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Interswitch – Everything you need to know

If you own a business that needs a payment solution specifically designed to suit the needs of your company and its customers, you do not need to worry. Interswitch is a company that designs digital payment solutions for businesses. This makes it possible for payments to be easy and seamless. When all payments are made digitally, customers get less stressed and your business moves smoothly.

Interswitch
Interswitch

An Overview of Interswitch

Interswitch is one of Africa’s leading integrated payments and digital commerce platform companies. Basically, this company designs and promotes digital payment solutions for businesses, making it possible for businesses to thrive.

The privately-owned company was established in 2002 in Nigeria, as a transaction switching and electronic payments organization with a national focus. Over the years, they have grown to integrate consumer financial services by successfully launching Quickteller, a retail payments ecosystem. Basically, the organisation aims to create and uphold a payment ecosystem that helps businesses grow and individuals thrive.

What Products does Interswitch offer?

Here are the products that this platform offers people: 

1. Everyday Payments for Individuals 

Basically, this platform enhances your digital lifestyle with payment solutions you can use every day. This category is further subdivided into Quickteller and Quickteller Paypoint. 

2. Payment Solutions for SMEs and Corporates

With this platform, businesses have access to faster solutions for transaction processing, remittance, and enablement. 

3. Payment Cards and Tokens

You can obtain fast payment cards (Verve) for the smooth running of your business. Basically, there are primarily three types of Verve cards. They are: Verve classic cards, Verve Prepaid Card, and Verve paycode

4. Payment solutions for industries 

This involves providing Industry-centered payment solutions for sustainable growth. These include Interswitch health, lending services, transport, energy, and loyalty services.


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


How can I register on Interswitch?

To register and access any product this platform offers, you need to contact a consultant directly. Here’s how to do this:

1. Visit their official website.

2. Next, scroll down to the bottom of the page and click on “Contact Us”.

3. Thereafter, click on ‘contact a sales consultant’ to direct you on how to register and access their products.

However, if you want to register as an individual and access basic services, just download the Quickteller or Verve World app and register through the app. 

How can I become an agent for Interswitch?

The steps to becoming an agent for this platform are simple. Follow these instructions: 

1. Go to their official website through the direct link below. Click on “Financial Inclusion” in the taskbar. 

2. Next, scroll down and click on “Sign Up To Become An Agent”.

3. Thereafter, read the requirements and if you meet them, you can scroll down to where you will find an application form. 

4. Enter your details on the application form and tap “Get Started”.

What are the requirements for becoming an agent for Interswitch?

Basically, if you want to become an agent, you must meet the minimum requirements below:

1. Possess a valid business location. The location of your business should be in a visible and open area or have a reasonable number of customers. 

2. Contact the platform and provide personal and business details. Thereafter, you must fill out the agent registration form and contract form.

3. Submit copies of your proof of ID and your location documents (both hard copy and scanned).

4. Pay the startup capital to an IFIS-designated bank account. Basically, this money will find your trading account. 

5. You must be willing to get trained in the roles you need to do as an agent. 

What documents do I need to register as an agent?

To become an agent, you need your full details including your first and last name, email address, phone number, and company name. 

How can I download the Interswitch mobile application?

There are different types of mobile apps for this platform. So, it all depends on the product you are interested in. Basically, you can download either Quickteller or Verve World. To download Quickteller, follow these steps:

1. Go to the App Store on your iOS device. If you use android, go to Google Play Store.

2. Next, type “Quickteller” into the search bar

3. Download the app and register your account.

If you want to download Verve World follow a similar procedure. Just search for Verve World instead.

How can I contact Interswitch?

You can contact Interswitch via the following ways:

Address: Plot 1648C, Oko-Awo Close Victoria Island Lagos, 80164 Nigeria

Phone Number: 234-1-628-3888

Website: www.interswitchgroup.com

Bottom line 

Interswitch designs and promotes digital payment solutions for businesses, making it possible for businesses to thrive. Also, they promote financial inclusion through their agent programme. Everything this company does is aimed at improving the payment ecosystem of both Nigeria and Africa at large. 

You can obtain a comprehensive loan, tailored to your specific needs by using this platform. Basically, it allows you to compare loans from different lenders across Africa, ensuring the best option doesn’t slip through.

PayHippo – An easy way to borrow loans for your business

Do you have a business and need instant loans to keep it running? You are in luck because some digital lending platforms are capable of financing your business. PayHippo is a prominent digital lending platform in Nigeria that provides loans to entrepreneurs so that they can find their businesses. With this platform, you are sure to obtain a loan within 3 hours. It is easy, convenient, and secure. 

PayHippo
PayHippo

An Overview of PayHippo

PayHippo is a technology-powered lending platform. Basically, this digital lender offers loans to small and medium-sized businesses, making it easy for people to finance their businesses.

The platform was founded in 2019 by Chioma Ruky Okotcha, Uche Nnadi, Zach Bijesse. If you apply for a loan on this platform, they guarantee that you will receive it within three hours. 

What products does PayHippo offer?

This digital lending platform primarily offers collateral-free loans to individuals and businesses in Nigeria. Basically, you can get an instant loan of up to N1,000,000 on this platform. Their loan services are subdivided into two products. They include:

1. SMEs

The SMEs product caters to providing loans to small and medium-sized businesses. Basically, this product offers businesses convenient, hassle-free, and collateral-free loans. 

2. Partners

This product enables partners to effortlessly give loans to their customers and get insight into their transaction records. 

How can I register on PayHippo?

To register and commence your journey on this platform, follow these easy steps: 

1. Go to their website and tap the “Get Started” toolbar.

2. Next, choose if you want to register as a small business or partner.

3. Thereafter, input your basic details and submit them.

Alternatively, you can register via their mobile app. All you have to do is download it from Google Play Store or the App Store.


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


What documents do I need to register on PayHippo?

Basically, to sign up on this platform, you will need the following details: 

  • First Name 
  • Surname 
  • Email Address 
  • Birth Date 
  • Phone Number 
  • Referral Code (if you have any)

How can I borrow a loan from PayHippo?

To borrow a loan from this digital lending platform, follow these instructions:

1. First, create an account via the mobile app or web platform. 

2. Next, complete your profile. Once you complete your profile and your details have gone through the verification process, you start accessing loans.

3. Lastly, apply for an instant loan on their platform. Ensure that you pay back your loan when it is due.

What is the interest rate on PayHippo?

This platform’s loan offering begins with short-term working capital. The loan duration lasts for 30 days and has a 6% interest rate. Basically, this interest rate is significantly lower than the interest rate charged by other online lenders.

How can I download the PayHippo mobile app?

Here’s how to download this mobile app:

1. Grab your smartphone and go to Google Play Store. If you use an iPhone, visit the App Store on your device. 

2. Next, type “PayHippo” in the search bar and search for the app.

3. Lastly, download the app and create your account.

How can I contact PayHippo?

You can contact this digital lender via the following ways:

Address: 174b Corporation Drive, Dolphin Estate, Ikoyi, Lagos, Nigeria

Phone Number: +2349045969825

Email Address: hello@payhippo.ng

Website: www.payhippo.ng

Bottom Line

PayHippo is primarily a platform that offers instant loans to small and medium-sized businesses. If you are an entrepreneur and need a loan, you can apply for it on this platform. Just ensure that you pay back when your loan is due.

You can obtain a comprehensive loan, tailored to your specific needs by using this platform. Basically, it allows you to compare loans from different lenders across Africa, ensuring the best option doesn’t slip through  

Hope Bank – Digital banking made easy

Technology has made it easy for everyone to access banking services through smartphones. Basically, this enables you to make transactions easily, conveniently, and at any time. Hope Bank is a bank that offers digitalized banking services to the public. With this banking platform, you can access financial services with ease and convenience.

Hope Bank
Hope Bank

An Overview of Hope Bank

Hope Bank, short for Hope Payment Service Bank, is Nigeria’s exclusive Digital-first Bank. Basically, this reputable Nigerian bank offers digitalized banking services to the public.

The privately-owned bank was established in September 2019 and uses digital technologies to provide financial services. They have the sole aim to deliver the 4As – Accessibility, Availability, Affordability,  and Awareness of Digital Financial Services.

What products does Hope Bank offer?

Basically, this bank offers the following products to the public: 

1. Transfer money

This banking platform allows you to send and receive money in an easy, fast, and safe way. Basically, you can receive money to your bank account through transfer using only your phone number. Also, you can transfer money from your account to third parties using just their phone number. 

2. Buy Airtime/Data

With this platform, you can make online mobile recharges. This is beneficial because online recharges are quicker and easier with this platform. Basically, you can recharge through their website, mobile app, or USSD code *569*9#. Hence, you enjoy convenient mobile recharge anytime and anywhere.

3. Bill Payment

You can pay your bills conveniently on this banking platform because they offer a variety of billers. This includes your Electricity bill, cable bill, etc

4. Account Opening 

The account opening process on this platform is solely digital and self-service. Also, they offer account opening services to both individuals and businesses and provide users with a seamless banking experience.


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


How can I register on Hope Bank?

Below are the steps to guide you on how to open an account on this platform:

1. Go to their website and click on “Open an Account”. 

2. Next, click on “Register to Get Started” 

3. Thereafter, select your account type and input your details in the application form.

Once you do this, wait for them to contact you on the further steps to take.

How can I become an agent for Hope Bank?

If you want to be one of the agents of this bank, follow these steps:

1. Visit their website. You will find a link to the website below. 

2. Next, tap on “Become an Agent”.

3. Thereafter, choose your application type. You can choose to become an agent or agent manager either as an individual or a business.

After you have chosen, enter your details in the application form the platform will provide you with. Once you are done, wait for them to verify your details and contact you. Also, you can download the mobile app and complete this same process.

What are the requirements to become a Hope Bank agent?

To become an agent of this bank, you require the following things:

1. A registered business. However, if you are registering as an individual, you do not need this.

2. Financial capacity of N100,000.

3. BVN

4. The capacity to participate in an online training session.

What documents do I need to become an agent?

To become an agent on this platform, you need the following documents: 

1. Phone numbers don’t have an account? Click here

2. Email Address (Business)

3. referrer’s Code/Phone Number

4. Business Address

5. State and LGA

How can I download the Hope Bank mobile application?

To download this mobile app, here’s what you need to do:

1. First go to the App Store or Play Store depending on your device.

2. Next, type “Hope digital.

Download the app, register, and enjoy seamless banking services. 

How can I contact Hope Bank?

Here’s how you can contact Hope Bank:

Address: Hope Payment Service Bank Ltd, Commerce House, 1, Idowu Taylor Street, Victoria Island, Lagos.

WhatsApp: 09017856291

Phone Number: 01-2272871

Email Address: info@hopepsbank.com

Website: www.hopepsbank.com

Bottom Line

Hope bank is more like a digitised version of conventional banking. Basically, you can access all financial services digitally and at your fingertips. Also, you can become an agent and provide financial services to the public while earning money for yourself. All you have to do is to register your account via the mobile app or web platform.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.  

Speedy Choice – Everything you need to know

Unexpected financial emergencies can be frustrating. In this situation, many people opt for borrowing money from loan platforms since their loan process is easier and less rigid than banks. Speedy Choice is a loan company that provides loans for people in need. In fast and simple steps, they can give you an instant loan.

Speedy Choice
Speedy Choice

An Overview of Speedy Choice

Speedy Choice is a lender that provides loans for Nigerians in need. This platform is similar to other loan platforms that provide loans for individuals without collateral. Basically, these loan platforms save you from the stressful process that comes with borrowing from banks.  They have their branch office at Ojodu Berger and have their head office at Akute, Ogun state. This company was registered in 2018 with a business registration number of 1522460.

How can I apply for a loan on Speedy Choice?

Here’s how to borrow a loan from this digital loan platform:

1. First contact the company through any of the links you can find below. 

2. Next, inform them that you want to borrow a loan.

Lastly, wait for their agents to direct you on the next steps to take to borrow your loan. 

What is the loan tenure on Speedy Choice?

Basically, the loan tenure depends on the amount of money you borrow. If you borrow a small amount of money, they may give you a tenure of 1 month. However, the tenure for larger sums of money may take up to 3 months. 


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


What are the requirements to borrow a loan from Speedy Choice? 

There are some necessities you must meet to be eligible for the loan. They include: 

1. You have to live in Nigeria and be a citizen.

2. You have to be within the age bracket of 20 to 55 years.

3. You must have a credible source of income. Basically, this helps them determine the minimum and maximum amount of money you can borrow. 

4. The personal information you used during your registration must be valid.

How much can I borrow?

The loan amount you can borrow ranges from ₦3,000 up to ₦150,000. Basically, the amount of money you can borrow depends on your credit score. Your credit score increases when you borrow and pay it back in time. 

What is the interest rate?

This loan platform charges an interest of 5 – 10%. Also, the interest on your loan will increase for each day you default on your loan repayment. Hence, you have to pay back any loan you borrow on or before the due date.

Does Speedy Choice have a mobile app?

No, this company does not have a mobile application yet. However, if you want to borrow a loan or need to ask questions, just contact them. 

How can I contact Speedy Choice?

You can contact Speedy Choice via the following ways:

Address: 8, Ariyo, off Olutola street, Ojodu-Berger, Lagos

Phone Number: 07035514253 

Email Address: Speedychoicelimited@gmail.com

Bottom Line

Speedy Choice is a money lender that offers collateral-free loans to individuals in need. With just your basic details, you will be able to borrow a loan of up to N150,000. Basically, this way makes borrowing easier, more convenient, and straightforward.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

EaseMoni – A quick way to borrow instant loans

Are you in urgent need of money and need a place you can get a loan without any collateral? Do you need a loan but do not want to go through the stress of queuing at the bank? Well, there is a platform for you to get instant loans within minutes. Easemoni is one of Nigeria’s most popular loan service providers that can provide you with instant loans without collateral. With this platform, you do not need to worry about borrowing from banks anymore. 

Easemoni
Easemoni

An Overview of Easemoni

Easemoni is a Nigerian loan service provider that enables you to apply for instant loans at any time and anywhere. Basically, this loan app provides a loan for you without you needing any form of collateral or even going physically to their office. All you have to do is just download their mobile app to your phone and apply for a loan. Within 10 minutes, you will receive the loan you applied for. 

Also, this platform offers you a chance to apply for a loan of N1,000,000 (one million nairas) whether you are a new user or an old user, you have access to all the opportunities the platform provides. However, your credit score will increase if you frequently use the app and pay back your loan in due time. 

How can I register on Easemoni?

To register on this loan app, do this:

1. First, download the mobile app and install it.

2. Next, launch the app and enter your basic details.

3. Lastly, apply for your loan and wait for the approval.

Interesting Read: Loans Entrepreneurs Can Consider for business Growth

How can I apply for a loan on Easemoni and get approved?

The steps below will guide you on how you apply for a loan on this platform:

1. Download the mobile app, install it and complete your registration process.

2. Next, choose the product you want to apply for, fill in the details needed, and submit your application.

3. Lastly, wait for the verification and approval of your loan application. Once the platform approves your loan request, E-sign the loan agreement and you’ll receive the money immediately. 

If you follow the steps stated above and have all the requirements, there is a high chance your loan application will be approved. Also, you must ensure that the phone number you are applying with is the same as the number you use to receive your alerts. This enables the platform to determine your creditworthiness quickly. 


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


What is the interest rate? 

The interest rate on your Loans on this app are as follows:

Interest Rate: From 5% to10% monthly, APR60%-120%. It majorly depends on your credit evaluation. For instance, a 91-days loan payment terms have an interest fee of 5% per month. For the loan which was processed with a principal amount of ₦3,000, your interest would be ₦273. Basically, this means that the total amount outstanding would be ₦3,273. 

What is the loan tenure on this loan app?

Easemoni requires you to commence the reimbursement of your loan from 91 to 365 days. Basically, this means that you get a grace period of roughly 3 months. Take note that your loan tenure may vary depending on the amount of money you borrowed. 

What are the requirements to borrow a loan from Easemoni? 

There are certain requirements you must meet to be able to apply for a loan on this platform successfully. These requirements include: 

1. You have to be a citizen of Nigeria and live in Nigeria.

2. You must be within the age range of 20 to 55 years.

3. You must have a reasonable source of income. Basically, this enables them to review your loan application appropriately and determine the maximum amount of money you are eligible to borrow. 

4. The personal information you used during your registration must be valid. 

How can I download the Easemoni loan app?

Here’s how to download this app in simple steps:

1. Take your android device and open Google Play Store.

2. Next, search for ‘Easemoni’ and download the app.

Once you download this app, begin your registration process and apply for a loan when you are done. 

How can I contact Easemoni?

You can contact Easemoni via the following ways:

Address: 60 Adeniyi Jones Ave, Ikeja, Lagos, Nigeria

Customer Service Email: info.easemoni@gmail.com    

Customer Service Hotline: (+234)9087614150 

Whatsapp customer number: (234)8073634739

Bottom line

Easemoni is primarily an app that provides loans to Nigerians. With this app, you can easily get a loan of N1,000,000 without collateral. In all, this app is legit and suitable for use as long as you can pay back your loan in due time.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

KashKash – An easy way to get loans

If you need that extra cash to help you to solve your immediate needs, there is a way you can get it in less than 10 minutes. KashKash is one of Nigeria’s prominent loan platforms that gives you instant loans with no collateral. Basically, this saves you from the stress of visiting banks seeking loans since you can get a fast loan from the comfort of your home.

KashKash
KashKash

An Overview of KashKash

Kashkash is one of Nigeria’s leading loan platforms that offer flexible loans to Nigerians. Basically, this loan platform provides you with instant loans without any collateral. This saves you the stress of going to the bank to get any loan.

Essentially, the goal of this platform is to provide simple, fast, and flexible ways for all Nigerians to get instant loans without any collateral or excessive documentation. 

How can I borrow a loan from KashKash?

Here’s how to borrow from this loan platform: 

1. Download the KashKash quick loan app

2. Next, create your account by filling out basic information and submitting it once you are done. 

3. Thereafter, apply for your loan online and you will receive it straight into your bank account in less than 10 minutes. 


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


How much can I borrow? 

You can borrow as little as N3,000 and as much as N50,000 from the KashKash loan app with loan tenure ranging from  91 days to 365days.

What are the requirements to get a loan?

Basically, before receiving a loan from this platform, you need to meet its eligibility requirement. These requirements include:

1. You must be a citizen of Nigeria 

2. Also, you must be within the age range of 22 – 55 years 

3. Lastly, you must have a stable source of income

What is the interest rate on KashKash?

This loan app has a minimum of 0.1% up to a 1% interest rate. Also, their origination Fee ranges from NGN 1,174 to NGN 6,000 for just a one-time charge and annual interest rates of 36.5% to 300%. This loan platform calculates your interest rate daily.

What happens if I don’t repay my KashKash loan in time? 

If you don’t repay your loans in time, you will be unable to collect another loan. Also, owing affects your credit score and increases the interest rate daily. Hence, the amount you owe will continue to increase till you pay it back. 

What are the benefits of using the KashKash loan app?

Here are some of the amazing benefits of this loan platform: 

1. Zero hidden charges;

2. You can borrow funds of up to N200,000

3. This platform is secure, reliable, as well as flexible

4. You can select your payment tenure

5. This platform is available 24 hours, every day of the week.

How can I download the KashKash app?

To get this loan app, follow these instructions:

1. Take your android mobile device and go to Google Play. If you use an iOS device, open the App Store.

2. Next, type “KashKash” in the search bar.

Download the loan app and register on it to be able to borrow money.

How can I contact KashKash?

You can contact KashKash through these ways:

Address: Room 301, Jopebi road No. 62, Ikeja, Lagos, Nigeria

Email Address: help@kashkash.ng

Phone Number: 09087614169, 09087614170

Conclusion 

KashKash is a legit loan platform that is capable of giving you access to instant loans without collateral. Also, you do not need to go through any stress before applying for the loan, unlike conventional bank loans. However, ensure that you pay back your loan in due time to avoid running into debt. 

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less

EasyCredit – The fastest way to borrow a loan

It is normal for everyone to run into a financial crisis at one point or another and need a loan to cover bills. Hence, most people prefer to use online loan platforms to access instant loans due to the stress it takes to obtain a conventional bank loan. EasyCredit is one of the prominent loan platforms in Nigeria that offers you instant loans easily and conveniently. With this loan platform, you can access loans from the comfort of your home within a few minutes. 

EasyCredit
EasyCredit

An Overview of EasyCredit

EasyCredit is a popular loan platform in Nigeria. Basically, this loan company offers Nigerians quick and easy access to instant loans. Many Nigerians have benefited from this platform since it has lots of positive reviews on the Google Play store. With this platform, you can access instant loans of up to N500,000 depending on your creditworthiness. 

What service does EasyCredit offer?

As stated earlier, this platform primarily offers you loan services. Basically, they offer you access to loans varying from 2000 Naira to 500,000 Naira. You can get this loan in less than 10 minutes.

How can I register and apply for a loan on EasyCredit?

1. First, download the EasyCredit loan app on Google Play Store. 

2. Next, open the app and create an account by providing relevant information about yourself. This includes your employment status, BVN number, a valid ID, etc.

3. Thereafter, verify that the information you entered is accurate.

Lastly, wait for approval after this. Once the platform verifies your account, you can now apply for your loan and receive it instantly.


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


How much can I borrow from EasyCredit?

You can borrow any amount of loan you want ranging from 2000 Naira to 500,000 Naira. Basically, the amount of loan you can borrow will increase if you repay your loan on time. For example, if you borrow a loan of 2,000 Naira for a start and pay it back on time, you will be able to borrow a higher amount next time.

How long is EasyCredit loan repayment period?

Basically, this loan platform gives you up to 3 months for you to repay your loan. It primarily depends on the initial agreement you made when you were applying for the loan.

How can I repay an EasyCredit loan?

Follow these simple steps to repay your loan:

1. First, open the app on your device and log in to your account.

2. Next, click on “My Loan” and select one of your loans. 

3. Thereafter, tap “Repay in Advance” and verify that all details are correct then click on “Repay now”.

Lastly, select your repayment method and press “Repay now” to complete your loan repayment.

What are the benefits of using this loan app?

With this platform, there is no paperwork, mortgage, or even office access needed before you can obtain your loan. Also, you get the freedom to use your loan the way you want – for either personal or business use. Their loan services are available 24 hours every day of the week.

What happens if I don’t pay back my loan?

If you do not pay back your loan on time, you will get blacklisted and this automatically reduces your creditworthiness. Also, you may not be able to request another loan. Additionally, your loan will automatically begin to incur a fee of 2% per day after your due date. 

How can I download EasyCredit app?

To download this loan app, follow the steps below:

1. Take your Android device and open Google Play Store.

2. Next, type “EasyCredit” in the search bar and then download the app.

Lastly, open the app and register to start borrowing.

What is the interest rate on EasyCredit Loan App?

This platform has a loan interest rate of 12% – 36%APR, with a zero service fee. Basically, your loan amount and tenure are calculated using your credit score and creditworthiness. Hence, you need to keep a good credit score and repay your loan on time so that you can be eligible for higher amounts.

How can I contact EasyCredit?

Here’s how you can contact this loan app:

Address: Opebi road No. 20, Ikeja, Lagos

Email: help@easycredit.app

WhatsApp: 2348088227615

Hotline: 09087614188

Bottom Line

It is safe to borrow loans from EasyCredit. However, you need to first consider your capability to repay the loan before borrowing it. If you know you will be unable to repay the loan when the payment is due, you should not take the loan to avoid being in debt. 

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less.

I’m Unemployed but I Need Money Now

Experts in Statista stated that the rate of unemployment in Nigeria rose to 33.28% in 2020. Hence, it is unsurprising that most people think of how to get money to sort their bills. This leads to the statement, “I’m Unemployed but I Need Money Now”, which is normal for people to worry about. In case you are wondering how to get money instantly if you are unemployed, read further to learn how to do this.

I’m Unemployed but I Need Money Now
I’m Unemployed but I Need Money Now

Can I Take a Loan if I’m Unemployed?

The simple answer to this is “yes”. There is a legit way you can get a loan if you are unemployed. Also, the loan application process is easy, quick, and seamless. You will learn more about how to apply for this type of loan subsequently.  

What Should I Consider Before Taking Out a Loan While Unemployed?

Before you try obtaining a loan, it’s important to be completely honest with yourself about your capacity to fully pay back the loan as initially agreed. It doesn’t matter if you’re unemployed or employed. Basically, missing only one payment can cause substantial damage to your credit.

This makes it harder for you to borrow in the future. Also, defaulting on repayment altogether puts a considerable dent in your credit history.

Be logical about your capacity to take care of the monthly payments for the agreed duration of the loan repayment. If you have any doubt, try borrowing a lower amount you can pay back without any hassle. Also, you can consider skipping the loan if you are still unsure. Instead of this, try borrowing from your family or friend. 

Due to your employment status, some lenders may decide to change their loan offers in different ways, including: 

1. Lowering the amount of money you are eligible to borrow.

2. Charging a higher interest rate and origination fees. This compensates for the costs of seeking payment if you do not pay back the loan.

3. Requiring complete repayment of your loan in a shorter period.

Lastly, lenders may expect repayment through automatic deductions from your active bank account. Basically, doing this decreases the chances of you missing a payment.


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Where can I get a loan if I’m unemployed?

A personal loan is the kind of loan suitable for getting cash quickly even if you are unemployed. Basically, this is because it does not need you to secure it with any property like a car or real estate (collateral). There are various Instant Online Loans in Nigeria that provide you with instant loans without collateral. 

How Can I Apply for a Loan Online in Nigeria?

As stated earlier, the easiest and fastest way to get an instant loan online in Nigeria is to get it through online loan platforms/apps. There are various loan apps to get fast loans. Here’s how to apply:

1. First, download the loan app from Google Play Store or the App Store.

2. Next, apply for your loan on the app by providing your details. 

Lastly, wait for a while for the platform to process your loan and send it to your bank account.

What Are The Benefits of Online Loans?

Here are some benefits of getting online loans in Nigeria:

1. You have access to loans 24/7

2. It is very quick.

3. You do not need any collateral to take the loan 

You receive money directly into your bank account.

Basically, these are some of the advantages of using loan apps to obtain instant loans in Nigeria for personal use.

Bottom Line

The statement “I’m Unemployed but I Need Money Now” should not be something to get worried about. This is because there are legit ways you can get a loan quickly and settle your bills. However, you must ensure that you are capable of repaying the loan so that it will damage your credit. If your credit gets damaged, it ruins your chances of getting a loan in the future.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

Can Self-Employed Individuals Get Payday Loans?

Experts from Index Mundi estimated the percentage of self-employed individuals in Nigeria to be 81.29% in 2019. From this statistic, it is clear that most Nigerians are self-employed and it is normal for them to need a loan at one point or another. Hence, many people ask the question, “Can Self-Employed Individuals Get Payday Loans?”. Also, these financial troubles can send self-employed individuals searching for instant cash loans that can enable them to recover from a loss.

Can Self-Employed Individuals Get Payday Loans?
Can Self-Employed Individuals Get Payday Loans?

What Are Payday Loans? 

Payday loans are simply short-term loans that are suitable for short-term problems. Basically, they are designed to stand in the gaps between paydays. This way, you can receive the money you urgently need now instead of waiting for your payday.

To obtain a payday loan, you need to fill out an application form with a payday loan firm. If your application is approved, you will write a check for the specific amount of money you want to borrow. Also, you will include the lender’s standard fees and interest.

Can Self-Employed Individuals Get Payday Loans?

Yes, self-employed individuals can get payday loans.

Not only is this type of loan possible as a lending alternative for the self-employed, but there are also some Payday lending corporations in existence that cater only to self-employed people. In addition to giving loans to the self-employed, these companies do not reference the individual’s credit. 

Basically, this allows self-employed people with poor or no credit to still benefit from PayDay loans. On the other hand, when a self-employed individual tries borrowing from conventional banks, they may turn the person down.

Interesting Read, Can A Retired Person Get A Payday Loan?


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Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


What Do Self-Employed People Need To Get a Loan?

To receive a loan, the potential lender will have to review your financial health first. Basically, to assess your creditworthiness, the lender looks at your bank statement and loan collateral (for secure loans). 

1. Bank Statement

Instead of asking for your credit, the lending establishment requests for your most recent paycheck stub. Basically, this means that you have to bring in your bank statement to clarify several things.

First, your account statement has to show that you have money in your account. Also, it must show that you receive a regular supply of income. This reassures the lending company that you will be able to pay the loan back.

Additionally, when you are sharing with the lending company your paycheck stub, you will not just show two weeks of your bank account, but an approximate three months of your bank statement. 

Giving this information enables the lenders to discern your income. This in turn shows how much money you can afford to borrow from the lending company. There are also different requirements for the various vendors that operate PayDay loans. For precise details, just discuss with the Payday lender you are thinking of using.

2. Loan Collateral

Loans are obtainable in two forms. There is the unsecured and secured loan. An unsecured loan is provided based on your creditworthiness and is backed by nothing at all. On the other hand, the other type, a secured loan is just a loan like a car note or even a mortgage. It is backed by a real property that has reasonable value. That property is commonly called collateral.  

For people who have a bad credit score and are unable to get an unsecured loan, they can choose to get a secured loan by “putting up” a car, house, or even a financial asset like their savings account. 

Basically, collateral decreases the risk for the lender, which in turn increases your chances of approval. However, if you are unable to complete the monthly payments on a secured loan, the lender has the right to take possession of your collateral (assets) to make themselves whole. 

Bottom line

The short answer to “Can Self-Employed Individuals Get Payday Loans” is yes. However, payday loans for the self-employed can be very hard to come by. But, with comprehensive research and good decision-making, every self-employed person can find their way out of financial emergencies.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

Can a Retired Person Get a Payday Loan?

It is normal for every working-class person to get bothered about retirement, especially when it’s close. Usually, people in this situation ask a lot of questions concerning their finances and how to get cash when they retire. One of the most common questions people ask is “Can a Retired Person Get a Payday Loan?”. Here is a direct answer to that question and other questions about applying for a retirement loan.

Can a Retired Person Get a Payday Loan
Can a Retired Person Get a Payday Loan?

Can a Retired Person Get a Payday Loan?

The straightforward answer to this question is: yes, a retired person can get a payday loan. Whether you are obtaining a personal loan, funding the purchase of a new car, or even remortgaging your property, loans in retirement are feasible.

Interesting Read: Are Payday Loans Bad?


Get a loan up to N100,000 at the best affordable rates in Nigeria

Did you know that you can now you can compare interest rates from different lenders with our loan simulator and get the best deal? Making an informed loan decision requires comparing different loan offers before making a commitment. Through our simulator, you can see at a glance, loan offers coming from different lenders in less than 5 minutes, so you can make the right decision regarding your financing. Try it today


What do lenders consider when I apply for a loan in retirement?

Basically, there are several considerations to keep in mind if you’re imagining how to get a loan when you retire. Before you start planning, you need to realize that retirement is equivalent to making financial changes that you would not have considered pre-retirement.

Essentially, since you’ve lost your regular income from employment, lenders will be cautious of your financial status. Moreover, you will become a greater risk since you’re not earning a regular income. This is because having a regular income is what makes you capable of obtaining a loan. 

However, if the lender checks your pension and finds it suitable to repay the loan, you have overcome one major hurdle to taking out a loan. Other factors lenders consider include:

1. Your assets

If you choose to obtain a secured loan, you will likely use your assets as security. Basically, before you take out a secured loan, it’s crucial to consider the financial repercussions. If you are incapable of repaying the loan, lenders will repossess your property. Hence, it is necessary to bear these risks in mind before you commit to this kind of loan agreement.

2. Your age

Usually, most lenders set a maximum age for their loans. If you’ve crossed their specified age limit, you automatically become unqualified for the loan. While some lenders have a cut-off point of 75, others may choose to set it below or above this age.

Read More: Can You Get a Cash Advance Using a Debit Card

Why might you obtain a loan in retirement?

Many retirees take out loans for a couple of reasons. They may find themselves wanting to do things that they didn’t have enough time to do before. Usually, these things like going on vacations, home improvements, buying a case, or even lending money to family members cost a lot of money. 

Basically, obtaining a loan can enable you to fund these plans without withdrawing money you have planned for long-term investments. Taking a low rate of interest by borrowing loans, will allow you to borrow cash over a shorter term without it having an impact on your longer term investments. These investments have to be left untouched to attain full retirement projections.

Also, taking out a loan enables you to settle emergencies, especially if your pension is not ready. 

Bottom line 

The simple answer to “Can a Retired Person Get a Payday Loan?” is yes. Basically, you can take out a loan when you are retired if you meet certain requirements. These requirements, which have been discussed above, will set the standard you have to meet to be eligible for a loan. Essentially, once you successfully cross this hurdle, your loan application is likely to get accepted.

You can obtain a comprehensive loan, tailored to your specific needs by using this platform. Basically, it allows you to compare loans from different lenders across Africa, ensuring the best option doesn’t slip through.

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