Are you interested in a secure mobile loan, HF Whizz App is one where you are assured of safety and low-interest rates. Keep here to learn how to download and apply for a loan from HF Whizz loan app.
With the hard economic situation ravaging most African countries, Kenyans are looking for suitable alternative ways to obtain loans. The bank has not been of help in this harsh financial situation with their stringent policies and high-interest rate.
However, the emergence of mobile loan apps has come to ease the economic hardship of Kenya. One of such mobile app is HF Whizz, which has become very popular in Kenya.
The platform is easy to register, use, and has a flexible policy on their loans as one can get a loan with less hassle than one does in a bank.
With the way HF Whizz loan is going, the banks are going to feel the impact of this app as Kenyans are taking advantage of this loan offer to better their life.
You can make a payment on this platform and carry out other banking functions with ease and comfort without going to the bank.
What is HF Whizz APP?
HF Whizz app is one of the upcoming mobile loan apps in Kenya. HF Whizz has taken advantage of the mobile loan app revolution in Kenya, which is one of the countries that have the highest number of mobile loan app users.
Housing Finance Whizz is a digital service subgroup of Housing Finance Group which was launched some 52 years ago.
The group first started as a mortgage company, but with the increase in digital awareness, it has now shifted to the world of digital finance.
The HF Whizz loan app is their flagship to the workforce of digital finance, and this is just the tip of what they can offer.
HF Whizz app is making it more accessible as you can perform all that the bank offer with this mobile app. There is no point going to the bank, staying on a queue, spending precious hours on the bank to transact a banking activity.
The app allows you to open an account in less than 5 minutes, and you can start using it instantly.
And guess what, you do not need to go and verify your account when you open with HF Whizz as they will use the details on your M-PESA account to check your profile.
So you see that it is way easier to open an account with them than you would in the bank.
In less than 10 minutes, you have completed the process with opening your account and set to carry out your first transaction.
Check out more on these money lending apps in Kenya
How Does HF Whizz Work?
The app is available on Google play store and IOS platform, as you can install it on your device and start using.
As we have mentioned, the registration does not waste time as you do not need to fill in your detail, for it has been gotten from your M-PESA account.
This platform target young people and small scale entrepreneurs, who may need credit facilities to handle personal matter until they get paid.
Understandably, money may not be available at all time, but bills will still need to be paid, and one has to attend to family issues.
This is where HF Whizz comes to play, offering loans for 7.7% interest rate, which is one of the best deals you can find.
How do I Download the HF Whizz App
To download the HF Whizz app, you should follow the steps shown below:
Step 2: Go to the search menu and type HF Whizz, as you download it from the app store.
Step 3: Install the application on your phone and register to start using the app.
Step 4: You can start using the app as you apply for your loan.
Check also Timiza Loan App
How do I Create an HF Whizz Account
The step to use in creating an HF Whizz account is very easy. This includes the following steps:
- A phone and an ID card.
- Register your details on the HP Whizz platform.
- HP Whizz solution will send a pin which you will use to activate your account.
- You now have access to your account, and you can log in to start your operations
How to apply for a loan on HZ Whizz
To be eligible to apply for a loan on the HZ Whizz app, one must have deposited Ksh 200 on the platform before you can qualify.
You will then follow the steps shown below to apply for a loan after you have successfully opened your account and logged in:
- Go to the app on your device and begin.
- Put in your log in details and log in.
- Go to loan.
- You then select the period of the loan you want.
- You then input the amount you wish to within the limit allowed on this platform.
- Tell us why you want the loan (reason).
- You then click on proceed.
You will get the loan on your HF Whizz account and can quickly transfer to your MPESA account where you can use it.
Your HF Whizz account does not support all kinds of transaction, and you can do more with your MPESA account.
You should endeavour to repay the loan on time to improve your credit, which will make it easier to apply for more loans. You have within six months to repay the loan.
Check out Tala loan app
How to repay HZ Whizz Loan
The loan repayment process includes the following steps:
- Open the application.
- Log in using your details.
- Select loan on the app.
- Then proceed to select repay the loan.
- Enter the amount you wish to repay.
- Then click on continue and pay with your HF Whizz account.
You can use the pay by MPESA account if your HF Whizz account is empty and you will be informed upon completion of the payment through your HF Whizz and MPESA accounts.
What is the HF Whizz Interest Rates?
The HF Whizz loan ranges between KSh 1000 to Ksh 50,000 with an interest rate between the ranges of 7 to 10%.
How do I Contact HF Whizz
You can contact HF Whizz app through the following means:
- You can reach out to the support through the “Contact Us” on the app. When you visited the app and logged in through your system, go to the top left corner where you will find “Contact Us” and click to reach out to the support team.
- You can also reach to the support team through any of their social media pages or platform, search for them on the search bar on these social media platform like Facebook, Twitter
- You can also call them on the phone using 0800721400, and the number is toll-free.
Now that you have known about the HF Whizz banking app, you can join those that are presently enjoying the benefits offered by this platform.
Make life more comfortable, and enjoy benefits such as fast banking, ease in your loan application, flexible interest rate, and good repayment options.
You can do all this at the comfort of your home without going into the bank when you download this app on your phone or any of your devices.
It is free to download on your Android or IOS device by visiting their store.
You can also learn more about Branch loan App