For instant loans to care emergencies, iiimoney QuickCash – Your financial ally in Nigeria, is there to help you making instant loan up to NGN100,000 available to you with ease.
Based on the information available from the owners of the iiimoney app, this article looks into the requirements for getting the loan and how you can use the app to get the loan among other relevant details you may require.
iii money is able to provide immediate loans to anybody in Nigeria who is in need of financial assistance for any reason, including expanding their company, needing money to go shopping, or any other unexpected need. iii money is available to you at any moment in the event that you have any financial need.
Requirements For Getting iiimoney Loan
In order to get a loan from iii money, you will need to:
1) You must be a citizen of Nigeria
2. fall between the age range of 18 to 65 years old
3. Ensure that you have a consistent source of revenue
Features Of iiimoney Loan
The main features of iiimoney in terms of Loan Amount, Loan Term, Interest, Service Charge, and some other loan Product Features are as follows:
1. The loan amount ranges from ₦6,000 to ₦300,000
2. The length of the loan ranges from 91 to 365 days
APR ranges from a minimum of 12% to a maximum of 50%
0% of the total service fee
Example
Suppose the loan amount is ₦4,000, the annual percentage rate (APR) is 36.5%, and the length of the loan is 120 days. In this scenario, the service cost is 0%.
₦4,000 multiplied by 36.5% divided by 365 multiplied by 120 equals ₦480 due to interest.
You are going to be given ₦4,000, and now you are required to return ₦4480 (4000 plus 480).
An example of a repayment would be that after 120 days, you would make a single payment of N4480 if you decide to make a lump sum payback.
The amount of your monthly repayment will be ₦4480/6, which is equal to ₦747 if you want to make payments with a monthly schedule.
How To Use iiimoney Loan app To Get Instant Loan
Simply download and install the iiimoney app from Google play store, the follow the instructions below on how to apply for a loan using iii money:
1. Firstly, register.
2. Secondly, fill out the required information.
3. Make an application for a loan.
4.Last Give the go-ahead for approval
Reviews From Users Of iiimoney Loan App
Many persons have used this app and have offered some reviews many of which are positive and few negative. For detailed individual review information go to playstore
Contact Details Of iiimoney
Please contact the following if you have any problems about the use of iii money:
Send an email to [email protected]
Location: EGBA Lagos (Address)
Privacy Policy Of iiimoney
Here is the link to the Privacy Policy: https://www.iii-money.com/privacy-policy
