Loan Application Fee

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 prevention, credit review, smart system runs, and data security to ensure you receive the most accurate loan decision and the best possible offer.

The non refundable fee applies whether your loan is approved or declined, as clearly stated in the app. However, if there is an error in processing your application, a refund will be processed.

Good news—once your first loan is successfully disbursed, all future applications will be free of charge.

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