I just paid back my most recent Carbon loan. How soon can I apply for another loan?

I just paid back my most recent Carbon loan. How soon can I apply for another loan?

If you have successfully paid off your previous loan on time, you can re-apply for another loan within 24 hours if you have not already accessed 3 loans within 30 days and may qualify for higher credit at a lower rate.


    • Related Articles

    • Loan Rescheduling

      Can I reschedule my loan repayment? What happens if I pay late? We understand that financial circumstances can change suddenly, Carbon wants to support you through difficult times. However, it is important to note that we do not reschedule repayment ...
    • How to get a Carbon loan

      Download the Carbon app from your google play store OR the apple store, sign in or sign up to identify yourself and this will take you to our brief registration/application forms. Complete an application with valid information and click on "apply for ...
    • Why was my loan application rejected?

      There are a few reasons behind loan application rejections. The most common reason is that the applicant didn’t share all of the information required in the application or filled in invalid details. However, there can be other reasons. As a ...
    • Payroll Loan

      This is accessible by salaried employees whose salaries are paid through REMITA. Complete an application with valid information and click on "apply for loan", then state how much you would like to borrow. We will then display your available loan ...
    • Why was my loan application rejected?

      Why was my loan application rejected? There are a few reasons behind loan application rejections: The most common reason is that you didn’t pass Carbon’s internal appraisal score. This is usually based on the fact that we are still getting to know ...