Wednesday, 13 September 2017

Paylater Reaches a Milestone of 1000 Loans Per day! Do You Need a Loan?

I made a post few months ago on Paylater, online lending platform that provides short-term loans to help cover unexpected expenses or urgent cash needs.  No collateral, guarantors or application fees required. Just a few clicks of a button.

Now, it appears lots of Nigerians are comfortable with getting loan from an online source than the bank. Paylater announced in a blog post that they’ve reached a milestone of disbursing 1000 loans daily, a goal in which they set when they first started. 

According to Paylater, we are happy to say that over 60% of these 1,000 loans are disbursed within 1 minute with the rest all under 5minutes and they span a range of N7,500 to N200k for first time borrowers.

So if life is giving you a deadly blow and you find it difficult to stand financially, Paylater is here to rescue you. Remember a friend in need is a friend indeed… and getting a loan from Paylater may actually be what you need right now.

To those of you who have collected loan from Paylater, how has been your experience with them so far?
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