Information about YooCash

App Name:YooCash
Amount of money:GHS 150,000 - GHS 250,000
Interest Rate:0% - 21%/Year
Operating system::APK, IOS, Pc
Address:17 Blohum Street, Dzorwulu, Close to the Traffic Light, Accra, Ghana

Currently, as technology advances and the world enters the era of modernization 4.0, customers no longer need to spend a lot of time traveling and doing procedures, as they can completely borrow money through online applications. We are supported on mobile devices for customers to install, and when in need of a loan, you can simply download the YooCash app to register for loans. This loan application is available for devices with both Android and IOS operating systems and is extremely easy to use.

For Yoo.Cash, customers only need to have an ID card or passport. However, before deciding to borrow money, you need to carefully research the information to decide whether or not to use the application.

Loan term, limit, and interest rate of YooCash

Next are the loan term, limit, and interest rate applied when customers borrow money from the Yoo.Cash loan application.

  • Loan term: The minimum loan term of this loan application is 91 days and the maximum is 180 days.
  • Limit: Currently, the YooCash loan application can meet the demand for loans from GHS100,000 to GHS250,000. This is a relatively high limit compared to other applications, so if you need to borrow a large amount, YooCash is the appropriate choice.
  • Interest rate: The interest rate when borrowing from this application is a maximum of 21% per year and new players will receive a 0% interest rate.

How to borrow money with YooCash?

The process of borrowing money with Yoo Cash is a concern for many customers. In fact, the loan and disbursement procedures in the application are not too complicated, and you do not need to go through many steps to successfully borrow money.

Conditions that customers need to meet

To be able to borrow money from the Yoo Cash application, the borrower must meet the following important conditions:

  1. The customer must be a Ghanaian citizen, currently living and working in Ghana. The customer's age range must be from 20 to 60 years old.
  2. The borrower must be a person with a stable monthly income to ensure the ability to repay the loan.
  3. The customer needs to have valid personal identification documents in original form.
  4. The borrower owns a bank account that matches the information on the personal identification documents.

The loan process to follow at YooCash

When borrowing money through the YooCash application, players must complete all steps in the following process.

Download the YooCash app

Firstly, customers need to download the YooCash app to their phone with the following specific data:

  • Small size
  • 500,000+ installations
  • Current version is 2.1.1

To download the application, customers must have a phone with an Android operating system version 4.0 or higher.

Register for a loan on the app

To register for a loan on the application, customers need to complete the following steps:

Step 1: Customers register for a loan account using their phone number, and then the app's system will send a verification code to their phone.

Step 2: Customers need to provide complete information to register for a loan, including full name, date of birth and gender, ID number, address and current job, position and monthly income, where the customer is working, information about the bank account they are using. Next, customers provide pictures of the front and back of their ID card, a photo of their face following the instructions from the app's system.

Step 3: After completing the registration process, customers only need to wait from 10 to 15 minutes, and the system will complete the profile review and call the customer for appraisal. Step 4: After completing the above steps, the loan amount will be disbursed to the account you have provided.

Loan repayment

Finally, the loan repayment process at YooCash requires customers to make payments through the following methods:

Transfer through bank account. Payment at debt collection stores. Payment through e-wallets linked to banks.