StartCredits StartCredits StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Crypto
  • Log In
StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Crypto
  • Log In
paymyrent loan

Paymyrent

Interest Rate (6% – 15%)

 

Apply
Category: Moneylender Tag: Rent
  • Description

Description

Paymyrent


Paymyrent is a lender focusing on the rental market in Lagos, Nigeria. They provide non-collateral loans to working professionals who need loan facility between N100,000 to N2,500,000 million. Payment tenor for this loan is between 3 to 12 months. Their loan approval takes less than 24 hours after submission of required documents.

Rent advance loans are normally available for both employed and unemployed tenants whether you have a good or bad credit score. In practice the difference is usually in the amount of interest you will be charged and can vary greatly from person to person. An instant decision is usually possible with these type of advances with an online application which can save you embarrassment and save on late rent payment charges by unscrupulous landlords and letting agents.

Pros

  • No Collateral
  • Fast approval
  • Choice of repayment scheme

Cons

  • Requires a guarantor
  • Geographical restrictions to Lagos
  • Must earn a minimum of N70k
  • Employer approval required

 

ELIGIBILITY CRITERIA

  • Be a confirmed staff of a registered company for more than 6 months
  • Live or Work in Lagos
  • Copy of employment letter or Confirmation letter
  • Monthly salary paid to a savings account or current account with a bank in Nigeria
  • Recent Utility Bill
  • You have a pension account / Tax ID Number
  • Earn N70,000 and above
  • You have a guarantor who earns more than your monthly salary, has a current account and a corporate email address.

Related products

  • kwikpay

    Kwikpay

  • creditville loan

    Creditville

  • Direct Bridge

    Direct Bridge

  • PettyCash loans

    PettyCash

Search for your Loan

Latest Loans

  • union bank quick loans Union
    Rated 1.00 out of 5
  • TrustBond-Mortgage-Bank-Plc TrustBond
    Rated 1.00 out of 5
  • Kada Microfinance bank Kada
    Rated 4.67 out of 5
  • Chase microfinance Chase
  • Nigerian Youth Investment Fund Nigerian Youth Investment Fund
  • pennylender loans Pennylender
  • skye-bank loans Skye
  • Kickstarter
  • irl microfinance IRL
  • Giwa MFB Giwa

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