How To Close, Delete Or Deactivate Your Swiftkash Account Easily

SwiftKash is a fantastic and reputable loan app which is specifically designed to provide you with quick and convenient financial assistance whenever you need it. With SwiftKash, you can easily access loans on the go, directly from your smartphone. When it comes to the loan application process, SwiftKash offers a seamless experience. You can apply for a loan directly through the app, eliminating the need for lengthy paperwork or physical visits to a bank. The entire process is designed to save you time and effort. With Swiftkash, you can get a loan ranges from N5,000 to N600,000 depending on your creditworthiness and interest rate of 0.08% per day and 36% yearly. So in this post, I will walk you through how to close, delete or deactivate your Swiftkash account easily if you’re determined to close it.

Disadvantages Of Swiftkash Loan App

Don’t dive into learning how to close, delete or deactivate your Swiftkash account easily without first looking at the following disadvantages of Swiftkash:

Limited loan amounts

SwiftKash have a maximum loan limit of N600,000, which restrict borrowers who require larger sums of money. 

If you need a substantial loan, SwiftKash may not be the most suitable option for you. 

There are some loan apps that offers loan of up to N5,000,000 and beyond.

Strict repayment terms

 While SwiftKash offers flexibility in selecting loan terms, borrowers must adhere to the repayment schedule once it’s set. 

Failure to make timely repayments can lead to penalties and additional fees, potentially causing financial stress for some borrowers.

Potential for over-borrowing

The ease and convenience of SwiftKash could tempt some borrowers to over-borrow or rely on loans as a long-term solution. 

This can lead to a cycle of debt and financial instability if not managed carefully.

How To Close, Delete Or Deactivate Your Swiftkash Account Easily

Here’s how to close, delete or deactivate your Swiftkash account easily below:

Contact customer care representative: The first step you will  need to take to successfully get your Swiftkash account closed easily and successfully is to start  by reaching out to SwiftKash’s customer support team. 

You can find their contact information on the app’s website or within the app itself. 

Reach out to them via phone, email, or any other available communication channels and inform them about your intention to close your account. 

They will guide you through the necessary steps.

Verify your identity: SwiftKash may require you to verify your identity before proceeding with the account closure process. 

They may possibly ask for specific documents or information to confirm your identity and ensure that the account closure request is legitimate. 

Read: How To Close, Delete Or Deactivate Your Surecredit Account Easily

Cooperate with their verification process and provide the requested information promptly.

Settle outstanding loans: Before closing your SwiftKash loan account, it’s crucial to settle any outstanding loans you have with the app. 

Of you have any unpaid loan it’s important for you to make sure you have repaid the full amount borrowed, including any accrued interest, fees, or penalties. 

SwiftKash may require you to clear all outstanding balances before closing the account.

Follow closure instructions: Once you have completed the necessary steps and met any requirements, SwiftKash’s customer support team will provide you with specific instructions on how to close your account. 

Follow their guidance carefully to ensure a successful closure.

Confirm account closure: After you have followed all the instructions and completed the account closure process, it’s a good practice to double check and confirm that your account has been closed. 

Contact SwiftKash’s customer support again if needed to verify that your account has been deactivated and all your personal and financial information has been removed or try logging in to your account with your details, if you’re unable to login then the account has been closed successfully.

Read Also: How To Close, Delete Or Deactivate Your NiceNaira Account Easily

FAQs On How To Close, Delete Or Deactivate Your Swiftkash Account Easily

Here are some helpful frequently asked questions and answers on how to close, delete or deactivate your Swiftkash account easily:

How do I download the SwiftKash loan app?

You can download the SwiftKash loan app from your respective app store, such as the Apple App Store for iOS devices or the Google Play Store for Android devices.

Simply search for “SwiftKash” and follow the instructions to download and install the app on your smartphone.

What are the eligibility criteria to apply for a loan with SwiftKash?

The specific eligibility criteriayou need to meet are the following requirements:

• Be at least 18 years old.
• Have a valid identification document.
• Have a stable source of income or employment.
• Meet the creditworthiness assessment conducted by SwiftKash.
• You must be willing and ready to provide your BVN details
• You will be required to provide your bank account where the money will be disbursed to if approved etc.

What loan amounts are available through SwiftKash?

The amount offers by Swiftkash loan app ranges from N5,000 to N600,000 only but specific loan amounts available to you will depend on factors such as your creditworthiness and the lending regulations in your region. 

How can I repay my SwiftKash loan?

SwiftKash offers various repayment methods, including electronic bank transfers or debit card payments. 

Once your loan is approved, you will receive detailed instructions on how to make repayments, including the due dates and the preferred payment methods. 

Is Swiftkash approved by CBN?

The swiftkash loan app is currently not approved by the central bank of Nigeria (CBN) this could be probably because its a new loan app.