"How to get online loans quickly in Nigeria?
Please download and apply for Mobile Credit Loan.
1. The loan limit is 100,000 NGN
3. Low interest rates
4. Long-term repayment
5. Fast and safe
1. Install Mobile Credit Loan from the Play Store.
2. Register an account.
3. Select the product you want to apply for.
4. Fill in your basic information, and then submit the application.
5. Deposit your loan directly into your bank account.
Loan amount for our instant personal loan application: 5,000 lei to 1,00,000 lei
Daily interest rate: 0.066%
Minimum annual interest rate (APR): 24%, maximum annual interest rate: 36%
Loan repayment period: 6 to 12 months
Handling fee: 2% of loan amount
Examples of loans:
For example, you need a loan of 10,000, divided into 3 repayments, the interest you need to pay is 400 NGN, and the handling fee is: 200 NGN. Total debt: 10,600 NGN
Monthly interest calculation formula = annual interest rate (APR) 24% / 12 = 2%
Daily interest rate = annual interest rate (APR) 24% / 12/30 = 0.66%
Total interest for repayment = (number of months of repayment + 1) * loan amount * monthly interest rate / 2 = (3 +1) * 10,000NGN * 2% / 2 = 400NGN
Handling fee = loan amount * 2% = 10,000 NGN * 2% = 200 NGN
Total debt = total interest + principal + handling fee = 400NGN + 10,000NGN + 200NGN = 10,600NGN
Monthly repayment = total debt / number of months of borrowing =
10,600NGN / 3 = 3533.33NGN
1. Nigerian residents
2. 20-55 years old
# contact us
Address: Nh32, Line Bazar Purnia, Bihar, Nigeria"