Quick Loan App Review: Real or Fake

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.

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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.

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 NameQuick Instant Loan At Low EMI
App TypeLoan
App Version4.2.3
Updated onJul 6, 2023
Requires Android5.0 and up
Downloads5,000,000+ downloads
Offered byUpwards Fintech Services Pvt. Ltd
Interest Rates16% to 32% per annum
Repayment Period6 to 36 months
Processing Fee2-4% of loan amount
Scam or LegitLooks 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:

  • 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 👇.

Quick Loan App Review

Quick Loan App

Ankush

Play Store Reviews
Interest Rate
Hidden Charges
Customer Support
Online Presence

Summary

According to me, Quick Loan App is a fraud application that claims many fake things like no processing fee & hidden charges, low interest rates, good customer support, and more.
I will not recommend you use the Quick Loan Application for an instant loan. They do blackmail and send messages to your contacts. On the other hand, they spy on you.

1.5

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