Consumer Lending

About the product
CreditPRO offers two forms of Consumer lending facilities:

1. Payday Loan: this is a salary advance facility that allows an employee to access up to 30% of his net monthly salary refundable by the next salary payment. With the Payday on LOAN247, you no longer need to go broke before salary is paid.

2. Lease Finance: this is also referred to as Shop & Pay Later on LOAN247. This loan facility helps you acquire assets such as Mobile phones, Inverters, Electronics, Washing machines, Gas cookers, Air conditioners and many other household assets and pay in installments within a period of time.
The criteria to qualify for this facility is to have a verifiable and regular source of income that can cover for the monthly repayment.
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