Liberty Loans is a digital loans providing platform provided by Liberty Assured in Nigeria and in this article I will be covering all liberty loans, interest rates,loan amounts, repayments and eligibility.
Nigeria is a country with a large population of over 200 million people, many of whom are in need of financial services to meet their personal and business needs.
However, accessing credit in Nigeria can be challenging, especially for low-income earners, civil servants, and small and medium enterprises (SMEs).
Traditional lenders often require collateral, high interest rates, and lengthy paperwork, which can discourage potential borrowers and limit their opportunities.
This is where Liberty Loans comes in. Liberty Loans also Liberty Assured Loans is a digital lending platform that offers quick, easy, and affordable loans to eligible individuals and businesses in Nigeria.
Liberty Loans leverages the power of technology to bypass the hurdles imposed by traditional loan institutions and provide customers with access to money and the freedom to use it whenever and wherever they choose.
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Liberty Assured Logo |
How Liberty Loans Works
Liberty Loans has a simple and straightforward loan application process that can be done via liberty loans ussd code *347*505# .
There is no liberty loans mobile app currently .
Customers can choose from different loan products depending on their needs and eligibility.
Some of the loan products offered by Liberty Loans are:
Civil Servant Loan
This is a loan product designed for federal government workers in Nigeria who need to attend to urgent needs.
The loan amount ranges from ₦5,000 to ₦50,000, with a repayment period of up to 30 days.
The interest rate is as low as 5% per month, and there is no collateral or guarantor required.
Customers can apply for this loan by dialing USSD code *347*505# .
Personal Loan
This is a loan product for individuals who need money for personal purposes, such as medical bills, school fees, rent, or travel.
The loan amount ranges from ₦10,000 to ₦500,000, with a repayment period of up to 12 months.
The interest rate is as low as 4% per month, and there is no collateral or guarantor required.
Customers can apply for this loan online or through the Liberty loans ussd code*347*505#
SME Loan
This is a loan product for business owners in Lagos who want to start or grow their businesses.
The loan amount ranges from ₦150,000 to ₦5,000,000, with a repayment period of up to 24 months.
The interest rate is as low as 3% per month, and there is no collateral or guarantor required.
Why Choose Liberty Loans
Liberty Loans has several advantages over other lenders in Nigeria, such as:
Quick Loan
Liberty Loans provides customers with quick loans that do not require filling endless forms or waiting for days or weeks for approval.
Customers can get their loans within minutes of applying.
No Collateral
Liberty Loans does not require any collateral or guarantor from customers to secure their loans. This makes it easier and more accessible for customers who do not have assets or reliable references.
Low Interest Rate
Liberty Loans offers loans with low interest rates and no hidden charges. This makes it more affordable and convenient for customers who want to save money and avoid debt traps.
Total Transparency
Liberty Loans is transparent about its terms and conditions, fees, and repayment schedules.
Customers can see all the details of their loans before applying and track their repayments.
Customer Testimonials
Liberty Loans has received positive feedback from many customers who have benefited from its services.
Here are some of their testimonials:
Peter Alfred: "Access to readily available loans to get fertilizers for my farm was a big challenge until I got to know about Liberty Loans who was able to come to my aid by giving me my desired loan amount" .
Bolaji Johnson: "The loan application process is straightforward and easy to navigate. I got my credit alert within few minutes of applying".
Chibuke Eze: "Working with Liberty Loans helped me develop my business plan, ideas and brand before getting started, so that I was prepared to open a successful business when I received my loan".
Awards and Recognition
Liberty Loans has also been recognized by various organizations and media outlets for its innovation and impact in the digital lending space in Nigeria.
Some of the awards and recognition it has received are:
1. Outstanding Digital Lending Company of the Year at the Nigeria Technology Awards 2022 .
2. Digital Lending of the Year at the Nigeria Fintech Awards 2022 .
3. Emerging Innovative Digital Lender Company of the Year at the Africa Fintech Summit 2022 .
Liberty Loans Nigeria Phone Numbers
+234 1 277 0331
WhatsApp: +234 9095000300
Email: support@libertyng.com
Conclusion
Liberty Assured Loans is a new way to access credit in Nigeria that offers quick, easy, and affordable loans to individuals and businesses.
Liberty Loans leverages the power of technology to bypass the hurdles imposed by traditional loan institutions and provide customers with access to money and the freedom to use it whenever and wherever they choose.
Liberty Loans has received positive feedback from customers and recognition from various organizations for its innovation and impact in the digital lending space in Nigeria.
Liberty Loans is a platform that can help Nigerians achieve their financial goals and aspirations.
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