NairaRush
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| Rating | |||
|---|---|---|---|
| Nigeria | 100%7 | 1.57 |
Description
NairaRush is a digital lending application that enables eligible users to apply for personal loans quickly and conveniently.
Our simple application process and secure platform make it easy to submit your loan application, monitor its progress, and manage your repayments.
Loan Introduction
Loan Amount: ₦5,000 – ₦100,000
Loan Term: 91–365 days
Daily Interest Rate: 0.06%
Maximum Annual Rate of Interest (APR): 21.9% (calculated based on 365 days)
The final loan terms, including the approved loan amount, repayment period, and applicable interest rate, are determined based on your eligibility and our risk assessment.
Representative Example
If you borrow ₦20,000 for 128 days at an APR of 21.9%.
Principal: ₦20,000
Interest: ₦20,000 × 0.06% × 128 = ₦1,536
Total Repayment: ₦20,000 + ₦1,536 = ₦21,536
Calculation of Maximum Annual Percentage Rate(APR)
APR = (₦21,536 - ₦20,000) / ₦20,000 / 128 * 365 = 21.9%
Why Choose Us
We use industry-leading security standards and encryption technologies to safeguard your information and financial transactions.
Count on us for reliable solutions that support your financial needs every step of the way.
Benefit from the knowledge and experience of our financial experts dedicated to delivering effective solutions.
Our platform ensures seamless access to financial services across devices and locations.
Eligibility Requirements
Minimum age requirement
Applicants must be 18 years of age or older and meet all eligibility criteria to apply for and receive loan services.
Valid identification
Applicants must provide valid identification documents for identity verification and account registration.
Active bank account
Applicants must have an active bank account to receive loan disbursements and complete repayment transactions.
Credit assessment
All loan applications are subject to credit assessment and risk evaluation to determine eligibility, loan amount, repayment terms, and applicable interest rates.
Company Information and Support Contact
CORELITH TECH LIMITED.
Address: 6, ADEKOYA STREET ALAGBOLE, LAGOS, LAGOS STATE, NIGERIA
Email: [email protected]
Phone: +234 07026860904
**Important Notice**
NairaRush is committed to promoting responsible borrowing. Customers are encouraged to borrow only amounts that they can comfortably repay within the agreed repayment period.
Failure to make repayments on time may result in additional charges and may negatively impact your credit profile. Loan approval, loan amount, repayment terms, and applicable interest rates are determined based on eligibility assessment and risk evaluation.
NairaRush operates in compliance with applicable Nigerian financial service regulations and takes appropriate measures to protect your personal information. Your data is handled securely in accordance with our Privacy Policy.