Categories: How To

Are you considering getting a loan but worried about having to pay a higher interest rate? Do you want to know how to lower the interest rate? the answer is on this article. If you're interested in reducing the interest rate on a loan, the first thing to do is shop around. If you find a better deal elsewhere, then go for it! The next step is to make sure that your credit score is intact and that your debt-to-income ratio isn't too high. Then look at how much money each month goes toward paying off your other debts. Also, consider improving your overall financial situation before applying for another loan so that you aren't even more likely to be approved for one later on down the road. In the next few lines, we will be showing you proven practical steps on how to reduce loan interest rate. Meanwhile, here below is the table of content...

NYSC loans are business loans made available to ex-corp members, corps members, and intending corps members who want to grow and expand their businesses. In this article, you will learn everything about this loan, the eligibility criteria, and how to apply. Also, we will answer some of the frequently asked questions. Read on. Overview Of NYSC Loans The NYSC loan is a loaning scheme made available by the Central Bank of Nigeria to youths who are corps members. This loan is aimed at helping youths support and build their businesses. This loan can be accessed through the Heritage bank. Also, this loan scheme is in partnership with the Youth Innovative Entrepreneurship Development Programme (YIEDP). A program running with the vision of harnessing the entrepreneurial skills and business ideas of the youths through loans. As an intending...

The Covid 19 pandemic affected the world in no small way, and it did not only the daily activities of people but the world's economy reduced drastically. To crown it all, this Novel CoronaVirus dealt with many countries, especially Nigeria, because it struck when people least expected it. In Nigeria, many families found it hard to feed well while some businesses crumbled.  At the time of the pandemic, the Federal government, through the Central Bank of Nigeria, decided to run to the aid of its citizens by releasing credit facilities. In this article, we will explain the meaning of a targeted credit facility, how to apply for it, and everything you need to know about it. Be sure to read this article to the end. Overview Of Targeted Credit Facility We noted earlier that the advent of the Novel CoronaVirus, popularly known as Covid 19,...