Personal Loan
This product is designed to provide financial support for individuals seeking funds for personal purposes such as healthcare, education, travel, or other life events. With a streamlined application process and quick disbursement, the product ensures you can access funds when you need them most. Whether it’s managing unforeseen emergencies or achieving personal goals, Preferred Personal Loan offers a reliable solution to meet your financial capacity.
Eligibility Criteria
✔️ Nigerian citizen or legal resident, aged 22–60 years
✔️ Must be a salaried employee or verified income earner
✔️ Must have a verifiable source of income
✔️ Minimum of 6 months stable employment or business operation
✔️ Active and traceable bank account
✔️ Clean credit record (subject to credit bureau review)
Required Documents
✔️ Valid Means of Identification (National ID, Driver’s License, or International Passport)
✔️ Recent Passport Photograph
✔️ Bank Statement (last 6 months)
✔️ Employment Letter or Proof of Regular Income
✔️ Utility Bill (as proof of address, not older than 3 months)
✔️ Guarantor(s) (may be required depending on loan amount and risk profile)
✔️ BVN (Bank Verification Number)