The digital age has led to the birth of numerous credible loan platforms. One of these popular platforms that offer Nigerians access to quick payday loans is Page Financials. Let’s give you a brief review of Page Financials loan, how you can apply for it, and the interest rate for the loan.
An Overview of Page Financials
Page Financials is a great platform to take out loans for your financial obligations. With this platform, you can’t only borrow loans, but also pay bills and make investments for the future. So if you are hoping to do any of these, this platform is suitable for you.
The company received their license to operate as a financial service provider from the Central Bank of Nigeria (CBN) in 2011. Ever since they were authorised, they have provided cutting-edge digital financial solutions to date. Their sole mission is to empower their customers with the knowledge of how to handle their finances easily.
What kind of loans can I access on Page Financials?
There are majorly two different types of loans you have access to on the Page Financials digital platform. They include:
1. Personal loans
The Page Financials Personal Loan package is a simple product that aims to provide loans to take care of just your personal needs. This package is a good option to consider if you want to get just a small amount of loan to cater for your immediate needs. For this loan, you will be charged a flat interest rate every month depending on the loan amount you received. Also, the repayment terms and conditions for this loan are very clear and straightforward.
2. Group Loans
The Page Financials Group Loan package is an instant emergency loan that is made for customers who are employed in reputable companies. Usually, the loan duration for this package is up to 15 months and you must be employed in a company to access it. Repaying this loan is automatic. Page Financials Group will deduct
The interest rate for the Group loan is just 3.75% monthly (flat-rate) with zero hidden fees or management. Currently, Page Financial Loans are currently available to all employed people in Lagos and Ibadan. Also, it is available to Bankers in all states.
3. Remit Credit
Remit Credit is just for organizations that use Remita to pay their staff salaries. Employees of these companies can get an instant loan of N 2.5 million with a tenor of just 12 months. The interest rate on this package is a flat rate of just 3.76% every month. They don’t charge any management fee.
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How can I get a loan from Page Financials?
Follow these instructions to get a loan from Page Financials:
- Visit the Page Financial website, www.pagefinancials.com
- Next, click on “Apply Now”
- Thereafter, input your name, bank details, and the amount of loan you want.
- Wait for your loan to be disbursed
Alternatively, download the Page Financials app from the App Store or Google Play Store, register on the mobile app, enter your details, and apply for the loan.
Page Financials loan calculator
The Page Financials loan calculator gives you an estimate of the total amount of money you will repay. Before you apply for a loan on this platform, you can use this feature to check how much you are expecting to reimburse. The calculator feature is integrated into the platform.
What is Page Financials loan interest rate?
The interest rate on loans from Page Financials is approximately 3.1% per month for a 12 months tenor. Make use of their loan calculator to find out the real interest you have to pay before you take out any loan.
What is the Loan amount on Page Financials?
The minimum amount of loan you can borrow from this digital platform is N100,000. On the other hand, the maximum amount of loan new customers can borrow is N 5,000,000. The actual amount of loan you can borrow largely depends on your level of income and credit score. These two factors will determine your borrowing capacity.
What are the requirements to qualify for a loan from the Page Financials platform?
To qualify for an instant loan on this platform, you have to meet these important requirements:
- Receive a minimum salary of N100,000 per month.
- Live and work in either Lagos state or Ibadan. Regardless, if you are a banker you can apply for the loan no matter your location.
- Have a valid and verifiable means of identification (like your National ID card, PVC, or an international passport).
- Provide your salary account statement upon request (for 6 months).
- Have proof of your employment, such as an employment letter, work ID, or promotion letter.
- Provide a clear and recent passport photograph of yourself.
Note that your loan application is liable to go through a credit check before its approval and disbursement.
What are the pros and cons of Page Financials loan?
The pros and cons of Page Financials include:
Pros of Page Financials:
- The Page Financials platform disburses loans within less than 3 hours
- It is very safe, credible, and convenient. You don’t need to go through any rigid process before applying for a loan.
- Zero need paperwork, collateral, or guarantors
- A responsive, active, and courteous customer care service center
Cons Page Financials:
- The minimum amount of money you can borrow from Page Financials is N100,000. Hence, it is unsuitable for people seeking loans of less than N100,000
- Extremely high-interest rate of nearly 3.1% monthly within a 12-month duration
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Does Page Financials have a mobile app?
Yes, the Page Financial platform has a mobile app. This app is a destination for executing mobile financial transactions. You can get access to fast loans to meet pressing financial needs, make a money transfer to other accounts, buy airtime, pay bills, and make investments on this mobile app.
Page Financials Loan repayments
Repayments are automatically deducted from your earnings every month. So once you receive your salary, the platform automatically takes back your loan.
How can I contact Page Financials?
You can reach out to the Page Financials platform via these ways:
Address: 23, Norman Williams Street, S/W Ikoyi, Lagos
Phone Number: +234 (0)1 700 PAGE(7243)
Email Address: customer@pagefinancials.com
Website: www.pagefinancials.com
Bottom Line
The Page Financials Loan digital platform grants you access to quick loans, especially for huge amounts of money. If you are hoping to borrow large sums, this platform is your best bet. The best part of it is that the loan application process is fast, hassle-free, and convenient. Although this platform provides fast loans, we hope that they consider making provisions for people who are not employed in corporate organisations.
