Chacha Loan App Review | Is Chacha Legit or Scam?
A short story “Joseph was out of cash and facing bankruptcy. She knew that she could ask her parents for money but they had their own financial woes and it was impossible to ask them for anything. This is where ChaCha Loan App came in. A new, online, peer-to-peer lending app that helps people like Joseph get out of a financial pickle. So, with a quick tap of her smartphone, she was able to access ₦100,000 for one-time use”.
So do you want to lend money like Joseph using this app? If so, kindly read this chacha loan App review.
In today’s article, we’ll give answers to all questions about chacha app, which includes: Chacha Loan App review, how does Chacha Loan App work, how to earn money on Chacha Loan App, Chacha Loan App Login, Chacha Loan App sign up, Chacha Loan App Referral, Chacha Loan App contact, is Chacha Loan App legit or scam, and more.
By the end of this article our team, Tunnelgist.com is sure you must have arrived at a solid decision on if Chacha App legit, safe or scam, or maybe fake, as we assure every piece of information provided is authentic.
Without wasting more time, let’s get started with Chacha App review.
Table of Contents
Chacha Loan App Review
In this Chacha Loan App review, we’ll touch on various aspects of Chacha Loan App, which would help you know if this new make-money website can be trusted or fraudulent.
Also please note: This Chacha App review doesn’t verify it all, so in the nearest future things might change and if anything goes wrong we won’t be held responsible for any reason.
About Chacha Loan App
According to ChaCha “is an integrated one-stop financial & social life service platform. We provide users with safer, more efficient and more convenient social links, life and financial services. On ChaCha, you can chat with your friends without any scruples, transfer money, recharge and pay bills anytime and anywhere without queuing. We also provide multiple loan options which save you the troubles caused by financial difficulties”.
- Chacha Website URL availability to Google: Yes Chacha Loan App is on Google, which makes it easier for new visitors to discover on search engines.
- Chacha Website Security: Yes Chacha Loan App is a secured website. They use an extended SSL certificate to secure their website from spammers, in order to keep visitors’ data safe.
- Chacha Loan App Performance & Design: The Chacha App design is good, performance is great as well.
- Chacha Loan App Contact Us and About Us Pages: Yes, Chacha Loan App has Contact Us and About Us pages.
- Chacha Loan App Social Media Accounts: These are Chacha Loan App social media accounts: Chacha Loan App Facebook: None, Chacha Loan App Twitter: None, Chacha Loan App Instagram: None.
Which Country is Eligible to Borrow/Loan Money from Chacha App
Only if you live in Nigeria gives you the access to loan from the Chacha App. Other countries, is not supported for now.
Who is the Owner of Chacha Loan App
The owner of chacha app is yet to be known at this point in time!
How to Download Chacha Loan App
For starters, if you have installed Google Play store on your phone, simply search Chacha App on Play store, then install.
How does Chacha Loan App Work | How to Borrow Money from Chacha Loan App
Using the new chacha Loan App you can loan UpTo ₦8,000 – ₦100,000, but there are some important things you need to know before loaning from this App.
1. You need to be above 20 years old or above
2.With regular source of income.
How to apply for loan on ChaCha App
1.Download ChaCha App from google play store and install.
2.Register an account with your phone number.
3.Fill in your personal info.
4.Submit loan application, the final result will be shown in the APP.
5.Confirm the loan and submit bank info after it approved, and the loan amount will be disbursed into your wallet.
Chacha Loan App Sign Up | How to create an account on Chacha Loan App
Follow the steps above to learn how to create an account on Chacha Loan App.
Chacha Loan Interest Rate
Loan interest: from 8% to 25% per annum.
For example, if you apply for a loan of ₦10,000, the term is 91 days and the annual interest rate is 10%. So the daily interest rate=10%/365=0.027%, the interest for 91 days =10,000×10%/365×91= 250, the total repayment amount=10,000+250= 10,250.
Which means that you will get ₦10,000 and should repay ₦10,250 in 91th day, If the loan is processed.
Chacha Loan App Referral | How to Refer and earn on Chacha Loan App
Unfortunately, Chacha doesn’t offer affiliate program at this point of time.
Chacha App Customer Service
- Customer Service Email: email@example.com
- Address: 1 Abiodun Sobajo St, Agidingbi , ikeja, lagos.
Is Chacha App Legit?
Chacha loan app seems to be legitimate at this point in time. Reason is that the chacha app has a great rating (4.7) on play store, and as you’ll know, ratings on Play store is the easiest way to know if an app is trusted or not.
So, chacha loan app is a wonderful loan app to help you with your financial needs.
Is Chacha App Scam?
Definitely a NO! Chacha loan App is legit and not scam. So feel free to use this App.
Thanks so much for reading this article till the end, that’s all for the Chacha Loan App review, if there is more you want to add to this review, feel free to comment down below.