Feb 16, 2018

All You Need to Know About Paylater Online Loan

Most people love doing all they need to do online including lending of loan but because some don't know how to go about that, they had to make use of micro-finance banks. Lots of people have been asking if this option is available online instead of passing through the normal micro-finance banks with neck breaking requirements.

Well, The good news is that getting a loan for yourself is now available online and you can get in less than 24hours and not stressful at all.
You know everyday is not Xmas... You might be hook down at times then you need a narrow escape out of it but your bank account is reading “red”, in such a situation, getting a loan might be your only option, that is why Paylater is here for us.

What is this Paylater....Paylater ® is a simple, entirely online lending platform that provides short-term loans to help cover unexpected expenses or urgent cash needs. The good part is that collateral, guarantors or application fees is not required.

Paylater is a service provided by One Finance & Investments Limited (RC No: 1044655), a licensed Finance company.
The rate at which Interest is been charged daily is bearable, just  1% daily. For instance...if you borrow ₦10,000 you’ll have to pay back ₦11,500, in 15 days, or ₦13,000 in 30 days.

How does this work?
NOTE: For the first timers, the maximum range is N10,000 after which Paylater expects a total of N11,500 in 15 days or N13,000 in 30 days. There are really no hassles involved in this as they simply debit the said amount from your bank account on the due date.
For the application process which is used as an evidence instead of collateral, guarantors for or all some of requirements, Paylater has made it easy for applicants as they all have to go through their Facebook accounts (which already has details of each person) to login.

See also: Why You Must Have Payoneer Account

Paylater currently offer two loan packages:
1.PAYLATER (loans available to all )
2.PAYLATER PLUS (loans for salary earners).

Now, you requirements to be eligible for this offers is as follows
>>An Android Phone
>>Real Facebook Account

Read This Also: How To Make Money With Ethereum CryptoCurrency

You might be wondering why BVN is involved, The BVN provides all the verification details the company needs before they can give out loans. It “verify that the individual applying for a Paylater loan is the same as the owner of the provided bank account.”

How To Apply For a Loan
It’s simple! Just follow the steps below to apply for a Paylater loan:
>>Download the Paylater app here
>>Register your personal details
>>Choose your desired loan amount and duration
>>Submit your application. You will get a loan decision in seconds.
>>If approved, your account is credited within 30 minutes.

How To Payback Your Loan
On the due date, Paylater.ng automatically debits your account by the amount you owe, if you are not comfortable with that, you can pay manually.

Once you log into your dashboard, you will see the current loan you have applied for and you will also see the PAY NOW button. Click on it and the page below would come up.
Enter your credit card details appropriately and click OK once you are done.

You can chat them up on twitter here
Paylater is  easier and faster, I will like to share this to you friends and relatives so they all benefit from this offer.
For any request or complaint, kindly make use of the COMMENT BOX.

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