Apps, Consumer Reviews, Loan Apps

Timiza loan app reviews

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Honest Timiza loan app reviews. The Timiza app is a product of ABSA Bank of Kenya, a member of ABSA Group Ltd (formerly Barclays Africa).

The app is downloadable on Play Store and App Store. You can also access the services on the app by dialling the Timiza loan USSD *848#.

Timiza loan app charges an interest of 6.17 percent pm for any amount. All instant loans are payable within 30 days. After opening your account, it is supposed to be active lest the bank declares it dormant if not used for 12 consecutive months. Thereafter, the bank closes it.

Timiza account holders can get loans from KES 50 to KES 1,000,000. The ban determines the loan amount one qualifies for using various parameters, including CRB status.

A quick look at Timiza loan app reviews shows some complaints of the app sometimes failing partially or wholly. For instance, some users could not transact anything including buying airtime or paying bills. Sometimes the app just freezes leaving the user in the blue when they need it most.

Another review shows a loan repayment wasn’t captured and a rollover fee for late repayments applied to a customer’s account.

From the Timiza loan app reviews, it appears the loan facility is welcome but the app is failing its mission. Lots of work in progress.

Have you used the Timiza loan app before? How is your experience on customer care, products and access? Share your reviews below to help other customers and the app developers.

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