Get instant loans and make payments - all in the PRESS LOAN app.
PRESS LOAN® lets you control your finances with a few clicks. You can get instant short-term loans for urgent needs, recharge airtime on your mobile phone, and make bill payments for services. It’s fast, secure, reliable, and works 24/7. Currently available in Kenya.
FEATURES ON PRESS LOAN:
- Get instant loans of up to Ksh 250,000 within minutes. No documents or collateral required
- Recharge airtime on any mobile network
- Pay bills for all your favorite services, such as GoTV/DSTV, KPLC Post Paid, Zuku, or buy Airtime
- Transfer money to friends and family
WHY PRESS LOAN?
With PRESS LOAN, easy financial transactions are just a few clicks away.
- No more waiting times or stressful bank visits. Our service is available 24/7 - you can perform transactions whenever and wherever you need it, right on your mobile device.
- No collateral, guarantors, or documents required. Just a data connection and a valid bank account.
- You use your money however you want to, no matter who you are. Whether you’re a student, salary earner or self-employed, PRESS LOAN can help you achieve your goals.
- Clear and easy to understand. We display all terms clearly before using any of our services. What you see is what you get. No hidden charges. No late fees.
- Get rewarded for positive actions. By repaying loans on time, performing transactions or referring friends, you can earn rewards on our platform such as larger loans, lower interest rates, and free cash!
- We give you a chance to save and at the same time access short and long term loans.
GET IN TOUCH WITH US!
PRESS LOAN is a service provided by a fully licensed and regulated finance company. While we offer a service that is 100% online, you can always reach us and learn more about our service via the following channels:
- Double-tap our pictures on Instagram: www.instagram.com/pressloan
- Read our blog: www.medium.com/@pressloan
- Visit our website: www.pressloan.co.ke
We’d love to hear from you!
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PRIVACY AND PERMISSIONS
When you download PRESS LOAN, we will ask for your permission to scan your financial SMS data and other information in order to verify your identity, creditworthiness, and provide you with the fastest loan in Kenya. We also use this to help you better understand and improve your finances with our personal finance manager. We take privacy seriously - all data you choose to share with us is encrypted and your personal information will never be shared without your consent.
CREDIT SCORE IMPACT
Failure to pay off any loans taken trigger a notice to the consumer credit reporting agency which would negatively impact an individual’s credit score. Late payments can also affect your ability to borrow in the future, so please ensure timely repayments of obligations.
FEES AND INTEREST
A PRESS LOAN attracts a one-off fee of 0 to 15% for the principal borrowed. It is intended to meet urgent, short-term cash needs. Loans range from Ksh 8,000 to Ksh 250,000 with repayment terms of up to 90 Days. We also do NOT charge any additional fees for late repayments or processing costs.
Please do not take a PRESS LOAN if you intend to service long-term debts. Short-term loans are extremely helpful in emergency cases, but rather expensive if compared with other types of loans and should be used with care. You can find more information on our Frequently Asked Questions (FAQs) section on www.pressloan.co.ke
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