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Loans

How can I get a Loan?
Getting a loan from Fairmoney is quick and easy! Just follow these steps: Download the FairMoney App via Google Play Store using this link: https://fai...
Wed, 22 Jan, 2025 at 2:00 PM
How much can I borrow and for how long?
You can get up to 3 million Naira with a repayment period of up to 24 months. The better your credit history and positive behavior, the more amount you can ...
Wed, 22 Jan, 2025 at 2:05 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
Where will my loan get disbursed to?
We would like to inform you that our loans are usually disbursed into the FairMoney account created for you during your application and not your external ba...
Wed, 22 Jan, 2025 at 2:29 PM
Why was my loan rejected?
Your loan application might have been rejected due to any of the following reasons: The app could not gather enough information about you. Kindly use you...
Wed, 22 Jan, 2025 at 2:09 PM
My loan application is stuck in loan transfer
We are aware of this issue and we assure you that it is receiving utmost attention. Once the issue is resolved, you will be required to restart the loan app...
Wed, 22 Jan, 2025 at 2:14 PM
I don't have an external card to connect. How do I get a loan?
Connecting a card is necessary for loan disbursement on the app. We recommend contacting your external bank to request a debit card so that the loan can be ...
Wed, 22 Jan, 2025 at 2:14 PM
I want a higher loan amount
At FairMoney, we offer loans of up to ₦3,000,000 through our app. However, the amount you are eligible for depends on your credit score and our credit polic...
Wed, 22 Jan, 2025 at 2:17 PM
Loan application stuck in offer generation
We are aware of this issue and we assure you that it is receiving utmost attention. Once the issue is resolved, you will be required to restart the loan app...
Wed, 22 Jan, 2025 at 2:19 PM