Which Lending Facility Has The Best Interest Rate - Investment

Which Lending Facility Has The Best Interest Rate - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › Which Lending Facility Has The Best Interest Rate (1573 Views)

Which Lending Facility Has The Best Interest Rate by calabaman(op): 10:45am On Sep 23, 2019*

Hello All.

The topic refers.

Which lending facility in Lagos has the lowest interest rate on their loans.

Am a salary earner and need to take a loan as soon as possible.

Zedvance rates seem rather high.

Thanks in advance.

Re: Which Lending Facility Has The Best Interest Rate by TokyoBulls(m): 1:28pm On Sep 23, 2019

GTBank's Quickcredit offers the lowest now at 1.75% per month flat and no admin, management, legal, etc fees at all. I think Access also has one and offers 4%. Most of the others like Page, Zedvance, RenMoney, Fairmoney, etc will take 4 to 6% per month and fees apply for some.

calabaman:
Hello All.

The topic refers.

Which lending facility in Lagos has the lowest interest rate on their loans.

Am a salary earner and need to take a loan as soon as possible.

Zedvance rates seem rather high.

Thanks in advance.

Re: Which Lending Facility Has The Best Interest Rate by Nobody: 2:14pm On Sep 23, 2019

TokyoBulls:
GTBank's Quickcredit offers the lowest now at 1.75% per month flat and no admin, management, legal, etc fees at all. I think Access also has one and offers 4%. Most of the others like Page, Zedvance, RenMoney, Fairmoney, etc will take 4 to 6% per month and fees apply for some.

bro, do you av info about the GTb quickcredit ... like how much min/max

Re: Which Lending Facility Has The Best Interest Rate by TokyoBulls(m): 2:17pm On Sep 23, 2019

I know maximum is 5M. Minimum should be around 50K. For GTBank customers only. You can apply by using *737*51*51#

ericsmith:
bro, do you av info about the GTb quickcredit ... like how much min/max

Re: Which Lending Facility Has The Best Interest Rate by Nobody: 2:46pm On Sep 23, 2019

TokyoBulls:
I know maximum is 5M. Minimum should be around 50K. For GTBank customers only. You can apply by using *737*51*51#

alright thanks bro

Re: Which Lending Facility Has The Best Interest Rate by calabaman(op): 3:19pm On Sep 23, 2019

TokyoBulls:
GTBank's Quickcredit offers the lowest now at 1.75% per month flat and no admin, management, legal, etc fees at all. I think Access also has one and offers 4%. Most of the others like Page, Zedvance, RenMoney, Fairmoney, etc will take 4 to 6% per month and fees apply for some.

^^^
I appreciate it.

Re: Which Lending Facility Has The Best Interest Rate by calabaman(op): 3:20pm On Sep 23, 2019

ericsmith:
alright thanks bro

^^
But you need to be receiving your salary here in order to have access to it.

Re: Which Lending Facility Has The Best Interest Rate by Nobody: 4:11pm On Sep 23, 2019

calabaman:
^^
But you need to be receiving your salary here in order to have access to it.

Oooh my salary account as to be with the GTbranch i applied

Re: Which Lending Facility Has The Best Interest Rate by calabaman(op): 4:21pm On Sep 23, 2019

ericsmith:
Oooh my salary account as to be with the GTbranch i applied

^^
Yeah. Sadly, the thing pain me ehn.

Re: Which Lending Facility Has The Best Interest Rate by Nobody: 4:30pm On Sep 23, 2019

calabaman:
^^
Yeah. Sadly, the thing pain me ehn.

same here, the interest is over conducive grin

. honestly SMEs need more of these initiatives from our financial institutions

1 Reply

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