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
- Documentation evidence of school fees payment e.g. admission letter/ institution bank slip and student identity card where either is applicable.
- Have adequate security e.g. Land, motor vehicles or chattels such as House hold or business
- He/she shall have 2 (two) substantive Guarantor
- School fees loan amount shall be equivalent to one term fees bill
- 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