Swift Nigeria Loan App is a legitimate loan application that will provide you with a loans with no collateral or paper in Nigeria . There is no need to go anywhere using your smart phone. As long as you have an internet connection, you’re good to go.
With the swift naira loan you can avail up to 100, 000 loan with no any collateral or guarantor. Their loan processing time is quick within an hour of submitting the application. Your loan will be paid.
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The requirements to get a loan form quick naira loan application
As with other loan applications that are available before you can receive a loan from this app, you have to be able to meet certain criteria that are
Have a source of income
Have a bank and bvn account
Have a great credit score
You must be over 18 years of age
You must have a smart phone to download the app for loan
Should be credited at a max of 1 hour.
How much can you expect using the swift naira loan app
Through this loan application you can get loans up to 100,000 dollars without paper or collateral, however in the beginning, if you’re a first-time borrower, you may be able to reach this amount, the amount you are eligible for may not exceed $20,000, but as long when you continue to take loans and repay at the time you can, your credit amount will rise.
Rate of interest on Swift loan and time to pay between 5% and 15%, based upon the size of the loan secure. The time for repayment is 7 days and 90 days. as well as the amount of loan secured.
For the first time, you’ll be charged a higher interest rates and the repayment time will be cut short. This is to make sure you are tested as you use the loan application. This will grow.
The repayment of your quick loan
To pay off your loan go to your dashboard
Click on the link to repay your loan.
You will be presented with the an option to repay the loan
Select one and repay the loan
After you have made your payment, it will be reflected on your dashboard
If this is not the case, you need to make contact with them.
What happens if I fail to make payments?
If you default, you could be penalized with an the increase in your interest rate, which could be as high as 2% until you have paid back . If you do not pay in full, your name and bvn may be sent to the credit bureau for blacklisting. They could send defamatory messages to the person you have contacted.
Is swift naira loan legit
Yes, the swift naira loan is legal They will certainly give you money, but they do not licensed by CBN or insured by NDIC
Our verdict on swift naira loan
The loan Swift Nigeria is legitimate They will definitely give you money. They have a good reviews of the play store at the time of writing this article.
They do not charge a processing fees which is an advantage, however their interest rates are high. In all, be cautious when you take loans from this application since they do not have a license from CBN or insured by NDIC
Conclusion
This is how you can get the loan through the swift Nigerian loan It is certain that they will