Cashbus is a mobile loan app in Nigeria that offers quick cash up to ₦30,000 with repayment in 1 week to 1 month and interest “from 1% per day” (about 25.5% per month).
To access it, download the app and request a loan on your phone, since it is an online personal loan platform, and money will be sent to you within minutes.
In simple terms, you download the Cashbus app, register with your details, and request a loan, and if approved, the funds will be sent into your bank account.
To get started, download the official Cashbus app (APK file) on the Cashbus website. The official Cashbus site is cashbus.co; to download it, follow the download link.
Note: The Cashbus loan app is not available on the Google Play Store right now.
How to download Cashbus Loan APK
On your Android phone, open your browser and go to cashbus.co. Tap the download button. Your phone may warn you about installing from unknown sources – allow it so the app can install. Once the APK file is on your phone, tap it and follow the instructions to create an account.
After installing, open Cashbus and sign up. The app will ask for your phone number. Use the phone number linked to your Bank Verification Number (BVN) so you can easily verify your account.
Cashbus will send a one-time password (OTP) to that number – enter the OTP to confirm. Next, fill in your personal details (KYC information): name, home address, next-of-kin, employment, etc..
You will also need to enter your BVN for identity verification.
Once all info is submitted and verified, you will be able to open an account.
After registration, Cashbus usually logs you in automatically. Each time you open the app afterward, you will log in with your phone number and OTP (or a PIN, if you set one) to access your account.
Using Cashbus is straightforward. After you register and log in:
Request a loan: In the app, choose how much money you want and submit your loan application.
Quick review: Cashbus runs an automatic credit check using your BVN and phone data. According to Cashbus guides, this “software will analyze your credit score” right after you apply.
Fast decision: Approval usually happens within minutes. The app notifies you immediately if the loan is approved.
Get funds: If approved, Cashbus deposits the money directly into the bank account you provided. Many users report seeing funds arrive shortly after approval.
Repay: You then repay the loan plus interest by the due date (typically 7–30 days later). The cycle can repeat: after paying back on time, you may qualify for larger loans next time.
This is the basic flow: apply, wait a few minutes, get money, repay on time.
Loan Terms and Fees
Cashbus loans are very short-term and high-cost. As noted above, the repayment period is usually just 1 week to 1 month. The interest rate is high – at ~25.5% per month. It can also be about 35% (the details can vary). On top of that, there is a processing fee (often around ₦100).
In summary: if you borrow ₦10,000 for two weeks at ~25% monthly interest, you’ll owe around ₦12,500. Because of these costs, use Cashbus only for emergencies or urgent needs.
Always double-check the exact interest and fees shown in the app before you borrow. And plan to pay back on time – late fees and extra charges can be steep if you miss the deadline.
Customer Support
Cashbus provides contact details if you need help. It customer service number is 09022428163. You can call that for questions. Their official site (cashbus.co) is also a point of contact.
Be aware: like many quick-loan apps, Cashbus is approved by Federal Competition and Consumer Protection Commission (FCCPC).
Screenshot showing cash bus FCCPC approval
That means the app must apply by the FCCPC-CBN lenders rules and regulations.
Tips and Warnings
Here are a few friendly tips to use Cashbus wisely:
Borrow responsibly: Cashbus itself advises using these short loans for emergencies only, not everyday spending. Only take what you can repay on time.
Check terms: Always review the loan terms (interest rate, fees, repayment date) before accepting a loan.
Grant permissions carefully: To verify your identity, Cashbus will ask for permissions on your phone. For example, it may read your contacts, SMS, and app usage to build a credit profile. This is how they check if you use other loan apps. Only grant these if you trust the app.
Stay up-to-date: Use a modern Android phone with good memory; you’ll need to take a clear live selfie during registration. This step confirms your identity.
Repay on time: Paying by the due date avoids extra penalties. Building a good repayment record can help you qualify for higher loan amounts in future.
Watch out for scams: Only use the official app and website. Ignore unsolicited calls or ads that say “easy loan, no BVN needed” – always download directly from cashbus.co or the Play Store link.
By following these steps and cautions, you can use Cashbus to meet a cash crunch without surprises.
Remember, Cashbus is one of many digital lenders. It’s meant to be a helpful quick fix – so use it wisely, pay on time, and keep track of all terms for peace of mind.
