The HFC Whizz Mobile Loan offers loan limits ranging from Ksh 500 to Ksh 50,000 with a payment period of up to 30 days. The loan approval process takes just a few minutes. The HFC mobile loan app loans have an interest rate of 7.725%. To check your loan limit, download the HFC Whizz app. The HFC Mobile loans are unsecured.
HFC Whizz Mobile Loan App screenshot in Play Store
To access the HFC Whizz Mobile Loan, download the HFC Whizz app from the Google Play Store. Alternatively, dial USSD code *618#.
The total cost of an HFC Whizz Mobile Loan includes:
Repay your HFC Whizz Mobile Loan in flexible installments. You can repay early without penalties, which helps reduce the overall interest cost. Make repayments through M-Pesa or directly via the HFC Whizz app. Repayments are typically made monthly, but the exact schedule will depend on your loan agreement.
To be eligible for the HFC Whizz Mobile Loan, you must:
Below is a representative example of the loan costs for different loan amounts. The loan cost includes a processing fee of 6% and an interest rate of 7.725%.
| Loan Amount (Ksh) | Loan Cost (Ksh) | Total Amount to be Repaid (Ksh) |
|---|---|---|
| 1,000 | 137.25 | 1,137.25 |
| 5,000 | 686.25 | 5,686.25 |
| 10,000 | 1,372.50 | 11,372.50 |
| 20,000 | 2,745 | 22,745 |
| Loan Thumbnail | Loan Name | Read more about loan |
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| Uba Pesa Mobile Loan | Read more | |
| Branch Mobile Loan | Read more | |
| Berry Mobile Loan | Read more | |
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| Pesa Pata Loan App | Read more |
HFC Whizz is an online loan application created by the Housing Finance Corporation, a Kenyan company listed on the Nairobi Stock Exchange market. The app provides loans to Corporation members who have downloaded the application and registered using their ID number. Once they create an account, they can access funds by applying for the desired loan amount through the app.
