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Personal Loan Against Salary - Business - Nairaland

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Personal Loan Against Salary by shena(op): 3:32pm On Apr 25, 2020
Need to help a friend.

How can one get a personal Loan of 600,000naira for two years, though she earns less than a 100k per month.

This is needed urgently. Appreciate your suggestions.
Re: Personal Loan Against Salary by psucc(m): 3:39pm On Apr 25, 2020
You may not get up to the N600k but something closer.
2. The bank that your Salary is domiciled will work that out for you.
3. If you bank with FCMB, I will advice you don't even dream of taking a credit facility with them. Their rate is so high @38.42% p.a on reducing balance for 36months.

4. You can check UBA. Their rate is friendly @24% p.a for 24months.
5. I don't know of other banks

Don't say I didn't tell you.
Re: Personal Loan Against Salary by shena(op): 4:21pm On Apr 25, 2020
psucc:
You may not get up to the N600k but something closer.
2. The bank that your Salary is domiciled will work that out for you.
3. If you bank with FCMB, I will advice you don't even dream of taking a credit facility with them. Their rate is so high @38.42% p.a on reducing balance for 36months.

4. You can check UBA. Their rate is friendly @24% p.a for 24months.
5. I don't know of other banks

Don't say I didn't tell you.
Thanks so much for the feedback but she works in a financial institution and her account is domiciled in UBA, can they still give her a loan.
Re: Personal Loan Against Salary by jp130(m): 7:22pm On Apr 25, 2020
They should na. Let her just approach d bank but this lockdown is really a prob
Re: Personal Loan Against Salary by psucc(m): 7:27pm On Apr 25, 2020
shena:
Thanks so much for the feedback but she works in a financial institution and her account is domiciled in UBA, can they still give her a loan.
She must get to the bank first.
1 Reply

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