Get quick loans at amazing interest rates in a few clicks.
With the MoneyPal app, you can access collateral-free Zedvance loans of up to N5million anywhere, anytime with zero hidden charges.
Customers can enjoy loan tenors up to 24months at Annual Percentage Rate (APR) of 34.8% - 365%.
For example: If a customer borrows NGN100,000 for 6-months, we will charge an interest rate of 2.9% per month at an APR of 34.8%. A processing fee of NGN1,900 (that is 1.9% of the amount requested) will apply as well as six monthly repayments of NGN 19,566.67. This gives a total repayment of NGN 119,300.02.
To get started, simply:
1. Download the app.
2. Click on “Create Account”.
3. Provide relevant details (please register with the phone number linked to your BVN).
4. Apply for your preferred loan amount.