CareFinance:Quick loan 1.1.7

Care Finance is an online loan application specifically designed for Nigeria, offering users the convenience of applying for personal loans anytime and anywhere. With loan amounts reaching up to NGN 100,000, this platform ensures fast and easy access to financial assistance.

Product Description:

• Loan term: 91-180 days
• Loan amount: NGN 5,000-100,000
• Interest rate: The minimum annual interest rate is 14.4%, while the maximum APR is 21.5% (no additional fees)
• Daily Interest Rate: 0.04%-0.06%
• Service fee: NGN 0

Let's illustrate the payment calculation with a couple of examples:

Example 1:
Loan amount: NGN 10,000
Term: 120 days
Interest rate: 14.4%

The payment amount would be:

1. Loan amount * Interest rate divided by the number of days * Loan term + Loan amount
   (10,000 * 14.4% / 365 * 120 + 10,000) = NGN 10,473

Example 2:
Loan amount: NGN 10,000
Term: 91 days
Interest rate: 21.5%

The payment amount would be:

1. Loan amount * Interest rate divided by the number of days * Loan term + Loan amount
   (10,000 * 21.5% / 365 * 91 + 10,000) = NGN 10,536

Loan requirements:

• Age: 20-55 years
• Nigerian citizen

For any inquiries or assistance, please feel free to reach out:

• Email: [email protected]
• Customer Service Hotline: 018885168
• Address: BANJO STREET OJODU BERGER LAGOS