FINCOLE NG is a convenient and reliable platform for mobile users. The loan application process is secure. If the customer repays the loan on time, they can get the next loan without any other documentation.
Simple 3 steps to apply
1. Sign up
2. Apply for a loan
3. Wait for approval
Application Condition:
1. 18 years or above
2. Citizens of Nigeria
3. Your own ID
4. A bank account registered in your own name
Product feature:
Loan Amount: ₦5,000 - ₦90,000
Loan Term: from 122 days to 365 days
Loan interest: from 18% to 29% per annum.
Maximum Annual interest Rate（APR）: 29%
For example:
· Loan amount: ₦30,000
· Interest rate : 2.5% monthly (or 0.083% everyday if less than one month)
· Tenure: 12 Months
· EMI: ₦2,924.61
· Processing fees: ₦30,000 * 3% = ₦900
· Total Interest payable: ₦2,924.61 x 12 - ₦30,000 = ₦5,095.37
· Total Amount Payable : ₦2,924.61 x 12 = ₦35,095.37
· APR = ( ₦900 + ₦5,095.37) / ₦30,000 = 19.98%
Security
Customers' information is surely safe with us.
We won’t share customers' data with any other third department.
Customer Service Email:
[email protected]
Address: Karu 900101, New Karu, Abuja Capital District, Nigeria
