It is easy to apply for a loan using Scoppe Loan App, it requires users to be above the legal age of 18 years with a valid passport or identification card. You must have a Facebook account or a Google account.
The Loan App scans your SMS folder for Mpesa transaction history and your voice call pattern history to build a credit score.
How to apply a loan using Scoppe App
- Download the Scoppe Loan App from Google Playstore
- Sign up with Facebook or Google
- Provide your ID number
- Input your mobile phone number
- Wait for the app to evaluate your loan limit
- Click on ‘Loans’
- Select ‘Apply Loans’
- Put the Loan the amount you want
- Select the Duration of payment
- Wait for the loan to be processed
The interest rate is 1% per day.
Once approved, you will receive the loan within minutes to your MPesa number. Repayment duration is between 7 days to 1month. Repayments are made weekly.