Last updated on September 14th, 2020 at 08:12 pm
Fido App For Loan: Access Instant Loan In Ghana With Fido Loan
Fido Loan App For Ghanaians Africa – Fido money lending application, a financial application powered by Fido organization. It is one of the profoundly recommended credit lending platforms for borrowers or business owners living in Ghana Africa.
Since the developer is licensed legally and regulated by the Bank of Ghana, it, therefore, means that the chance of fraud is low. Along these lines, as an entrepreneur or individual searching for fast cash to finance immediate needs or expenses in Ghana, Fido money lending is a preferred choice to go to.
Here are some of the interesting features of the Fido App For money lending:
- You can apply for credit easily from your home or office. Even on the off chance that you have a bustling schedule and couldn’t get enough time to visit a bank or maybe the ATM in your area is out of cash, you can generally resort to moment advance on the Fido application.
- In the event that you are confused about whether you should take an advance for a specific errand or not, this application will help you. Sometimes, we are so upset due to situational and financial factors that we neglect to make decisions. In such conditions, this astounding application will help you make the credit request decisions. Fido on your mobile means you are only a tap away from credit alert to your financial balance.
- Another stunning feature of Fido money lending application is that there are no hidden charges. All the payment details and the charges are clear at the time of recording a credit application; once you are going to present an advance application, you will see every one of the details regarding the aggregate sum in this app. Fido does not charge forthright fees on advance secured, rather a processing fee of 12GHS endless supply of your advance. Also, read more!
- To apply for a credit on the lending application, you needn’t bother with any paperwork. You are likewise not required to visit the bank for applying for the advance. Along these lines, this application brings more ease and solace into your life through its moment advance office.
What Are The Benefits I will Get With Fido?
This has been question asked as regarding Fido app Loan. thus; what do I you get with Fido?
There are beneficial features one can get with Fido App Loan. Below are the things you can get when applying for Fido loan App process.
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- In the event that or in case you are applying for your first loan, you can receive up to GHS 200 and repay between 10 and 33 days.
- You will enjoy a higher loan payout of up to GHS 600 every time you repay the extraordinary loan with lower interest rates on the subsequent loan.
- The interest rates displayed for new customers on Fido lending application begin at 14% for 30 days while existing customers with a decent history of paying on time get as low as 8% interest for 30 days.
- You are free to choose loan repayment terms that line up with your specific needs and this varies from 10 to 90 days. You can likewise pay back the loan due in one installment or in tranches depending on your eligibilities. The loan on Fido is designed to help with urgent cash and not for long haul obligations. The Interest rate is set at a top of 0.466% per day which decreases. For instance, on the off chance that you take 600 GHS for 30 days at a rate of 0.266% per day, your yearly percentage rate (APR) for a loan secured including relevant charges, is 123%.
- Fido loans don’t accrue funds, nor are not eligible for extension or refinancing beyond the stated term.
What do I need to apply For Fido Loan?
The following are the requirements needed to apply for Fido loan application, thus;
- A legitimate ID (voter’s ID, biometric visa, NHIA) and unique bank statement.
- A mobile money account that is in any event 2 months old/Not less than 2 months old;
- Customer must be a resident of Ghana, over 18 years of age.
How To Download Fido Loan App? | Download Fido Money Lending Application!
Fido money Loan App is very easy to use, because of its simplest user interface designed to show relevant information you need for your loan decision.
To explore the application, you need to download Fido credit on your mobile devices by propelling the Google play store. and must register as a new user after knowing that you have met the Fido Loan requirements. At the Google Play Store, search for Fido App and Tap on Install from the search results and initiate the download process which should take less than five (5) minutes.
there is an alternative to Fido lending registration that can be done straight on your PC. Users just need to visit Fido official on their PC here. fill necessary info needed for loan approval and submit the application.
Before you proceed, let’s learn about some of its requirements. So as to use this application for taking the loan, you should meet the criteria mentioned earlier, then you are eligible to apply for the Fido Money loan Application.