Origination Fee: Range from ₦1,229 – ₦6,000 for one-time charge For example, 91-day loan payment terms have a processing fee of 41% and interest of 9.1%. For the loan processed with principal amount of ₦3,000; the processing fee would be ₦1,229; the interest would be ₦273; the total amount due would be ₦4,502.
The total amount due in the second month would be ₦1,495; the processing fee would be ₦405; the interest would be ₦90.
The total amount due in the third month would be ₦1,495; the processing fee would be ₦405; the interest would be ₦90.
The total amount due in the first month would be ₦1,512; the processing fee would be ₦419; the interest would be ₦93.
At the end of the annual savings date, the amount of return you will get is: ₦50,000 x 15 / 100 = ₦7,500, that means you will get ₦57,500 back at the end of your saving tenure.
Interest Rate: With a minimum of 0.1% to a maximum of 1% Our interest rate is calculated on a daily basis.
Annual interest rate is from 36.5% to 360%.
Loan Products: Tenure: We will require your repayment from the 91st day to the 365th day*.
CreditMe is an OPay wallet that allows customers to pay first and repay later.
● OPay attaches great importance to protecting users‘ information, wallets and privacy.
● The leading Mobile Payment platform in Nigeria, with over 8 million users.
Loan Amount: from ₦3,000 to ₦500,000.
OWealth provides you with at least 15% rate of return per annum.
We have a dedicated support team available 24/7 for all your inquiries and complaints.