In today’s fast-paced world, access to quick and hassle-free loans has become a necessity for many individuals. EasyFund, the revolutionary lending app, is here to cater to these needs and provide a seamless borrowing experience. With its user-friendly interface and wide range of features, it is convenient for everyone to obtain loans without unnecessary stress.
Key Features of EasyFund
- Loan Amount: ranging from ₦10,000 to ₦300,000. Whether you need a small sum to cover immediate expenses or a more considerable amount for significant financial obligations, EasyFund can accommodate your requirements.
- Flexible Repayment Terms: borrowers can enjoy flexible repayment periods, ranging from 91 days to 365 days. This allows individuals to tailor the loan duration according to their financial circumstances and convenience.
- No Mortgage Required: Unlike traditional loan providers, EasyFund makes it easy to obtain a safe loan without the need for mortgage collateral. This simplifies the borrowing process and reduces the burden on applicants.
- Competitive APR: EasyFund offers competitive annual percentage rates (APRs) ranging from 24% to 56% per annum. This ensures that borrowers can access loans at reasonable interest rates, making repayments more manageable.
Loan Example with EasyFund
Let’s consider an example to illustrate how EasyFund’s loan system works. If you choose a 6-month loan and borrow ₦100,000, EasyFund charges an interest rate of 4% monthly. This translates to a Nigerian Naira (NGN) interest rate of 24% with an annual percentage rate (APR) of 48%. Over 180 days, your repayments would amount to ₦24,000, resulting in a total payment of ₦124,000.
How to Apply for a Loan
- Download the EasyFund app and install it on your smartphone.
- Register an account using your phone number to create a personalized EasyFund profile.
- Fill out the necessary information and complete the loan application form, providing accurate details to ensure a smooth process.
- Once your application is submitted, EasyFund will review it promptly, and if approved, the loan amount will be transferred directly into your registered bank account.
- Applicants must be residents of Nigeria to be eligible for an EasyFund loan.
- The minimum age requirement is 20 years, and the maximum age limit is 60 years.
- Valid identification documents and proofs must be provided during the application process to verify the applicant’s identity and eligibility.
We understand the importance of providing loans without unnecessary complications. We are dedicated to delivering a seamless borrowing experience and are always excited to hear from our customers.
- We have a dedicated customer support team available 24/7 to assist you with any queries or concerns.
- You can reach us via email at [email protected].