FREQUENTLY ASKED QUESTIONS
It is an innovative lending platform created to connect people with their dreams by providing affordable finance to help them meet personal obligations.
Simply review the product options, once you have a product that satisfies your need, asses the loan to be sure you are comfortable with the terms, fill the application form and submit all relevant documents online or physically.
You must be between the ages of 21-55 years.
You must have been in current employment for at least one year or provide a guarantor that meets this criteria.
You must work and reside in Lagos.
You must not have history of default on previous loan or history of returned Cheque(s).
Passport Photograph signed at the back.
Letter of employment/confirmation or promotion
Valid Means of identification
Employer ID Card
6 month bank statement showing at least the last six month salary credit including the last salary
The Maximum amount you can borrow depends on your income and other loan obligation you have, generally, you can borrow up to 200% of your gross monthly income.
The rate charged is flexible depending on your credit score, the risk profile and the type of product you require. A fixed loan processing and management fee of 5000 is charged upfront.
First time customers can repay over a period of 3 - 6 months; and up to 12 months for returning customers.
Repayment will be through submitted repayment instrument(s) provided by you. Direct bank transfer is allowed but repayment instrument must be submitted as part of your application documentation.
Yes you can pay off your outstanding loan before the end of the tenure at no additional cost.
Yes, you can rollover or restructure your loan. Rollover or restructure fees apply.
Partial instalment is not allowed. Penalty applies for outstanding payment on any instalment.
Default on your loan payment has negative impact on your ability to get further credit across all financial institutions. We submit borrower data to credit bureau, your repayment history and default will be available to all financial institutions. We employ the service of collection agencies and all legal means to collect recalcitrant loan and will apply relevant penalties including daily late charges. This collection and legal action may affect your guarantor.
You can apply immediately for a new loan facility.
Please contact our customer service representative on
0908 070 2006 or send an email to firstname.lastname@example.org