₦airaland Forum

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

rozayx5:
Hmm

Current account?

CheapDataGuy:
Yes hello

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

captainking:
You can still get a loan from GTB as a business owner..
Its quite simple...

wanna know how

demoBaba:
I've collected 450k without going to bank or fill any documents. Lastly am not salary earner.

HisExcellence:
I also use diamond, though I only have savings account but I was eligible for 100k loans for with the intrest of 4% and 1% for int. And 0.25 for CCl, all these I dont seem to understand. And also for how many duration?

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

rozayx5:
Loan apps have threatened banks



They have to be innovative or shutdown

Joy2Dwise:
. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

Omonigeriarere:
I use GT for the collection of my salary; must I necessarily open another salary account before accessing the loan?

sartee:
It's not for only salary account sir. I got the loan of 1m couple of months ago. With interest rate of 1.75%. I don't run a salary account with GTB. But mine is 6months. The op must be lucky to have gotten a year repayment plan. I'm only done with the repayments. Have got just a month left.

priceaction:
That's great. Welcome development too but you need to make sure you ask lots of questions and get good answers related to the loan before you finally settle for it. Naija bank can be funny at times. Make e no come turn to innoson - gtb saga which hunter became hunted.
By the way anyone knows how to get my money or credit back. I bought MTN card via access Bank apps yesterday only to get network error and disconnection. But after few hours ,got debited 3 times and NO even single credit on the phone in anyway up until now. Is there a solution to that?

captainking:
You can still get a loan from GTB as a business owner..
Its quite simple...

wanna know how

priceaction:
That's great. Welcome development too but you need to make sure you ask lots of questions and get good answers related to the loan before you finally settle for it. Naija bank can be funny at times. Make e no come turn to innoson - gtb saga which hunter became hunted.
By the way anyone knows how to get my money or credit back. I bought MTN card via access Bank apps yesterday only to get network error and disconnection. But after few hours ,got debited 3 times and NO even single credit on the phone in anyway up until now. Is there a solution to that?

ntyce:
Lol, the microlending institutions are no threat to banks.
Rather the CBN has mandated banks to meet the 60% LDR by September ending.

bareal:
You are too quick to call him a lier... Have you verified his claim? Chai Nigerians!

1984och:
What's the code u used sir?

demoBaba:
I've collected 450k without going to bank or fill any documents. Lastly am not salary earner.

abbasajao:
The repayment duration is flexible. You can chose your preferred duration especially when you apply for the loan via internet Banking.

sartee:
I didn't know I had the option of choosing the duration. But so far so good... The 6month is okay by me

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

Joy2Dwise:
I kept receiving pop-up messages from GTB on my mobile app stating that I was qualified to apply for loan but I kept ignoring them cus I knew that getting a loan is not as easy as that. I knew what I went through on few occasions when I had to take loans as small as 300k to sort out some immediate financial needs. It got to a point when I began to expect the bank to request the death certificate of my great grand father before they approve a loan amount that is not even up to my monthly earnings. The most embarrassing moment was when two close friends refused to sign guarantor forms because they claimed it was against their principle. I had to swallow my pride and go to a junior who eventually stood in as my guarantor at the end.

Out of curiousity, I clicked "accept'' just to see if it was real. Next message I got was that "your application has been accepted". To cut the long story short, I received an alert of about 1m.150k just few hours later and this sounded incredible. A scanned copy of the repayment plan was later emailed to me and when I did the calculation, I found out that the total percentage of interest is about 12% as against 22 - 26% which I was forced to cough out in previous loans I took from different banks in the past. This to me was a good deal even though I don't have a specific plan for it. Had to push it to my son's account while I wrap my head around what best to do with the money.

This instant loan and the attractive interest rate kept me wondering on the following:

1. Does it mean the banks now have so much money in their coffers to lend out to customers even without asking?
2. What is the reason for the low interest rate which to me is still far lower than what is obtainable?

I called my account officer to ascertain if I can invest it in FG bond but I wasn't impressed with the interest rate so I'm going to keep it in the bank pending on when I decide on what to do with it. Any good idea is however welcomed.

captainking:
You can still get a loan from GTB as a business owner.. Its quite simple...
wanna know how

1984och:
Fantastic! What a welcomed development. This is good news for young entreprenuers. The sad story is that they only give to salary earners. It should be extended to entrepreneurs without 9 to 5 jobs.

I tried using it to buy a car for Uber business by dialing *737*51*51#, but was told to open a salary account with them. But as I no get job now, nothing for me

sartee:
I didn't know I had the option of choosing the duration. But so far so good... The 6month is okay by me