Due to the effect of the coronavirus pandemic and lock-down in the country, we experienced a massive increase in loan requests and we reduced loan offers and amounts in order to protect our organisation from the challenges of the Corvid Era. Hence, you might have experienced a decline or a reduction in the loan amount for some weeks now.
As businesses have begun to re-open, some changes have been made and we are excited to inform you that FairMoney is back and better. You can now apply for a loan on the FairMoney App for that business, rent, or personal needs and we assure you that you will get an offer. All you have to do is as easy as the steps below:
1. Download the Android app from Google Play Store
2. Sign up or log in with your Facebook profile or with your phone number (Preferably the one linked with your BVN).
3. Create a profile (For new users)
4. Submit an application (This is where your BVN, personal details, and work details are needed, ensure you fill all required details correctly).
5. Grant FairMoney access to all required details (e.g location, text messages, contacts) on your device.
6. Input correct bank and card details, then
7. Receive money in your bank account within minutes.
You stand a better chance to get a loan offer if you; Use FairMoney to pay bills, receive bank alerts on your phone / upload a good bank statement, and if you have a good loan repayment history.