Monthly NG - Quick Rent Loans

Features Monthly NG - Quick Rent Loans

PLEASE READ REQUIREMENTS FIRST:- 18 or over- Earning at least ₦50,000 a month- Living & Renting in Lagos, NigeriaABOUT THE APPWe pay your landlord, you pay us back…monthly.
Easy-access, zero-collateral financing with a fixed monthly interest rate tailor-made for YOU and your pocketsGet Pre-approved in 24 hours Sign up and enter your information to help us get to know you and your unique financial situation.
Let us know how much you need and how long you want to pay back for.
Get a verdict in just 24 hours.
Lowest Interest Rates The faster you pay back, the cheaper it is.
Interest on your rent financing is calculated on your balance remaining as opposed to your total initial finance amount.Zero Collateral, Zero CosignerYou do not need to submit any form of collateral or need to have a guarantor or cosigner.
Zero HarassmentWe will never compromise your dignity or privacy.
We understand that life happens and sometimes you can’t make payments exactly when you want to.
We will never harass your colleagues or family.
Make payments through the appSimply open the app to easily make payments when due or earlier through direct pay or to notify us when you’ve made a bank transfer.Minimum repayment period is 4 months.Maximum repayment period is 12 months.Minimum annual percentage rate (APR) is 20.5%.Maximum annual percentage rate (APR) is 62.6%.Rate depends on personal circumstances.https://monthly.ng/privacy-policyRepresentative example:Loan amount: ₦500,000Tenure: 12 monthsMonthly repayment: ₦51,741.97Total repayment: ₦620,903.64One time fee: ₦20,000Interest: ₦120,903.64Total cost: ₦140,903.64 (28.18%)