All Requirements to Get Zedvance Loans and Interest Repayment Plans

All Requirements to Get Zedvance Loans and Interest Repayment Plans

It is true that in everyday living in Nigeria, we all need money, and acquiring it is not always simple. Do you have enough money to handle a pressing problem? Or do you require funds to develop your business? Then obtaining a loan from a trustworthy loan servicing firm would go a long way toward resolving your problems and removing the stress lines from your face.

When you think of loan servicing companies in Nigeria today, one name that comes to mind is Zedvance Limited, a customer financing agency committed to providing client credit to their target market in the most business-like manner possible utilizing the finest implementations.

All of this, however, with little or no worry or effort on the part of their customers.

All You Need To Know To Qualify For A Zedvance Loan Is Listed Below.

Qualifications:

• You must have a steady source of money and a means of subsistence (paid employment).
• You must be between the ages of 22 and 55.
• You must have a working salary account.
• You must have a pension plan.

Here Are the Loan Requirements:

1. A passport photograph is required.
2. You must have a valid form of identification (could be your drivers license, a national identity card, a permanent voters card or an international passport).
3. You must give 6 months of your bank account statement, which will be fully confirmed and printed by your bank via one of our agents.
4. Make an employee identification card available.
5. A letter of employment as well as a Tax ID or a pension statement are required.
6. A direct debit mandate or NUBAN cheques must be provided.
7. You must supply a guarantor who is a member of your organization's permanent personnel (for an outsourced or unconfirmed employee)

How to Make a Loan Application

• To apply for a loan, go to their office at 177A Ligali Ayorinde Street, Victoria Island, or go to www.zedvance.com.
• Fill in the necessary areas for email, cellphone number associated with your BVN, BVN, date of birth, and password.
• Then click submit.

Here are their current interest rates.

Zedvance lending services use risk-based pricing to determine loan payback. For example, if you borrow #50,000 and return it in 6 months, your monthly payback will be #10,283.33, totaling #61,699.98. However, repaying the same amount in three months would necessitate a monthly payback of $18,616.67, for a total of $55,850.01. This simply means that repayments are made and calculated based on the amount of risk involved.

It should be noted that loans can be repaid through check or direct debit mandate. Payments can also be placed in any of the Zedvance account numbers given on their website. Part payments on loans are not permitted since loan payment dates are established and agreed upon prior to loan disbursement. Depending on your financial flow, you may be able to seek a modification in payment date.

It is vital to highlight that no loan repayment should be made to the personal account of any Zedvance representative, whether or not they are related to Zedvance Limited.