Jumia One: How to Get Quick Loan from JumiaPay App
More about Jumia One Loan
Three Categories of Jumia Loan
- Payday Loans – I can say this is a type of loan is for salaries earners and it can be called an overdraft loan. Borrower is expected to payback upon the next paycheck. It focuses at providing fast loan to any functional organization or working class.
- Education Loans – This type of loan work to provide financial support to promote educational needs.
- Business Loans – As the implies, I think you’ve already know what it means? This is the type of loan that support businesses financially to cover cash flow payments and aid overall transactions.
How to Apply for Jumia One Loan?
- Download JumiaPay App via Google play store
- Install the App and complete the registrations process.
- Then click on ”loan” and fill in all the requirements for the system to process your request.
- Verify and complete your request in your inbox.
What are the requirements you need to Apply for Jumia Loan
- A valid bank details
- BVN (bank verification number)
- Smart phone
- Internet connection
- JumiaPay App
How long does it takes to get approved for Jumia Loan.
How much can you borrow for loan?
Why will Jumia Loan Application Get Rejected?
- Low credit score – you can have a low credit score due to your histories of defaulting on loan. This may cause rejection of loan.
- Also submitting incorrect details can cause rejection or declined your loan application
- Another reason for this to occur is not having a legitimate source of income.
- When you had been badly reported to the credit bureau
Benefit and Why you should consider Jumia One Loan.
- Jumia is a popular brand in Nigeria when talking about retail online store with the largest collection of stocks. So partnering with with one there service (Jumia One Loan) shouldn’t be something frightened.
- As well named company, you data are safe.
- The requirements and processing details are very easy and simple.
- The processing time takes less than 5 minutes.
- Low interest rate
- No collateral no paper work
- The Jumia loan repayment plans are simple to payback and easy to comprehends.
- No guarantor.