C24 Loan review, app download Requirements and login info

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c24 loan

C24 Capital is a financial firm that offers retail loans to customers who are in need of rapid answers to their financial problems. They offer solutions to your financial issues by providing a loan application that is both quick and flexible, and it only takes five minutes to finish.

The primary objective of the organization is to provide services that may be accessed online in Nigeria using any device that possesses internet connectivity.

1) Personal Loans

You have the ability to submit an application for a personal loan from C24 for an amount up to two million Naira. Making payments on bills, such as house rent, medical bills, and other expenses, might be simplified with the assistance of this loan. In order to fill out an application for a c24 personal loan, you need to have the following things:

  • A passport photograph
  • a current and legitimate form of national identification (such as a driver’s license, international passport, or national voter identification card).
  • A letter from your employer or other verifiable source of income to attest to the fact that you are currently employed.
  • Bank statement covering the past six months
  • Identification of the Company
  • Direct Debit Mandate

2) Business Loans

The company C24 provides three distinct types of business financing. These are the following:

Overdraft: This is a type of emergency loan that is offered to customers to aid their businesses in the event of a crisis. Because of this feature, you are able to withdraw more money from your account than is now available there, giving you access to cash that can be used in an emergency.

LPO Financing: This package provides respectable suppliers and contractors with access to advance financing that is necessary to carry out work and purchase orders. It ensures that the business operations will continue without interruption, which ultimately promotes growth and expansion.

Lease Financing: As the term suggests, this type of financing enables recipients to invest in the purchase of machinery, tools, and equipment for use in their businesses. You have the flexibility to spread out your payments over a period of time. It is especially pertinent for people who are starting their own businesses.

Needed documentation for personal loan:

Photograph of passport or other acceptable form of national identification, Any other kind of photo identification, Employment/Promotion/Confirmation Letter, Salary Statement for Six Months, Account Bank Statement, Direct Debit Mandate, Postdated Cheques

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necessary Financial paperwork for a business loan:

  • Recent passport photos.
  • A official application for a loan printed on letterhead.
    CAC Document
  • Direct debit authorization document that has been signed.
  • Recent invoice for household or commercial utility services.
  • Valid Identifiability indicators for the nation.
  • Receipt for the rent, as well as the rental or lease agreement.
  • Authorization to print bank statements, with your signature on the letter.
    letter of undertaking bearing the signer’s signature for the dishonor of a postponed check

How to apply

  1. Fill out the online application form
  2. click Apply Now to initiate the loan application procedure
  3. Submit documents
  4. You can submit documents at one of c24 locations or have them come to you.
  5. They review your application  form
  6. After you submit an application, c24 review the information you provided and provide feedback.

The Interest Rate on a C24 Loan

The C24 loan has an interest rate of 4% per month, in addition to a one-time management fee of 4% of the loan amount. There is no need to be concerned because the management charge has already been accounted for in your repayment plan.

You have between three and nine months to return the loan, and you have the option of using either direct debit, checks, or point-of-sale terminals to do so.

It is important to keep in mind that once you go behind on your payment date, C24 will levy a fee of 1% for each day that you remain behind.

Why should you borrow money from C24?

They are dedicated to satisfying the requirements of their customers in the shortest amount of time possible, and because they are aware of the fact that life does not stop for anyone, including their customers, they make it a point to provide first-rate service in the shortest amount of time possible.

Fast

Our online loan application can be finished in as little as five minutes, and we will provide you with feedback on your application for a loan practically instantly.

Flexible

Because of the flexibility of c24 loan repayment system, you won’t need to empty your savings account in order to make your payments.

Excellent interest rate

Because our interest rates are among the most affordable on the market, we are the company of choice when it comes to lending money to consumers.

Reviews

We are not just a credit lender; rather, we are our customers’ success partners. The testimonials of our previous customers speak for themselves.

Pros

  • High maximum loan
  • Fast loan approval process
  • No harassment on defaulters

Cons

  • must live in Lagos
  • Extensive paperwork

Requirements

  • You and your workplace must live within Lagos NIgeria
  • You must have been working at the time (for at least 6 months)
  • At least 22 years of age is required to apply.
  • Find work that will deposit money in your bank account on a regular basis.
  • Keep a bank account for your monthly wages.
  • Have a solid record of credit repayment.
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FAQ

Is a credit check necessary when applying for C24 Capital?

A credit check will be performed before deciding whether or not to approve your application. We look at your credit score with the Nigerian Credit Bureaus, as well as your employment history, spending patterns, and other criteria. This gives us a clearer picture of your creditworthiness, and it allows us to provide you with a fast answer online.

Is it possible for me to change the date of my payment?
If the date of your repayment is affected by a change in employment or wage, then the date can be moved, as the answer is yes. In order to make this adjustment easier for you, please submit proof of your new employment to contact@c24.com.ng along with a letter.

What exactly is a “up top”?

An existing lending facility can have its amounts returned to it and increased through a process known as a top up. Because it is impossible to manage two loans at the same time, the current facility will need to be closed down before the new loan can be processed.

The amount of money that is owed to you will be notified to you and deposited into the account of your choice. This amount of money represents the difference between the New Principal and the Unpaid Principal on the Existing Loan.

Do you require that I apply in person at your office?

No, your application can be submitted online through our private site at your convenience. After the application has been submitted, you can expect to get an email from us confirming that we have received your submission.

Can the term of my loan be extended?

Through the use of a Top-up, it is possible to lengthen the term of an existing facility loan. You have access to a maximum tenor of twelve months even though you are an existing customer.

What should I do if my paycheck is going to be late and there isn’t enough money in my account?

If you discover that you will be unable to make scheduled payment, please let contact c24 as soon as possible by phoning 07000 CREDIT24 (07000 27334824) or sending an email to contact@c24.com. 
ng.

What are the consequences of failing to make a repayment on a loan?

There’s a 1% penalty fee on defaulters each day until the full payment is made. If the default continues for more than 30 days, stricter steps may be implemented, which may include the following options:

  • notifying the defaulter’s employer of the situation
  • Reporting him to credit Bureau

C24 Loan Contact

09090896919 and 09090897471. The office address is 4 Adenubi Street. Close off Majekodunmi Street, off Allen Avenue, Ikeja, Lagos WhatsApp: 09090896919 Email: contact@c24.com Close off Majekodunmi Street, off Allen Avenue, Ikeja, Lagos ng
Time Spent Working and Days Worked

The hours of operation are from 8:00 AM to 5:00 PM.
The workweek runs from Monday to Friday.

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