Sokoloan in Nigeria offers fast and convenient online loans without the need for collateral. You can receive a loan ranging from ₦5,000 to ₦100,000 with repayment terms of 2 to 6 months. Interest rates vary from 4.5% to 34%, resulting in monthly interest rates between 3% and 29%, and an annual percentage rate (APR) ranging from 29% to 365%.
Getting a Sokoloan is simple and involves four steps: creating an account, applying, receiving the loan directly in your bank account, and increasing your loan limit with each successful repayment.
Sokoloan values speed, integrity, enthusiasm, and professionalism. They use your phone data, including SMS history, to verify your identity and establish a credit score, ensuring a paperless and efficient process. Your data is encrypted to protect your privacy, and Sokoloan promises not to share it with third parties.
To apply for Sokoloan, you can use their quick application process, available 24/7. The loans are suitable for individuals aged 25-50 with stable employment.
With Sokoloan, you can achieve your financial goals without paperwork or office visits. You’re free to use the money for various purposes, whether it’s for your home or business. For inquiries, you can contact Sokoloan via email or visit their website and Facebook page.