CashNow is an online lending platform that offers affordable loans to customers from different countries. With CashNow, you can easily apply for a loan using your smartphone and Emirates ID. The application process is simple and can be done anytime and anywhere. CashNow supports all kinds of UAE bank accounts, making cash-outs easy for everyone. Your privacy is also a priority, as CashNow ensures the security of your personal information. To apply for a loan, you need a valid Emirates ID, a valid bank account, and be a UAE resident between the ages of 20 and 55. The loan amount ranges from AED 500 to up to AED 10,000, depending on the product you select and your credit record with CashNow. The repayment period is flexible, ranging from 91 to 180 days, based on your budget and financial plan.
CashNow offers affordable and flexible loans based on your budget. The loan term is between 91 to 180 days, including renewal, with an interest rate of 25% per year and a 5% processing fee deducted from the net proceed. For example, if you borrow AED 3,000.00 with a limit of 180 days, the monthly payment would be AED 562.50. The total interest for the entire loan would be AED 375.00, and the processing fee charged would be AED 150.00. The total payment at the end of the loan term would be AED 3,375.00, with an Effective Interest Rate (EIR) of 18.4215%.
To apply for a loan with CashNow, simply download the CashNow app and sign up with your mobile number. If you have any questions or need assistance, you can reach out to their customer care team via email at
[email protected]
, WhatsApp at 0097150-9783342, or through their Facebook page @CashNow. CashNow's office is located at 2312, Addax Office Tower, Al Reem Island, Abu Dhabi, U.A.E.