Loan Chacha: Your Trusted Partner in Financial Solutions

In the ever-evolving world of finance, finding a reliable and trustworthy partner can be a daunting task. Look no further than Loan Chacha, your one-stop destination for a wide range of loan solutions tailored to your specific needs. Founded in 2017 by the visionary Rajiv Middha, Loan Chacha has established itself as a leading loan distributor in India, bridging the gap between borrowers and financial institutions.

Our unwavering commitment to customer satisfaction is at the heart of everything we do. We believe in building long-lasting relationships with our clients, ensuring that they receive personalized attention and expert guidance throughout their loan journey. Our team of experienced professionals is dedicated to simplifying the loan process, making it as seamless and stress-free as possible.


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At Loan Chacha, we empower you to take control of your finances and achieve your dreams. With our tailored loan solutions and unwavering commitment to customer satisfaction, we are your trusted partner in financial success. Contact us today to embark on your journey to financial freedom

Goldman Sachs has begun researching its right to call in the 300 billion won ($265 million) loan it provided against Coupang Corp.'s two distribution centers since the recent devastating fire burned down one of the loan's collateralized properties, according to investment banking sources on Tuesday. But the US investment bank has made no decision yet in that regard, a source close to Goldman said.


Back in 2017, Goldman Sachs Special Situations Group (Goldman Sachs SSG) provided Coupang a five-year loan that used the inventory in its two warehouses as collateral as well. Coupang, South Korea's No. 2 e-commerce platform, has reportedly been paying an average annual interest rate of 5.5% on the loan.


Earlier this week, the Maeil Business Newspaper reported that Goldman Sachs was considering calling in the 300 billion won loan on the back of the deadly fire. To do so, Goldman was reviewing whether the fire constitutes an event of default (EOD) that gives the lender the right to demand loan repayment before the due date, and Coupang may take it as an opportunity to switch to a cheaper loan, the daily added.


Specifically, it is researching with its legal advisors whether the damage can be regarded as complete destruction by fire that qualifies for early repayment of the loan, according to the report.


On the one hand, "it was insured against damage and losses caused by a fire, and Coupang has enough money. They may have no reason to call in the loan now," one of the sources told Market Insight. On the other hand, one of two key collateral properties was destroyed by the fire.


The fire damage is estimated at several hundreds of million dollars, for which Coupang is reportedly expected to receive about 360 billion won ($320 million) in insurance money.


The Deokpyeong distribution center, the warehouse burned down by the fire, was as big as 15 soccer fields combined. The four-story facility was built on land measuring 63,241 square meters in Icheon, Gyeonggi Province, southeast of Seoul. 


The other warehouse, offered as collateral as well, was constructed on the site measuring about 40,000 square meters west of Seoul. Coupang had spent about 400 billion won in building the two distribution centers in 2016 to step up its same-day "Rocket Delivery" services.

The Federal Government of Nigeria through the Federal Competition and Consumer Protection Commission (FCCPC) said it has made a request to Google to remove 4 loan apps being used for unethical practices from the Play Store. The apps to be removed are Maxi Credit, Here4U, ChaCha, and SoftPay.

Last year August, the National Information Technology Development Agency (NITDA) fined Soko Lending Company Limited (Soko Loans) the sum of N10 million for privacy invasion. Soko loan app was subsequently removed from the app store following the request of the FCCPC.

They should as well Ban ZUMA CASH, because this people are criminals, imagine this loan app loaning money to someone and at the same time,reverse the transaction and be expecting you to repay the money you did not use in 7days with an interest of about 2x the amount you borrowed.

Chacha is a reliable and secure online loan app that is dedicated to helping individuals in Nigeria with their financial needs. We understand the importance of access to credit and the impact it can have on one's life. That's why we have made it our mission to provide instant, easy-to-access loans to those in need.

Our company profile showcases our commitment to excellence and customer satisfaction. We have a team of experienced professionals who work tirelessly to ensure that our clients receive the best possible loan experience. Our goal is to be the leading provider of safe and reliable online loans in Nigeria.

Chacha was founded with the aim of providing Nigerians with a safe and easy-to-use platform for accessing loans. Our focus on customer satisfaction and providing excellent customer service sets us apart from the competition. We believe that everyone deserves access to credit and we are committed to making it a reality for our clients.

At Chacha, we offer a range of loan services that cater to the needs of individuals and businesses. Our instant loan service is designed to provide quick access to credit for emergency needs such as medical bills, family emergencies, and much more. Our loans are available at competitive interest rates and with no hidden fees, rollover charges or transaction fees.

Our mission is to provide access to credit for all Nigerians, regardless of their financial situation. We believe that access to credit can have a significant impact on an individual's life and we are dedicated to making it a reality for as many people as possible. Our goal is to help entrepreneurs grow their businesses and assist individuals with emergency needs through our instant loan service.

Our vision is to be the leading provider of safe and reliable online loans in Nigeria. We strive to provide our clients with the best possible loan experience and to be a trusted partner in their financial journey.

Chacha is the ideal choice for those in need of instant access to credit in Nigeria. Our platform is designed with ease-of-use in mind and our loans are available at competitive interest rates. We are committed to protecting the privacy of our clients and take great care to encrypt their personal data. Our focus on excellent customer service, security and reliability makes Chacha the first choice for online loans in Nigeria.

Chacha offers loans to Nigerian citizens over the age of 20 who have a stable job and are able to repay. Our goal is to help as many people as possible, and our loan eligibility requirements reflect this commitment.

At Chacha, we take the privacy of our clients very seriously. With your permission, we will use the data on your phone to verify your identity and create a credit score for easy access to personal loans. We promise to never share your information with third parties and to encrypt the data you choose to share with us.

If you have any questions, feedback, or concerns, please don't hesitate to contact us at services@chacha.com. We are always happy to help and are dedicated to making your loan experience as smooth and stress-free as possible.

In conclusion, Chacha is the ideal choice for those in need of instant access to credit in Nigeria. Our platform is designed with ease-of-use in mind, our loans are available at competitive interest rates, and we are committed to protecting the privacy of our clients.

This app is no more as it used to be they make you go all the way to bind yoir card and then, they will take eternity before giving the loan with enormous interste rate. I will not recommend them to anyone at all.

This is a scam app, their loan 100% interest rate. Just to click on it to see loan options. i got an alert, with 100% interest rate. I have paid the money i they paid into my account. I'm not paying any interest, they're scammers.

This app automatically belongs to scammer, i made a very terrible mistake by given them my atm card pin and the card number when i filling the loan form, so after filling the loan form they are now telling me that, there is no load for now that i should try again after 30days, am even afraid of sending money to the account now, so don't download this app, everything about this app is fraud and scammers

The bank, which last year alone disbursed over Sh1 trillion in new loans, signed two long-term loans amounting to Sh546 billion and a Sh26 billion credit guarantee facility with European lenders during the Tanzania-EU Business Forum that ended on Friday last week.

The amount includes a credit line of 100 million Euros from the European Investment Bank (EIB); a $125 million syndicated loan arranged by Dutch Entrepreneurial Development Bank (FMO) and another $11 million risk sharing facility from FMO.

Coborrower- Relative with good income who can support your education loan application. Typically it can be your Father, Mother, Brother, Sister, Spouse, Cousin, Paternal Uncle (Chacha), Paternal Aunt (Chachi), Maternal Uncle (Mama), Maternal Aunt (Mami), Grandfather, Grandmother

Collateral- Security which can support your loan amount is a collateral. It can be a Flat, House, Non-agricultural Land, Fixed Deposit, etc. Sufficient and good collateral security improves loan application significantly.

Shivpal Yadav and his nephew Akhilesh Yadav, known as "chacha-bhatija," came together despite ups and downs in their relationship to ensure Dimple Yadav victory in the byelection after SP founder Mulayam Singh Yadav's passing.

I noticed there was growing interest in candy buffets at weddings, and I talked to dad about it. He gave me a small loan to buy some glassware and get set up, and I registered Cha Cha Chocolate as an event-based business. I have always been really creative so I started styling beautiful candy buffets for weddings with vintage glassware, beautiful fresh flowers and tablecloths. I did that for about five years then focused more on wedding favours and personalised chocolate bars. 2351a5e196

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