau and expects that there should be no problem on the player’s side. 

 Criteria You Need To Get An Asapkash Loan 

Now, before you can request a loan, there are certain conditions that you have to meet. If you do not meet any of the requirements, you will not be considered for the loan. 

The following criteria raise your odds of securing a loan at the Asapkash mobile app:

You must be 20 years old or older

Loans will only be given to customers who are above the age of 20. People below this age are considered unqualified. Documents that contain your age, like birth certificate, will be requested from you for the sake of verification. 

You must have a source of income

Only those with a stable source of income will be granted loans. Because without a source of income, what are the guarantees that the lender will get a repayment? 

You don’t need to have a luxurious job or a professional certificate to request a loan. As long as you have a job that pays you, any job whatsoever, you are good to go. 

Who Can Use The App? 

Source: GooglePlay

You might think that this app only offers loans to business owners who are trying to improve their business. Well, anybody can be a beneficiary of this loan. As long as you meet up with the criteria, then you can make your request. 

The kind of job you do does not matter. Even students with a good side job can ask for a loan. What you use the loan for is your business. You can even request a loan to carry out birthday parties. What matters the most is if you have a stable income that can make the repayments. 

What Are Asapkash Loan Interest Rates?

A big headache that bothers customers seeking a loan is the interest rates that follow a loan. People always want to know the interest rate even before applying for a loan. Asapkash, however, charges a low interest rate that is within the reach of their customers. 

The interest rate for the loans offered at Asapkash ranges from 0% to 13.82% per year. Also, the credit score can further help to reduce the interest rate. People who have very high credit scores will get lower interest rates and vice versa.

 So note that the interest rate is variable and there is no constant value. But be rest assured that it is within your reach and you will be able to pay it back. Also, Asapkash allows you to make repayments most comfortably. So relax, there is no pressure at all. 

Conclusion

Asapkash is an excellent loan service app that lends money to people who need to sort out urgent issues. The interest rates are fair and are sometimes given according to your credit score. Installing the app is easy and once you tick all the requirement boxes, your request will be approved. 

FAQs

What is the range of loans offered at Asapkash? 

100 KSH to 100,000 KSH

How do I pay my ASAP cash loan?

To pay your ASAP cash loan, simply use online banking or make a direct bank transfer using the provided bank account details and loan-specific transfer reference found on the ‘Repay Now’ tab.

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Peremoboere Numa
Peremoboere Numa

Pere is a versatile SEO writer with a Master's degree in English, who is dedicated to creating engaging and impactful content.

She excels in weaving content that not only informs, enlightens and impacts but but also optimize its online presence to rank on major web sites.

Pere brings a unique blend of linguistic proficiency and SEO knowledge, ensuring that each piece she crafts leave a lasting impact.

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