Do you know you can borrow up to one million Naira in five minutes? Yes, with the FairMoney loan platform, you can.
Now you can get instant cash for upkeep, kick-start your business, or you need money for any other reason. Below you will see all you need to know about the FairMoney loan application.
What is FairMoney?
FairMoney is a digital bank that gives users loans instantly without collateral. It is one of the most trusted digital banks in Nigeria. If you need money quickly, it is your go-to platform.
On Fair Money, you do have to go through tiresome processes before you can borrow money. In a few quick steps, you can get approved and funded immediately. See the loan application processes below.
Is FairMoney Legit?
Fair Money is as real as it gets. The platform is licensed and regulated by the Central Bank of Nigeria (CBN) as FairMoney Microfinance Bank (FairMoney. Also, all deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC).
Also, the Fair Money loan platform will never share your BVN details with other platforms. The platform keeps all your details safe.
How Can I Borrow Money on Fair Money?
Getting quick cash on the Fair Money platform is easy. Firstly, you have to meet the eligibility requirements before you can qualify to apply for a loan.
You can borrow money using the mobile app or with a USSD code.
What Do I Need to Borrow Money on FairMoney?
Before applying for a loan, you must check to see if you meet the eligibility requirements.
To qualify for a FairMoney loan advance, you must:
- have a BVN
- have a bank account
You do need to provide any document or collateral when you want to borrow money on FairMoney. All you need to provide is your Bank Verification Number (BVN).
How Much Can I Borrow on FairMoney?
You can borrow up to ₦1 million on the Fairmoney loan app. This loan advance can last for 18 months. Moreover, the more you borrow and pay back on time, the more money you can borrow on the platform.
FairMoney Loan Account Login
Before you can get a loan ash advance on Fair Money, you need to have an account. If you already have an account, log in to your account and begin your application process.
To log in or sign up,
- Download the app.
- Click on Login/sign up.
- Enter your details and continue.
FairMoney Loan Application Guide
If you have downloaded the FairMoney app,
- Launch the app.
- Sign up or log in to your account.
- If you are a new user, you need to create a profile. Old users can use their already created profiles.
- Fill out the application form.
- You will get funded immediately after approval.
Borrow Money with FairMoney Loan USSD Code
Applying for a FairMoney loan with the USSD code is as easy as using the app. Also, using the USSD code doesn’t ask for collateral. To apply for a FairMoney loan using the USSD code, dial *566*15# to begin your application process.
Download FairMoney Loan App APK and iOS
For instant loans, you need to download the FairMoney app. With the app, you can get up to ₦1 million cash advance.