OUR VISION
FairMoney is building the leading mobile bank for emerging markets.
We are unique thanks to our international exposure (with offices on 3 continents) and our impact-driven mission. We bring financial inclusion to underbanked people in emerging markets!
No document, no collateral! You will only need to share your BVN details during the loan application and connect your card or bank account to authorize us to debit your account for the repayment.
FairMoney office is located in Lagos, Nigeria. See fairmoney.ng/contact for more details.
FairMoney Loan Requirement;
Below are the requirement to get a loan from FairMoney:
• Personal information such as name and email
• Bank Verification Number (BVN)
• Bank Account Details
• Automated Teller Machine card (ATM Card). This is needed because it will be used to debit you for loan repayment.
• A Photograp
App. You can only apply for loan from the FairMoney App.
How To Get a Loan on Fair Money.
Getting a loan on Fair Money is simple and were describe in a few steps below:
• Download the Android App from Google Play Store
• Sign up or log in with your phone number or Facebook profile
• Create your profile (for new users) and/or submit an application.
• Receive money in your bank account within minutes.
• However, customers can access higher amounts of up to N150,000 and 3 – month Installment loans.
Fair Money Loan Interest.
Loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)
An example of a FairMoney loan
Borrow ₦100,000 over 3 months
Interest (total cost of the loan): ₦30,000 (30% rate)
Three monthly repayments: ₦43,333
Total amount payable: ₦130,000
Representative: 120% APR
FairMoney Customer Care;
The customer care email is help@fairmoney.ng
FairMoney App Download;
The app is only available for Android phone. You can download it from the Google Playstore.
FairMoney Website;
The website is fairmoney.ng
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