MB-Kash - Best Fast Credit Loans Review
MB-Kash - Best Fast Credit Loans is a finance application available for
Android
users. This app is designed to offer instant loans directly to your account or M-PESA account in Kenya, Nigeria, South Africa, Mexico, and the Philippines. The app provides a simple swift registration and application process with a one-on-one chat option with customer care. MB-Kash also offers cash loans on visit to their branch offices. The loan tenure ranges from 61 days to 365 days with an interest rate of 12.5% per annum.
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In Kenya, the loan amount ranges from Kes.1,500 to Kes. 100,000 with a processing fee of 5% of the principal amount, which is a minimum of
Kes 60
and a maximum of
Kes 600
. For instance, a 61-day loan with a principal amount of
Kes 3000
would have a processing fee of
Kes 150
, interest of Kes 61.64, and a total amount due of Keswith a monthly payment of KesThe app offers similar terms in Nigeria, South Africa, Mexico, and the Philippines. Timely repayment increases your credit limit and allows you to apply for higher loans in the future.