List of Cash Loans in Namibia

What are cash loans?

A cash basis loan is one in which interest is recorded as earned when payment is collected. However, in the case of nonperforming loans (or loans gone bad), continuing payments are doubtful. Cash basis loans are nonperforming loans, and interest income can only be recorded when funds are actually received.

Here Are Some Of The List of Cash Loans in Namibia

Kongalend Financial Services

Mr Cash Finance

Cash Converters BPI House

Focus Finance Namibia

Mr Cash Finance 3

Getbucks Namibia

Mr Cash Finance 2

Cash Express Finance Walvis Bay

Mr Cash Finance 4

Cash Converters Windhoek

Frequently Ask Question

How can I get cash immediately in Namibia?

• Become an Uber or Lyft Driver.
• Sell your things online.
• Try food delivery.
• Set up an Etsy business.
• Dog walk or babysit.
• Take out a cash advance.
• Payday loans.
• Try Swagbucks.

Can you ask a billionaire for money in Namibia?

Can You Contact Rich People Asking for Money? Yes! I know that most of the people on that list have given their fortunes away to charities or to organizations that they’re passionate about – however, that doesn’t mean that there aren’t millionaires giving away money to individuals.

How does a cash loan work in Namibia?

Lenders hold the checks until the borrower’s next payday when loans and the finance charge must be paid in one lump sum. To pay a loan, borrowers can redeem the check by paying the loan with cash, allow the check to be deposited at the bank, or just pay the finance charge to roll the loan over for another pay period.

Do Cash Converters do cash loans in Namibia?

We want to provide you with the short term cash that you need, but that you can also afford to repay. We will always carry out an affordability assessment on both new and repeat customers. We will not roll over or extend a loan product.

Do Cash Converters rip you off in Namibia?

Rip offs. Cash converters take from the poor and rip them off. They rob people who are down on there luck, You offer them expensive items & they give you next to nothing then sell it for triple what they gave you or for nearly retail value.

What do Cash Converters buy in Namibia?

We buy a wide range of items of value, like computers, cameras, jewellery, tools, gaming consoles and more. Whatever you might have to sell, we’d love to take a look and see what we can make possible.

What happens if I don’t pay my cash converters loan?

What happens if I don’t pay the loan back? If you don’t make your monthly interest payments or respond to contact from us, we will keep your item in lieu of loan repayment. You won’t be contacted by debt collectors and your credit rating won’t be affected.

What do you need to get a cash loan in Namibia?

• Government Issued ID.
• Social Security Number.
• Proof of Income.
• Active Checking Account.
• Personal Check (In-Store Only)
• Valid and Active Email Address (Online Only)

How do I qualify for Fcmb fast cash loan in Namibia?

• Instant access to funds.
• Up to N200,000 loan amount.
• No paperwork required, just apply through 32911#.
• No collateral needed.
• No FCMB account is required.
• Up to 3 Months Repayment cycle.
• Customer can apply as many times in a year as s/he is qualified.
• Interest Rate of 3.5% monthly and a One-Off management fee of 1%

Where is the best place to get a cash loan in Namibia?

• Banks. Both national and regional banks will offer personal loans with a variety of loan amounts, terms and rates.
• Credit Unions.
• Peer-to-Peer / Marketplace Lenders.
• Online Lenders.
• 0% Introductory APR or Balance Transfer Credit Card.
• Retirement Plans.
• Home Equity Line of Credit.
• Payday Loans.

Which cash loan is best in Namibia?

• LightStream: Best for home improvement loans.
• SoFi: Best for good to excellent credit.
• Marcus by Goldman Sachs: Best for bank loans.
• Upgrade: Best for fair credit.
• Upstart: Best for short credit history.
• Avant: Best for bad credit.
• Payoff: Best for credit card consolidation.
• Discover: Best for debt consolidation.

What is the cheapest way to borrow money in Namibia?

Depending on your needs the cheapest way to borrow money will most likely be a personal loan or a credit card. These aren’t the only ways of getting hold of money, however. You can also use a bank current account overdraft or borrow against the value of your house.

How can I get a small loan in Namibia?

How do I apply for a small personal loan? Luckily, applying for a small personal loan can be just as easy as applying for a regular personal loan. Again, each lender will differ in what it requires to apply. Lenders will likely request some sort of proof of income, a credit check and your bank account information.