Understand loan knowledge
FairKash+: online cash loan
Free
In Kenya V 4.0.2
5.0 (1 million +)
Security Status
for Android
Personal quick loan
Up to KES60,000
As low as 4%
Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them.
There are many types of loans, and the common ones are as follows:
Personal loans and corporate loans: personal loans refer to individuals borrowing funds from financial institutions for personal consumption or business; Enterprise loan refers to the enterprise borrowing funds from financial institutions for enterprise operation.
Mortgage loan and credit loan: mortgage loan refers to the loan that the borrower provides certain collateral as guarantee; Credit loan refers to the loan that the borrower applies for with personal credit records and income certificates.
Long-term loans and short-term loans: long-term loans refer to loans with a loan term of more than one year; Short-term loans refer to loans with a loan term of no more than one year.
Fixed-rate loans and floating-rate loans: Fixed-rate loans refer to loans with constant interest rates during the loan period; Floating rate loan refers to a loan whose interest rate will change according to the change of market interest rate during the loan period.
Loan refers to a form of credit activity in which banks or
Online loan refers to a way that a borrower applies for a
Credit loan refers to the loan issued by the borrower’s reputation, and
Cash loan refers to a short-term loan form provided by loan financial
The cash loan process usually includes application, approval, signing a contract, lending
Loan default refers to the borrower’s failure to perform repayment in accordance
Common problems in loans include loan application process, loan interest rate, repayment
