Retail Loan – Everything You Need to Know

retail loan
Most times in businesses, business owners seek to expand their businesses, drive more revenue and make more sales, this has led many businesses to obtain loans from banks. In this article, we will discuss extensively all you need to know about the retail loan, how to obtain it, the requirements, and some of the reasons why your loan is not approved most of the time. Finally, we will equally answer some of the frequently asked questions you might have about this article. Stay tuned and pay close attention. What Are Retail Loans? At times, businesses face ups and downs, this is why it is normal and prevalent for business owners to need loans at some point in their business. When you borrow a loan as an individual or as a separate business, the loan you have borrowed is called a retail loan. Retail loans are loans that individuals and...

How to Reduce Loan Interest Rate

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...

How to Identify Personal Loan Fraud

personal loan fraud
Over the last few years, there has been a significant increase in the number of loan platforms across the country. Most of the loan platforms are online loan platforms, and this has equally caused a significant increase in the number of personal loan frauds. Most business people are gullible, and as such, they do not conduct intensive research before applying for a loan on any platform, thereby ending up being victims of personal loan fraud. This article aims to open the eyes of business owners to what personal loan fraud is all about, how to identify it, and, most significantly, some of the frequently asked questions they might have in mind. Ways To Identify Personal Loan Fraud There are various ways to identify multiple loan frauds, and in this article, we will be looking at some of the most important ways you can do this. Some of them...

How to Check Nirsal Loan Status — 6 Easy Steps

narsal loan
Nirsal loan platform is one of the loan platforms created as a support group for businesses ravaged by the COVID-19 pandemic, from small to medium-sized companies across the country. Everyone or business affected by the pandemic can easily apply for this loan, and you can obtain from 250,000 to 25 million Naira. This makes this loan one of the most sought-after types of loan in Nigeria. However, most people do not know how to check their loan statuses. To apply is one thing, but you will be required to regularly check your Nirsal loan status to know if your loan application has been approved or not; this is why we put together this article. In this article, we will discuss extensively how to check your Nirsal loan status. We will equally answer some of the most frequently asked questions. Stay tuned and pay very close attention. Overview...

Monnify App

[vc_row][vc_column][vc_column_text] Monnify App: How To Sign Up And Everything You Need To Know. [monnify_callback] In the past, businesses faced a lot of difficulties. From accessing funds to payment gateways. However, with the advent of technology in the banking and finance sector, the need to create payment gateways to enhance financial services digitally intensified. To meet up with that, banks have moved from just being physical banks to digital banks through the use of mobile apps and USSD codes. With the emergence of these digital banking systems, one can comfortably order an item from an e-commerce platform without any difficulty in payment. Aside from that, there are other payment pathways or gateways that enable smooth transactions between buyers and sellers. One of such gateways is the Monnify...