Is there a fee for loan reschedule?
Yes, there is an upfront fee:
- A fee of N2,500 will be charged for a 7-day reschedule.
- A fee of N5,000 will be charged for a 14-day reschedule.
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Loan Application Fee
To ensure a fast, fair, and secure loan process tailored for sharp minds who move differently, a non-refundable application fee of N500 applies only to first-time borrowers. This fee covers part of the cost of important checks—such as fraud ...
How many times can I reschedule my loan?
You can only reschedule your loan once.
I want to reschedule my loan
You are eligible for a loan reschedule if you do not have an outstanding balance and if you do not have penalties on your loan account.
How do I make a loan repayment?
We have made repaying your loan at Carbon as easy as possible. On your due date, your payment will conveniently be deducted from your Carbon Account or the account linked to the debit/ATM card provided during your loan application. To make a payment: ...
Why is Carbon charging a ₦500 loan application fee?
What exactly does the loan application fee cover? It is not just “click and the money lands.” The moment you apply, we: Check for fraud (to confirm that you are who you say you are Review your credit history to see if the loan makes sense for you Use ...