LibertyLoan Review, Requirements & How to apply

LibertyLoan is an innovative online lending platform that provides fast, convenient, and secure loans to Nigerian citizens.

This blog post will cover the loan services provided by LibertyLoan, the application process, and the security measures in place to protect users’ information.

Company and Loan Details

Company: LibertyLoan
Contact: help@NairaBoxng.com
Address: 6, Atan Road, Off Nathan St, Yaba, Lagos, Kenya, 101212
Loan Amount: NGN 7,000 to NGN 150,000
Loan Tenure: 91 days ~ 365 days
Annual Percentage Rate (APR): 10% ~ 25%
Online Process: 100% online & 24×7 access to loans

Product Features

LibertyLoan offers several features that make their services stand out:

1. 100% online loan application process, making it easy and convenient for users.
2. 24×7 access to loans, ensuring that users can apply for loans anytime, anywhere.
3. No fees incurred for unsuccessful applications.
4. Customer information is securely protected and not shared with third parties.

Requirements

To apply for a loan with LibertyLoan, you must meet the following conditions:

1. Be 18 years of age or older.
2. Be a Nigerian citizen.

Loan Example

If you borrow NGN 20,000 for 91 days (3 months) with an APR of 20%, the interest and total amount to pay on the due date will be calculated as follows:

Interest: NGN 20,000 * 20% / 365 * 91 = NGN 997
Principal repayment = NGN 20,000
Total amount of repayment: NGN 20,000 + NGN 997 = NGN 20,997

For a 3-month repayment period, the monthly repayment amount would be NGN 20,997 / 3 = NGN 6,999.

How to Apply for a LibertyLoan

1. Download the LibertyLoan app.
2. Register an account using your phone number.
3. Fill in your basic information.
4. Submit the application.
5. Wait for approval.

Security Measures

LibertyLoan ensures the security of all transactions by using 256-bit SSL encryption. Customer information is kept safe and is not shared with any third-party organizations.

Conclusion

LibertyLoan provides a fast, convenient, and secure online loan service for Nigerian citizens.

With competitive interest rates, flexible loan tenures, and a commitment to customer privacy, LibertyLoan is an excellent choice for those seeking financial assistance.

To learn more about LibertyLoan and apply for a loan, download the LibertyLoan app or contact them at help@NairaBoxng.com.