PalmCredit is a mobile-based online lending platform that offers instant loans to individuals in Nigeria. It is designed to provide quick and instant access to credit without the need for collateral or extensive documentation/paperwork. The PalmCredit Instant Loan is a product of Newedge Finance Limited. Newedge Finance Limited is a financial technology company that provides … Read more
Hello everyone! I want to use this opportunity to issue warnings to all Nigerians to be mindful of Loan apps to borrow from. TopChance Loan app is one of the Loan apps available on Google Play. On this fateful day, I got a message from TopChance customer care on my WhatsApp number. She lied to … Read more
Fix Now Pay Later (FNPL) is a financing model in Nigeria designed to help individuals and businesses manage the costs of vehicle repairs or maintenance. This model allows vehicle owners to get their cars fixed immediately and defer the payment to a later date. The FNPL is a growing concept in Nigeria. It helps spread the … Read more
If you find yourself unable to repay your loan, it’s important to take proactive steps to manage the situation and minimize potential negative consequences. Here are the steps you should follow: 1. Assess Your Financial Situation: Review your income, expenses, and debts to understand your financial position. Determine if the inability to repay the loan … Read more
Despite the ongoing clampdown by the Federal Competition and Consumer Protection Commission (FCCPC), several unregistered loan apps have found a way to continue their operations in Nigeria through Android Package Kit (APK) distribution. As of May 2024, the FCCPC has delisted 47 of these unregistered apps from the Google Play Store. However, investigations reveal that … Read more
Kuda Bank offers three kind of Loans to customers; overdraft loans, salary advance loans and personal loans. Kuda Overdraft: This is a small, short-term loan accessible anytime for frequent Kuda account users. It has a low maximum amount and accrues a daily interest rate of 0.3%. Kuda Salary Loan: This seems to be a larger … Read more
PalmCredit is one of the popular Loan apps in Nigeria. You can borrow upto N50K as a first time borrower. PalmCredit Loan app is one of the Loan apps Newedge uses to provides credit to individuals and businesses in Nigeria. Newedge Finance Limited Newedge is a financial institution established in 2019 and licenced by the … Read more
Liquidation of Loan simply means fully paying off a Loan. So, don’t get confused when you encounters the word “Liquidating Zenith Bank Loan.” It simply means paying off your Zenith Bank Loan without any remaining outstanding. In this article, I’m going to walk you through all the processes of liquidating Zenith Ban Loan without any … Read more