Loan Guide

Tips on securing loans in Nigeria

There is no time to delay when it comes to managing your money given the current economic situation in Nigeria. This means taking a really close look at where your money’s coming from, and where it’s going. In this guide we will give you a few tips on how to manage your money in Nigeria. Get out your bank statements and go through them line by line. When you take a close look at where
Most Nigerian banks provide credit card to salary earners who bank with them, but it’s also all too easy to rack up a big bill. If that’s happened to you and you’re stressed about how you’re going to pay it back, you need a strategy. In this guide we show you how to manage your credit card debt in Nigeria. Here are six pointers that should not only help you pay back your bill, but
There are many reasons to borrow money, and a personal loan can be easier to apply for in comparison to other types of financing such as credit cards, or a personal line of credit from your bank. There are also no restrictions in how you spend a personal loan in Nigeria. Reasons in to get a Personal loan in Nigeria There are a variety of reasons why people take out a personal loan, including the
A Homeowner Loan is a loan that is secured against a customer’s home. The maximum loan amount available is based on value, that is the remaining equity, within the customer’s home and the customer’s ability to afford the monthly repayments. The remaining equity means the difference between the property’s value less the amount of debt already secured against the property. Each lender will assess the application on its individual circumstances by credit searching the customer
Guarantor Loans in Nigeria are aimed at customers with a less than perfect credit history. A Guarantor Loan is a form of unsecured loan where the customer receives the money and makes the payments; however unlike a normal unsecured loan, the customer must provide a guarantor who will make the repayments in the event the customer is unable to. A Guarantor is a person who promises to make the repayments in the event that the
The sort code is a number which usually identifies both the bank and the branch where an account is held. The sort code is usually used when transferring funds from one account in one bank branch to another branch of the bank or another bank. Here are a list of all the sort codes of Nigerian banks. Sort Codes of Nigerian Banks Bank Name Sortcode Access Bank Plc 44150149 Diamond Bank Plc 63150162 Ecobank Nigeria
USSD stands for Unstructured Supplementary Service Data. It allows bank customers have access to basic financial services by simply dialing the code of your bank. The USSD Codes of Nigerian Banks are provided in the list below. You must have a bank account linked to your mobile telephone number to perform a USSD transaction. You don’t need to go to a bank to register for the USSD code. Registration is done with your mobile phone