FairMoney is a popular loan application for Android that is oriented towards residents of Nigeria. It is possible to receive financial help and repay later.
Users can receive instant loans without paperwork or collateral. It is possible to view repayment plans at low interest rates in the market. Duration varies depending on the amount of money.
There is an option to create an account and receive loans. You can calculate the interest rate before approving the agreement. Thus, you find out how much money you need to transfer every month in order to cover the debt.
As mentioned before, FairMoney is quite popular among users in Nigeria. Thanks to instant loans, it is possible to solve a problem with financial needs.
It is possible to transfer funds to other bank accounts without charges. SImilar to Renmoney, there are no hidden fees. You can help your family and friends by sending money when they need it.
The application allows you to check the current balance and enter the amount you would like to transfer. Apart from providing financial support to people close to you, it is also possible to pay bills and buy airtime. There is a section with payment options.
- allows you apply and obtain fast loans;
- users can help their friends and families by transfering funds to their accounts;
- it is possible to view available balance;
- there is no need to have a collateral when submitting request;
- app is free to download and use;
- compatible with current Android versions.