Go Cash Loan App is Real or Fake: Google Play Store is now a day full of instant loan apps such as Go Cash which are giving people quick and easy loans with minimum documentation or some apps without any documentation (they are just making use of the CIBIL score). But, the question is how to know which one is real and which one is fake? In this article, we are sharing with you how to identify the real instant loan apps and avoid getting trapped by quick loan apps.
Read: Go Cash Loan App Download Customer Care Number | Toll-Free Number | Office Address
Many people were searching on the internet that – “Go Cash Loan App is Real or Fake?”
Before telling you the answer let us share some insights about – Go Cash, the instant loan app in India.
- Go Cash is an instant loan program that provides quick and easy online credit loan services for Indian customers.
- Amount Range: ₹2000 – ₹20000
- Credit days: 90-180 days
- Repayment Period Available: Weekly, Fortnightly, or Monthly.
- Reducing Annual Interest Rate: 21-27% daily compounding.
- Annual Fee for their technology: 3% of the approved credit limit
Read: Go Cash Customer Care Number, Toll-Free Number, and Office Address
Go Cash also mentioned some important benefits on Play store that –
1. It is a very simple loan application process.
2. 100% online loan application process. No offline struggles.
3. Efficient analysis speed and low-interest rate
4. High loan approval rate and reliable data security guarantees etc.
According to them, all the transactions are protected via 256-bit SSL encryption. All the data are transferred over safeguarded connections. They also said that they do not share any client’s data with any 3rd parties without the client’s consent.
Go Cash Loan App is Real or Fake?
Here are 5 indications of instant loan apps which may be a fraud:
- When the instant loan isn’t concerned about your payment history (such as scores of credit bureaus).
- The lending app pressures you to act instantly.
- Mentions inappropriately divulged fees.
- Unsecured lending app or websites.
- The lending app or website has no physical address. Also, check and verify their customer support system before taking any loan from those instant loan apps.
Go Cash Loan App is Real or Fake?
Now, it is your turn to personally check and verify these instant loan apps if they are real or fake.
