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Loans

How can I get a Loan?
Applying for a loan at FairMoney is easy and simple! Please follow the steps below to access a loan with us: Download the FairMoney App via Google Play St...
Thu, 1 Feb, 2024 at 3:28 PM
How much can I borrow and for how long?
FairMoney provides loans ranging up to 3,000,000 Naira with a repayment duration of up to 18 months. Your eligibility for a higher loan amount and an extend...
Thu, 1 Feb, 2024 at 3:30 PM
Do I need documents or a collateral?
No document, no collateral! You will be required to share your BVN details during the loan application and connect an active card linked to your bank accoun...
Thu, 1 Feb, 2024 at 3:33 PM
Can I get another loan immediately?
Once your previous loan repayment is verified, you can promptly reapply and receive another loan within seconds if you are eligible!
Thu, 1 Feb, 2024 at 3:36 PM
Can I get a Loan top-up?
Yes, you can request a Top-up loan. To do this, kindly update your APP to the latest version, click on "Manage loan" on your APP home page. If you...
Thu, 1 Feb, 2024 at 3:42 PM
Where will my loan get disbursed to?
Your loan will be paid into your FairMoney Microfinance bank account where you can either utilize it on the app by paying bills or making use of our Savings...
Thu, 1 Feb, 2024 at 3:45 PM