Quick Loan approved Requirements Problem fix
- Personal Information
- Bank Details
- BVN
Personal information: consists of name date of birth gender marital status and school level, In this section make sure all your information matches exactly with one in your bank account because any loan application checks for personal information before they can give you a loan.
Don’t think you can get a loan by providing a piece of fake information because any platform will run some checks before they can approve or reject your loan unless some loan platform that is ILLEGAL will call you and ask you to collect a loan those apps are getting your information from other platform and those loan application will give you a loan with high Interest if you refuse to pay the will start calling your contact and tell them you have collect a loan from them without paying which is shameful.
Bank Details Bank details make sure you have a commercial bank account, not a wallet or microfinance account many loans application won’t give you a loan when they realize that you’re using a wallet or microfinance bank so make sure you have a commercial bank account with active ATM card and make sure your ATM is not up to Date I mean the ATM must have a duration of one year to Expire.
BVN Number Make sure you have all your BVN information which includes your DOB correct name in BVN and address If you don’t know any of these your loan application will be rejected automatically, so make sure you have all these in your head or write it down.
What Is Loan Credit Score
- Transactions
- Enough data on the phone
- Good payment of loan from another platform
Transactions: These are the most important things make sure you have enough transaction history in your phone because loan applications are looking for your transactions from other platforms from your banks, I mean make sure you have enough transaction history in your SMS to make a lot of transactions and never delete any message make sure you have enough transactions history in your SMS sections before applying for a loan.
Enough Data On the Phone This includes contacts SMS and other applications Make sure you’re not applying for a loan from a new phone, at least make sure your phone has enough Applications and Contacts have like 1000 contacts plus on your contacts list for you to qualify for a loan.
I will advise you to have enough social media applications on your phone like Facebook, WhatsApp, Instagram, TikTok, and many more to set everything up.
Good payment of loan from another platform Make sure you do not owe money from any loan platform before applying for a loan because loan applications are checking for your Credit Record If you collect a loan from another platform make sure to pay the loan in time.
Never allow any loan platform to report your BVN to credit Bereu, because Reporting your BVN is the most whose thing that will disqualify you from getting a loan Whenever you try to access a loan you will automatically Decline.
What to do before applying for the loan
Read this section very carefully I believe you will learn many things because people are just downloading applications and applying for a loan without knowing how the loan application works.
We have three different loan applications which I will list and explain to each and everyone in this section you have to know them for you to get quick loan approval.
- Microfinance Applications
- Direct Loan Applications
- Illegal loan Applications
Microfinance Applications: This is the most trusted and most secured loan application because this application has three to four features features are
- Loan
- Saving
- Invest
- Transactions
In these applications, you can save your money and make transactions like transferring money purchasing airtime and data, paying bills, and many more.
You can also invest have different investment plan You can choose one and invest the amount you can All your information is saved all your savings are secured and microfinance have a license with CBN.
Apply For Nirsal Microfinance Bank Loan Application By Amazon 2023
Tips: Before applying for a loan I will advise you to make some transactions on the applications and if possible invest some amount of money on it, and make sure you have verified the application, I mean if the application is TIER-TIER take your own to the last TIER by Verifying all your pieces of information and upload all the requires documents this will make you more Qualify and will get you the high loan amount.
Example Of The App:
- Fair money
- Carbon
- Palmpay
- Wemabank
Direct Loan Applications: These applications are made for LOAN only after registering on the app All you will find are loan options only you can save or perform any transaction with the app These types of loan applications are always looking for your Credit score before they can provide you a loan.
They are sharing people’s Data with their partners because many of them are operating under a particular platform.
So make sure that if you qualify from one category of this application you can also get another loan from another application.
They will send you an SMS that carries a link to download the app and apply for a loan and the approval is automatic because they already validate your phone number on their system.
Example Of The App:
- Lcredit
- Okash
- Xcredit
- Tcredit
Illegal Loan Applications: This is the most useless Loan application this type of loan application are operated by a group of people living in Lagos and other Southern part of Nigeria.
This type of application is not secure at all so providing your information to this application is not recommended, These types of people are getting your phone number from other loan applications and sometimes you will just receive a call from a lady asking you to take a loan from their platform.
She will now send you a link through SMS and WhatsApp After registering on this application all your pieces of information go to the Agents and the approval is done manually.
The applications have a high interest they may give you 12,000 and ask you to pay 20,000 in 7 days and if you never pay they will now stop disturbing you and expose you as a criminal to your family and friends contacts.
Example Of The App:
- Cashmama
- Cashlion
- Some money
- Lifepurse
These are how loan applications work and we have already provided a procedure to apply for a loan successfully without making a mistake all you need to do is to visit this url to read and apply for a loan.
Apply For A Loan:
Latest And Tested Application For Loan 2023
If you have any questions you can use the comment box below and I will respond to you immediately thank you.
