If you find yourself in need of quick cash, Ready Loans offers a hassle-free solution with their easy-to-apply mobile loans.
Whether it’s for an urgent purchase, taking advantage of a limited-time offer, or dealing with unexpected expenses, Ready Loans provides small cash loans ranging from $5,000 to $30,000.
In this article, we’ll explore the features and benefits of Ready Loans, discuss the application process, highlight the loan requirements, address concerns about legitimacy, and provide contact information for customer support.
Loan Amount and Term
Ready Loans allows you to borrow between $5,000 and $30,000, ensuring that you have access to the amount you need.
The loan term ranges from 90 days up to 365 days (3 to 12 months), offering flexibility in repayment options.
It’s important to note that interest rates can change over time, so make sure to verify the interest rate on any loan offer before accepting it.
Interest Rates and Fees
Ready Loans offers flexible interest rate options, with a maximum Annual Percentage Rate (APR) of 24% per year. It’s crucial to carefully consider the interest rate before applying for a loan to ensure it aligns with your financial capabilities.
Additionally, Ready Loans does not charge any transaction fees, making it transparent and straightforward for borrowers to understand the terms and conditions.
Let’s take a look at a couple of examples to illustrate how the loan amounts and interest rates work:
Example 1: If you borrow $500 with an interest rate of 24%, the total amount due at the expiration date would be calculated as follows: $500 * 24% + $500 = $620.
Example 2: Borrowing NGN10,000 over 6 months with an APR of 24% (fixed), the total amount payable would be NGN12,400.
Requirements for Loan Application
To be eligible for a Ready Loan, certain requirements need to be met. If you are a Nigerian resident, the following prerequisites typically apply:
- Minimum age of 18 years old
- Bank Verification Number (BVN)
- Proof of a stable source of income
- Valid bank account
These requirements ensure that borrowers meet the necessary criteria to qualify for a Ready Loan.
How to Apply for Ready Loans
Applying for a Ready Loan is a simple process that can be completed in three easy steps:
- Create your account: Download the Ready Loans app and sign up by providing the required information.
- Confirm Identification Details: Follow the app’s instructions to confirm your identity, which may include providing necessary documents or information.
- Apply for your loan: Once your identity is verified, you can proceed to apply for the loan amount that suits your needs.
Ready Loans App Download
To access Ready Loans, it is recommended to download the official app from trusted sources such as the Apple App Store or Google Play Store.
Avoid downloading loan apps from unofficial app stores or unverified sources, as they may pose security risks or compromise your personal information. Stay vigilant and prioritize your digital security when downloading any financial app.
How to Contact Ready Loans Customer Care
If you have any questions, concerns, or need assistance with your Ready Loan, the customer care team is available to help.
While specific contact details were not provided in the article, you can typically reach out to the Ready Loans customer care through the following channels:
- Email: Send an email to optipaycredit@gmail.com to get in touch with their support team.
- In-App Support: If contact information is not available, check within the Ready Loans app for options to contact customer support.
Is Ready Loans Legit?
When dealing with any financial institution, it’s essential to ensure their legitimacy. From what we can see, ready Loans appears to be a legitimate loan provider.
However, keep in mind that companies can change over time, and it’s crucial to exercise caution and do your own research before engaging with any loan provider. Always make informed decisions and proceed at your own discretion.
Conclusion
Ready Loans offers a quick, convenient, and transparent solution for those in need of small cash loans.
With their easy application process, flexible loan amounts, and reasonable interest rates, Ready Loans aims to provide access to quick funds without compromising your lifestyle.
Remember to verify the interest rates, adhere to the loan requirements, and contact customer care for any queries or concerns.
Make sure to prioritize your digital security by downloading the official app from trusted sources, and always approach loan providers with caution, conducting thorough research to ensure their legitimacy.
