Principal

Tenor
Rate
Fee
Prin + Fee

450,000.00
7
95%
3.1%
464,085.00

Principal
Tenor
Rate
Fee
Prin + Fee

450,000.00
8
95.0%
3.1%
464,085

Repayment

526,459.42
31.61%

80,502

400,000
3.51%

80,000.00
100,000.00
120,000.00
140,000.00
160,000.00
180,000.00
200,000.00
220,000.00
240,000.00
260,000.00
280,000.00
300,000.00
320,000.00
340,000.00
360,000.00
380,000.00
400,000.00
420,000.00
450,000.00
460,000.00
480,000.00
500,000.00

Repayment
82,504.00
103,130.00
123,756.00
144,382.00
165,008.00
185,634.00
206,260.00
226,886.00
247,512.00
268,138.00
288,764.00
309,390.00
330,016.00
350,642.00
371,268.00
391,894.00
412,520.00
433,146.00
464,085.00
474,398.00
495,024.00
515,650.00

93%
15,711.50
19,639.38
23,567.26
27,495.13
31,423.01
35,350.89
39,278.76
43,206.64
47,134.51
51,062.39
54,990.27
58,918.14
62,846.02
66,773.90
70,701.77
74,629.65
78,557.52
82,485.40
88,377.22
90,341.15
94,269.03
98,196.91

98%
15,937.18
19,921.48
23,905.77
27,890.07
31,874.37
35,858.66
39,842.96
43,827.25
47,811.55
51,795.84
55,780.14
59,764.43
63,748.73
67,733.03
71,717.32
75,701.62
79,685.91
83,670.21
89,646.65
91,638.80
95,623.10
99,607.39

80,000
100,000
120,000
140,000
160,000
180,000
200,000
220,000
240,000
260,000
280,000
300,000
320,000
330,000
350,000
380,000
400,000
420,000
440,000
460,000
480,000
500,000

Repayment
82,504
103,130
123,756
144,382
165,008
185,634
206,260
226,886
247,512
268,138
288,764
309,390
330,016
340,329
360,955
391,894
412,520
433,146
453,772
474,398
495,024
515,650

2
46,213
57,766
69,319
80,872
92,426
103,979
115,532
127,085
138,639
150,192
161,745
173,298
184,851
190,628
202,181
219,511
231,064
242,617
254,171
265,724
277,277
288,830

3
31,966
39,958
47,949
55,941
63,932
71,924
79,915
87,907
95,899
103,890
111,882
119,873
127,865
131,861
139,852
151,839
159,831
167,822
175,814
183,806
191,797
199,789

103%
16,164.27
20,205.34
24,246.41
28,287.48
32,328.55
36,369.61
40,410.68
44,451.75
48,492.82
52,533.89
56,574.95
60,616.02
64,657.09
68,698.16
72,739.23
76,780.29
80,821.36
84,862.43
90,924.03
92,944.57
96,985.64
#########

108%
16,392.76
20,490.95
24,589.14
28,687.33
32,785.52
36,883.72
40,981.91
45,080.10
49,178.29
53,276.48
57,374.67
61,472.86
65,571.05
69,669.24
73,767.43
77,865.62
81,963.81
86,062.00
92,209.29
94,258.38
98,356.57
#########

113%
16,622.64
20,778.30
24,933.96
29,089.62
33,245.28
37,400.94
41,556.60
45,712.26
49,867.92
54,023.58
58,179.24
62,334.90
66,490.56
70,646.22
74,801.88
78,957.54
83,113.20
87,268.86
93,502.35
95,580.18
99,735.84
#########

4
24,863
31,079
37,295
43,511
49,727
55,943
62,159
68,375
74,590
80,806
87,022
93,238
99,454
102,562
108,778
118,102
124,317
130,533
136,749
142,965
149,181
155,397

5
20,618
25,773
30,927
36,082
41,237
46,391
51,546
56,700
61,855
67,009
72,164
77,319
82,473
85,050
90,205
97,937
103,091
108,246
113,401
118,555
123,710
128,864

6
17,802
22,252
26,703
31,153
35,604
40,054
44,504
48,955
53,405
57,856
62,306
66,757
71,207
73,432
77,883
84,559
89,009
93,459
97,910
102,360
106,811
111,261

118%
16,853.89
21,067.37
25,280.84
29,494.31
33,707.78
37,921.26
42,134.73
46,348.20
50,561.68
54,775.15
58,988.62
63,202.10
67,415.57
71,629.04
75,842.51
80,055.99
84,269.46
88,482.93
94,803.14
96,909.88
#########
#########

9
13,161
16,452
19,742
23,033
26,323
29,613
32,904
36,194
39,484
42,775
46,065
49,356
52,646
54,291
57,581
62,517
65,807
69,098
72,388
75,679
78,969
82,259

Category
Repayment
Top-up
New Application
Reapplication

Discount
Level
APR
Flat

Points
50
100
200
250

SN
1
2
3
4
5
6

Level
Platinium
Gold Plus
Gold
Silver
Bronze
Standard

Points Band
4500 - above
3201 - 4500
2001 - 3200
1000 - 2000
501 - 1000
0 - 500

96%
1
117%
6.09%

2
3
112% 108%
5.81% 5.58%

4
104%
5.36%

5
99%
5.09%

7
8
9
10
11
12
13
14
15
95%
92%
88%
84%
81%
78%
75%
72%
69%
66%
4.87% 4.70% 4.49% 4.27% 4.11% 3.95% 3.79% 3.63% 3.47% 3.31%

Category
Repayment
Top-up
New Application
Reapplication
Default (<15)
Default (15< >30)
Default (31 < > 45)
Default (Above 60)

Points
50
50
200
250
-50
-100
-150
-200

SN
1
2
3
4
5
6

Level
Platinium
Gold Plus
Gold
Silver
Bronze
Standard

Points Band
4500 - above
3201 - 4500
2001 - 3200
1000 - 2000
501 - 1000
0 - 500

PERSONAL CASH LOAN

Description

Minimum Acceptance Criteria

Document Requirement

Repayment Mode
Repayment Frequency

This is a general purpose cash loan targeted at lower to upper middle

class salary earner.
Age between 22 years and 55 years
Must be a salary earner
Must have a current account
Must have a functioning phone number
Employer phone number to be provided
Must not be blacklisted by a Credit Bureau (30 days PDD)
Must have a pension account or Electronic Tax Card
Government Issue ID
Employee ID
Bank Statement for 6 months
Employment Letter or Pay slip (for 3 months)
Pension Statement or Electronic Tax Card
Post-dated Cheque
Monthly

STANDARD
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee
BRONZE
Classification
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee
Perks
SILVER
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee

Perks

GOLD
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor

Rate
Admin Fee

Perks

GOLD PLUS
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee

Perks

PLATINUM
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee

Perks

Standard
0 - 500
N450,000.00
N80,000.00
8 months
1 month
95% APR (4.87% flat)
3.13 % of Loan Amount taken upfront

Bronze
N450,000.00
N80,000.00
8 months
1 month
88% APR (4.49% flat)
3.1 % of Loan Amount taken upfront
Reduction in interest rate
Loan Principal increased to 400,000

Silver
1001 - 2000
N500,000.00
N80,000.00
9 months
1 month
84% APR (4.27% flat)
3.9% of Loan Amount taken upfront
Reduction in interest rate
Loan Principal increased to 500,000
Loan tenor increased to 9 months
Management fee is reduced to 3.9%
Loan will be processed with 3 hours of application

Gold
2001 - 3200
N600,000.00
N80,000.00
9 months
1 month

84% APR (4.27% flat)

3.9% of Loan Amount
Reduction in interest rate
Loan Principal increased to 600,000
Loan tenor increased to 9 months
Management fee is reduced to 3.9%
Access loan via PageCredit branded Debit Card
Access to Loan 7 days a week excluding public holidays
Loan will be processed within 2 hours of application

Gold Plus
3201 - 4500
N750,000.00
N80,000.00
12 months
1 month
78% APR (3.95% flat)
4.36 % of Loan Amount taken upfront
Reduction in interest rate
Loan Principal increased to750,000
Loan tenor increased to 12 months
Management fee is reduced to 1.2%
Access loan via PageCredit branded Debit Card
Access to Loan 7 days a week including public holidays
Loan will be processed within 1 hours of application

N1,000,000.00
N80,000.00
12 months
1 month
70% APR (3.66% flat)
1.9 % of Loan Amount spread over loan tenor upfront
Reduction in interest rate
Loan Principal increased to 1,000,000
Loan tenor increased to 12 months
Management fee is reduced to 1.2%
Access loan via PageCredit branded Debit Card
Access to Loan 7 days a week including public holidays
Loan will be provided with 20 minutes of application
Annual draw to reward one customer with an all-expenses paid trip abroad.