Get a loan of up to ₦500,000 within 5 minutes! 

Download the FairMoney mobile app and get up to 500,000 loan sent straight into your bank account within minutes. No paperwork. No collateral.

Loan disbursement is under 5 minutes

Time is valuable to us, so we’re not wasting yours. It doesn’t take more than 5 minutes to get a loan on FairMoney. We don’t need any paperwork or collateral.

Get longer repayment plans of up to 12 months

You can enjoy up to 12 months instalment repayment on FairMoney. This is dependent on your credit score and history.

Enjoy flexible interest with Early Repayment

Our Interest is not fixed. You can pay the lowest interest in the country with early and on-time repayment.

Go from thinking to doing

We’re empowering doers with easy access to loans within 5 minutes, plus longer repayment plans of up to 12 months. Take your business to the next level with a FairMoney loan.

My dream of starting my own poultry farm has been accomplished!

Thank you so much FairMoney. You make my dream of poultry business to be accomplished this month. I have started with 130 broiler chicks.
Jennifer .A, Entrepreneur


Here are some answers to the questions you may have.

What is FairMoney?

FairMoney is a service provided by MyCredit Investments Ltd, a licensed online lender, that provides instant loans and bill payments.

How can I get an instant loan?

You need an Android phone. Download the FairMoney app here from the Google Play Store. Sign up with the phone number linked to your BVN, answer a few questions and confirm your identity to receive a loan offer. If you accept it, you will receive your loan instantly in your preferred bank account!

How much can I borrow and for how long

FairMoney offers loans from N1,500 to N500,000 for a period of one to twelve months. The better your lending history and positive behaviour, the more you can access and the longer the period!

What makes FairMoney different from other lenders?

Speed of delivery – You can get a loan instantly in 5 Minutes, from anywhere in Nigeria
Flexibility – You can repay on or before your due date with a reduced interest rate
No hidden charges – Our interest charges are all-inclusive, ensuring transparency
The customer is king – Our team is trained to treat you with the utmost respect at all times

Do I need documents or a collateral?

No document, no collateral!
You will only need to share your BVN during the loan application and connect your ATM card to authorize us to debit your account for the repayment.

Ready to get started?

Download the app now and submit your application.

Loan amounts range between ₦1,500 to ₦500,000 with repayment periods from 61 days to 1 year at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)

Borrow NGN100,000 over 3 months
Interest (total cost of the loan): NGN30,000 (30% rate)
Three monthly repayments: NGN 43,333
Total amount payable: NGN130,000
Representative: 120% APR