ZoomCash 1.0.7

ZoomCash operates as a loan application in Nigeria, specifically tailored to provide short-term financial assistance. Targeting low-income earners and blue-collar workers, it positions itself as a reliable option for those facing urgent financial needs.

Features:

• Loan Amount: up to ₦500,000
• Loan Tenure: 91 days to 360 days
• Annual Percentage Rate (APR): up to 12%
• Service Fee: 5%

Example Calculation:

For a loan amount of ₦500,000 over a tenure of 240 days, with an APR of 12% and a service fee of 5%, the following breakdown applies:

• Daily interest rate = 12% / 365 = 0.033%
• Interest for 240 days = ₦500,000 * 0.033% * 240 = ₦39,600
• Service fee = ₦500,000 * 5% = ₦25,000

This results in a total repayment of ₦564,600 (₦500,000 + ₦39,600 + ₦25,000).

Eligibility Requirements:

• Must be a Nigerian citizen.
• Must be 18 years or older.
• Must have a regular source of income.

Security Measures:

ZoomCash emphasizes the protection of user data through advanced encryption and secure protocols. Personal and financial information is strictly utilized for verification purposes and is not shared without prior consent.

Contact Information:

• Email: [email protected]
• Address: 86A, Oduduwa Crescent, Lagos, Nigeria