Welcome to Harblextips webpage, we’re going to show you fairmoney loan interest rate. People are searching for fairmoney loan interest rates on google but it seems they’re not seeing great results from google search. That’s why the Harblextips team wants to solve this for you. So, you can know what is fairmoney loan interest rate is.
What Is Fairmoney Loan
FairMoney app gives you FREE bank transfers, and instant loans — no collateral
In the last four years, over 3 million customers have relied on us for loans.
Fairmoney Loan Amount
Loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)
Fairmoney Loan Interest Rates
Loan amount from ₦1,500 to ₦1,000,000
Repayment periods from 61 days to 18 months.
APL from 30% to 260% per annum
Interest discounts of up to 90% for early repayments
No hidden fees
An example of a FairMoney loan
Borrow ₦100,000 over 3 months
Interest (total cost of the loan): ₦30,000 (30% rate)
Three monthly repayments: ₦43,333
Total amount payable: ₦130,000
Representative: 120% APR.
Do you know you can get low fairmoney interest rate. Let assuming you borrow 30,000 naira from fairmoney and you don’t want to pay high interest. Click on coupon link and get low interest rate, 3k interest for 30k loan.
Now, the FairMoney app is more than just a loan app. They own a Microfinance bank that is duly licensed by the Central Bank of Nigeria. As such, all your deposits are insured with the Nigeria Deposit Insurance Corporation (NDIC).
As they continued to seek a more efficient way to disburse these loans to you and help you spend it, they realized that their customers need a simple way to receive and spend money. Hence, why they redesigned the app to accommodate these two key actions and more.
With the FairMoney app, you can:
– 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 loan and receive it instantly
– Pay your bills
This is only just scratching the surface of what they are building for you. So, sign-up to be the first to know when they launch new features tailored to meet your needs. To sign-up, download the FairMoney app now.
Also, if you have any questions to ask regarding to fairmoney loan interest rate, please feel free to share any suggestions or enquiries with us. We would love to hear from you.