SnapCash - Loans in a snap

Enjoy quick loans of up to N100,000 without collateral and tedious paperwork. You also get paid when you refer someone as well as buy airtime without stress on the SnapCash mobile app!

Features and Benefits

Enjoy Quick Loans
With SnapCash, you get fast loans of up to N100,000 at affordable interest rates.

Start banking
Sign up to SnapCash and get an instant savings account with Sterling Bank, allowing you to have the best of banking with bill payment, airtime purchase and tons of extra financial services.

Be rewarded for loyalty
The more you use SnapCash, the better the opportunities and goodies available for you. The more you back back your loan, the higher your eligible amounts and the cheaper the interest rate.


RATES AND REQUIREMENTS

Our loans are accessible to users who are 21 years of age or above. We may also require that you submit your bank statement and a valid identification document during the loan application process. Depending on the loan amount you are eligible for, you can repay the loan from a 61 day to a 90 day period.

Our minimum interest rate, which is determined by our credit scoring algorithm, is 3% per month and a maximum of 10% per month. This comes to an Annual Percentage Rate (APR) of 36% to 120%.

FOR EXAMPLE;
If you get a personal loan product of N10,000 to pay back over a 2-months tenor at an interest rate and fees of 3% per month (36% APR), you will be paying back N600 in interest. Making your total Principal + Interest repayment of N10,600 only.

With SnapCash, we aim to provide credit to Nigerians like never before. Minimum effort, maximum satisfaction right at your fingertips.

Need support? Chat in-app, call +234 17004271 or email hello@snapcash.ng any time. There’s no need for branches and no need to make an appointment.

ADDITIONAL INFORMATION
SnapCash is a consumer product from Sterling Bank Plc. and is licensed by the Central Bank of Nigeria.