Quicksente Loan: 6 Things To Know Before Taking A Loan From Quicksente
Quicksente is one of the fastest growing online lending platforms that is revolutionizing the lending services in Uganda. They offer reliable and convenient instant loans to their customers.
Although Quicksente offers collateral free loans, they have their terms and conditions that an applicant must meet before they access the quick loan. Hence, it is best to conduct personal due diligence to know their modus operandi before opting for their services.
For detailed information about the interest rate, loan amount, loan terms, eligibility criteria and other relevant details about the loan services of Quicksente dive to the subsequent sections to get updated.
Let’s dive in…
Is Quicksente Legit?
Yes. Quicksente is legit.
Currently, Quicksente offers reliable and legitimate loan services to the residents of Uganda, many have taken loan from them and some are still applying for the loan as we discuss.
However, since change is constant it is best to carry out independent research about the loan platform before opting for their loan services.
1. Eligibility Criteria For Quicksente Loan
To qualify for the Quicksente loan, applicants are expected to meet certain requirements, the eligibility criteria are outlined below:
- The applicant must be at least 18 years old.
- Must be resident in Uganda.
- Have a stable and steady income source.
- Functional bank account is also a must.
2. Quicksente Loanable Amount
The loanable amount that a user can take from Quicksente is not fixed because it is determined by your repayment ability and creditworthiness.
Nevertheless, the loanable amount that users can take from Quicksente ranges from UGX 60,000 – UGX 500,000.
3. Quciksente Loan Term
The repayment plan for Quicsente is relatively flexible because it is all encompassing. It is designed such that borrowers can pay off their loans without breaking the bank.
The Quicksente loan tenure ranges from 91 – 365 days which is really flexible.
4. Quicksente Loan Interest Rate
The Quicksente loan interest rate is not fixed since it is totally dependent on the loan amount you opt for and the repayment term you choose.
The Annual Percentage Rate of Quicksente loan ranges from 12% – 52%.
5. Quicksente Loan Application Process
Applying for the Quicksente loan is pretty easy, just follow the procedures below to apply:
- Download and install the Quicksente loan app.
- Register with required personal details to get started.
- Fill in the loan application form and submit for review.
- If your loan application is approved, the loan amount will be disbursed directly to your personal bank account.
6. Quicksente Customer Care
If you need assistance or want to inquire about the services of Quicksente platform, do not hesitate to contact their customer care unit for help. You can reach out to them via their email address on help@quicksente.com.
Quicksente Loan Summary
The key facts about the Quicksente loan is summarized in the table below:
| Loan amount | UGX 60,000 – UGX 500,000 |
| Interest rate | 12% – 52% APR |
| Loan term | 91 – 365 days |
| Age | 18 years |
Bottom Line
Quicksente offers reliable and legitimate collateral free loans to their customers across Uganda, their loan term is relatively flexible but their interest rate is a bit high hence fact check their loan terms before taking a loan from them.
Meanwhile, their application process is pretty simple because it is easy to navigate their mobile app because of its user-friendly interface. But if you encounter any challenge during the application process, you can reach out to their customer care unit for assistance.
Cheers!
