Why would I pay my loans on time?
A default in your loan repayment reduces your credit score with us and other lenders which will affect your chances of getting another loan from us and other lenders. Also, you would have a negative credit report. Other reasons why you should pay your loan on time includes:
- Better interest rates.
- Increased loan offers.
- Get an increased tenure if you like.
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When it comes to financial solutions, Carbon Loans stands out as a top choice. Here’s why opting for a Carbon Loan can be a game-changer for you. Flexible and Accessible Whether you’re looking for a small amount to cover immediate needs or a larger ...
What is the criteria for SME loans?
To access business loans on Carbon you need to have the following criteria: A business registered with the CAC. A valid Tax Identification Number (TIN). Applicable Sectors (for now) include: Retail, Agent Banking, Food Services, Health Services. Time ...
Can I make an early repayment? If I make an early repayment, will I pay less?
Early repayments are accepted and you can apply for a new loan immediately after your previous loan is paid off. However, please note that early repayment does not imply that the terms of your loan obligation will change. Your repayment terms are ...
Do I have to pay any interest on my Carbon Zero purchases?
No, you won't be charged any interest on your purchases with Carbon Zero. You only need to pay a one-time 5% processing fee
Do you give loans?
Yes, we offer instant loans to help solve urgent problems, cater to substantial expenses, and grow families and businesses. To be able to access a loan, you need to be on KYC level 2. Follow the instructions below to submit an application: Once ...