FairMoney Launches FlexiCredit for Nigerian Professionals, Offering Instant Access to ₦5M Credit Line
FairMoney, a leading Nigerian microfinance bank, has introduced FlexiCredit, a premium credit line tailored for Nigerian professionals. This new offering provides instant access to funds of up to ₦5,000,000 through the FairMoney app, with a daily interest rate of 0.25%.
FlexiCredit aims to address the challenges faced by professionals in accessing traditional credit by offering a convenient, flexible, and hassle-free solution. Eligible users must earn a minimum of ₦250,000 per month, have a good credit score, and complete level two KYC on the FairMoney app.
The credit line requires the first withdrawal within 60 days and offers a transparent and user-friendly repayment process.
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