QuickLoan:Reliable online loan

QuickLoan is an online service that provides unsecured loans to individuals in need, upon correct submission of personal details. This platform enables users to access loans conveniently through their smartphones, offering a faster, easier, and more secure lending experience.

It is essential to note that this service is exclusively accessible to Ugandan citizens aged 18 and above. The loan application process involves installing the QuickLoan app, registering with a phone number, verifying identity within the app, and receiving the approved amount in your e-wallet. Repayment can be made using the Airtel or MTN phone number used during the sign-up process, along with the initially applied loan amount.

Requirements for loan applicants include being between 18 and 60 years old and holding Ugandan citizenship. The loan offerings consist of amounts ranging from UGX30,000 to UGX500,000, with terms spanning from 91 to 365 days. Notably, the platform boasts a 0% interest rate and an Annual Percentage Rate (APR) ranging from a minimum of 15% to a maximum of 34%, ensuring transparency in financial transactions.

For instance, with a loan amount of UGX200,000 over a 180-day term and an APR of 20%, the total service fee is calculated as UGX200,000 * 20% / 2 = UGX20,000. Thus, the total repayment amount would equate to UGX220,000.

Repayment options include settling the UGX220,000 after 180 days or opting for monthly repayments of UGX220,000 / 6 = UGX36,666.67. The clear breakdown of the loan principal, fees, total amount payable, and applicable APR ensures borrowers have a comprehensive understanding of their financial obligations.

QuickLoan prioritizes user privacy and data security by requesting permission to verify users' identity through scanning financial SMS and other necessary information. Rest assured that all personal data is held in strict confidence and will not be shared without explicit consent.

Contact Information:

• Email: [email protected]