Description

HubCredit

HubCredit is a digital lending product licensed by the Central bank of Nigeria within the GTB portfolio.

Products

• HubCredit provides you with a spending limit of up to ₦1,000,000 and a minimum of ₦20,000 to shop on the Habari, and pay back within a period of 12 month or sooner (whichever works for you); and at an interest rate of 21% per annum. A maximum tenor of 365 days. The customer must have received their salary through their GTB bank account in the last 3 months.

Pros

• High loan amount up to N1m
• Flexible repayment options
• Maximum tenor of 12 months
• Flexible conditions

Cons

• Loan must be spent on habari
• Salaried employment required
• GT Bank account required
• Loan amount linked to salary level

Requirements

• Completed Application Form
• GT Bank account required
• Salaried employment required
• Letter of employment
• Staff identity card
• 3 months of account usage
• Must be older than 18 and younger than 60 years old