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WOW- Everything You Need to Know About Paylater Online Loan
#1
Paylater is a service provided by One Finance & Investments Limited
(RC No: 1044655), a licensed Finance company.
Interest is charged at a daily rate of 1% which means that if you
borrow ₦10,000 you’ll have to pay back ₦11,500, in 15 days,
or ₦13,000 in 30 days.


How does this work?

For first timers, the maximum range is N10,000 after which Paylater
expects a total of N11,500 in 15 days or N13,000 in 30 days. There
are really no hassles involved in this as they simply debit the said
amount from your bank account on the due date.
For the application process, Paylater has made it easy for applicants as
they all have to go through their Facebook accounts (which already
has details of each person) to login.
They currently offer two loan packages:
PAYLATER (loans available to all) & PAYLATER PLUS (loans for
salary earners).
Requirements
>>Android Phone
>>Real Facebook Account
>>BVN


Why BVN?

The BVN provides all the verification details the company needs
before they can give out loans. It “verify that the individual applying
for a Paylater loan is the same as the owner of the provided bank
account.”


How Do I Payback my Loan?

On the due date, Paylater.ng automatically debits your account by the
amount you owe, if you are not comfortable with that, you can pay
manually.
Once you log into your dashboard, you will see the current loan you
have applied for and you will also see the PAY NOW button. Click on it
and the page below would come up.
Enter your credit card details appropriately and click OK once you are
done.


How Can I Apply For a Loan?

It’s simple! Just follow the steps below to apply for a Paylater loan:
1. Download the Paylater app on play store
2. Register your personal details
3. Choose your desired loan amount and duration
4. Submit your application. You will get a loan decision in seconds.
5. If approved, your account is credited within 30 minutes.
You can chat them up on twitter

#2
Nice, but how legit is it?
Do you want to purchase credits? Click here!
  


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