Lion Cash App Download and Application

Tired of traditional banking? Try Lion Cash App for instant loans up to Ksh 10,000! Read our guide here to learn more.

Jun 11, 2023 - 09:32
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Lion Cash App Download and Application
Lion Cash App Download and Application

The Lion Cash App is a revolutionary mobile application that makes borrowing money effortlessly. Gone are the days of enduring long queues in the bank and filling out heaps of paperwork. With the Lion Cash App, you can now borrow money at your convenience - whether day or night, at home or office, the power is in your hands.

How the Lion Cash App Works

Downloading and Setting up the App

The Lion Cash App is incredibly user-friendly. Start by downloading it on your mobile phone. Post download, create an account using your M-Pesa number, then set up a four-digit PIN as your login credential.

Account Creation and Loan Eligibility

During account creation, you must provide essential personal information such as your age, ID card number, level of education, marital status, occupation, and monthly income.

The Lion Cash App employs a sophisticated algorithm to determine your loan eligibility. The decision depends on your CRB credit score, M-Pesa transaction messages, location, phone type, message and call logs, monthly income, and repayment history. Within a few moments, the system will communicate whether you're eligible for a loan.

Applying for a Lion Cash Loan

For first-time users, a loan amount is automatically assigned. Unfortunately, it can't be increased even if you require more funds. However, you can borrow up to Ksh 10,000 for subsequent loans for 30 days.

After establishing your credit limit, the app approves your loan almost immediately, offering a loan duration of up to 30 days. The system then deducts a particular interest and service fee from the loan amount. The total amount, though, needs to be repaid within a month.

Lion Cash Loan Applicant Minimum Requirement

There are no stringent requirements to apply for a loan with Lion Cash App. You don't need a minimum credit rating or to provide an array of documents. Once downloaded, there's no additional fee for registration or download. After your loan request gets approved, you'll receive your funds within minutes, even on weekends.

Lion Cash Loan Limits

The Lion Cash App grants a minimum loan amount of Ksh 2000. After downloading the Lion Cash app from the Play Store and creating your account, you can apply for a loan once you receive your loan limit.

Paying your Lion Cash Loan via M-Pesa

The Lion Cash App provides a flexible loan repayment schedule from 3 months to a year. You can repay your loan via M-Pesa Paybill 309517 by following these simple steps:

  • Go to the M-Pesa menu.
  • Select 'Lipa na M-Pesa'.
  • Choose 'Paybill.'
  • Enter the business number 309517.
  • Your account number is your phone number.
  • Enter the loan amount.
  • Input your M-Pesa PIN, confirm, and send.

Contacting Lion Cash

For any queries or concerns, contact Lion Cash at 0112513722 or 0769574319, WhatsApp number 0769354523, or email [email protected].

READ ALSO:  Branch Loan App Download and How To Apply For A Mobile Loan In 2023

Conclusion

The Lion Cash App has transformed the borrowing process by making it quick, convenient, and hassle-free. Whether you need funds to finance an emergency or support a small business, the app covers you. Its seamless operation and straightforward repayment system make the Lion Cash App a compelling choice for individuals needing a swift loan solution. Remember to borrow responsibly, considering your ability to repay on time.

FAQs

Is the Lion Cash App easy to use?

Yes, the Lion Cash App is designed with user-friendly features, making it simple and intuitive to navigate even for first-time users.

How quickly can I get a loan from the Lion Cash App?

Once your loan application is approved, the money will be transferred into your M-Pesa account within minutes.

Can I increase my first loan amount on the Lion Cash App?

No, for first-time users, the loan amount is automatically assigned and cannot be increased.

What minimum loan amount can I borrow from the Lion Cash App?

The minimum loan amount you can borrow from the Lion Cash App is Ksh 2000.

How can I repay my Lion Cash loan?

You can repay your Lion Cash loan via M-Pesa Paybill number 309517.

How can I contact Lion Cash for help or inquiries?

You can contact Lion Cash through their phone numbers 0112513722 or 0769574319, WhatsApp number 0769354523, or email [email protected].

 Disclaimer!!!

This article is intended for informational purposes and does not constitute financial advice. The information provided herein is accurate as of the date of publication. However, the author and publisher do not guarantee the accuracy, validity, timeliness, or completeness of any information provided in this article. Always consult with a financial advisor or do thorough research before making financial decisions or investments. Use of the Lion Cash App is at the user's own risk.

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Joseph Richard Joseph is a graduate of Mathematics and Computer Science (Applied Option). With expertise in Technology and Finance, he brings his knowledge to the field, demonstrating an authoritative understanding of these interrelated areas. Joseph is pursuing a Master's in Software Engineering, further expanding his skill set.