₦airaland Forum

McAustin92:
I just got my credit alert 425k....access bank,once you are approved, you will be credited, stay put and Goodluck

graciamore:
please am I suppose to get email immediately by I apply ViKing007 please respond

trevolady:
I was about asking,I applied for someone and he didn't get any email

Acidosis:
How much did you apply for and how much was approved? I understand that 425k is what is left after the 4% and 1% deductions.

Viking007:
Tenor=36.
Moratorium:12.

McAustin92:
I applied for 500k

Acidosis:
Alright, thanks. Did you take your time to read the terms?

Viking007:
Tenor=36.
Moratorium:12.

Viking007:
You should have done the "Nigerian" thing. Who doesn't have a side business in Nigeria? As it is right now everything is a business. You just have to be smart about whatever you intend doing with the money to ensure you pay back. That is an opportunity nobody wants to miss. So I doubt if they'll approve it, though I know of someone who does not have a job or business but his loan was approved.Good luck.

yemibayo:
Boss, hope you've received your fund.

Acidosis:
Alright, thanks. Did you take your time to read the terms?

Viking007:
Me and my colleagues still dey wait o. Seems they just started payment this evening.

Viking007:
Me and my colleagues still dey wait o. Seems they just started payment this evening.

McAustin92:
I did bro, just that I didn't understand the repayment plan, I don't actually need this money.... So I would like to repay before the year lapse

REPAYMENT STRUCTURE: Fixed amount per month (covering both principal and interest) TENOR: 12 months from Disbursement Date. MORATORIUM: 3 months moratorium on both principal & interest

The Borrower consents that the Bank shall, without notice or demand, apply any credit balance (whether then due), to which the borrower is at the time beneficially entitled to in any account with the Bank and/or with any other bank/other financial institutions, in (or towards satisfaction of any sum then due and payable (but unpaid) by the Borrower to the Bank under this Agreement.

3. Default in Repayment

Where the Borrower fails or neglect to pay/fully pay a repayment amount on the due date, a warning notification will be sent to the Borrower for payment within five (5) business days. Consequent on the Borrower’s further failure or neglect to make repayment, the Bank shall have the right to activate the Global Standing Instruction and debit the borrowers account in any financial institution to repay he due loan, and or seize the Borrower’s assets in pursuant of its Loan Recovery process.

gymlordd:
Applied on Friday last week and I got a mail saying my application was successful.

Viking007:
You want to see the terms? I can post it here.

Acidosis:
Really? Friday, 12th?

gymlordd:
13th rather... Midnight... Around 2am

trevolady:
I got same mail when I applied on friday too

chibuikenicole:
Pls broda i need clarification, i accepted the offer and submitted my account details last week wednesday.. den on saturday dey sent me a text dt i shud input my account details again to receive my funds which i did.. today again monday dey sent me the same text again.. i tried imputing again nd dey are telling me i hv already provided the details, am confused, i dnt know many times i will hv to input the account details b4 dey send the loan.. also does anyone have the same problem?

Acidosis:
Oh wow. I hope all is well with those that got no mail?

meetme01:
The mail is the approval mail and not confirmation for submission. Two different things

Acidosis:
You got a mail indicating that your loan has been approved?

firo08:
Thank I just got my alert now
UBA

trevolady:
I pray you get yours too,you've been very helpful here answering questions.

quincee88:
Put In The Account Detail Of The Bank Where You did Your BVN. Had Same Issue Until I changed To My Direct BVN account. Alert Done Show For My Side. I Changed It on Saturday Evening, Got Alert Sunday Night

Musty4ahmed1:
I don't that theory of using bank with which you registered BVN can hold water, BVN are linked to your bank accounts, you were just lucky to get in the bank

Dozis:
Bros, when you updated, did you use that guarantor link we all used that time?