How to borrow money on speed loan app? Speed Loan App is an easy-to-use app that will help you to borrow money from a reliable source in a simple and fast way. The app is free, so you don’t have to pay anything to use it.
The application is designed to make the process of obtaining a loan easy and fast. It is a comprehensive solution for all your loan needs. You can apply for a loan and if you are approved, you can receive the money in your bank account.
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Speed loan app reviews from users
This is the best and most reliable app. It’s great if you can borrow money. The next batch is very convenient, and the amount of funds is flexible. The interface is also very simple and straightforward.
With outstanding small loans, borrowing money is easy and very good. With the loan APP, you don’t have to ask others to borrow you money when borrowing money is convenient and fast
The Speed loan app is very convenient to use, the procedure is simple, and the repayment speed is very fast, which solves the difficulty of capital turnover. It is the first choice for college students and office workers
How to Borrow Money on Speed Loan App? How It Works
- Cash loan amount: 2,000 – 600,000
- Cash loan term: 91 days (the shortest, including renewal time) – 365 days (the longest, including renewal time)
- Speed loan Interest Rate: The maximum APR is 20% p.a
- Transaction fee: 0.1% to 0.35%
Loan example:
- If you choose a loan limit of 10,000 naira for a period of 120 days,
- The following total interest must be paid: 10,000 * 0.05% * 120 = 600,
- The total service fee must also be paid: 10,000 * 0.3% = 30,
- Monthly interest to be paid: 10,000 * 0.05% * 30 = 150,
Monthly payment including principal and interest to be paid
- 10,000 / 4 + 150 = 2650,
- The total payment is 10,000 yen + 600 + 30 = 10,630.00
Why is Speed Loan app your first choice?
Speed Loan offers a secure and fast online loan service that has helped many customers from Nigeria by offering a 7*24 approval cash loan service.
Requirements: How to Borrow Money On Speed Loan App?
- Nigerian resident
- Age 18-60
- 1 Have one government-issued ID card
- 1 valid bank account
How to borrow money from Speed Loan App?
- Download the Speed Loan app from Playstore
- Quickly complete the loan application form in the app.
- Wait for the rapid evaluation.
- Choose your loan.
- Wait for your loan to be approved
Speed loan app customer service number and address
- Phone call or WhatsApp: 07017681069
- E-mail:speedloanhelp@yahoo.com
- Address: 49 Balogun Street, Lagos Island, Lagos, Nigeria
SpeedLoan APk Download
We provide SpeedLoan-Instant Loan APP 1.5 APKs file for Android 4.0+ and up. SpeedLoan-Instant Loan APP is a free finance app. It is easy to download and install on your mobile phone.
The average rating is 4.50 out of 5 stars in Playstore. If you want to know more about SpeedLoan-Instant Loan APP then you may visit the Speedload support center for more information
FAQ – How to Borrow Money On Speed Loan App?
Can I get a loan without my BVN number?
In Nigeria, it is almost impossible to get a loan without a BVN. Loan institutions that do not require a BVN will require the borrower to provide collateral or collateral in exchange for a loan. When approving an unsecured loan, the borrower’s profile, income, and solvency are still considered.
Do loan apps ask for BVN?
Yes, the advent of digital banking has also increased the activities of fraudulent loan companies which is why Nigerian loan applications need identity verification. Most real loan applications in Nigeria require you to submit your BVN before your loan application can be considered
What happens if I don’t pay my loan?
If you do not repay at the agreed time, you will be subject to late fees at the discretion of speed Loan, your lending account will also be suspended, and you will be reported to the National Credit Bureau and possibly permanently suspended from lending from other credible lending institutions.
How do I protect my data from loan applications?
To protect yourself from fraudulent apps, you need to be vigilant enough to quickly notice red flags. These may be zero verification of your payment history, hidden fees, requests to act immediately, and no physical address for the lender. So you must ensure that the lender is following all CBN regulations.
Can apps steal data without permission?
Yes, malicious apps can steal your personal information, including sensitive financial information that can then be used to steal your identity. A lot of malware ends up on your phone because of malicious apps.
Conclusion – How to borrow money from Speed Loan App?
Speed Loan app is an easy-to-use app that will help you to borrow money from a reliable source in a simple and fast way. The app is free, so you don’t have to pay anything to use it.
The application is designed to make the process of obtaining a loan easy and fast. It is a comprehensive solution for all your loan needs. You can apply for a loan and if you are approved, you can receive the money in your bank account.
Please read the terms and conditions in their disclosure statement carefully before proceeding with the loan transaction.