Cashpal: link your credit loan 1.0.3

Cashpal Review:

Cashpal offers a convenient solution for individuals seeking instant credit loans, available at any time and from anywhere. The platform is designed with flexibility in mind, allowing borrowers to pay only for what they utilize and to manage their finances with relative ease.

Loan Details:

• Loan Limit: From TSH 10,000 to TSH 600,000
• Minimum Loan Term: 91 days
• Maximum Loan Term: 180 days
• Interest Rate: Ranges from 0.03% to 0.08% daily, depending on credit
• Service Fee Rate: 3% of the principal
• Maximum Annualized Interest Rate: 36% (APR)

Loan Calculation Example:

Loan amount: TSH 50,000
Loan Term: 180 Days
- Interest and fee calculation: TSH 50,000 * 0.05% * 180 + TSH 50,000 * 3% = TSH 6,000
- Total repayment amount: TSH 50,000 + TSH 6,000 = TSH 56,000
- Annual percentage rate (APR) is 24.33%

Reasons to Consider Cashpal:

• Easy Application: The application process is streamlined for quick approvals.
• Transparent Terms: Terms and conditions are clearly presented, ensuring no hidden surprises.
• Credit Building: Access loans without hard credit checks, aiding in credit development.
• Easy Repayment: Flexible repayment options accommodate varying financial situations.
• Flexible Loan Amounts: Timely repayments can enhance your loan limit and options.

Privacy Commitment:

Your privacy is a top priority. Cashpal respects your personal information and does not share it without your explicit consent, nor does it sell data to third parties.

Contact Us:

The team at Cashpal is dedicated to improving their services to better meet customer needs. For inquiries or feedback, please reach out via email at [email protected].