FairMoney Offers A Different Way To Borrow Money Online Without Collateral

FairMoney Offers A Different Way To Borrow Money Online Without Collateralfeatured image

Akara and moin moin get the same parent, na wetin dem pass through make dem different” – Niger Delta proverb.

In March 2018, FairMoney launched in Nigeria. Now, disbursing over 10K loans daily, the company has helped thousands of individuals and small businesses get closer to their dreams and most importantly access to critical finance made possible by the power of technology.

Customers can access instant loans on FairMoney without collateral, skip extensive documentation or office visits which typically make borrowing money stressful for users.

We are taking customer experience to the next level and have launched an upgraded android app to reflect this. The new FairMoney app is easier to use and reflects the new brand which portrays the vision of providing access to financial services for everyone in Nigeria.

How to get a Loan on FairMoney

Getting a loan on FairMoney is easy and straightforward as described in a few steps below:

  • Download the Android app from Google Play Store
  • Sign up or log in with your phone number 
  • Create your profile (for new users) and/or submit an application.
  • Receive money in your bank account within minutes.

In addition, customers can access higher amounts of up to 1 million Naira and enjoy 18 months Instalment loans. Customers with positive loan history performance would also be able to enjoy flexible interest rates.

While the Nigerian society has a sort of love-hate relationship with borrowing, the use cases for a product like FairMoney are extensive. From personal needs like paying bills, shopping and family dependencies to business loans for starting that side hustle or building a credit profile, FairMoney’s loan product covers a wide range of options.

FairMoney’s proposition is built around customer-focus, secure technology and speed – all of which makes sense for an online loan service that doesn’t rely on collateral to reduce lending risk. Its 4.3-star rating on the Google Play Store validates that proposition to a certain degree. If you’re interested in short-term, quick loans that don’t require collateral or office visits, FairMoney is a good place to start.

If you have any queries/suggestions, feel free to reach out to us through our social channels:
Facebook: https://www.facebook.com/fairmoney.ng
Instagram: https://www.instagram.com/fairmoney_ng/
LinkedIn: https://www.linkedin.com/company/fairmoney/