Complimentary app for Android Os
- Anytime, anywhere
- No application costs
- No security
- No guarantors
- No wahala!
Fido Money Lending Limited (FIDO) is really a lender based in Accra, Ghana and certified by Bank of Ghana. FIDO provides without headaches short-term loans, called FIDO Loans. Our clients can use for the FIDO Loan straight from their particular device that is mobile in FIDO’s branch and be given a credit choice within a few minutes. The mortgage can be acquired to salaried, contracted and self-employed experts. Merely a one-time verification of ID and mobile money account is necessary before disbursement associated with the cash. No security or guarantors are expected.
Is FIDO authorized to deliver loans in Ghana? Yes. FIDO is certified by the Bank of Ghana to supply loans. Do you know the costs to utilize Fido? There are not any UPFRONT FEES for making use of the FIDO app that is mobile trying to get a FIDO Loan. We charge a processing charge that will be disclosed towards the consumer just before accepting a loan, and are usually compensated only once you get the cash, as soon as your loan flow from for payment. So what can the FIDO is used by me Loan for? Customers may use the profits for just about any function, aside from unlawful task. Which are the eligibility demands? To be eligible for a FIDO Loan, you want a legitimate id and cellphone cash or banking account.
- ID Type: Driver’s License, NHIA Membership, Voter ID, Nationwide ID or Passport
- Mobile speedyloan.net/payday-loans-ok cash account: MTN Mobile cash, Tigo money & Airtel Money registered in your title for at the least 2 months.
- Banking account: initial bank declaration for a legitimate deposit account by having a commercial bank in Ghana.
You really must be a resident in Ghana over 18 years old. Simply how much could be the interest rate? The attention prices for brand new clients begin at 14% for 1 month, the attention amount is presented into the application before using. Going back clients having a great reputation for spending your loans with Fido on time improve interest on future loans, the cheapest interest is 8% for 1 month. Just how long does it take to accept my demand? Within about a minute after distribution, a credit choice is likely to be shown from the display screen.
FIDO software evaluates each loan reserve and application the proper to reject some applications. Your decision is not reversed and then we can simply suggest one to use once again after 14 days. My demand had been authorized. Just What do i must do next? Please read carefully the instructions exhibited within the application once the loan happens to be authorized. The guidelines will either let you know to accept the mortgage contract in the software to accomplish the procedure, or go to a branch for processing. Please see the Contact section for opening hours and instructions to the branch. Where as soon as will my FIDO Loan be compensated? The loan is paid out instantly for MTN /Tigo Cash and 1 business day for all other methods after fully completing the process. We shall inform you by SMS associated with the transfer. Exactly exactly exactly How can I repay the FIDO Loan? Once the loan becomes due, you’re going to have to move the funds from your own wallet after procedure below. To cover with cash, you can travel to any Zenith bank deposit and branch to FIDO’s account. Make every effort to always utilize your Client ID for re re payment.
|Money – Zenith bank||Tigo Money||MTN Cellphone Money||Airtel Cash|
|(must certanly be from very own wallet)
Select: spend Bill
choose: General Payment
Enter Payment Code: Fido
Enter Pin Code: _ _ _ _
| Dial: *500#
choose: purchase Goods
Enter Merchant title: FIDO
Enter Amount: ______
Enter Reference: *********
Enter Pin Code: _ _ _ _
What may happen if i cannot repay the FIDO Loan on-time? Please call us with any dilemmas associated with the repayment of your FIDO Loan. Clients is going to be charged penalties that are additional belated repayments. Fido reserves the proper to just simply just take any appropriate action to recover outstanding debts and report delinquent borrowers towards the appropriate agencies and/or authorities. What’s the min/max loan quantity? First-time borrowers meet the criteria for no more than 200 GHC to be paid within 10 to 33 times. The mortgage term must certanly be chosen within the software whenever using.
Spending your loan on time could possibly get you a greater quantity and paid off interest as you climb up the ladder as much as a maximum of 1000 GHS.