🇺🇬 SenteHub Loan App - How To Apply, Repay, Interest rate, Contacts.
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Provided by OdFasa Team of developers via the playstore, SenteHub loan app has garnered 50K+ downloads, 3.6/5 star rating with 150 reviews since its release date on November 2022.
Pros: App takes little storage space considerably with a download size of around 30MB
Cons: App requires access to some of your personal phone data such as contacts and SMS messages which trigger privacy concerns
SenteHub Loan Requirements/Eligibility Criteria
Eligible users of the app must be a resident of Uganda between 21-60 years old with a stable income.
SenteHub Loan Registration & Application
To begin using the SenteHub app, simply download and install it from the playstore.
Allow the app to access some of your phone information, complete the registration process and once registration is complete, proceed to apply for the loan.
Pros: Easy registration and application process
SenteHub Loan Amount Limits
SenteHub offers loan amounts ranging from between UGX60,000 – UGX1,000,000
Pros: Quick verification, approval and disbursement processes.
Cons 1: Received loan amount is less than the approved loan amount due to service fee charges being deducted prior to disbursement.
SenteHub Loan Interest Rate
SenteHub loans attract very high interest rates of upto 30%
Cons: This interest is considered higher compared to other digital lenders.
SenteHub Loan Repayment Duration
Loans provided by Sentehub have a very short repayment duration of 8 days
Cons 1: This repayment duration is considered very high compared to other digital lenders.
Cons 2: Despite the actual respective loan due dates, debt recovery through constant calls & SMS is usually actualized before the due date.
Cons 3: Rude and arrogant collection agents
Cons 4: Overdue loans may result in your phonebook contacts receiving calls/SMS regarding your loan default
SenteHub Loan Contact
Plot 1 Colville Street, 5 Portal Ave, Kampala, Uganda