Get instant loans from 1500 NGN - 3M NGN
Get a quick loan
in 5 minutes
Life happens, but we are here to help you get back on track and achieve your goals with a quick and easy, collateral-free personal loan.
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Our Best Features
Access personal loans of up to ₦3,000,000
Enjoy loan top-ups that give you access to more funds to reach your goals even as you service an ongoing loan
Apply for a loan extension for convenient loan repayment
Competitive interest rates
Our Best Features
Access personal loans of up to ₦3,000,000
Enjoy loan top-ups that give you access to more funds to reach your goals even as you service an ongoing loan
Apply for a loan extension for convenient loan repayment
Competitive interest rates
Our Best Features
Access personal loans of up to ₦3,000,000
Enjoy loan top-ups that give you access to more funds to reach your goals even as you service an ongoing loan
Apply for a loan extension for convenient loan repayment
Competitive interest rates
Our Best Features
Access personal loans of up to ₦3,000,000
Enjoy loan top-ups that give you access to more funds to reach your goals even as you service an ongoing loan
Apply for a loan extension for convenient loan repayment
Competitive interest rates
Why FairMoney?
Fast and easy process
You can now have access to credit in just 5 mins.
No Collateral Required
Enjoy collateral free loans with minimum documentation
Competitive interest rate
If you are looking for a loan with the best interest rates in the market, you have arrived at the right place!
Longer loan tenures
Enjoy loan tenure as long as 24 months
Eligibility
01
Must have the Fairmoney MFB app on your Android smartphone
02
Must be 18 years old and above
03
Must be a Nigerian citizen
Requirements
01
Bank verification number
02
Proof of employment (Salaried, self-employed, student)
03
Monthly income of a minimum salary of ₦1000
04
Credit History
How our instant loan app works
Download the App
Sign up/Log in
Complete the registration process for the loan
Select the loan offer
Done! You will receive your loan soon.
Download the App
Sign up/Log in
Complete the registration process for the loan
Select the loan offer
Done! You will receive your loan soon.
Download the App
Sign up/Log in
Complete the registration process for the loan
Select the loan offer
Done! You will receive your loan soon.
Download the App
Sign up/Log in
Complete the registration process for the loan
Select the loan offer
Done! You will receive your loan soon.
Download the App
Sign up/Log in
Complete the registration process for the loan
Select the loan offer
Done! You will receive your loan soon.
Loan amounts range between ₦1,500 to ₦3,000,000
Repayment periods From 61 days to 18 months
Monthly interest rates that range From 2.5% to 30% (APRs from 30% to 260%)
An example of a FairMoney loan
Borrow ₦100,000 over 3 months
- Interest (total cost of the loan): ₦30,000 (30% rate)
- Three Monthly Payments: ₦43,333
- Total Amount Payable: ₦130,000
- Representative: 120% APR
Calculate your Monthly Payments in 3 easy steps!
With the FairMoney personal loan calculator, you can estimate how much you need to pay monthly, your interest & total payment
Here’s What Our Customers Say About Us.
When ASUU called off the strike and my daughter was to go back to school, the money I was expecting wasn't forthcoming and my daughter is about to graduate. It’s FairMoney loans that helped us.
I started a new business in school. It’s been going well, but I needed some money to buy things for this season. Can’t ask my parents because things are tight. I eventually used FairMoney loans, and my business has been growing.
Omolara Gbademosi, 43
Nurse
A run to app when Sapa comes knocking!
Great interest rate.
Unable to pay your loan when due?? No worry!! you can get an extension!
Still need more funds while currently on a loan, Top up is ready to always bail you out! lol
Amazing discounts on bills/utilities payment!
Cash back on every ATM transaction!!!
Why i no go make yanga with my Fairmoney app!!
Hian!!!What are you waiting for!!? Download the app now !
Oramalu Immaculate
This loan app is far the best because it has features which other doesn't have especially the loan extension. If you had challenges in repaying you can extend to the future. I highly recommend this loan app. I have been using loan app for the past three years but I didn't know there is one like Fairmoney. Thanks for the distinct feature. Kudos.
Donoral Emmanuel
Frequently Asked Questions
Can I get another loan immediately?
As soon as your previous loan repayment is confirmed, you can reapply immediately and get another loan in seconds!
Do I need documents or collateral?
No document, no collateral! You will only need to share your BVN details during the loan application and connect your card or bank account to authorise us to debit your account for the repayment.
How much can I borrow and for how long?
FairMoney offers loans of up to N3,000,000 for a period of up to 24 months. The better your lending history and positive behaviour, the more you can access and the longer your repayment period!
How can I get a loan?
Applying for a loan at FairMoney is easy and simple! Please follow the steps below to access a loan with us:
Download the FairMoney App via Google Play Store using this link: https://fairmoney.app.link/9mVwx3ahv9
Sign up with the phone number linked to your BVN.
Answer a few questions, and confirm your identity to receive a loan offer. Once you accept the offer, you will receive your loan within 5 minutes.
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