It’s no longer news that most loan apps in Nigeria now require you to verify your identity by taking a selfie. They see this as a reliable way to know their customers. While this may be effective for them, for some of us who value our privacy, it is bad news. This raises the question: … Read more
Whether you are taking out a loan from Renmoney or any other fintech company, it is important to do your research about such a company before proceeding, especially at a time like this when fake loan apps and loan sharks are on the rise. Renmoney is a financial technology company in Nigeria that became popular … Read more
If you are reading this post, then it’s either because you need access to quick cash and have identified the Ultra Naira loan app as the solution to get the cash that you seek, or you’ve already taken out a loan from the app, but need one or two pieces of information about it. Whatever … Read more
PalmPay is here again with another cool feature that helps you manage your finances through savings. With this feature, you can easily move funds to a secure spot on the app and access them whenever you wish. This saving feature is called the CashBox, and this article will tell you all you need to know … Read more
With the advent of technology, it has become easier to access loans without much hassle. However, some loan apps take advantage of the access they have to borrowers’ bank accounts to deduct money from it and sometimes continue to deduct even after the loan has been fully repaid. This has left many people wondering how … Read more
Desperate times can lead to desperate measures, and sometimes that means borrowing money from a loan shark. While it may seem like a quick solution, loan sharks are dangerous and can trap you in a cycle of debt. If you’re considering borrowing from one, or are already struggling to repay, read on for what you … Read more
As one of Nigeria’s growing financial institutions, Moniepoint has made quite a name for itself. Its integration with a range of financial services has seen it become a favorite for several small and medium-sized business owners. If you are reading this, it’s assumed that you are also one of the many persons who are asking … Read more
“Can Opay receive money from abroad?” “Can I use my Opay account to receive dollars?” We hear these questions frequently, and rightfully so. Opay has transformed the banking scene for many Nigerians. Thanks to them, many Nigerians who once never imagined owning a bank account now have one. With these accounts, they can easily send … Read more
When money’s tight and you’re in a pinch for quick loans, the choices can be slim. Traditional banks often ask for documents and collateral, which might not work for you. And if there’s no family backup, things get tougher. But here’s the bright side: Certain loan apps stand out. These apps step up to provide … Read more
The Bank Verification Number (BVN) is a unique 11-digit number that identifies all bank account holders in Nigeria. It was introduced by the Central Bank of Nigeria (CBN) in 2014 to help reduce fraud and tighten financial security. Your BVN is tied to all the bank accounts you own, so it is a very important … Read more