Lend me program how does it work

What is the LendMe Service? How does the service work? How to qualify for the LendMe Service? How to borrow a loan from GTT? How much can I borrow? Your credit is set using a combination of your top up frequency and recharge history. How do I repay my loan? Repaying is easy! The loan can be repaid in a number of ways: After recharging your account, the credit will automatically be deducted from your core balance for both the loan borrowed and the service fee attached.

If the top up amount is not enough to cover the entire loan balance plus fees, the credit will be held as a partial payment towards the outstanding balance, all subsequent recharges will be deducted until the loan is repaid in full.

If the customer does not recharge his account within 30 days, the outstanding loan balance will be deducted either partially or totally from the customer core balance. Your LendMe credit can also be used to activate data plans. Is this service also available for Postpaid customers? No, this service is only available to prepaid subscribers. Is this service available while Roaming?

Yes, you will be able to access the LendMe service while roaming. Will I be notified when my core balance or top up is applied towards repaying my loan?

What happens if I do not repay my loan? Applicants must be 18 years and above and a resident of Lagos State with a verifiable source of income. How much does the loan cost? Interest and Repayments rate are dependent on loan amount and duration.

Both are displayed together for easy reference. What can I use the loan for? How long does a long decision take? Loan decisions are made and communicated to you in minutes!

By downloading the app and filling out the required details, your loan can be ready in minutes. How much can I borrow? The minimum amount is N1, and the maximum is N, As you fulfil your loans, you'd increase the amount you can borrow. How do I repay the loan? The process of repaying a loan has just gotten a whole lot easier. You have three alternatives for repaying loans on Lendme ; all you have to do is choose the one that is most convenient for you.

You can pay back your loan using a debit card, or by USSD. To repay your loan via debit card follow these steps Cards with validity less than 60 days will not be allowed for registration - Go to Account History and select Loan from the transaction history page. The bank account will be provided upon request. Please state clearly your loan ID on each repayment via transfers.

A successful loan repayment via the app should take no more than an hour to reflect on the app. If your payment has not been updated after 24 hours, please email a screenshot of the debit alert or payment receipt to help mylendme.

Can I have multiple loans or vary the terms of an existing loan? Loans are one at a time only and the terms of an existing loan like rollovers are not allowed. Can I prepay loans before due dates? Absolutely YES and this further improves your chances of higher loan sums. What if I am unable to pay due to circumstances beyond my control? We now offer Loan restructuring options ,this enables you to extend your loan tenure so that you do not go into default when you are unable to meet up with the payment due which will impact your credit records.

Please email our helpdesk for further assistance on help mylendme. How do I check my BVN details? We are committed to building financial systems that make life better for everyone. Fast and convenient for instant loans. It has seen my through difficulties when I need urgent cash. Excellent service. Aiyenigba Olalekan. Lend me is a very accurate and wonderful loan app, and provides an easy-to-repay method that is second to none.

Excellent, LendMe is the most flexible, fair, fast and considerate online lending company in the whole of Africa. Lend me is actually the best. They disburse your loan fast and you don't have to payback the whole sum at once on the due date. They'll take in installments as already stated. Makes easier to repay. Good stuff. Goodnews Ibiang. Registration is quite easy and straightforward.

Disbursement is fast. The split of the repayment makes it easier to pay back. My first experienced with dis particular app was great!! They disburse loan easily and their interest rate is fair. Adetomiwa Modupe.