Remita is a financial technology platform that offers various services, including payment solutions. Remita payday loans are a type of short-term loan that is available to employees whose salaries are paid through Remita. Known as the WageX Remita Salary Advance, it is a specialised salary advance program exclusively available to employees who receive their salary …
The Federal Competition and Consumer Protection Commission announced plans to create a new regulatory framework to address Nigerians’ refusal to repay loans. Don’t wait to be forced to repay your loans. Read this article to learn the best strategies for a timely and stress-free repayment. A salary loan, also known as a payroll loan or …
Repaying Your Salary Loan: Strategies for Stress-Free Payments
If you find yourself in a financial bind, a payday loan might just be the lifebuoy you need! A payday loan is a type of short-term loan that is due on the borrower's next payday. The loan is usually for a small amount and is intended to help cover unexpected expenses or provide extra cash …
It’s the end of the year meaning, as we settle into the new year, there are bills waiting to be paid. As a salary earner, having decided to go for a credit facility, you need to compare payday loan products. See how to easily compare two common payday loan products to meet your need. Payday loans …
Loans in Nigeria are known to come with fixed interests so how much does a 1% in your payday loan rate matter? A source of quick cash, a payday loan is a short-term loan that is tied to your next paycheque. The concept of a payday loan is that you take it out when you …
The yuletide is truly upon us, and you may want to consider using payday loans for holiday shopping. That is if you are cash-strapped and don’t want to miss out on the fun. Giving gifts to your friends and family can be a great way to show that you care about them but buying gifts …
What It Really Costs to Use Payday Loans for Holiday Shopping
Until recently, applying for a payday loan in Nigeria used to be a daunting task. From lengthy paperwork to getting collateral or a guarantor, the process usually took days or sometimes weeks. However, with advancements in technology, borrowers can now access loans with the push of a few buttons. While the ease with which loans …
Top 10 Factors to consider before applying for a payday loan in Nigeria
With financial inclusion becoming a thing, more Nigerians are begging to borrow personal loans for a number of purposes. According to Statista, consumer lending in Nigeria is put somewhere around $64.81m in 2022. Personal loans, which are short-term in nature, are popular because they provide borrowers with access to fast cash in the event of …
Personal Loans Let You Borrow for Any Purpose – but Is That a Good Thing?
Are you a salary earner with an urgent financial need? You have nothing to fear as getting a salary advance as a loan in Nigeria may just be the best thing to have happened. Get some tips on how to get a salary advance as a loan in Nigeria. By banking with the right institution …
How to get payday loans with a bad credit score may seem difficult, but it is not impossible. There are times when we’re all faced with a bill we didn’t expect; from a broken-down car to an emergency medical expense. Getting your hands on some extra money could always help, and everybody has been in …
The growing acceptance of digital lending platforms in Nigeria means loan seekers can now access money in minutes. But as a borrower intending to get out of that unplanned financial fix, there is a tendency to be stuck in Knowing what is the difference between payday loans and quick loans. When it comes to …
What Is The Difference Between Payday Loans And Quick Loans?
USSD (Unstructured Supplementary Service Data) which is similar to Short Message Service (SMS) is a Global System for Mobile Communications (GSM) protocol that is used to send text messages. True to its nature, USSD codes for Payday Loans can be used for loan apps, digital banks, or any bank for that matter. How does …
