Rich Cash Loan App: Reviews | Download | Login

Richcash is a mobile app that offers online loans in Nigeria. It’s one of many loan apps available, and it’s important to be aware of both its potential benefits and drawbacks before you decide whether or not to use it.

How Does RichCash Work?

  • Download the Richcash app and create an account.
  • Provide your basic information like name, phone number, and BVN.
  • The app will check if you are eligible based on your age, income, and credit history.
  • If eligible, you’ll be presented with a loan option.
  • Choose the loan amount.
  • The app will then display the estimated interest rate and total repayment amount.
  • Upon approval, you’ll receive a notification and the loan amount will be transferred directly to your bank account.

Richcash Loan Requirements in Nigeria

Richcash Loan

  • Must be a Nigerian citizen: Only Nigerian citizens with a valid Bank Verification Number (BVN) can apply for a Richcash loan.
  • Must be between 18 and 55 years old: Richcash only offers loans to borrowers between the ages of 18 and 55.
  • Must have a regular source of income: You need to have a regular source of income before you can apply for a Richcash loan.
  • Must have a good credit history: Richcash may check your credit history before approving your loan.

Richcash Loan Pros & Cons


  • Convenience: You can apply for a loan anytime, anywhere through the app.
  • Fast approval: Richcash claims to approve loans in as little as 5 minutes.
  • Flexible repayment terms: You can choose a repayment term that fits your budget.
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  • High interest rates: Richcash’s interest rates can be as high as 30% per week, which can be very expensive.
  • Hidden fees: There may be hidden fees associated with your loan, so be sure to read the fine print carefully before you agree to anything.
  • Can reach out to your contacts: If you miss payments on your loan, Richcash can call your contacts to defame you.

Is RichCash Legit?

Richcash does indeed give out loans, but they have their shortcomings. They are not licensed with the CBN and for this reason, are operating illegally. Many users have also reported that Richcash called their contacts when they couldn’t repay their loans. Rich Cash loans also come with very high-interest rates and short repayment periods. Based on these factors, RichCash may not be safe to borrow money from as they are a loan shark.

Tips for Safe Borrowing

Below are general tips to apply to stay safe when borrowing money from any source:

  • Only borrow what you can afford to repay.
  • Make sure you understand the interest rate and fees before you borrow.
  • Have a plan for how you will repay the loan.
  • Don’t borrow money to pay off other debts.
  • If you have trouble making your payments, contact the lender immediately.

RichCash Contact Info

To contact RichCash simply send an email message to the email address and they will respond as soon as they can.


While RichCash promises to give access to quick loans, before logging into the app to borrow, check out safer options like credit unions or banks with small loans first. Instead of running after quick fixes that can hurt you in the long run, focus on building your financial health by saving and planning your budget.

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Many loan apps change their interest rates and repayment terms over time. Always review the terms and conditions carefully before downloading any loan app. B4loan doesn't promote any loan app, we just help you make informed decisions.

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