Comparison

Fidelity FastLoan vs Neocash Mobile

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Fidelity FastLoan

This finance app enables users to apply for and receive micro loans quickly. It offers instant disbursement within minutes, with flexible repayment options. No documentation, collateral, or bank visits are required.

Highlights
  • Instant micro loan disbursement
  • Loan repayment options
  • No documentation required
  • No collateral needed
  • No bank visit necessary
Features
Read full description

FastLoan is an application from Fidelity Bank Plc for processing micro loans. The application allows for instant disbursement of loans within 2 minutes as well as seamless repayment of loans through various flexible options without documentation, collateral or bank visit.

About

Neocash Mobile

This app offers quick and easy personal loans to Lagos State residents, with amounts ranging from ₦5,000 to ₦5,000,000. Apply in minutes with no collateral or guarantor required for most loans. Funds are credited upon approval, with flexible repayment terms and transparent APR.

Highlights
  • Loan amounts up to ₦5,000,000
  • Flexible repayment tenure
  • Fast loan approval and disbursement
  • No collateral or guarantor required
  • Secure and reliable platform
  • Transparent APR and fees
Features
Read full description

LAGOS STATE RESIDENTS ONLY Whatsapp: 08081250499 ₦5,000 to ₦25,000,000, apply in just 5 minutes! No Collateral, No Guarantor, No Time! NeoCash is a new app from Shepherd Trust Microfinance Bank. We have been providing financial services to all classes of Nigerians since 2011, and are now bringing the same quality customer service right into your hands. We are on a mission to give a human touch to digital banking and as we scale, we’re bringing with us the same people-centric, customer focused culture we’ve always strived to build locally. Download our app now and apply for a loan in less than 5 minutes. Why Use NeoCash? - Borrow up to ₦5,000,000 - Choose your payment tenure - Fast and easy access to loans, with no hidden charges - Account is credited as soon as the loan is approved - No collateral or guarantor needed for most loans - NeoCash Loan App is extremely secure and reliable Loan characteristics Loan amounts from ₦5,000 to ₦5,000,000 Repayment period from 61 days to 12 months APR from 30% to 120% per annum Loan Requirements - A steady and verifiable source of income (Job or Business) - Bank statement (to prove income) - Gov't issued ID Card - A good credit history An example of a NeoCash loan Borrow ₦100,000 over 3 months Interest (total cost of the loan): ₦7,500 (2.5% rate) Three monthly repayments: ₦35,833 Total amount payable: ₦107,500 Representative: 30% APR

Screenshots

Fidelity FastLoan4 screens
Neocash Mobile4 screens

Verdict

The call

The clearest difference is rating: Neocash Mobile at 3.3 against Fidelity FastLoan's 2.5. Fidelity FastLoan's advantage is ratings volume (40 vs 7) and iOS requirement (9.0 vs 15.6). On price, review sentiment, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Neocash Mobile holds the better App Store score, 3.3 against 2.5. That said, the two scores are not equally well evidenced: Fidelity FastLoan has 40 ratings behind it against 7, so its average is the more settled of the two. Written reviews complicate that: 20% of Fidelity FastLoan's written reviews are positive against 14% of Neocash Mobile's, so the app with the better star average is not the one people write more warmly about.

Scorecard3 real differences · 7 level
Fidelity FastLoan versus Neocash Mobile: the parameters behind the verdict, then further details
ParameterFidelity FastLoanNeocash Mobile
PriceFreeFree
Rating2.5 (40 ratings)3.3 (7 ratings) — better
Positive reviews20.0% of reviews — better14.3% of reviews
Number of ratings40 — better7
Update frequency—Every 3 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS9.0 — better15.6
Further details — not scored
Size54 MB159 MB
Age rating17+17+
DeveloperFidelity Bank PlcShephard Trust Bank

Customer experience

Fidelity FastLoan

All ratings29 ratings
Positive27.6%
Neutral13.8%
Negative58.6%
Written reviews5 reviews
Positive20.0%
Neutral0.0%
Negative80.0%

Neocash Mobile

All ratings7 ratings
Positive57.1%
Neutral0.0%
Negative42.9%
Written reviews14 reviews
Positive14.3%
Neutral7.1%
Negative78.6%

In-app purchases

None

Fidelity FastLoan

No in-app purchases

None

Neocash Mobile

No in-app purchases

Questions

Is Fidelity FastLoan free?
Fidelity FastLoan is free to download, with no in-app purchases.
Is Neocash Mobile free?
Neocash Mobile is free to download, with no in-app purchases.
Which has better reviews, Fidelity FastLoan or Neocash Mobile?
Neocash Mobile is rated higher. Fidelity FastLoan averages 2.5 out of 5 from 40 ratings, while Neocash Mobile averages 3.3 from 7 ratings.
Do Fidelity FastLoan or Neocash Mobile have ads?
Neither Fidelity FastLoan nor Neocash Mobile shows ads.

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