How to borrow or loan money from opay loan is a way of supporting your self in any business. Let explain what is opay loan and how it works.
Quick steps of how to borrow money from Opay loan app
1.Download and register with opay
2.Click on loan on the user interface
3.You loan limit will be calculated then fill the form provided
4. Your money would be transferred within the next two mins instantly
Illustration of how opay loan works
Opay loan is being controlled by a third part company known as Easemoni ,though Easemoni is owned by Fintech microfinance bank.
Easemoni will show you loan limit, for the first time you might see 1,000,000 as your loan limit which you will pay back in one month.
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Though Easemoni can always calculate your loan limit before you start to borrow money .
Stage one:At the first stage your starting loan is #4,000 to repay #4980 . After you might have paid back your loaned money , your limit will increase.
Therefore it is very important to pay back on time so that your credit trust will rise.
Stage two: Once you have paid back your opay loaned money , your credit trust will rise to some level you now be able to loan 23k monthly.
Though it is very important to know that your opay loan limit rises as you pay back your money on time.
How To borrow or loan money from Opay
If you have not Registered with opay , download it from Google play and navigate to the loan service like the picture below.
Click on the opay loan button above then follow the next screen like my own below. You might see 1,000,000 as your limit but do not rejoice yet.
Click on the calculate limit then opay will calculate your limit then your limit will display like my own below.
After seeing your credits limit click on it and fill out the forms .
What you will see in the form is a number that opay would be able to contact if you didn’t pay back.
After that click submit your money would be credited to you from the Easemoni opay loan service ASAP in your opay account or the selected account.
That is very very easy.
Click confirm and follow the next prompt as explained above then you have your money.
You can borrow money from Opay without bvn what you just need is your nin and number that we can contact when we can’t reach you
How to borrow money from opay online
Opay is a digital app that has gained weight and popularity through mobile app, to fight scam , the mobile app help customer to be safe , using the web app will result to financial scam. Download the opay app to loan money
Download the opay app from either play store or apple store
Opay is now available on iPhone check it apple store
How much you can borrow from Opay depends on your credit score. If you used to leave your money on opay for long time your credit limit will start from 4k. So you can borrow up to 4k first time
