Cashhela Loan App [2021]- How To Apply, Repay, Interest rate, Contacts

The Cashhela loan app is provided by CashHela.The CashHela loan app can be downloaded from the Playstore and is accessible to all Kenyans with over 10K+ downloads as well as a 4.1/5 star rating with 60+ reviews.

Cashhela Loan App Download And Registration

Download, install and launch the Cashhela loan app from the Playstore or Cashhela website

Click on the ‘Apply Now’ tab, read and agree to the terms of service.

Proceed to allow the app access to your phone’s contacts, location, phone, storage and sms messages.

On the next screen, enter your phone number and input the verification code sent to you via SMS.

Create and confirm your 6-digit password.

Once again, click on ‘Apply Now’ to suit your profile info such as your first, middle and last names, ID number, gender, date of birth as well as provide the names and numbers of two referees quoting their relationship to you.

How To Apply For Cashhela Loan

Once you have done the above and submitted, await the review process whereby you will receive an SMS confirmation stating your loan approval.

Use the slider to choose your preferred loan amount from the loan limit provided.

Once done, confirm your application by reviewing the application details such as the due dates for each of the 2 installments.

Cashhela Loan Amount, Interest Rate And Repayment Duration

Cashhela offers an entry minimum loan amount of Ksh 1,500 repayable after 14 days from the date of disbursement.

Although the lender offers a 2-installment payment option, 95% percent of the disbursed amount is expected to be repaid within the 14 days at an interest rate of 31%

This translates to, if you borrow Ksh1,500, you will receive Ksh1,035 in your Mpesa wallet account and will be expected to pay back Ksh1,500.

How To Repay Cashhela Loan

Payment for due Cashhela loans can be done via the app or by sending the amount due to the paybill number 4068959 and quoting your phone number as the account number.

How To Contact Cashhela Loan Customer Support

Phone: 0719 573 031

Email: help@cashhela.com



Categories: Loan Apps

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