Coolcash loan Review [2020] : How It Works, Application, Payment, Contacts

Coolcash loan app is offered by Cool Loans Ltd. The Coolcash loan app is available on the Google Playstore, is accessible to residents of Canada and has over 1K+ downloads in addition to a 2.6/5 star rating with 50+ reviews.

 

How to qualify for coolcash loan

For loan approvals via CoolCash payday loan app, applicants must meet the below eligibility criteria which include:

Must be an 18+ year old Ontario Canadian resident with a mobile phone as well as an active Canadian bank account and Facebook account.

 

How to register and apply for coolcash loan

Download the CoolCash payday loan app from the Google Playstore.

Install and launch the CoolCash payday loan app and begin registration by customizing your loan then proceed to apply for the loan using your Facebook account.

Fill in the required detail info such as personal, contact, employment, financial, banking, loan as well verification documents like passport, proof of residence, driver’s license, utility bill etc.

 

Coolcash loan amount limits

CoolCash loan amounts range from between a minimum of $100 to a maximum of $500 

 

Coolcash loan interest 

The interest rate charged on advanced CoolCash payday loans is 15% of the principal amount and is based on the cost of loan which is legally set at $15 per $100 borrowed.

How to pay Coolcash loan

CoolCash payday loans are repayable for a maximum of 30 days from the date of loan disbursement.

Due CoolCash payday advanced loans are deducted automatically from your linked bank account/card thus CoolCash payday loan app users should ensure that there is sufficient funds available in-order to effect full repayment.

 

How to apply for Coolcash loan payment extension

Although not guaranteed, CoolCash payday loan provides the possibility of loan extension subject to prior interaction with the CoolCash payday loan team either via phone, email or in person before noon on the scheduled day of repayment.