Consumer Finance
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Description
This is a line of credit provided to payroll clients or salaried individuals. The repayment source is based on verifiable salary being received through a designated bank account. Application can be done by individuals from selected employers as identified or provided by clients and validated by the company.
Tenure
These have a flexible tenure up to 6 months.
Payment Frequency
Monthly.
More Conditions
Salary payments must have been paid through the same bank account for a minimum of three months with a minimum employment period of six months. Clients must have valid contracts with their employers which are verifiable.