Are you looking for Laura Plus Loan App download and other information about the loan app then you are are on the right article.
Lairaplus loan is a different loans app in Nigeria which will provide you with an immediate loan with no collateral or paperwork Their loan processing is swift, when your application is approved, you will get your credit funded within only a few minutes.
There is no need for an additional collateral or guarantor for this loan. If you have your phone you’re ready to go
Table of Contents
Lairaplus loan requirements
Below are the conditions you have to comply with prior to getting this loan.
Have a bank account
Have a source of income
Reside in Nigeria
Have a great credit score
Are you using a an intelligent phone that allows you to download this loan app
How do I apply for the lairaplus loan app
The first step is to go to the store on Google Play then download this loan app
Sign up with your name, bvn number and other information
You’ll be asked to tie your ATM card, which may cost you $30, make sure you do it and continue
After you have completed the registration, you will be logged in to your dashboard
In your dashboard, locate and click on the loan
You will also see the how much loan you can get
Accept the loan offer and hold off until the loan is paid.
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What amount can you get through the loan app lairaplus app
The Laura Plus loan app you can avail loans up to 100,000 dollars without collateral or paperwork but if you’re a first-timer, the amount you are eligible for will not exceed this amount, but as long as you continue to make loans and repay promptly the amount you are able to get will increase.
Laira plus interest rate on loan and repayment time
Lairaplus interest rates range from 5 to 20% based in the sum of the loan. The time to repay ranges from 7 days and 3 months. as well as the amount of the loan.
For instance
If you get #10,000 in loans for one month with 5percent interest rate
The amount due at the close of the month will be 10,500.
You must pay back Laura and the loan
To repay your loan, make sure you are on your dashboard
Click on the Repayment of loan
There is a an alternative method of repaying the loan
When you pay it will appear on your dashboard. If it is not then you must call them.
What happens in the event of a default
If you fail to pay, you’ll be penalized with an the increase in interest rates and if you choose not to repay anyhow your name and your Bvn will be sent to the credit bureau for blacklisting meaning you won’t be able to borrow another time in Nigeria until you pay off your obligation.
Is lairaplus loan legit
Yes, Laura Plus Loan is legitimate They will definitely give you a loan, however they do not have a license from CBN so be careful in obtaining a loan from them.
Our take on the Lairaplus Loan app
Lairaplus loan is genuine and they’ll surely grant you a loan if you meet their requirements, however due to the fact that they’re not licensed by CBN I’d advise you to be cautious when dealing with them.
You can see a positive review on their store, that means they’re doing things right
Conclusion
Lairaplus loan app will definitely provide you with loans in Nigeria however, I’d advise that you take it slowly don’t take a loans you will not be able to repay to avoid embarrassment. because they’re not licensed by CBN should anything go wrong, it could take a while before CBN interferes.