Are you looking for a Fairmoney loan interest rate you are on the right page that will provide all information about the Fairmoney loan?
The Fairmoney loan interest rate is one of the low-interest instant loans you can get in Nigeria.
FairMoney is a top French-Nigerian FinTech company that is licensed to offer loans to customers in Nigeria.
They offer loans in a matter of minutes to Nigerians without any collateral. Since the company entered the lending market in Nigeria, the company has received glowing reviews from customers. The loan is accessible via its mobile application and offers a flexible interest rate.
Before you can enjoy Fairmoney loan interest rate, The procedure of signing up to FairMoney is straightforward because you can sign-up via your Facebook login. This eliminates all the stress of issues when making an application for a loan.
FairMoney is one of the top French-Nigerian FinTech companies that is licensed to provide loans to customers in Nigeria.
They provide loans in a matter of minutes to Nigerians without collateral. Since it entered the lending market in Nigeria the company has received a positive review from its clients. The loan is available via its mobile application and also offers a flexible interest rate.
The procedure of signing up to FairMoney is simple since you can sign up using Facebook. Facebook login. This is enough to eliminate the anxiety of issues when making an application for a loan.
Table of Contents
FairMoney credit needs to meet certain requirements
Here are the steps for obtaining a loan through FairMoney:
- Personal information that is essential to you, such as email address and name
- Bank Verification Number (BVN)
- Bank Account details
- Automatic Teller Machine card (ATM card). It is necessary since that is the card that is used to subtract you from the payment of loans.
- Your photo could be needed in real-time
- App. You can only make an application for a loan using the application
How do you get the loan through FairMoney Loan
Follow these steps to receive the advance you need from FairMoney:
1. Fairmoney Loan App Download
To qualify for an advance loan for an advance, you have to fill out an application. If you don’t have the app and you don’t have the application, it’s difficult to get an advance. The app is available only on Android. The app isn’t working with iOS, Windows, or Blackberry. That means you’ll have to own an Android phone to be able to access the loan. Go to the Google Play store and download the application.
Download the application
2. Join to receive a Fairmoney loan
Once you’ve downloaded and installed the application, the next step to do is to click it to join. It’s simple to sign-up using Facebook!
3. Answer a few of the questions to be eligible for a loan
In this phase, you’ll have to answer a few questions. Your answers will help the application in formulating the credit score. Based on this score, you’ll get a loan application. The loan offer you be offered is contingent upon various factors. If you can repay the loan on time, you’ll be able to discounts.
4. You must accept the loan deal
If you are offered to borrow money, the only thing you have to do is click for it to take the offer.
5. You can get a loan
After you’ve signed the loan, you’ll be able to get the money loaned right away.
If you are denied a loan, If you’re denied, you can apply again in 15 calendar days.
What’s the cost?
The amount you can borrow is between N1500 to N150 000. The amount you get depends on the credit score of you and other factors. If you repay the loan in time you’ll gain access to additional funds.
FairMoney Loan Interest Rate
Fairmoney loan interest rate is adjustable. You can borrow money and pay them back Between 4 to 24 weeks. Then, you can repay it in monthly installments. Monthly interest rates range between 2% and 28 percent. The maximum annual APR could be up to 13 percent.
The word “loan”
The loan’s term could range between 4 and 24 weeks.
The loan is due to be repaid
There are many ways to repay a loan. If you are applying for a loan, you will have to establish an ATM debit card. All you have to do is load the money into the account. Launch the app, then select payment, and then make the payment.
You can also pay through bank transfers or cash deposits using the following details:
Your Account’s Name MyCredit
Banking Name: Stanbic IBTC
Account Number: 0323462495.
Please add the code given in the app to your transfer reference/description.
It is crucial to contact customer service before and after the time you’ve made your payment to inform them of the payment. You may take a picture of the professor.
FairMoney Head Office
At the moment, they do not offer on-site assistance. This article will be updated in the event they ever do.
At the moment, they do not provide support via phone. This page will be updated when they’re able to.
FairMoney App on iPhone
The app is available for Android phones. The app can be downloaded the app via Google Plthe ay Store. Google Play store. There is currently no Fairmoney available for iPhone users as of the moment.
FairMoney website
The site is accessible onFairr money .ng
Conclusion On Fairmoney loan interest rate
If you have any question or comment about the Fairmoney loan interest rate kindly drop them below.
