FairMoney MFB Loan app is the Trusted Online Banking App to Over 5 Million Nigerians that allows you access to instant online loan up to NGN 3milion to attend to urgent cash needs.
The information provided in this article concerning this app is based on information available from the owners of the app.
Information About Owners Of FairMoney MFB App:
FairMoney Loan app is a product of FairMoney Microfinance Bank, a duly licensed bank by the Central Bank of Nigeria (https://www.cbn.gov.ng/) and the chosen bank app to over 5 million Nigerians. Now, you can take total control of your finances in more ways than one with savings, banking, lnstant loans and many more features on the FairMoney MFB app.
Benefits Of FairMoney Loan/App
Here’s why you should download and use the FairMoney MFB app:
1. Manage your finances for business and domestic purposes from one app
2. Utilize their safe and secure savings platforms and get up to 18% interest P.A
3. Access loans up to NGN 3 million from the comfort of your phone, no collateral needed.
4. Pay bills at zero (0) service charge.
6. Request for your FairMoney MFB ATM card and get it delivered nationwide.
7. Enjoy 30 free bank transfers to Nigerian banks.
8. Buy airtime and data at a 3% discount.
How To Apply For And Get FairMoney Loan + Other FairMoney App Services
Get started simply as follows:
Download the FairMoney MFB app
2️⃣Complete the registration
3️⃣Manage your finances with ease without unnecessary maintenance charges.
4. Unlock the power of your savings:
Use FairMoney MFB’s high interest savings products FairSave and FairLock to put your money to work.
FairSave helps you make money every day with a high savings interest of 10% P.A.
FairLock is a fixed deposit savings product that helps you achieve your financial goals faster with savings interest rates of up to 18% P.A.
5. Convert your dreams to reality with a Quick loan:
Do you need a fast loan or capital for a business? Apply for a loan in Nigeria with FairMoney instant loans that are easily accessible. You can access up to NGN 3 million with no collateral.
Loan amounts range between ₦1,500 to ₦3,000,000 with repayment periods from 61 days to 18 months at monthly low interest rates that range from 2.5% to 30% (APRs from 30% to 260%)
Features Of FairMoney Loan
🔹Online Loan amount from ₦1,500 to ₦3,000,000
🔹No collateral required
🔹100% digital application & fast loan disbursements
🔹Repayment periods from 61 days to 18 months
🔹APR 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
Your Data And Fund Security With FairMoney App
Your account security is important to FairMoney.
The FairMoney MFB app comes with a high-tech facial recognition feature that keeps you in and intruders out.
You can also freeze, and block your ATM card in case of any theft.
As a fully compliant Microfinance bank, all FairMoney deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC, https://ndic.gov.ng/).
Feedbacks From Customers Of FairMoney
Many customers of FairMoney who have used the loan service via the app comment that it is quite good both in disbursement and repayment processes.
However, some of the customers complain that sometimes they have difficulty logging in easily into the app as well as other minor issues with the FairMoney app.
Contact Details Of FairMoney
You may feel free to share any suggestions or enquiries with FairMoney using the contact details below. They would love to hear from you.
Mail ID: email@example.com
Contact number: 017001276 / 01 888 5577
Official Address: 28 Pade Odanye Close, Off Adeniyi jones, 101233, Ikeja, Nigeria
To know more about them, you can visit their website: https://fairmoney.io/
You can reach out to them through their social channels:
Frequently Asked Questions | FairMoney
Click the link below to find out more about FairMoney MFB
In conclusion, the above information about FairMoney Microfinance Bank loan app is provided to assist you when you have need for loan to enable you weigh this against other options open to you so as to take an informed decision.
Equally note that our website, growfinance, neither gives loans nor promotes any loan app over the other but merely gives information to the public based on information available from app owners
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