Fill out the form and one of our credit consultants will get back to you in less than 24h
Apply for your loan now in 5 simple steps, that's it!
Sign up on our platform using your Facebook or Twitter account.
Enter the requested details to complete your registration.
Select any loan package which suits your financial needs.
Once approved, funds are typically received within 10 minutes.
Make timely repayments and access higher credit limits.
Apply for any of our loan packages below:
Have questions about our service? Click below to see responses to the most common issues.
Please note: you may need to have at least NGN100 in the account linked to the card for setup to be successful. Card setup is only required once, as long as your card is valid.
Funds are typically received within a few minutes of receiving disbursement confirmation. We recommend checking that the bank account provided is a personal account, as we do not process transfers to 3rd party accounts. We also advice checking your account balance directly as credit alerts are not always received with transfers.
There are a few reasons behind loan application rejections. The most likely reason is that our system did not receive sufficient data to score your application. Please ensure you are signed into www.rapidcash.ng using your main Facebook or Twitter account details, to get your real social reputation score to the best possible loan offer for you.
Another possible reason is that you may not have shared all of the information required to complete registration or provided invalid details.
However, there can be other reasons. As a responsible lender, we take steps to ensure we only extend credit to applicants who can afford it, so that our clients won't become too indebted. It is possible at this time, you don't match the profile of individual we normally lend money to.
Whatever the situation, we recommend keeping applying for loans on the platform 1 - 2 months, as the criteria of these decisions are constantly refined.
Notifications are typically sent via SMS and/or email immediately after your loan application is sent. If you have not received either of these, please check the 'Your Loans' menu in your dashboard to confirm the current status of your request.
This status indicates that our system is processing your application. You will receive a notification on your loan decision shortly after.
We ask for card details in order to receive your loan repayments on your due date. Rapidcash understands that this is very sensitive information, so we have taken all available precautions and secured our platform with world-class encryption and security technology to protect your data.
This may due to a number of reasons:
If you're still having issues with setup, please send us a message and we'll be happy to assist.
Depending on your card type, you may need to contact your bank to enable your debit/ATM card for online transactions prior to completing setup on Rapidcash.
We've made it as easy as possible for you to repay your Rapidcash loans. On your due date(s), your payment will conveniently be deducted from the account linked to the debit/ATM card provided during your loan application.
However, If you prefer to make a repayment before you due date, click the 'Make a Repayment' button in the web portal.
Simply tap on the card linked to your profile or select 'Add a New Debit/ATM card' if you wish to repay using a new card. Your account is immediately updated, once payment is successful.
If you want to make a payment prior to your due date, please use the 'Make a Repayment' button, found on the 'My Loans' page on the app.
Early repayments are accepted and you can apply for a new loan immediately your previous loan is paid off.
However, please note that early repayment does not imply that the terms of your loan obligation will change. Your repayment terms are fixed at the point of loan application and the total amount to be paid is not changed by an early repayment.
You should ensure that your account to be deducted is funded on your due date for successful payments, or repay your loan using the 'Make a Repayment' button in the app as this immediately updates your account.
Other forms of repayment can lead to delays with account updates. If you have made a cash transfer, please be sure to include your full name and client ID in the transfer description/narration so your account can be reconciled swiftly.
You can check your current status by logging into your account. If you have successfully paid off your previous loan on time, you can re-apply for another loan within 24 hours and may qualify for higher credit.
Please note that due dates are fixed when your loan is approved. We do not currently reschedule due dates, so please ensure that you make your repayment on/before your agreed due date in order to continue having this service available to you.
We understand that financial circumstances can change suddenly, however, it is important to note that we do not schedule repayment dates and you should only take a Rapidcash loan if you are reasonably certain you have the means to repay within the agreed period.
There may be fees associated with late repayments. In addition, defaulting loans are reported to national Credit Bureaus and this can severely affect your ability to access loans in future. We therefore advise you take every effort to meet your obligations on time.
We want to keep you as a customer, so please make every attempt to pay us back on time. If you find yourself in a situation that makes it difficult to make your scheduled repayment, please contact us immediately.
We do our best to help our customers avoid these situations and the resulting consequences which can include:
When using Rapidcash, your data is always secure. Our platform uses world-class standard security and encryption technology to protect all details. When you provide us with information, you can also be assured of your privacy - our loan agreements are always kept confidential.
Rapidcash never shares your personal details with third parties, unless it is for dedicated business purposes, such as reporting of loan defaulters to authorized Credit Bureaus. It is therefore important to ensure that you repay your loan on time so your credit history is not negatively affected. If you make timely repayments, this increases your chances of accessing credit from financial institutions in future.
Credit bureaus are agencies that provide information on individuals' borrowing habits and financial patterns. They typically work with financial institutions and other creditors to collate this data, and your performance on previous reported accounts impact your ability to obtain loans or other financial services in future.
The more loans you repay on time, the better your credit history gets. With this, you'll be able to access better loans at cheaper rates.
When you sign up on our service, you should receive an SMS link from us to the mobile number you provided. Please enter the code received to verify your number and successfully register on the platform.
If you are certain that you did not receive a message, please ensure that your provided number is switched on and is in an area with good network service to receive the SMS. Note: A data connection is required in order to validate your phone number.
|Every Loan requests is processed swiftly|
|Security is guaranteed against fraud|
|Your data is not shared with third party|
|Online 24/7 Customer support|
|Easy and Convenient sign up process|
|Apply from anywhere in Nigeria|
RapidCash is a product of Optiweb Communications Limited
Rapidcash is an entirely online lending platform that provides short-term loans to people in Nigeria using their social reputation score on social media. It leverages on increasing number of Facebook and Twitter users in the Nigerian market, to make access to soft loans easier, faster, and more reliable. It is a product of Optiweb Communications Limited, a fast growing technological company in Lagos that have over the years developed and deployed various innovative tech solutions.
Got a personal loan from Rapidcash and I am very happy with the conditions. I needed a good laptop for school and bought it on credit.
Awesome conditions for the personal loan. I managed to buy the iPhone I always wanted with a credit from Rapidcash. Their staff is very kind.
I recommend Rapidcash's personal loan to everyone in need for some quick cash. I got out of a very tight situation thanks to their loans.
It's been my life long dream to travel around the world but never had the financial resources to actually do it. Now it's possible!
My car stopped working exactly when I needed it the most so I had to take some desperate measures. Now I've bought a new car.
I've been looking for a new house for about 5 years and when I found the right home it was Rapidcash that supported my decision.