Dream Loan provide flexible loan products. For online loans in Nigeria, super loans and best loans in Nigeria, please download and apply for Dream Loan.
# SIMPLE STEPS to get a loan on Dream Loan:
1. Install Dream Loan app
2. Sign up with your mobile phone.
3. Add your card (N20 will be charged for card tokenization) and bank account details
4. Apply for your loan
5. Wait for a few minutes.
6. If your loan is approved. You receive cash instantly in your provided bank account.
# UNIQUE FEATURES on Dream Loan?
– Pause Option: you can defer your repayment date for 30 days if you run into any financial difficulties. You can defer for as many times as possible.
– Custom repayment schedule – unlike the other lenders, we allow you settle your loan in split payments, pay parts of your loan whenever you have it.
# RATES AND FEES
– Tenure: Ranges from 180 to 365 days
– Loan Amount: Up to ₦300,000
– APR: Annual Percentage Rate is 10%(lowest)~18%(highest)
For example, if a customer borrows ₦10,000 for 365 days (12 months), the APR is 15%. We would charge the customer ₦10,000 * 15% = ₦1,500 as interest of 365 days repayment period.
Total amount of repayment is ₦10,000 + ₦1,500 = ₦11,500.
As the repayment period is for 12 months
Monthly repayment is ₦10,000/12+ ₦10,000*15%/12 = ₦958.33
PS: Remember you can also pause the pause and defer payments for another month.
PRIVACY & PERMISSIONS
When you download Dream Loan, we will ask for your permission to scan your financial location data and other information in order to verify your identity, creditworthiness, and provide you with an instant loan. We also use this to help you better understand and improve your finances with us. We take privacy seriously – all data you choose to share with us is encrypted and your personal data will never be shared without your consent.
# CONTACT OR VISIT US
We're always excited to hear from you! If you have any feedback, questions, or concerns, please e-mail us [email protected]
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