Borrowers can apply for single-payment loans, installment loans, and payroll loans via an automated online lender called FairMoney. The borrowed amount is then deducted from your account.
Their minimum loan amount is N10,000 and their maximum loan amount for a new client is N40,000.
There is no need for security or a guarantor. Interest rates are influenced by a number of factors, including your history of repayment and the cost of borrowing.
A decision on whether to approve a loan is made in 15 seconds, and the applicant receives the money in 5 minutes.
24 hours a day, seven days a week. Loan payout takes place using an Android mobile app, and decisions are made relatively quickly.
Short-term loans from moneylenders are designed to pay for bills until your next paycheck. It is ideal for students, persons with weak credit who are ineligible for conventional bank loans, and anyone looking for an unsecured personal consumer loan.
Products
Payday loans – The FairMoney payday loan is designed to provide monthly overdrafts to employees of companies, ministries, parastatals, and other entities.
Anyone with a source of income, including those who are students, government employees working in the public sector or who are self-employed or employed by a professional public or private company, is qualified to apply for a personal loan.
Business – The loans help companies fulfill their cash flow commitments on time.
Pros
- The quick loan approval procedure
- Realistic repayment plan
- No protection
- No assurance
Cons
A modest ($40,000) ceiling on loan amounts
Eligibility criteria
- Authentic bank details
- A VIN number
- Complete the application.
FAQS
Explain FairMoney.
FairMoney is a platform for online financing. We make it easy for you to apply for a loan and receive money in your bank account within minutes, 24/7.
Read also about Loans For the Unemployed In Nigeria or Get a loan via Kia Kia Loan App
What sets FairMoney apart from other lenders?
Delivery speed: You can quickly get a loan in 5 minutes from anywhere in India. Flexibility: You are free to pay back your loans on time or earlier. Our interest and charge prices are all-inclusive, so there are no extra expenses or surprises. Our crew is trained to always treat you with the utmost respect since they believe that the customer is king.
Where is FairMoney located?
Bangalore, Karnataka, is home to FairMoney’s corporate headquarters.
How do I get in touch with you if I want to complain or offer some feedback?
Please get in touch with us between the hours of 8 am and 6 pm, Monday through Friday, via email at [email protected] or one of our social media accounts. Please scroll down to find links to our social media profiles.
How Do I Apply For An Urgent Loan?
An Android phone, an AADHAAR, and a PAN are all that is required. Get the FairMoney application from the Google Play Store.
Register using the phone number connected to your Aadhaar, answer a few questions and provide identification to receive a loan offer. Your loan will be promptly paid into your preferred bank account if you accept it!
App Download
Download the app here
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