YooCash Loan Review: Is YooCash Loan Real or Fake
About YooCash Loan
YooCash Loan is one of Ghana’s new credit apps that allows people to borrow and repay money anywhere, anytime with a mobile wallet.
YooCash Loan Requirements
- You need a valid ID to qualify for a YooCash Loan. ID Type should be, Driver’s License, NHIA Membership, Voter ID, National ID, or Passport
- You must be a resident of Ghana over 18 years of age
- Mobile Money account: MTN Mobile Money or AirtelTigo Money registered in your name for at least two months.
How To Apply For YooCash Loan
- Download The YooCash Loan App: Download the free app from the Google Play store
- Sign Up: Set up your YooCash Loan account by filling in your personal in the app
- Select Product: Select your loan terms and conditions
- Get Approved: Approval is in real-time. Once approved the funds will be disbursed to your Mobile Money account
YooCash Loan Review
Email Address: yoocashservice@outlook.com
Address: C59C+7JM, Kalpohin Estate 1st Rd, Tamale, Ghana
Phone Call/WhatsApp: +233 811000010
Loan amount: GHC 150,000 – GHC 250,000
Be very cautious if someone tells you they can get your funds back from a scam. Sadly, funds recovery is often another type of fraud. Here are some legitimate platforms:
Loan term: shortest is 91 days, longest is 365 days
Daily interest rate: 0.0057%
A maximum annual interest rate APR: of 20.55%
Is YooCash Loan Real Or Fake?
Status: YooCash Loan might be a scam. Use the app at your own risk!
YooCash Loan App Download
Download the YooCash Loan app from Google PlayStore
How To Check For Online Loan App Scam
It can be challenging to determine whether an online loan app is real or fake. However, here are some steps you can take to verify the legitimacy of an online loan app:
- Check for the company’s physical address: A legitimate loan app will have a physical address listed on its website or app. Check the address on Google Maps to ensure it’s an actual location and not just a random address.
- Look for licenses and registrations: A legitimate loan app will be registered with state or federal regulators. Check the app’s website or the regulator’s website to confirm if they are registered.
- Read online reviews: Check for reviews of the app on third-party websites and social media platforms. Reviews can provide insight into the experiences of other users with the app.
- Check the terms and conditions: Read the terms and conditions carefully to ensure that there are no hidden fees or charges.
- Contact customer support: If you have any doubts about the legitimacy of the app, contact their customer support team. A legitimate loan app will have a responsive customer support team that can answer your questions.
- Verify the app’s security: Ensure that the app uses secure encryption methods and has proper security protocols in place to protect your personal and financial information.
By taking these steps, you can reduce the risk of falling victim to a fake online loan app.