Jara cash

JARA CASH is committed to providing flexible and convenient cash loan solutions tailored specifically for the financial needs of Nigerians. With our easy application process, transparent fees, and secure data handling, we ensure that your borrowing experience is hassle-free and straightforward.

Key Features of Our Loan Offerings

Loan Amount Range: Borrow from as little as ₦2,000 to as much as ₦1,200,000, depending on your financial needs and eligibility.

Flexible Repayment Period: We offer repayment terms ranging from 91 days to 360 days, allowing you to select a timeframe that works best for your financial situation.

Transparent Origination Fees: Our fees are clearly outlined with no hidden charges. The origination fee for our loans varies between 6% and 24%, with an Annual Percentage Rate (APR) ranging from 20% to 30%.

No Hidden Charges: All associated costs are consolidated into the origination fee, meaning there are no extra interest charges or service fees to worry about. What you see is what you pay.

Loan Example Breakdown

To give you a better idea of how our loan works, here’s an example:

• Loan Amount: ₦80,000
• Loan Term: 90 days
• Origination Fee: 6%

Calculation:

Daily Interest Rate: 6% / 90 days = 0.0667% per day

Monthly Interest Rate: 0.0667% x 30 days = 2% per month

Annual Interest Rate (APR): 0.0667% x 365 days = 24.35% per year

Origination Fee Amount: ₦80,000 x 6% = ₦4,800

Total Repayment Amount: ₦80,000 + ₦4,800 = ₦84,800

This example shows that if you borrow ₦80,000 for 90 days at a 6% origination fee, you will be required to repay ₦84,800 by the due date. No additional fees or interest will apply.

Eligibility Criteria

To qualify for a loan with JARA CASH, you must meet the following requirements:

• Be a resident of Nigeria.
• Be 18 years or older.
• Have a valid bank account.
• Provide proof of monthly income to demonstrate your ability to repay the loan.

Simple and Fast Application Process

Getting a loan with JARA CASH is easy and can be done entirely through your mobile device. Follow these simple steps:

1. Register using your Nigerian mobile number on the JARA CASH app or website.
2. Submit Basic Information to help us assess your loan limit based on your income and financial history.
3. Select Loan Amount: Choose the loan amount that meets your needs, within the available limit.
4. Provide Bank Account Details: Submit your bank account details for the loan disbursement.
5. Repay on Time: Ensure that you repay the loan on or before the due date to avoid any penalties or fees.

Data Privacy and Security

At JARA CASH, we take your privacy and data security very seriously. We are committed to ensuring that your personal information remains confidential and secure.

No Third-Party Sharing: We will never share your personal data with third parties without your explicit consent.

Customer Control: You have the right to request the deletion of your personal information from our database anytime, provided you have no outstanding loans. For any concerns or requests, you can easily contact our customer service team.

By choosing JARA CASH, you are partnering with a reliable and transparent financial service that prioritizes your convenience, security, and financial empowerment. Whether you need emergency funds or quick cash for personal projects, JARA CASH is here to support your financial journey.