3. FastCredit
FastCredit loan have become one of the fast rising loan platforms in Nigeria in recent times. They stand out for their stable interest rate of all loan amounts (5%). The loan term of FastCredit loan usually ranges between 3 months — 12 months. With FastCredit, you can borrow loans of up to N2 million.
Requirements
Here are the criteria to meet before obtaining FastCredit personal loan:
- Your personal Bank Verification Number (BVN).
- A valid means of identification (may include Government Issued ID, Voter’s Card, Driver’s License).
- A recent passport photograph.
Pros Of Obtaining Personal Loans With FastCredit
Below are the merits of obtain personal loans with FastCredit:
- They offer quick disbursement of loans.
- They have a low interest rate.
- There is no collateral or guarantor required before a loan request is granted.
Cons Of Obtaining Personal Loans With FastCredit
The following are the demerits of obtaining personal loans with FastCredit:
- The loan amount available for first-timers to obtain is low.
- The loan application process may be complex.
- The loan application process of FastCredit can be confusing.
How To Apply
To apply for the FastCredit loan, download and signup the FastCredit loan app.
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