Are you a Ugandan looking for a quick fix for your financial mishaps? I have got a quick fix for you! A new digital loan app is now available in Uganda at your service – Cashlink loan app.
Cashlink is designed to provide fast, secure, and affordable mobile loans, this app offers a simple and convenient borrowing experience for Ugandans. Here’s everything you need to know about the Cash Link Loan App, from loan limits and interest rates to how to apply, repay, and get support.
What is Cash Link Loan App?
Cash Link Loan App is a legitimate online loan application available in Uganda, offering quick unsecured loans directly to your mobile money wallet (MTN or Airtel). Operated by a licensed fintech service, Cash Link provides an easy and fast way to access emergency loans without needing collateral, paperwork, or even a credit history.
Once approved, the loan amount is disbursed instantly to your mobile wallet, making it ideal for urgent financial needs such as school fees, medical emergencies, utility bills, or business top-ups.
Cash Link Loan App Limits and Interest Rates
Cash Link provides loan amounts from UGX 50,000 up to UGX 1,000,000, depending on your credit history and repayment behavior.
Loan Limits:
- Minimum loan: UGX 50,000
- Maximum loan: UGX 1,000,000
Interest Rates:
- Daily interest rate: As low as 0.06%
- Annual Percentage Rate (APR): 32% per year
- No hidden charges or processing fees
Repayment Duration:
- Flexible repayment period from 90 days to 360 days, allowing you enough time to manage repayments comfortably.
Example: If you borrow UGX 100,000 for 180 days, you may repay approximately UGX 109,600, depending on your approved rate and repayment schedule.
Pros and Cons of Cash Link Loan App
✅ Pros
- Quick approvals and disbursement directly to your mobile money account
- No collateral or CRB check required
- User-friendly mobile app interface
- Low interest rates compared to many payday lenders
- Flexible repayment periods of up to 12 months
- 100% digital loan processing without paperwork
❌ Cons
- Loan limits start small for first-time users
- May require regular app usage and repayment history to unlock higher limits
- App may be inaccessible without internet or for non-smartphone users
- Late repayments may affect your future borrowing capacity
How to Apply / Download Cash Link Loan App
Follow these easy steps to apply for a loan via the Cash Link App:
Step 1: Download the App
- Visit Google Play Store
- Search for “Cash Link Loan Uganda”
- Download and install the app
Step 2: Register an Account
- Open the app and sign up with your mobile number
- Use a valid National ID and ensure your mobile money account is active
Step 3: Apply for a Loan
- Enter the amount you wish to borrow
- Select your preferred repayment term
- Submit your application and wait for approval (usually within minutes)
Step 4: Receive Your Loan
- Once approved, the loan is instantly sent to your mobile money wallet
How to Repay Cash Link Loan
Repayment is easy and fully integrated with Uganda’s mobile money platforms.
Repayment Methods:
- MTN Mobile Money
- Airtel Money
Steps to Repay:
- Open your mobile money menu
- Select ‘Pay Bill’ or ‘Merchant Payment’
- Enter Cash Link Paybill Number (provided in the app)
- Input your registered phone number or loan account number
- Enter the amount to repay and confirm
You can also repay directly within the Cash Link App using the integrated mobile money payment option.
Tip: Make sure to repay on time to avoid penalties and increase your credit limit.
Customer Support Numbers
If you encounter any issues with the app or need assistance with your loan:
- 📞 Phone: +256 707 218 253
- 📧 Email: service@cashlink.cc
The Cash Link support team is available during working hours to address your concerns.
FAQ for Cash Link Loan App
1. Is Cash Link Loan App Legit?
Yes. Cash Link is a legitimate digital loan provider in Uganda, offering safe and regulated financial services via mobile.
2. How much can I borrow on my first loan?
First-time borrowers typically start with UGX 50,000 – UGX 150,000, and limits increase based on repayment behavior.
3. Do I need collateral or a bank account?
No. Cash Link does not require collateral, bank accounts, or credit history. A valid National ID and mobile number are enough.
4. What happens if I delay repayment?
Late repayment may lead to penalty fees, reduced borrowing limits, or suspension of your account.
5. Can I apply again after repaying my loan?
Yes. Once you fully repay your loan, you can immediately reapply for another one—possibly at a higher limit.
6. Is my personal data safe with Cash Link?
Yes. Cash Link adheres to data protection standards and only uses your information for loan evaluation and customer service purposes.
7. How long does approval take?
Loan approvals are automated and instant, with most decisions made in under 5 minutes.
Conclusion
Cash Link Loan App is a trusted, fast, and efficient way for Ugandans to access mobile money loans without hassle. Whether you need UGX 50,000 or up to UGX 1 million, Cash Link offers competitive interest rates, flexible repayment terms, and an entirely mobile-based process.
If you’re looking for a safe and reliable loan app in Uganda, Cash Link is worth considering. Download it today from the Play Store and get access to funds.
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