Are you looking for a trusted online loan application? Quick Loan App is one of the loan applications that claim to provide loans with no hidden charges and suitable interest rates.

But when I checked and personally used this application I found some faults. In today’s review, we will talk about whether a Quick Loan App is a Scam or Legit.

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Quick Loan App Overview

Quick Loan App is becoming popular day by day because of their claims like low interest rates, no hidden charges, and a good repayment time.

If you are one of those who is expecting a Quick Loan App as a genuine Application then you are in big trouble. This application provides a personal loan of 5,000 to Lakhs.

App Name	Quick Instant Loan At Low EMI
App Type	Loan
App Version	4.2.3
Updated on	Jul 6, 2023
Requires Android	5.0 and up
Downloads	5,000,000+ downloads
Offered by	Upwards Fintech Services Pvt. Ltd
Interest Rates	16% to 32% per annum
Repayment Period	6 to 36 months
Processing Fee	2-4% of loan amount
Scam or Legit	Looks like Scam

Quick Loan Eligibility

Salaried Employee with a salary up to 17,500 rupees.
Age should be greater than 21 and less than 51.
Have a proper government ID like a PAN Card, Aadhar Card, etc.

Features of Quick Loan App

Instant Approval.
6 to 12 Months Repayment Time.
No Paperwork.
Minimum Interest Rate.
Easy to Apply.

How to apply for a loan on the Quick Loan App?

I will recommend you read the complete review before making any decision. Here are the steps you may consider to apply for a Quick Loan App Loan:

Download Quick Loan Application for Google Play Store.
Sign UP or Sign In to Quick Loan Application.
Upload Required Documents like Aadhar Card, PAN Card, and Bank Details.
This Application will show you a Loan Amount that you can claim in your Bank Account.

Pros & Cons of Quick Loan App

Quick Loan Applications have many bad points rather than good points. Here are the main Pros and Cons:

Pros

Cons

Easy to use
No CIBIL Score Required
User-Friendly Application

Bad Reviews on Google Play Store
No Customer Support
Ask for Processing fees to proceed Loan request
Blackmail Users to Repay Loan
Not any Online Presence
Have no Proper Licence
No Information about Founders & Developers

Quick Loan App is Real or Fake?

Quick Loan Application is a fake or scam application. They charge any processing fees and charges in loan procedures. Rather they also use your personal data to blackmail you.

Quick Loan Application is one of the biggest fraud applications that claim to provide loans at low interest rates and no hidden charges. This application has no customer support or physical existence. Make sure to be clear while taking a loan from an online loan application.

I hope you all understand about the Quick Loan Application. You can also read my personal Opinions about this app below 👇.