No! This is not a typo. You have actually read that correct!
To begin the loan application process, you will be required to:
1. Download their Official app.
2. Once downloaded, install it and proceed with registration.
3. Upon completion of registration, login to the app and click on the ‘Borrow money’ tab.
4. This will direct you to the ‘Borrow Money’ page with various selections to choose from. i.e Borrow Now, Loan products, My Loans and My Applications.
5. The ‘Borrow Now’ tab allows for a quick loan application process requiring the borrower to input the loan amount and repayment duration.
Upon completion, the borrower will receive a pop up alert indicating that the loan request is successful and thus should wait for a lender to respond.
6. The ‘Loan products’ tab avails a variety of loan products to choose from including asset financing, mortgage, personal secured/unsecured, mobile loans, business secured/unsecured.
For this article, we shall focus on mobile loan, type the amount, duration of repayment then click on Search Lender.
Depending on the figures input on the previous page, a list of lenders matching the criteria will be displayed for the applicant to choose from.
Click on the preferred choice and further details of the loan shall be displayed including amount applied, repayable amount as well as the cost of credit. To complete the process, click on ‘Apply Loan Now’
A pop up will be displayed with information that the loan request is successful and thus should wait for a lender to respond.
7. To view the progress of the loan application, click on ‘My Application(s)’ tab.
There you have it! All that is left now is to await the lender’s response.