FairMoney: Quick Online Loan Apps Without Collateral 2022; FairMoney is a leading digital bank in Nigeria that offers rapid online and instant loans. Over 3 million people have used FairMoney for rapid online loans in the previous four years.
The loan amounts range from $1,500 to $1,000,000, with repayment durations ranging from 61 to 18 months and monthly interest rates ranging from 2.5 to 30%. (APRs from 30 percent to 260 percent )
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Features of Quick Loans
- Amounts ranging from $1,500 to $1,000,000 are available.
- Periods of repayment range from 61 days to 18 months.
- APR ranging from 30% to 260 percent every year
- For early repayments, interest savings of up to 90% are available.
- There are no hidden costs.
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An example of a FairMoney loan
- Over the course of three months, borrow $100,000.
- 30,000 in interest (total loan cost) (30 percent rate)
- a total of 43,333 in three monthly installments
- The total sum due is $130,000.
- 120 percent Annual Percentage Rate (APR)
The FairMoney app is now much more than a loan app. The platform owns a Microfinance bank that has been properly licensed by the Nigerian Central Bank. As a result, the Nigeria Deposit Insurance Corporation insures all of your deposits (NDIC).
You can use the FairMoney app to do the following: – Get an account number and use it to receive money from anyone in Nigeria – Add money to your account – Send money to any bank account for FREE – Apply for a loan and get it right away – Make sure you pay your bills.
clicking here to download the FairMoney app from the Google Play Store.
Please send an email to email@example.com or firstname.lastname@example.org if you have any questions.
FairMoney REVIEWS On Google Playstore
obalowu yunus October 4th, 2021
I appreciate how you made your software; it’s extremely easy to use. Put more effort into it, God bless your company, and make a reasonable profit. But the loan you’re offering us is too small, I’m telling you, I have a lot of things to do, but #5000 won’t allow me to do anything with my business, so if you can offer me something in the range of #200, 000 to #3000, 000, I’ll be grateful, and I promise you won’t be disappointed, thanks for listening, good buy for now, thanks for listening, good buy for now
Ogbuke, Judith October 3rd, 2021
I applied for a loan, but it was denied. I’ve been trying for weeks and have no idea what’s wrong. After entering my card information and clicking the connect card section, nothing happens, and I get a message that says “paystack error.” Please assist me; I require a loan immediately.
Anthony Bamisaye September 19, 2021
The app is excellent, dependable, and trustworthy. It’s simple to apply, and it’s simple to pay. However, my experience since last month has been really negative. I paid off my loan last month, even two weeks before the due date; but, I’ve been denied a loan since then, and whenever I check in, they always say I owe $12800. I’ve already paid it since August 17th. Please assist me in working on it; I’ve sent multiple messages to your email address with no response. Please, I don’t like how the message has been received.
Jacob Shuan September 24, 2021
It has been tried and true. It paid me out twice when I needed money and gave it to me right away. My issue is with the interest rate. It is excessively high. They should have made it 2% of the money borrowed by the client, rather than 3% of the loan supplied to the client. Something should be done as soon as possible, especially given the number of existing customers on this platform. Personally, I’m looking forward to trying something new. Thanks.
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