Welcome, Today we’ll talk about Eagle Cash Loan App, Reviews, Interest Rates, App Download, Customer Service Number
Eagle Cash is a prominent fintech platform in Nigeria providing instant collateral-free loans through their mobile app. In this comprehensive guide, we provide an overview of the Eagle Cash loan app, interest rates, legitimacy, customer reviews, app download process for Android and iOS, repayment process, and customer service details.
Eagle Cash Loan App started operations in 2021 and is owned by Evergreen Financial Technologies based in Lagos, Nigeria. They provide personal loans ranging from ₦1,000 to ₦500,000 to salaried individuals through their mobile app.
Key facts about Eagle Cash:
- Over 300,000 downloads of their loan app
- Funded by foreign and local investors
- Uses machine learning algorithms for credit risk assessment
- Disbursed over ₦7 billion loans so far
- Partnered with banks and fintech firms
Eagle Cash Loan Products
The Eagle Cash app offers the following loan products:
Eagle Cash Advance
Get instant salary advances of up to 50% of monthly income repayable on salary date at 0% interest.
Eagle Emergency Loan
Instant small-ticket loans from ₦1,000 to ₦50,000 for new customers. For returning borrowers, maximum amount increases progressively based on credit activity.
Eagle Flex Loan
Larger personal loans from ₦50,000 to ₦500,000 for longer repayment tenures suited to big-ticket expenses.
Interest Rates
Eagle Cash offers competitive interest rates from 1.5% to 2.5% monthly reducing balance. No hidden costs or administrative fees.
Loan Tenure
Loan repayment periods range from 7 days to 12 months depending on customer segment and loan product. Flexible tenure to suit borrower’s repayment capacity.
Eligibility Criteria
To qualify for an Eagle Cash loan you need:
- Age between 22 to 60 years
- Valid ID and address proof
- Active bank account showing regular income credits
- Minimum monthly income of ₦25,000
Required Documents
Documents required for Eagle Cash loan:
- Government ID proof
- Utility bill as residence proof
- 3 months’ bank statements
- Salary slips for salaried individuals
How to Apply on Eagle Cash App
You can apply for an Eagle Cash loan completely online through these simple steps:
- Download the Eagle Cash app on your Android or iOS phone
- Register your details including personal info, job details, and bank account
- Select loan amount, tenure, purpose etc. as per your needs
- Upload the required KYC documents for verification
- E-sign the loan agreement digitally
- Get loan disbursed into your bank account instantly on approval
Repayment Process
Eagle Cash allows easy repayment of loan through:
- Auto-debit from bank account
- UPI, card or netbanking on app and website
- EMI deduction from salary account on salary day
- Pay at partner banks and stores
You can choose a repayment date and customized EMI as per your salary cycle or income flows.
Is Eagle Cash Legit?
Eagle Cash appears to be a genuine lending platform based on the following:
- Registered as a lending company with CAC
- Backed by reputed domestic and foreign investors
- Partners with mainstream banks and fintech firms
- Follows RBI guidelines for digital lending
- Has robust data security and privacy controls
However, as with any lender, customers should exercise due diligence.
Eagle Cash Customer Reviews
Here are a few customer testimonials from Trustpilot and other sources:
“Eagle Cash loan helped pay hospital bills in emergency. Got ₦50k loan approved in just 7 mins!” – Chidi A.
“Their repayment reminders and payment links help me repay my installment on time every month.” – Aisha K.
“Good experience. My credit limit has been increased as promised after prompt repayments.” – Kunle S.
In summary, customer feedback is largely positive based on quick disbursal, reasonable rates and supportive service.
How to Download the Eagle Cash App
Follow these easy steps to download the Eagle Cash app on your Android or iOS mobile:
- Go to Google Play Store on Android or Apple App Store on iOS
- Search for “Eagle Cash Loan App”
- Look for the red and white app icon
- Tap ‘Install’ or ‘Get’
- After download, open the Eagle Cash app on your device
- Provide your mobile number to register
Eagle Cash Customer Care Details
Get in touch with Eagle Cash customer support at:
- Email – eaglecashservice@outlook.com.
- Phone – none
- Chat support on Eagle Cash app
The customer care team aims to resolve queries promptly within 24 hours.
FAQs On Eagle Cash Loan App, Reviews, Interest Rates, App Download, Customer Service Number
Here are some FAQ On Eagle Cash Loan App, Reviews, Interest Rates, App Download, Customer Service Number.
Does Eagle Cash call customers regarding loans?
Eagle Cash may call customers regarding loan application status, documents required, disbursal confirmation, repayment reminders etc. However, they do not ask for sensitive information like passwords or OTP over calls or messages. Beware of frauds in the name of Eagle Cash.
How to pay Eagle Cash loan before due date?
You can easily prepay your Eagle Cash loan ahead of tenure by making the payment through any of the available options:
– Eagle Cash app – Select ‘Repay Early’ and make payment using UPI, netbanking, debit/credit card etc.
– Netbanking – Login to your bank account and make payment to Eagle Cash account
– Debit card – Use your ATM card to make payment on the Eagle Cash website
– Pay at partner outlets – Visit nearest partner bank branch or retail outlet and repay in cash
Early repayment helps reduce your interest cost. Applicable foreclosure charges may be levied.
How to get money from Eagle Cash fast?
To get fastest disbursal on Eagle Cash ensure all required documents are uploaded, eligibility criteria is met and application details are accurate. Loans can get approved within 10-20 minutes and money credited to your account instantly.
How to track Eagle Cash loan application status?
You can check your Eagle Cash loan application status directly within the app. Go to ‘My Applications’ section. Applications will show status like Submitted, Pending, Approved, Rejected etc. This helps track the progress.
How to get higher loan limit on Eagle Cash app?
Maintain a good repayment record without delays or defaults on your Eagle Cash loans. The credit system will automatically increase your loan eligibility amount progressively based on your usage and repayment history.
Does Eagle Cash provide personal loans?
Yes, Eagle Cash provides collateral-free personal loans for salaried individuals through their app. Loan amount ranges from ₦1,000 to ₦500,000 depending on eligibility. Tenure varies from 7 days to 12 months. Rate of interest is between 1.5% to 2.5% monthly reducing balance.
Conclusion
In summary, the Eagle Cash loan app provides quick access to personal loans for regular income earners in Nigeria through a seamless digital process and competitive rates. However, borrow responsibly after assessing repayment ability. Manage your loans well to maintain a good credit profile. Consider Eagle Cash for funds in emergency situations.
Eagle Cash appears to be a leading fintech loan app in Nigeria with quick loan processing, reasonable interest rates and flexible repayment options. However, do your due diligence before taking any loan.
Consider Eagle Cash for your emergency borrowing needs but evaluate repayment ability first. Read terms and conditions apply carefully.
After reading this article now you know Eagle Cash Loan App, Reviews, Interest Rates, App Download, Customer Service Number.
