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Home Loan Review Download Specta Loan App For Free

Download Specta Loan App For Free

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Specta loan app is powered by Sterling Bank, which gives access to salary earners and business owners; Specta Loan Download App is here

The Specta loan in Nigeria is the most renowned lending institution, which allows you to access up to N5 million in one transaction within just 24 hours of making an application.

It aims to offer an easier way to receive a quick loan and credit through standard methods of processing data and analytics to analyze loans and remove the problems associated with the traditional lending system.

specta loan

For a Specta loan, You don’t need collateral, guarantors, or even a trip to any branches. By sitting in at the convenience of your own home, you can submit your application and be approved without any paper documents and all for no cost!

Specta Loan gives you access to loans that go up to N5,000,000 without collateral or paperwork, and you’ll receive the money within 5 minutes. This makes it the top product for loans in Nigeria.

In this article, I’ll walk you through a step-by-step procedure for applying for a Specta loan and getting it approved effortlessly. In this regard, it is recommended not to miss a degree so that you don’t miss any crucial details about applying and getting approval from the Specta company.

The platform is accessible nationwide and provides loans to all salaried workers, regardless of their profession. It offers salary advances along with asset acquisition, as well as personal loans (rent, education, wedding medical, etc.). A crucial thing to keep in mind when applying in the application process for a Specta loan I that it has to be a part of an organization.

Specta Loan Requirements

The Specta loan option you select will determine the conditions, but generally speaking, you’ll require

  1. The bank’s account number(sometimes they only accept sterling accounts)
  2. Bank Verification Number
  3. A valid method for identification
  4. valid email address
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How to Apply for a Specta Loan

For an application to get a Specta loan, Follow these steps

Request to be profiled in the person of an individual or company via email at Specta

  1. Choose the loan option that you feel is the best fit for your needs.
  2. Start the fill-in process by selecting the loan offer
  3. Complete the application form and send it in
  4. If you’re eligible and your application is approved, the bank will debit your account immediately.

Spectra Loan Interest Rate and Repayment Procedures

The interest rate of Spectra Loan depends mainly on the loan amount you want to apply for. The interest rate for loans is 25.5%-28.5percent. One-time insurance payment: 2.5%. One-off payment for Management fees is 1.5 percent. Repayment Period: 1-12 months. Penalty fee – 1%.

The repayment of the loan also depends upon the terms of the loan. A refund can be anywhere from 1 to 12 months without any moratorium. The Specta Loan financial institution has set up the monthly installment plan and encourages you to adhere to the schedule. You can, however, make payments up to two or three months in advance, but not the ear.

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How to apply for Specta loan application

To apply for Specta Loan, kindly follow the instructions in the following steps:

  • Select the loan option that you think is suitable
  • Begin by clicking on the “Loan Offer” Button
  • Complete the application form and click Submit.

If your application is approved after which, you will be credited with the loan you requested.

What Spectra Loan Offers

  1. Spectrum Xtreme: The program does not require profiling and is accessible to salaried workers and business proprietors. It is available for two million dollars in a maximum tenor of 1 year.
  2. Standard The package is only available to entrepreneurs with an account with a Sterling bank and employed employees (regardless of the bank they use). It is known with the possibility of up to five million in funds with a maximum tenor of four years and has a variety of interest rates.
  3. The Specta Prime package lets you make money from investments while lending for urgent requirements. You can borrow money in the following currencies: Euro, Naira, Dollars, and Pounds.
  4. Aspecta Allawee:  Youth corp members aren’t excluded as this package lets corporators access funding to help them expand and pursue their entrepreneurial goals.
  5. The Specta Quick Cash loan program is available to all, regardless of bank. It can provide up to N20,000 in quick cash to those who meet their past transactions and online reputation.
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Download Specta Loan App

To get the Specta Loan Download App to enjoy all the benefits that come with the loan app, you can download Specta Loan Download App

The Specta loan application is a sophisticated mobile financial app created by the firm to facilitate applicants person or company who wishes to apply for the Specta debenture. The app for mobile is accessible in the Google Play Store with a score of 2.6/5.0 at the date of this article. However, you should know that 2.6/5.0 is an acceptable score on Google Play Store. It indicates that the users aren’t delighted with the app for mobile; therefore, you should consider using the official site mentioned above.

Specta loan provides loans to 2 kinds of organizations. The two types are listed below.

  • Individual
  • Business


With Specta, you can access personal loans of up to a million with no collateral in just 5 minutes.


Get more sales through Specta by joining to begin receiving payments from customers who have Specta spending limits. You can also receive up to N2M to help you start or expand your company.

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