Cash Owomi Loan is a convenient personal loan platform for Nigerian mobile users, offering instant loans with flexible repayment plans and favorable interest rates.
In this comprehensive blog post, we will discuss the benefits of choosing Cash Owomi, their loan products, the application process, and eligibility requirements.
Loan Details
| Company | Cash Owomi Loan |
|---|---|
| Interest Rate | 0.1% to 1% daily, 36.5% to 300% APR |
| Loan Amount | ₦3,000 to ₦200,000 |
| Loan Period | 91 to 365 days |
| Contact Email | cashowomi999@gmail.com |
| Contact Hotline | +234 9153849757 |
| Address | Room 113, Japaul House, Opebi Road No. 20, Central Business District, Ikeja, Lagos, Nigeria |
Why Choose Cash Owomi?
Cash Owomi offers several advantages to Nigerian mobile users in need of a personal loan:
- Loan applications are based on credit, eliminating the need for deposits or guarantees.
- Loan amounts up to ₦500,000 can be disbursed directly to your bank account.
- The entire application process is paperless and digital, making it easy and convenient to complete on your mobile device.
- Cash Owomi does not share your data with third parties without your consent, ensuring your personal information remains secure.
- The platform sends reminders to help you avoid missing repayments.
Loan Offer
Cash Owomi loans feature the following terms:
- Loan amounts range from ₦3,000 to ₦200,000
- Loan terms vary between 91 and 365 days
- Interest rates range from 0.1% to 1% daily, with an Annual Percentage Rate (APR) between 36.5% and 300%
- Origination fees range from ₦1,174 to ₦6,000 as a one-time charge
Example
For a 91-day loan with a principal amount of ₦3,000, an origination fee of 39%, and an interest rate of 2.7%:
- Origination fee: ₦1,174
- Interest: ₦81
- Total amount due: ₦4,255
Application Process
Applying for a Cash Owomi Loan involves the following steps:
- Install the Cash Owomi app from the Play Store.
- Register an account.
- Select the loan product you wish to apply for.
- Fill out your basic information and submit the application.
- You may receive a call for verification. The final application result will be displayed in the app, and you will be informed via SMS if approved.
- E-sign the loan agreement after approval.
- The approved loan amount will be disbursed into your account shortly, with an SMS notification sent to confirm the transaction.
Eligibility
To be eligible for a Cash Owomi Loan, applicants must:
- Be a Nigerian resident
- Be between 20 and 55 years old
- Have a source of monthly income
Contact Information
For any questions or concerns, please contact Cash Owomi:
- Customer Service Email: cashowomi999@gmail.com
- Customer Service Hotline: +234 9153849757
Conclusion
Cash Owomi Loan is a reliable and convenient personal loan platform for Nigerian mobile users. With flexible repayment plans, favorable interest rates, and a user-friendly application process, it is an ideal choice for those in need of quick access to funds.
By meeting the eligibility requirements and following the simple application steps, borrowers can obtain the financial support they need to overcome financial challenges or fulfill their goals.
If you have any questions or need assistance, don’t hesitate to reach out to Cash Owomi’s customer service team.
