StartCredits StartCredits StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Crypto
  • Log In
StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Crypto
  • Log In
kwikpay

Kwikpay

Interest Rate (10% – 32%)

Apply
Category: Moneylender Tags: Education, Salary Advance, Vehicle
  • Description

Description

Kwikpay

Kwikpay is an online moneylender that provides retail loans for consumers through their employer. The amount borrowed is then deducted from your monthly salary.

Their minimum loan amount is N50,000 and the upper limit for a new customer is N2,000,000.

The size of loan and interest rate charged is determined by data provided by your employer such as salary, length of service and position. The loan can be up to 50% of your Monthly Salary and the loan tenor is from 3 months to 6 months.

Once you decide on the amount you want and you have set up your repayment schedule money is sent to the your salary bank account instantly.

Pros

  • High maximum loan
  • Choice of repayment scheme

Cons

  • Geographic restrictions to Lagos
  • Employer approval required

 

ELIGIBILITY CRITERIA

  • Completed Application Form
  • Completed Employee Status Inquiry/Employer’s Confirmation Form
  • Evidence of Confirmation (Letter of Confirmation, Last promotion letter etc.)
  • Copy of Employment ID and valid means of identification
  • Credit checks
  • 1 (One) Guarantor for a Loans with maximum of N400, 000 only

Related products

  • zenith bank loans

    Zenith Bank

  • FCMB loans

    FCMB

  • snapcredit loans

    SnapCredit

  • social lender loans

    Social Lender

Search for your Loan

Latest Loans

  • Wema Bank Wema
    Rated 5.00 out of 5
  • davodani microfinance DavoDani
  • alat loans Alat
    Rated 1.00 out of 5
  • Cedar Cedar
  • FAHIMTA Fahimta
    Rated 4.33 out of 5
  • rapidcash RapidCash
    Rated 4.00 out of 5
  • Development Bank of Nigeria Development Bank of Nigeria
  • Barnawa MFB Barnawa
  • hubcredit HubCredit
  • hasal mfb loans Hasal

Loan Advice

  • Securing a federal government housing loan in Nigeria
  • How to check your NIN for a loan application
  • Non-performing loans of Nigerian banks
  • Types of loans offered in Nigeria
  • Home loans in Nigeria
  • Who gives loans for Nigerian Startups
  • The 2020 top banks in Nigeria by earnings
  • Key requirements to access loans in Nigeria

Company

  • About
  • Contact
  • Careers
  • Credit Score

Loans

  • Moneylenders
  • Peer to Peer
  • Mortgage
  • Microfinance

Investments

  • Crypto
  • Bonds
  • Deposits
  • Shares

Follow Us!

Follow Us on FacebookFollow Us on TwitterFollow Us on Google+
  • Loans
    ▼
    • Credit Score
    • Guide
  • Investments
    ▼
    • Bank
    • Crypto
  • Log In
Return To Top
  • Moneylenders
  • Peer to Peer
  • Mortgage
  • Microfinance
2023