Introduction
When you need cash fast, a Carbon loan could be the answer.
With their quick and easy online application, you could get up to ₦1000000 in minutes.
And because they know life doesn’t always go as planned, they have flexible repayment options to suit your needs.
Here’s how it works:
- Apply online in minutes
- Get instant approval
- Receive your cash in minutes
It’s that easy! So why wait? Apply now and get the cash you need when you need it.
However, we shall walk you through the loan application process, every single thing you need to know before you apply shall also be answered before proceeding with the actual loan application.
So I will entreat you to keenly read this article to find out more about Carbon Loan before you apply for it.
Read Also: How To Get UpTo ₦1,000,000 loan with Easemoni App in 2022
What Is Carbon Loan?
Carbon Loan is a fully lending fintech platform in Nigeria which was established in May, 2016.
This fintech platform offers 24/7 loan products for it users and unlocks higher loans with lower interest rate by repaying loans on time.
What is Carbon loan Interest rate?
Carbon Loan Interest ranges from 1.75% – 30%, with an equivalent monthly interest rate of 1 – 21%.
- Annual Percentage Rate (APR) from 23% – 60.8%. No late fees or processing costs.
- Example: For a 3-month loan of ₦50,000, Carbon Bank charges 2% a month. With an APR of 24.3%, the total repayment amount after 90 days is ₦53,000.
Annual Percentage Rate (APR) from 23% – 60.8%. No late fees or processing costs.
Example: For a 3-month loan of ₦50,000, Carbon Bank charges 2% a month. With an APR of 24.3%, the total repayment amount after 90 days is ₦53,000.
Carbon Loan Term Tenor
Carbon Loan have a flexible tenors from 1 month to 6 months with the ability to make early repayments at any point in the tenor.
How much Loan can Carbon Loan give?
With Carbon Loan, one can get loans ranging from ₦1,500 to ₦1m.
How to Apply for Carbon Loan?
Read Also: Migo: Get a loan in 3 easy steps or Buy Now And Pay Later…
Now is time for the actual show, that’s applying for Carbon Loan.
Carbon Loan application is very swift and straightforwarded!
To apply for Carbon Loan, you must first download and install the Carbon app from the Google Play store or App Store , you can also use their online portal or by dialing this Carbon LoanUSSD code *1303#.
Once you’ve downloaded the app, then you’re one step closer to getting access to credit by providing Carbon Loan with your personal details.
NB: You need not to worry, it’s safe and secure.
Also, You can now go ahead and let Carbon Loan know how much you need.
They will review your application and let you know where you stand.
Once Your Loan is approved, They will disburse the funds in your account almost imediately or few minutes away.
You should no that, anytime you pay your loan on time, you unlocks higher amount, which also comes with lower interest rate.
Carbon Loan Contact Information
If you have any difficulties, you can contact Carbon Loan via this Link HERE.
Or you can email them at [email protected]
Conclusion
In your quest for getting a quick loan, I really hope this article on how to apply for Carbon loan was helpful?
If so, please consider sharing this with your friends and family.
However, you can share your thoughts or experience with us in the comments section.
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