School Fees Loan
This loan product enables parents, guardians or students to access funds to clear school fees at once and pay later in manageable installment
Requirements for School Fees Loan
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- Documentation evidence of school fees payment e.g. admission letter/ institution bank slip and student identity card where either is applicable.
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- Have adequate security e.g. Land, motor vehicles or chattels such as House hold or business
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- He/she shall have 2 (two) substantive Guarantor
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- School fees loan amount shall be equivalent to one term fees bill
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- Valid Individual documentation e.g.; National I.D, Passport and or Driving Permit
Benefits of School fess Loan
- Flexible Loan repayment period up to 4 months.
- Affordable interest rates
- Offered to both new and existing clients on an individual basis.
- Customers can access the loan even if they have other running loans with Perfect Finance so long as they have the capacity to serve both loans