Welcome once again! Today I will be talking about a Niageria Online platform called NaijaLoan to know how true of fake they are.
What Is NaijaLoan?
NaijaLoan is an online platform that works inform of lending platform, lunched 21st March 2020. This platform has its uniqueness in acting as mediator between lenders and borrowers. Follow up on this article till the end to understand what i meant.
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How Do NaijaLoan
Works?
I will be giving you an outline of how this platform works shortly to make you understand how it works.
I will like to start with the fact that, NaijaLoan do not give you loan directly rather they tend to stand as a middle man between the lender and the borrower thereby linking them both to achieve a common goal, hence you don’t make your payments directly to the online platform , rather you make your payment to another paired individual within Nigeria.
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What Do NijaLoan
Offers?
This Nigeria platform has come with two features:
1. 1. LENDING
2. 2. REFERRAL BONUS
You can actually earn from the both features simultaneously:
1. 1. LENDING: You get paid with interest when you lend to any user paired to you in this platform. Let’s do a little mathematics; If you lend a user N1,000 for instance which is the first requirement at level one, you will be paid N5,000. Meaning you get and interest of N4,000, But you have to do a simple job at this first level by referring just one person into the platform. NAIJALOAN said and I Quote
"N
Note: This is only required on level 1. You won't need to EVER invite anybody on level 2 upwards. Inviting downlines help the community to grow. And it guarantees everyone earns N120,000 monthly."
2. 2. REFERRAL BONUS: NaijaLoan pays referral
bonus of 15% your referral payment. For instance if your referral starts up
with level 1 which is the level every user must start with, you will be paid a
referral bonus of N150 per referrals.
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REGISTRATION
REQUIREMENT
1. 1. Your fullname
2. 2. Your Bank Details
3. 3. Phone Number
4. 4. Valid Email address
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HOW REGISTER NAIJALOAN
These are the simple steps required to get your account activated:
1. 1. Click here to go to the Registration Page.
2. 2. Input your details.
3. 3. Insert the check codes on colours.
4. 4. Click on register.
5. 5. Verification: Don’t panic if you don’t get your verification instantly, it can actually take up to 3-4hrs to receive your code.
6. 6. Once you receive your code, login back and insert the verified code and click verify.
7. 7. Next input your bank details.
Now Select Activate and wait for your account to be paired with another user that you will need to pay your first stage money to.
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FINAL
VERDICT/CONCLUSION ON NAIJALOAN
In conclusion NaijaLoan works as a mediator between the lender and the borrower. My final Verdict On this platform is that NaijaLoan is 100% legit, except they turn otherwise tomorrow. But they are working perfectly well right now.
If you have any question please drop it at the comment box, please kindly share this post using the comment button.
Also Read: HOW TO INCREASE YOUR WHATSAPP STATUS VIEWS FOR FREE
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