Money is a vital asset for everyone to get necessary goods and services. Some amount of money should be kept with you in case of emergency. Unexpectedly, there come certain situations when you need money immediately like when need money but you are away from home, when your income/wages are delayed or when you lack funds to spend for everyday expenses or when you urgently need funds to order a service. In such situations, you have to obtain a loan. The general way is visiting the nearest bank branch, meet up with the credit manager, fill up forms and get approval.
Although during this pandemic period, people are reluctant to go to the bank. How can we go out and get a loan instantly when the Covid-19 threat looms outside. Is there a way to get a loan without leaving your house? Possibly an online method? The answer is YES.
Cashx is an online platform in Sri Lanka that allows you to get fast cash loans online. For this process, the best part is you don’t need to go out. Just stay inside. Do all the necessary tasks online and get the loan credited to your bank account. It’s simple as that.
Cashx has astonishing benefits over traditional loan methods. You do not need to fill tons of forms, then discuss with bank managers and waste your time. You can free loan online within just 15 minutes. Surprising isn’t it? The approval for the loan may take a very short time like 5 minutes and they need only your ID number.
From Cashx, you can take loan amounts ranging from Rs. 5,000 to 50,000 only. You will be given from 10 days to 30 days with interest rates around 15.8 to 18.1% per month. (Maximum APR 216.12%) This is not confusing. Imagine you apply for a loan of Rs. 5,000 and then you can choose a comfortable repayment over 10 days. After 10 days, your payment will be only Rs. 5,750. Therefore the total cost of the loan will be Rs. 750 per 10 days.
Wondering how you can apply to get a loan? It’s only two steps. First, you create a private space on their website. For this, they only request your phone number and ID. Next, you have to sign the contract with them to confirm your consent to obtain a loan online. More details can be found here.
When you are ready to repay your cash loan, you can do it in many ways using the Pay&Go Kiosk repayment service or any bank transfer like Sampath, Commercial, HNB Bank and more. Get to know how to repay your loan here.
If you have any questions or concerns regarding Cashx and the procedure of providing loans, you can check out the Frequently Asked Questions (FAQ) Page to clarify your issues. The link is given below.
For more information, don’t hesitate to contact Cashx via info@cashx.lk or give a call to this support service number. (+94 117 562 756)
