Wondering if you can get an instant loan with the Fastcoin loan app? Fastcoin loan is a company that gives out loans right away without any paperwork or collateral. With fastcoin loan, you can get a loan of up to #500,000 without a co-signer or collateral.

fastcoin loan app

What is fastcoin loan app

The app for fastcoin loans was made in India, but it was later brought to Nigeria. With the app, you can get a loan quickly without going anywhere. If your loan request is approved, the money will be sent to you in a few minutes.

Fastcoin loan app requirements

Before you can borrow money from fastcoin, you must meet the following conditions:

  • You must have a way to make money.
  • You have to open a bank account.
  • You can’t have ever missed a payment on a loan before.
  • You must be older than 18 years old.
  • You should also have a smart phone.

How to apply for fastcoin loan

To get a fastcoin loan, you must first download their app from the Play Store and fill out a registration form.

  • After you sign up, you will automatically be logged in.
  • Find “loan” on your dashboard and click on it.
  • There, you’ll see how much you can borrow.
  • When you click on the loan, it will be paid out within minutes.

How much can you get from the FastCoin Loan app?

With fastcoin, you can get a loan of up to #500,000 without putting up collateral or filling out paperwork. As a first-time borrower, you won’t get this much, but as you borrow and pay back loans regularly, the amount you can borrow will go up.

Fastcoin loan interest rate and repayment period

The interest rate for fastcoin loans is between 5% and 25%, and the time it takes to pay back the loan is between 1 month and 3 months, depending on how much you borrow.

Paying back your loan from Fast Coin

You can pay back your fast coin loan with an ATM card or contact them to get their account number.

Is fastcoin loan app legit

If it’s a loan, fast coin will give you one right away. If it’s something else, though, No, Fast Coin is not a real company.

At the time I was writing this article, their app had been taken off the Play Store, but I’m sure they’ll come back under a different name.

There are a lot of complaints in India, where they are from, about how they send bad messages to their customers’ relatives and do other bad things. So use this loan application with care.

Conclusion

Some loan apps, like fastcoin loan app, are not worth your time, even if they will give you $1 million for less interest.

Note

If they clear their name and start over, we’ll update this post and let you know what we think.

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