In Nigeria, Lairaplus is an online lending provider that provides secure personal credit loans. You can quickly borrow money with Lairaplus to take care of your financial necessities.
This thorough guide will provide you all the details you require regarding Lairaplus loans, including interest rates, prerequisites, how to apply, where to download the app, and who to contact for customer service.
Interest Rate
It’s critical to comprehend the interest rate involved with any loan while selecting one. Lairaplus provides loans with annual percentage rates (APRs) ranging from 16% to 36%.
The size of the loan and the length of the payback period are two variables that may affect the real interest rate.
The interest rate on any loan offer should always be confirmed before being accepted because interest rates might change over time.
Let’s look at a representative example to see how the interest on a Lairaplus loan is calculated:
The loan is for N20,000.
Term of Loan: 180 Days
16% interest rate
Using the equation: Interest is calculated as (Loan Amount * Interest Rate/365). * Loan Terms
Interest is equal to (1,578 x (20,000 * 16% / 365) * 180)
No service charge
Total repayment: 20,000 plus 1,578 for a total of 21,578.
Requirements
You must meet specific standards in order to be qualified for a Lairaplus loan in Nigeria. The following criteria apply:
- Age: You have to be at least 18 years old.
- Nationality: You must be a citizen of Nigeria.
- Have a valid bank verification number (BVN).
- Have a personal checking or savings account.
- Source of Income: Prove that you have a consistent source of income.
- Maintain a solid credit history to increase your credit score.
To improve your chances of getting a loan approved, it’s crucial to satisfy all of these standards.
How to Apply for a Loan with Lairaplus
Applying for a Lairaplus loan is a simple procedure that may be finished on a mobile device. An instruction manual for applying for a Lairaplus loan is provided below:
- Search for “Lairaplus” on the Google Play Store to download the LairaPlus app. To start the download process, look for the official Lairaplus app and click on the first result.
- Create an Account: Open the app after downloading it, then create an account with your phone number.
- Information Submission Fill out the necessary information on the app, making sure to include accurate information about you, your earnings, and your bank account.
- Wait for Approval: After submitting your loan application, Lairaplus will examine it and decide whether to approve it. Usually, this procedure is quick.
- Get the Loan: If your loan application is granted, you will receive the funds in your registered bank account right away.
You can quickly apply for a Lairaplus loan and get the money you require by adhering to these easy procedures.
Lairaplus: Is It Legit?
In Nigeria, Lairaplus is an authorised loan provider. It provides qualified clients with safe and dependable personal credit loans.
However, it is important to keep in mind that businesses can change over time, so when working with any financial institution or loan provider, it is essential to use due diligence and make educated selections.
Download the LairaPlus lending app
You can download the official Lairaplus app from the Google Play Store to easily access Lairaplus lending services.
But you must be careful when downloading apps, and you should only get them from legitimate app shops. Unauthorised sources can provide security risks or offer pirated versions of the app.
Observe these procedures to safely download the Lairaplus app:
- the Android device’s Google Play Store should be opened.
- Use the search bar to look for “Lairaplus”.
- The official Lairaplus app can be downloaded by selecting the first result.
- Put the application on your phone.
- Click to launch the app after downloading it.
- Create an account, then continue to the loan application.
You can safely download the Lairaplus app and use their loan services by following these instructions.
Care for clients
Contact the customer service department of Lairaplus if you need help or have any queries about your loan. Lairaplus offers several ways to get in touch with their support staff:
- Email the customer care department at support@lairaplus.com with your question, and they will get back to you right away.
- WhatsApp Messaging: Lairaplus can be contacted over WhatsApp by sending a message to +234 7030909048.
- Lairaplus can be found at 87 Nosamu Street, Ajengule 102103, Lagos.
- Please feel free to get in touch with Lairaplus customer support through any of these channels if you need help or have questions.
Conclusion
Finally, Lairaplus is a dependable lending company that offers easy access to personal credit loans in Nigeria.
You can apply for Lairaplus loans to help with your financial needs by sticking to the criteria, following the instructions, and utilising the official app.
Keep up with interest rates and get in touch with their customer service department if you need any help.