WeNaira is a personal loan platform for borrowing needs. Purposes for personal loans can include financing a large purchase, covering an emergency expense and consolidating debt. Personal loans, which are typically unsecured, are paid back in monthly installments with interest.
All loans consist of three components:
- The interest rate
- Security component
- Term and conditions
Obviously, it must be comfortable with you before proceeding with any platform.
Getting a personal loan is a good idea if you have a stable income and a good credit score because you will then be offered a low rate of interest.
WeNaira Loan App Advantages
- Application on mobile phone
- Online instant personal loan
- Affordable low interest rates
- High loan approval rate
- The application materials are safe and confidential.
Wenaira Loan Scale
Loan amount: ₦2600-₦26000
Loan period: 92-366 days
Annual interest rate: 36%-360%
Age; must be 18 or above.
Example calculation: A user loan is ₦10000, the annual interest rate is 100%, and the term is 92 days. After deducting the handling fee, the interest payable is ₦2513.6
Calculation method: ₦10000*100%/366*92=₦2513.66
How to get a Wenaira Loan
-Download the WeNaira app
-Register with your phone number
-Click “Apply” on the homepage
-Answer some simple questions
-Select amount and period
-Accept loan offer
-Submit waiting for our review
-After approval, confirm the loan and enter bank details
-Our money will be directly transferred to your bank account
Wenaira Loan App Statistics
App Category: Finance
Downloads: 50,000+
Most Popular Country: Nigeria
Last Updated: 12/11/2020
File Size: 8.3M
Minimum OS Version: 5.0 and up
Wenaira Loan App Alternatives
- Sokoloan
- Gocash
- Zedvance
- Renmoney
- Baobab
- Specta
- Lidya
- Palmpay
And so on….
