A: We offer financing to qualified Government and Private sector employees. Depending on your employment status, you may be eligible to borrow from $500-$5000 (Private) and $500 to $30,000 (Government).
A: Yes, you can top-up your loan and maintain the same payment if your loan has been paid down sufficiently. However, this would extend the term of the loan.
A: It depends on whether you are a government or private employee; check with your loan/ finance officers. All loans must be satisfied five (3) years prior to your retirement age.
A: Repayments depend upon the amount you're requesting, your term, and your current deductions. You Job Letter & Pay Slip is needed to determine how much you may qualify for.
A: Our interest rate is approximately 19%, however, our APR is typically 24%, considerably less than most private lenders. APR is a more accurate reflection of the total cost of borrowing since it takes account of all fees.
A: Approval depends on how soon all documents/paperwork can be signed and received. Once we have received all the required documents needed, that is when funds will be distributed.
However, depending on your personal bank, the turnaround time for funds can take up to 24-48 hours to be released into your account.
A: You must be a permanent and pensionable government employee who has been employed for (1) year or more. You must also take home 25% or more of your monthly salary after all deductions inclusive of the potential Easy Payday loan to qualify.
A: Eligible applicants can be approved immediately.
A: Yes, you will be paid $50 when your friend is approved for a loan subject to the guidelines.
A: The term ranges from 6-180 months.
A: Yes. However, your employer must be able to demonstrate that their business has been in operation for at least 5 years or more.
You must have a minimum, continuous tenure of 3 years with them and be both a full time and permanent employee.
A: Unfortunately, we do not offer loans to self-employed individuals.