How to Close, Delete, or Deactivate Your 1xbet Account Easily

Finance

By

Seun Ogun

-

January 22, 2026

0

How to Close, Delete, or Deactivate Your 1xbet Account Easily

Has your interest in 1xbet account worn off? Or maybe you’ve found another betting platform that suits your needs better.

Whatever the reason may be, if you’re contemplating closing, deleting, or deactivating your 1xbet account, you’ve come to the right place.

You might have unanswered questions, like “Is closing my account permanent?” or “Can I reactivate my account if I change my mind?”

Don’t worry, we’ve got you covered! We’ll address all your concerns and provide you with easy-to-follow instructions that will enable you to take control of your 1xbet account’s fate.

To make things even easier for you, we have sifted through reliable sources and found the most up-to-date methods and guidelines. So, rest assured, you’re in good hands.

So, grab a cup of coffee, sit back, and let’s dive into the step-by-step process of closing, deleting, or deactivating your 1xbet account.

Let’s quickly get started.

1xbet is a popular online gambling platform offering a wide range of sports betting and casino games.

While it provides an exciting and engaging gaming experience, there may be instances where users decide to close their accounts.

Before going into the specific methods, it’s essential to differentiate between closing, deleting, and deactivating your 1xbet account.

Closing your account involves permanently terminating your relationship with 1xbet, removing your account data and preventing future access. Deleting your account is synonymous with closing your account. Deactivating your account temporarily suspends access but allows for future reactivation.

One of the reasons of deleting such an account is focusing on personal goals, or simply losing interest in online betting

Before initiating the account closure process, it’s essential to understand the potential consequences which include;

Loss of Access to Funds:
Inability to Participate in Promotions

Fortunately, 1xbet offers multiple methods for closing your account, catering to different preferences and circumstances. Sip your coffee.

How to close your 1xbet account through the Website

Navigate to the 1xbet website and log in to your account using your registered credentials.
In the top right corner of the screen, identify the “Profile” icon and click on it.
From the dropdown menu that appears, choose the “Settings” option.
Scroll down to the “Account Management” section within the settings menu.
Click on the clearly visible “Delete Account” button.
A confirmation prompt will appear. Enter your password and click “Delete Account” again to finalize the process.

How to close your 1xbet account through email address

Create a new email message addressed to 1xbet’s customer support team.
Clearly state your intention to close your account in the subject line of the email. In the email body, briefly explain your reasons for closing your account.
For identification purposes, include your registered email address and account ID in the email.
Send the email to 1xbet’s designated support email address.

How to close your 1xbet account through Live Chat

Initiate a live chat session with a customer support agent and inform the agent of your desire to close your 1xbet account.
Provide your registered email address and account ID to the agent for verification purposes.
Follow the agent’s instructions carefully to complete the account closure process.

Before proceeding with account closure, consider these crucial aspects

Ensure No Active Bets or Wagers
Transfer any remaining funds from your 1xbet account to your personal bank account to avoid forfeiture.
If you encounter any difficulties or have questions during the closure process, contact 1xbet’s support team for prompt assistance.

Conclusion

In conclusion, closing, deleting, or deactivating your 1xbet account may seem like a hard task, but with our easy-to-follow guide, you can say farewell to your account with confidence and clarity.

Whether you’re closing your account permanently or taking a break from it, we have provided you with the latest guidelines and alternative options that meet your needs.

Remember to settle any pending transactions and withdraw any remaining funds before closing your account. And if you have any doubts or questions, don’t hesitate to reach out to 1xbet’s customer service for additional support.

We hope that this guide has helped you take control of your betting experience and enabled you to explore other opportunities with ease.

FAQS

Can someone have two 1xbet accounts?

No, according to 1xbet’s terms of service, it is strictly prohibited to have multiple accounts. Creating multiple accounts can result in the termination of all accounts and the forfeiture of any funds.

How do I clear my bet history on 1xbet?

it is not possible to directly clear your bet history on 1xbet. However, you can delete individual bets or request a full copy of your bet history by contacting 1xbet customer support.

To delete individual bets, follow these my steps;

Log in to your 1xbet account.
Click on the “Betting history” tab.
Find the bet you want to delete and click on the “Delete” button.
Confirm that you want to delete the bet.

How to Close, Delete, or Deactivate Your Easybuy Account Easily

Scholarships

By

Seun Ogun

-

January 22, 2026

0

How to Close, Delete, or Deactivate Your Easybuy Account Easily

Are you looking to close, delete, or deactivate your Easybuy account? If so, you’ve come to the right place. In this blog post, we will walk you through the easy process of doing so.

We will also provide some helpful tips on how to protect your privacy and security when using Easybuy.

So, without further ado, let’s get started!

What is EasyBuy

Easybuy is a popular e-commerce platform in Southeast Asia that offers a wide range of products, including electronics, appliances, fashion, and more.

The platform also provides financing options, such as Easybuy PayLater, which allows customers to purchase items and spread out the payments over time.

While Easybuy offers a convenient and flexible shopping experience, there may be instances when you decide to close, delete, or deactivate your account.

Perhaps you no longer use the platform regularly, or you have concerns about data privacy. Whatever the reason, understanding the process of account closure is essential.

Reasons for Closing, Deleting, or Deactivating Your Easybuy Account

There are several reasons why you might decide to close, delete, or deactivate your Easybuy account. Some common reasons include that If you no longer use Easybuy for shopping or Easybuy PayLater, closing your account can help declutter your digital presence and reduce the number of online accounts you need to manage.

Secondly, If you have concerns about the collection and use of your personal data by Easybuy, closing your account can help you regain control over your data privacy. In fact to some, they deactivate EasyBuy if they have outstanding Easybuy PayLater installments and are struggling to make payments:

Requirements for Closing, Deleting, or Deactivating Your Easybuy Account

Before initiating the account closure process, it’s essential to ensure you have met the following prerequisites:

Ensure You Have Completed All Outstanding Payments

Before closing your Easybuy account, it’s crucial to ensure you have completed all outstanding payments, including Easybuy PayLater installments. Any outstanding balances may hinder the account closure process and could potentially lead to additional charges.

Back Up Your Easybuy Data (Optional)

While Easybuy may retain some data for regulatory purposes, it’s recommended to back up any personal data or purchase history you want to preserve before closing your account. This can be done by downloading your Easybuy transaction history or contacting customer support for assistance.

Methods for Closing, Deleting, or Deactivating Your Easybuy Account

Easybuy provides multiple methods for closing, deleting, or deactivating your account. You can choose the method that best suits your preference and convenience.

How to Close Your Easybuy Account Through the Easybuy App

Step 1: Open the Easybuy App

Launch the Easybuy app on your mobile device. Ensure you are logged in to your Easybuy account.

Step 2: Navigate to the Settings Menu

Tap on the menu icon or profile icon to access the settings menu.

Step 3: Select “Account Management”

Locate and select the “Account Management” option from the settings menu.

Step 4: Choose “Close Account”

Scroll down and select the “Close Account” option.

Step 5: Confirm Your Action

A confirmation pop-up will appear. Tap on “Confirm” to proceed with account closure.

Step 6: Provide Reason for Account Closure (Optional)

You may be asked to provide a reason for closing your account. Enter a brief explanation if desired.

Step 7: Submit Your Request

Tap on “Submit” to finalize your account closure request.

How to close Your Easybuy Account Through the Easybuy Website

Step 1: Access the Easybuy Website

Open a web browser and navigate to the Easybuy website.

Step 2: Log In to Your Easybuy Account

Enter your Easybuy account credentials (email address and password) and click on “Log In”.

Step 3: Click on Your Profile Picture

Locate your profile picture or username in the top right corner of the website and click on it.

Step 4: Select “Account Settings”

From the drop-down menu, choose the “Account Settings” option.

Step 5: Choose “Close Account”

Under the “Account Management” section, click on the “Close Account” option.

Step 6: Confirm Your Action

A confirmation pop-up will appear. Click on “Confirm” to proceed with account closure.

Step 7: Provide Reason for Account Closure (Optional)

You may be asked to provide a reason for closing your account. Enter a brief explanation if desired.

Step 8: Submit Your Request

Click on “Submit” to finalize your account closure request.

How to deactivate your Easybuy account by contacting Easybuy Customer Support

If you encounter any difficulties closing your account through the app or website, you can contact Easybuy customer support for assistance.

Step 1: Gather Your Easybuy Account Information

Before contacting customer support, gather your Easybuy account information, including your registered email address, phone number, and account ID.

Step 2: Contact Easybuy Customer Support Via Phone or Email

Easybuy customer support can be reached via phone or email. You can find their contact information on the Easybuy website or app.

Step 3: Inform the Customer Support Representative of Your Intention to Close Your Account

Clearly state that you wish to close your Easybuy account. The customer support representative will guide you through the process.

Step 4: Provide Your Easybuy Account Information

Provide the customer support representative with your Easybuy account information to verify your identity and initiate the account closure process.

Step 5: Verify Your Identity

The customer support representative may ask you to provide additional information or security questions to verify your identity and ensure authorized account closure.

Step 6: Confirm Your Account Closure

Once your identity is verified, reconfirm your intention to close your Easybuy account.

Step 7: Receive Confirmation Email

Upon successful account closure, you will receive a confirmation email from Easybuy notifying you that your account has been deactivated.

What Happens to Your Easybuy Account Data After Closure?

Easybuy may retain some of your personal data for regulatory purposes, but your account profile and purchase history will be deleted. If you have any concerns about data retention, you can contact Easybuy customer support for more details.

Can You Reopen Your Easybuy Account After Closure?

Yes, you can reopen your Easybuy account within 30 days of closing it. However, you will need to go through the account creation process again and provide your personal information.

Conclusion

Closing, deleting, or deactivating your Easybuy account is a straightforward process that can be done through the mobile app, website, or by contacting customer support.

By following the steps outlined in this guide, you can easily manage your Easybuy account and ensure your privacy preferences are respected.

FAQS

How do I remove a security plugin from my phone?

To remove a security plugin from your Android phone, kindly follow this steps;

Open your phone’s Settings app.

Tap on “Security” or “Lock screen and security.”
Scroll down to the “Device administrators” section.
Locate the security plugin you want to remove and tap on it.
Tap on “Deactivate” or “Disable.”
If prompted, enter your PIN, password, or pattern to confirm the deactivation.

The security plugin should now be removed from your phone.

If you’re unable to remove the security plugin using these steps, you may need to use a third-party app to remove it such as rooting your phone.

What will Easybuy do to defaulters?

EasyBuy will may charge late fees, report delinquencies to credit bureaus, or pursue legal action.

Can my BVN be blacklisted by loan app?

Yes, your BVN can be blacklisted by a loan app if you fail to repay a loan you have taken out from that app.

This is because the loan app will report your default to the Nigeria Inter-Bank Settlement System (NIBSS), which is the body that manages BVN in Nigeria.

Once your BVN is blacklisted, you will not be able to take out any new loans from any bank or financial institution in Nigeria.

How to Close, Delete, or Deactivate Your OctaFX Account Easily

Finance

By

Seun Ogun

-

January 22, 2026

0

How to Close, Delete, or Deactivate Your OctaFX Account Easily

Are you feeling overwhelmed by the countless emails and notifications flooding your inbox from OctaFX? Or perhaps you’ve decided to switch to a different trading platform that better suits your needs? Whatever the reason may be, you have come to the right place!

I am aware that closing your OctaFX account might seem like a hard task, but fear not! We have compiled all the necessary information and simplified the steps so that you can bid farewell to OctaFX.

Whether you are an experienced trader or a newbie finding your way in the Forex market, it is crucial to understand the options available to you when it comes to closing, deleting, or deactivating your OctaFX account.

In this blog post, I will cover each method in detail, ensuring that you make an informed decision that best suits your needs.

Let’s get started.

What is OctaFX?

OctaFX is a global forex and CFD broker that is regulated by CySEC (Cyprus Securities and Exchange Commission).

The company was founded in 2011 and is headquartered in Cyprus. OctaFX offers a wide range of trading products and services, including forex, CFDs, indices, metals, and energies. The company also offers a variety of account types, including micro, mini, standard, and ECN.

Reasons for Closing or Deactivating an OctaFX Account

Various reasons may prompt an OctaFX account holder to close or deactivate their account. Some of these reasons include;

If an account has been inactive for an extended period, you may decide to close it to avoid any unnecessary fees or charges.

As a trader, you may choose to close your OctaFX accounts to pursue trading opportunities with other brokers or platforms that better suit their preferences. Also, personal circumstances, such as financial constraints or a change in trading goals, may lead individuals to close or deactivate their OctaFX accounts.

Regardless of the reason, closing or deactivating an OctaFX account is a straightforward process. This guide will provide detailed instructions on how to close, delete, or deactivate your OctaFX account seamlessly.

Steps to Close Your OctaFX Account

Closing your OctaFX account involves withdrawing all remaining funds and initiating the account closure process with OctaFX customer support.

Step 1: Withdraw All Remaining Funds

Before initiating account closure, ensure you have withdrawn all remaining funds from your trading accounts. To withdraw funds,
Log in to your OctaFX Personal Area.
Access the “Withdraw” section.
Select the preferred withdrawal method and enter the required details.
Review the withdrawal request and confirm.
Once the withdrawal is complete, proceed to the next step.

Step 2: Contact OctaFX Customer Support

To initiate the account closure process, contact OctaFX customer support via email or live chat. Inform them of your intention to close your OctaFX account.

Step 3: Provide Necessary Information

Upon contacting customer support, you may be asked to provide certain information to verify your identity and account ownership. This information may include;

Your full name
Registered email address
Account number
Reason for closing the account

Step 4: Confirmation of Account Closure

Once the necessary information is provided and verified, OctaFX customer support will proceed with the account closure process. You will receive a confirmation email once the account is successfully closed.

When closing your OctaFX account, consider the following

Closing a trading account only disables access to trading activities, while closing the Personal Area removes your entire account profile. Also, you can still monitor closed accounts for historical purposes by contacting OctaFX customer support.

In fact, closing your account may result in the loss of any accumulated bonuses or promotions.

This, closing an OctaFX account permanently removes your account profile and trading access, while deactivating an account temporarily suspends trading activities without closing the account. Deactivation allows you to resume trading at a later time without having to go through the account opening process again.

Steps to Deactivate Your OctaFX Account

Log in to your OctaFX Personal Area.
Locate the “Account Settings” section.
Look for the “Deactivate Account” option and click on it.
Briefly explain why you wish to deactivate your account.
Review the deactivation request and confirm your decision.

How to Reactivate a Deactivated OctaFX Account

To reactivate a deactivated OctaFX account, simply contact OctaFX customer support and request account reactivation. They will verify your identity and reactivate your account promptly.

Conclusion

In conclusion, closing, deleting, or deactivating your OctaFX account doesn’t have to be a difficult or confusing process. By following the steps outlined in this guide and understanding the implications of each method, you can leave OctaFX with ease and move on to a trading platform that meets your current needs.

Remember to consider all factors before proceeding and utilize the available resources such as customer support and self-service options.

I hope this guide has been helpful in navigating the account closure process, and we wish you the best in your future trading endeavors.

How to Close, Delete or Deactivate Your OKash Loan Account Easily

Scholarships

By

Seun Ogun

-

January 22, 2026

0

How to Close, Delete or Deactivate Your OKash Loan Account Easily

Welcome to crypto Finance Job. Our topic to day is on how to delete, close or deactivate Okash loan account as fast as possible.

OKash is a popular mobile lending platform in Nigeria that provides instant loans to qualified borrowers. While these loans can be helpful in times of financial need, it’s crucial to manage them responsibly and understand the process of closing your account when the loan is fully repaid.

This guide will walk you through the steps involved in closing, deleting, or deactivating your OKash loan account effectively.

Whether you have repaid your loan and no longer require the service or prefer to take a break from using Okash, understanding the account termination process is crucial.

Before embarking on the loan closure process, it’s essential to grasp the underlying principles and considerations involved.

Reasons for Closing a Loan Account

There are various reasons why an individual might consider closing their OKash loan account. These reasons may include;

Full Repayment: Once the loan is fully repaid, there’s no further need to maintain an active loan account.

Consolidating Debts: Combining multiple loans into a single one with better terms may necessitate closing existing accounts.

Reducing Financial Footprint: Minimizing the number of active financial accounts can simplify personal finance management.

Personal Preferences: An individual may choose to close their OKash account due to personal preferences or changes in financial circumstances.

Impact of Loan Closure on Creditworthiness

Closing a loan account in good standing, with a history of timely repayments, have a very good positively impact your creditworthiness.

However, it’s important to note that closing an account too early or having a limited credit history can also affect your credit score.

Requirements for Closing, Deleting, or Deactivating Your Okash Account

Before embarking on the account termination process, ensure you have fulfilled the following prerequisites:

Before closing or deactivating your account, it is essential to ensure you have cleared all outstanding loan balances. Failure to do so may result in legal repercussions and affect your creditworthiness.
To initiate the account termination process, you must have a registered Okash account and possess valid access credentials, including your registered phone number and password or PIN.
A stable internet connection is necessary for accessing the Okash mobile app or website, which are the primary channels for managing your account.

Methods for Closing, Deleting, or Deactivating Your Okash Account

Okash offers two primary methods for closing, deleting, or deactivating your account, these include; through the mobile app or by contacting customer support.

Closing Your Okash Account Through the Mobile App

Begin by launching the Okash mobile app on your smartphone. Ensure you have an active internet connection. Once the app is open, log in to your account using your registered phone number and password or PIN.
Once successfully logged in, locate and navigate to the “Account” section within the Okash mobile app. This section typically houses your account information and settings.
Within the “Account” section, identify and select the “Close Account” option. This option will initiate the account closure process.
A confirmation prompt will appear, asking you to verify your decision to close your Okash account. Carefully review the prompt and ensure you are ready to proceed with the closure.
To confirm your identity and prevent unauthorized account closure, you will be prompted to enter your Okash PIN or password. Enter the correct credentials to proceed.

Your Okash Account Will Be Closed Permanently: Upon successful verification, your Okash account will be permanently closed. You will receive a confirmation message notifying you of the account closure.

How to close Okash account by contactingOkash Customer Support

Alternatively, you can close, delete, or deactivate your Okash account by contacting Okash customer support. This method is particularly useful if you encounter any difficulties with the mobile app method.

Depending on your preference, either open the Okash mobile app or access the Okash website using a web browser. Ensure you have a stable internet connection.
Navigate to the “Customer Support” or “Contact Us” section within the Okash mobile app or website. This section provides contact information and support options.
Okash offers various communication channels for customer support, including phone, email, or live chat. Select the method that best suits your needs and preferences.
Once connected with a customer support representative, clearly express your intention to close, delete, or deactivate your Okash account. They will guide you through the process.
To verify your account ownership and initiate the closure process, you will be asked to provide your Okash account details, such as your registered phone number, email address, or any other relevant information.
Upon successful verification of your account ownership, the customer support representative will proceed with closing, deleting, or deactivating your Okash account. They may provide further instructions or confirmation details.

In addition to closing your Okash account permanently, you may consider alternative options that provide more flexibility:

Deactivating Your Okash Account Temporarily

If you wish to take a break from using your Okash account but may need it again in the future, consider deactivating it temporarily. This option allows you to retain your account information and easily reactivate it when needed.

Step 1: Access Your Okash Account Through the Mobile App or Website

Log in to your Okash account using the mobile app or website, ensuring a stable internet connection.

Step 2: Navigate to the “Settings” or “Account Management” Section

Locate and access the “Settings” or “Account Management” section within the Okash app or website. This section typically houses account preferences and management options.

Step 3: Locate the “Deactivate Account” or “Pause Account” Option

Within the “Settings” or “Account Management” section, identify and select the “Deactivate Account” or “Pause Account” option. This option will initiate the temporary account deactivation process.

Step 4: Confirm Your Decision to Temporarily Deactivate Your Account

A confirmation prompt will appear, asking you to verify your decision to temporarily deactivate your Okash account. Carefully review the prompt and ensure you are ready to proceed.

Step 5: Enter Your Okash PIN or Password for Verification

To confirm your identity and prevent unauthorized account deactivation, you will be prompted to enter your Okash PIN or password. Enter the correct credentials to proceed.

Step 6: Your Okash Account Will Be Temporarily Deactivated

Upon successful verification, your Okash account will be temporarily deactivated. You will receive a confirmation message notifying you of the temporary deactivation. To reactivate your account at any time, simply log in using your registered phone number and password or PIN.

How to repay Your Outstanding Loan Balance

If you have an outstanding loan balance on your Okash account but wish to close it later, consider repaying the balance in full. Once the balance is cleared, you can proceed with closing or deactivating your account.

Step 1: Log In to Your Okash Account and Check Your Outstanding Loan Balance

Access your Okash account through the mobile app or website and navigate to the “Loans” or “Account Summary” section to view your outstanding loan balance.

Step 2: Utilize the Available Repayment Methods

Okash offers various repayment methods for settling your loan balance. Select the most convenient method for you, such as bank transfer, mobile money, or debit card payment.

Step 3: Make the Full Payment to Clear Your Outstanding Balance

Initiate the repayment process and make the full payment to clear your outstanding loan balance. Ensure the payment is processed successfully.

Step 4: Once the Payment Is Processed, You Can Consider Closing or Deactivating Your Account

Upon confirmation of the full payment, you can proceed with closing or deactivating your Okash account as described in the previous methods.

Conclusion

Closing, deleting, or deactivating your Okash account is a straightforward process that can be completed using the mobile app or by contacting customer support.

Remember to settle all outstanding loan balances before initiating account closure. Consider temporary deactivation if you may need the account again in the future. For further assistance or account management inquiries, refer to the Okash website or customer support channels.

FAQS

How do I cancel my Okash loan?

You can cancel your Okash loan within 24 hours of disbursement by repaying the principal amount of the loan within 24 hours of disbursement or Contact Okash customer service at or +234 817 904 9044 to inform them of your cancellation request.

Please note that you will not be able to cancel your loan after 24 hours of disbursement.

If you fail to repay the principal amount within 24 hours, you will be charged interest and late fees.

What happens when you don’t pay Okash?

Okash charges late fees for any payments made after the due date. The late fee is 2% of the outstanding balance per day.

In fact, you will continue to accrue interest on your loan until it is fully repaid.

Is OPay the owner of OKash?

No, OPay is not the owner of OKash. OKash was originally founded by OPay, but in December 2018, Opera acquired OKash from OPay for $9.5 million. As a result, OKash is now a subsidiary of Opera, and OPay is no longer affiliated with the company.

How to Close, Delete, or Deactivate Your Piggyvest Account Easily

Finance

By

Seun Ogun

-

January 22, 2026

0

How to Close, Delete, or Deactivate Your Piggyvest Account Easily

Piggyvest is a popular Nigerian savings and investment platform that has helped millions of people reach their financial goals.

However, there may be times when you need to close, delete, or deactivate your Piggyvest account.

Perhaps you’re no longer using the platform, have consolidated your finances elsewhere, or simply want to take a break from saving and investing.

Whatever the reason, closing your Piggyvest account is a straightforward process that can be completed in a few simple steps.

In this article, I will walk you through the entire process, from withdrawing your funds to canceling your savings plans and finally closing your account.

What is Piggyvest?

PiggyVest is an online savings and investment platform in Nigeria that helps users save money and grow their wealth. It was founded in 2016 and has over 4 million registered users.

Why might you want to close your Piggyvest account?

There are a few reasons why you might want to close your Piggyvest account. Some of the most common reasons include:

If you’re no longer using Piggyvest, there’s no need to keep your account open. You can close your account and withdraw your funds.
If you’re switching to a different savings or investment option, you may want to close your Piggyvest account to consolidate your finances.
If you’re concerned about the security of your Piggyvest account, you may want to close your account to protect your personal information and financial data.

Before you close your Piggyvest account, it’s important to note that you need to makesure you have your Piggyvest account number, email address, and password. You will also need to have your bank account information on hand if you want to withdraw your funds. Also, don’t forget to downloada copy of your transaction history and any other important account data. This will help you keep track of your savings and investments for tax purposes.

Once you’ve prepared your account, you can follow these steps to close your Piggyvest account

Go to the Piggyvest website and log in to your account using your email address and password.
Click on your name in the top right corner of the screen: Select “Settings”: This will take you to your account settings page.
Scroll down to the “Account” section: Click on the “Close Account” button.

Another Steps on How to Close, Delete or Deactivate Your Piggyvest Account

Step 1: Withdraw All Funds from Your Piggyvest Account

Before initiating the account closure process, it is crucial to withdraw all remaining funds from your Piggyvest account. This ensures that you have full access to your money and avoid any potential delays or complications.

Step 2: Contact Piggyvest Customer Support to Initiate Account Closure

Once you have withdrawn all funds, the next step is to contact Piggyvest customer support to initiate the account closure process. You can reach customer support through various channels, including email, phone, or live chat.

Step 3: Confirm Account Closure and Provide Necessary Information

Customer support will guide you through the account closure process and request confirmation of your decision. They may also ask for additional information to verify your identity and ensure that the closure is being initiated by the rightful account holder.

Step 4: Wait for Confirmation of Account Closure

After completing the necessary steps with customer support, you will receive confirmation of your account closure. The specific timeframe for closure may vary depending on Piggyvest’s internal processes.

What Happens to Your Savings After Account Closure?

Once your Piggyvest account is closed, your savings history and any accrued interest will be lost. Therefore, it is essential to withdraw all funds before initiating the closure process.

How to Reactivate Your Piggyvest Account if You Change Your Mind

If you decide to reactivate your Piggyvest account after closing it, you can contact customer support, and they will guide you through the reactivation process.

Conclusion

Thanks for reading to the end. The outline process are the way to close, delete, or deactivate your piggy Vest account. I hope you find this insightful.

FAQ

How do I break my PiggyVest?

Breaking your PiggyVest means withdrawing the funds from your Target Savings into your Flex wallet. You can do this by

Log in to your PiggyVest account.
Click on the Target Savings option on your dashboard.
Click on Ongoing Targets.
Select the target you would like to break.
Click on Break.

The funds will then be transferred to your Flex wallet, and you will be able to access them immediately.

How can I Unflag my PiggyVest account?

To unflag your PiggyVest account, you should contact PiggyVest customer support directly. Reach out to their support team via email finance@piggyvest.com or through the app, providing details about your account and the reason for flagging.

How do I lock my savings on PiggyVest?

To lock your savings on PiggyVest, you can use the SafeLock™ feature. This feature allows you to set aside money for a fixed period of time without having access to it until maturity. You can also earn up to 12.5% p.a. interest on your locked funds.

To get started,

Open the PiggyVest app and tap on the “Savings” tab.
Tap on the “Safelock” button.
Enter the amount of money you want to lock, a title for your Safelock, and the return date.
Tap on the “Create Safelock” button.
Review the terms and conditions and tap on the “Agree” button.

Your money will be moved to your Safelock and you will not be able to access it until the maturity date. You will earn interest on your locked funds, which will be paid to you upfront.

Top 10 Online Loans with Weekly or Monthly Payments in Nigeria 2023

Finance

By

Seun Ogun

-

January 22, 2026

0

Top 10 Online Loans with Weekly or Monthly Payments in Nigeria 2023

Have you been scammed by loan apps before and you’re now looking for legit loan apps that allows weekly or monthly payment?

Sorry for the misfortunate incident.

Well, in this blog post, I have gathered top

10 Online loan apps that are legit that give monthly and weekly payment.

What are online loan apps?

Online loan apps are mobile applications that allow users to apply for and receive loans directly from their smartphones. These apps have gained popularity in recent years due to their convenience and ease of use.

Factors to Consider When Choosing an Online Loan

When choosing an online loan, it is crucial to consider several factors to ensure you select the most suitable option for your needs, some of them include;

1. Loan Amount: Determine the amount of money you need to borrow, considering your financial situation and the intended purpose of the loan.

2. Interest Rates: Compare interest rates offered by different lenders to find the most competitive option.

3. Repayment Terms: Assess the repayment terms offered, including the repayment frequency (weekly or monthly) and the overall loan duration.

4. Loan Eligibility: Review the eligibility criteria of each lender to ensure you meet the requirements.

5. Customer Reviews: Read online reviews to gauge the reputation and customer satisfaction of different lenders.

Steps to Apply for an Online Loan in Nigeria

1. Carefully review the options available and select a lender that suits your needs.

2. Download the lender’s mobile app from the app store.

3. Create an account using your valid phone number, email address, and other required information.

4. Fill out the application form accurately, providing truthful and complete information.

5. Submit your government-issued ID card or other required documents for verification.

6. Link your bank account to facilitate loan disbursement and repayment.

7. Review the application details and submit the loan request for approval.

8. Upon approval, the loan amount will be disbursed directly into your linked bank account.

Responsible Borrowing Practices

Refrain from borrowing more than you can afford to repay and make sure that you thoroughly understand the loan terms, including interest rates, repayment schedule, and penalties.

Top 10 Online Loans with Weekly or Monthly Payments in Nigeria

The top 10 best loan apps with weekly or monthly payment in Nigeria include;

FairMoney
Renmoney
Carbon
Aella Credit
Zedvance
Branch
Paylater
Migo
QuickCheck
Specta

I will be explain them one after the other.

FairMoney

FairMoney is a digital bank that offers instant personal loans, savings accounts, and investments. It is available in Nigeria and India.

Loan amounts

The amount of money you can borrow from FairMoney depends on your creditworthiness. The minimum loan amount is ₹1,000 in India and ₦5,000 in Nigeria. The maximum loan amount is ₹60,000 in India and ₦3,000,000 in Nigeria.

Interest rates

The interest rate you will pay on your FairMoney loan depends on your creditworthiness and the loan amount. The interest rate in India ranges from 12% to 36% per annum. The interest rate in Nigeria ranges from 11% to 35.9% per annum.

Repayment terms

The repayment term for your FairMoney loan depends on the loan amount. The repayment term in India ranges from 90 days to 180 days. The repayment term in Nigeria ranges from 6 months to 12 months.

How to apply for FairMoney loan

To apply for a FairMoney loan, you will need to download the FairMoney app and create an account. You will then need to provide your personal information, including your name, address, phone number, and bank account details. You will also need to provide your Aadhaar card number (India) or Bank Verification Number (BVN) (Nigeria).

Once you have submitted your application, FairMoney will review your creditworthiness and make a decision about whether to approve your loan. If your loan is approved, you will receive the money in your bank account within 5 minutes.

2. Renmoney

Renmoney is a digital finance platform that offers loans, savings, and investments to individuals and businesses in Nigeria. The company was founded in 2012 and is headquartered in Lagos. Renmoney is licensed by the Central Bank of Nigeria (CBN) to operate as a microfinance bank.

Loans

Renmoney offers a variety of personal and business loans. Personal loans can be used for a variety of purposes, such as consolidating debt, financing home improvements, or covering unexpected expenses. Business loans can be used to finance working capital, purchase inventory, or expand operations.

Interest Rates

The interest rate for Renmoney loans depends on the loan amount, the loan term, and the borrower’s creditworthiness. Personal loans typically have an interest rate of 13% to 24% per annum. Business loans typically have an interest rate of 18% to 32% per annum.

Loan Amounts

The maximum amount that a borrower can borrow depends on their creditworthiness and income. Personal loans typically range from ₦6,000 to ₦6,000,000. Business loans typically range from ₦50,000 to ₦50,000,000.

Repayment Terms

The repayment term for Renmoney loans depends on the loan amount. Personal loans typically have a repayment term of 3 to 24 months. Business loans typically have a repayment term of 12 to 36 months.

How to Apply for a Renmoney Loan

MTo apply for a Renmoney loan, you can visit the Renmoney website or download the Renmoney app. You will need to provide your personal information, income information, and employment information. You will also need to provide bank statements and other documentation to support your application.

3. Carbon

Carbon is a digital banking platform that offers a variety of financial services, including loans, savings accounts, and bill payment. Carbon loans are designed to be quick and easy to access, with a simple application process and no hidden fees.

Interest rates

Carbon’s interest rates are competitive and vary depending on the loan amount and repayment term. For example, a ₦10,000 loan with a 6-week repayment term would have an interest rate of 15%.

Loan amounts

The amount you can borrow with a Carbon loan depends on your creditworthiness. However, Carbon typically offers loans of ₦5,000 to ₦1,000,000.

Repayment terms

Carbon loans have a repayment term of 6 to 64 weeks. You can make repayments online or through Carbon’s mobile app.

4. Aella Credit

This is a mobile loan app that offers instant personal loans to borrowers in Nigeria. The app is available on both Android and iOS devices.

Aella Credit offers loans ranging from ₦1,500 to ₦500,000 with repayment terms of 91 days to 18 months. The interest rate on Aella Credit loans ranges from 11% to 32% per annum.

To be eligible for an Aella Credit loan, you must be a Nigerian citizen, at least 18 years old, and have a valid Bank Verification Number (BVN). You must also have a regular source of income and a good credit history.

The Aella Credit loan application process is simple and straightforward. You can apply for a loan directly from the app. Once your application is submitted, it will be reviewed by Aella Credit’s underwriting team. If your application is approved, you will receive your funds instantly.

Aella Credit is a reputable and reliable loan app. The company is registered with the Central Bank of Nigeria (CBN) and complies with all applicable regulations. Aella Credit is also committed to protecting its customers’ data. All data is stored securely and is never shared with third parties.

If you are looking for an instant personal loan in Nigeria, Aella Credit is a great option. The app offers competitive interest rates and flexible repayment terms. The application process is simple and straightforward, and you will receive your funds instantly if your application is approved.

5. Zedvance Credit Loan App

Zedvance Credit is a Nigerian financial technology company that offers a variety of loan products to individuals and businesses. They offer a mobile app called MoneyPal that makes it easy to apply for and manage loans.

Interest Rates

Zedvance Credit’s interest rates are competitive with other lenders in Nigeria. Their rates range from 15% to 30% per annum, depending on the loan amount, repayment term, and creditworthiness of the borrower.

Loan Amounts

Zedvance Credit offers loan amounts ranging from ₦5,000 to ₦1 million. The maximum loan amount that a borrower can qualify for will depend on their credit history and income.

Repayment Terms

Zedvance Credit offers flexible repayment terms ranging from 3 to 12 months. Borrowers can choose to repay their loans in monthly, bi-weekly, or weekly installments.

6. Branch

Branch is a popular loan app in Nigeria that offers loans of up to ₦200,000 with interest rates of 15% to 30% per annum. Repayment terms range from 2 to 20 weeks.

7. Paylater

Paylater is another popular Nigerian loan app that offers loans of up to ₦1,000,000 with interest rates of 15% to 35% per annum. Repayment terms range from 2 to 24 months.

8. Migo’s

Migo is a relatively new loan app in Nigeria that offers loans of up to ₦100,000 with interest rates of 5% to 15% per month. Repayment terms range from 1 to 30 days.

9.QuickCheck

This is a Nigerian loan app that offers loans of up to ₦25,000 with interest rates of 15% to 25% per annum. Repayment terms range from 2 to 9 months.

10. Specta

is a Nigerian loan app that offers loans of up to ₦500,000 with interest rates of 15% to 32% per annum. Repayment terms range from 2 to 12 months.

Conclusion

Yo! That’s all. Now you have thee free comprehensive list of the top 10 loan apps in Nigeria, in no particular order.

I hope you find this insightful. Thanks for reading.

FAQS

What is the easiest loan to get online?

Have you heard of Palmpay? If no, it’s one if the easiest loan app out there.

PalmPay is a mobile financial services platform that offers a variety of financial products, including loans. PalmPay loans are relatively easy to get online.

Is Money Lion legit?

Yes, MoneyLion is a legitimate company that offers a variety of financial services, including mobile banking, cash advances, and credit-builder loans. It is a member of the Financial Industry Regulatory Authority (FINRA) and the National Financial Educators Council (NFEC). MoneyLion has also been awarded a “B” rating from the Better Business Bureau (BBB).

How to Close, Delete or Deactivate your Fairmoney Account Easily

Finance

By

Seun Ogun

-

January 22, 2026

0

How to Close, Delete or Deactivate your Fairmoney Account Easily

Closing Fairmoney account is relatively simple and straightforward. Have you decided that you don’t longer want to use the platform for borrowing money again?

If so, don’t worry, I will walk you through the process from A-z. Make sure you read this article to the very end.

What is Fairmoney?

Fairmoney is a digital microfinance bank that is licensed by the Central Bank of Nigeria (CBN). The company offers a variety of financial services to individuals, including loans, savings, and payments. Fairmoney’s mobile app is available for download on Android and iOS devices.

Reasons to Close, Delete, or Deactivate Your Fairmoney Account

There are several reasons why you might want to close, delete, or deactivate your Fairmoney account. Some of the most common reasons include;

You are no longer using the Fairmoney app
You are concerned about the security of your data
You want to consolidate your finances with another bank
You are moving to a new country and will no longer need Fairmoney’s services

Requirements for Account Closure

Before initiating the account closure process, it’s essential to ensure that you meet certain prerequisites:

Confirm that you have no outstanding loan balance. If any outstanding loans exist, you must repay them in full before proceeding with account closure.
Ensure that your account has sufficient funds to cover any remaining charges, such as account closure fees or penalties. Failure to do so may lead to delays in the closure process.
You must have access to your registered Fairmoney account. This means you should have your login credentials readily available.
Ensure that a valid email address is linked to your Fairmoney account. This email address will be used for communication throughout the process.

Steps to Close, Delete, or Deactivate Your FairMoney Account

Contact FairMoney Customer Support: The first step towards account closure is to contact FairMoney’s customer support team. You can reach them via phone, email, or through the in-app chat feature.

Inform the customer service representative of your intention to close, delete, or deactivate your FairMoney account. They will guide you through the process and provide any necessary assistance.

Methods for Closing, Deleting, or Deactivating Your Fairmoney Account

Today I have 3 different methods of closing, deactivating and deleting your Fairmoney loan app. Let’s get started.

Step 1: Repay Any Outstanding Loans

Before closing your Fairmoney account, it is crucial to ensure you have repaid any outstanding loans. This includes personal loans, business loans, and any other forms of credit you may have obtained through Fairmoney.

Log in to your Fairmoney app and navigate to the “Loans” section.
Review your loan history and identify any outstanding loan balances.
Repay all outstanding loans in full before proceeding with account closure if you have not done that before.

Step 2: Contact Fairmoney Customer Support

Once your loan obligations have been met, it’s time to initiate the account closure process. This requires contacting Fairmoney customer support.

Launch the Fairmoney app and click on the “Help” icon.
Select the most convenient contact method for you, such as phone, email, or chat.
Clearly communicate your intention to close your Fairmoney account.
Verify your account ownership by providing your registered email address and phone number.
Request confirmation of account closure and ensure you receive a notification or email acknowledging the action.

Let’s move to the second method.

How to Deleting Your Fairmoney Account

In other to delete your fair money account, you can follow these steps

Step 1: Secure Your Account Data

Before deleting your Fairmoney account, it is essential to secure your account data. This involves downloading and saving any important information associated with your account.

Download your Fairmoney account transaction history for your personal records.
Save any essential documents or files related to your Fairmoney account, such as loan agreements or transaction receipts.

Step 2: Contact Fairmoney Customer Support

Once your account data has been secured, proceed to contact Fairmoney customer support to initiate the account deletion process.

Follow the same steps as Method 1 (Step 2) to contact customer support.
Clearly express your desire to delete your Fairmoney account.
Verify your account ownership by providing your registered email address and phone number.
Request account deletion and ensure you receive a confirmation email or notification acknowledging the action.

Lastly, let’s discuss how you can deactivate your Fairmoney Account.

How to Deactivating Your Fairmoney Account

If you wish to temporarily suspend your Fairmoney account instead of closing or deleting it, you can follow this alternative method.

Step 1: Temporarily Suspend Your Account

Log in to your Fairmoney app and click on the “Settings” icon.

Navigate to the “Account Security” section.
Select the option to “Temporarily Suspend Account.”
Provide a reason for suspending your account.
Enter your password to confirm the temporary account suspension.

Step 2: Contact Fairmoney Customer Support

After suspending your account, inform Fairmoney customer support to ensure they are aware of your action.

Follow the same steps as Method 1 (Step 2) to contact customer support.
Inform the customer support representative of your decision to deactivate your Fairmoney account.
Verify your account ownership by providing your registered email address and phone number.
Request account deactivation and confirm the process with the customer support representative.

Conclusion

In conclusion, closing your Faormoney account is simple and I am assured that if you follow the outline procedures, you will be able to deactivate, delete or close your Fairmoney account easily.

FAQS

How do I remove my information from loan app?

The process of removing your information from a loan app may vary depending on the specific app you are using. However, the general steps is as follows;

The first step is to uninstall the loan app from your device. This will prevent the app from collecting any more of your data.
Go to your device’s settings and find the “Apps” or “Applications” section. Look for the loan app and tap on it. Then, tap on “Permissions” and revoke all of the permissions that you have granted to the app.
If you want to make sure that your data has been completely deleted from the app’s servers, you can contact the app developer and ask them to delete your data. You can usually find the contact information for the app developer in the app’s privacy policy or on the app’s website.
If you have used multiple loan apps and are concerned about your data being shared with third-party data brokers, you can consider using a data broker removal service. These services can help you identify which data brokers have your information and can then help you remove your information from their databases.

What happens when you owe FairMoney?

When you owe money to FairMoney or any lending platform, it’s crucial to adhere to the agreed-upon repayment terms. Failure to repay on time may result in late fees, increased interest rates, and a negative impact on your credit score.

Also, FairMoney may contact you for repayment reminders or take legal action if the debt remains unpaid for an extended period.

What is the highest amount you can borrow from FairMoney?

The highest amount you can borrow from FairMoney is N3,000,000. This is for a personal loan with a repayment period of up to 24 months. The specific amount you are eligible to borrow will depend on your creditworthiness, which is assessed based on factors such as your income, employment history, and credit score.

FairMoney also offers SME loans of up to N5,000,000. These loans are designed to help small and medium-sized businesses grow and expand. The eligibility criteria for SME loans are more stringent than for personal loans, and businesses will need to provide documentation of their financial history and business plan.

How to Close, Delete, or Deactivate Your Renmoney Account Easily

Finance

By

Seun Ogun

-

January 21, 2026

0

How to Close, Delete, or Deactivate Your Renmoney Account Easily

Are you done dealing with Renmoney? Do you feel you no longer need their services? Or you just don’t want to bank with them again? Look no further. I am here to assist you with all you need.

The main reason for the blog post is to assist you on how to close, delete or deactivate your Renmoney Account.

Renmoney is a digital financial services company that operates in Nigeria. The company offers a variety of financial products, including loans, savings accounts, and investments.

If you are no longer using Renmoney’s services, you may want to close your account. Closing your Renmoney account is a relatively simple process, but there are a few things you need to do before you can proceed.

Reasons for Closing, Deleting, or Deactivating Your Renmoney Account

There are various reasons why you might consider closing, deleting, or deactivating your Renmoney account. Some common reasons include;

Repayment of all outstanding loans: Once you have fully repaid your Renmoney loans and have no further financial obligations with the platform, you may choose to close your account to simplify your financial management.
No longer requiring Renmoney’s services: If you no longer have a need for Renmoney’s personal loans or other financial products, you may decide to close your account to streamline your online presence.
If you are concerned about your online privacy and wish to reduce the number of online accounts you maintain, you may consider deleting or deactivating your Renmoney account.

Prerequisites for Closing, Deleting, or Deactivating Your Renmoney Account

Before initiating the process of closing, deleting, or deactivating your Renmoney account, it is crucial to ensure that you have met the following measures;

You must have fully repaid all outstanding loans and balances before proceeding with account closure or deletion. Any pending obligations will prevent you from completing the process.
Have your Renmoney account number, email address, and other relevant information readily available to facilitate the process smoothly.
Clearly communicate your intention to close, delete, or deactivate your Renmoney account to the company.

This can be done through various methods, as outlined in the following section.

Methods for Closing, Deleting, or Deactivating Your Renmoney Account

Step 1: Gather your account information

Before you can close your Renmoney account, you will need to gather some information about your account.

This information includes your account number, your name, your address, and your date of birth. You can find this information in your Renmoney app or on the Renmoney website.

Step 2: Contact Renmoney customer support

Once you have gathered your account information, you will need to contact Renmoney customer support to initiate the account closure process. You can contact Renmoney customer support by phone, email Via hello@renmoney.com, or call them @ 0700 5000 500.

Step 3: Confirm your decision to close your account

When you speak to a Renmoney customer service representative, they will confirm that you want to close your account.

They will also ask you to provide them with your account information and the reason for closing your account.

Step 4: Wait for confirmation from Renmoney

Once you have confirmed your decision to close your account, Renmoney will process your request. You will receive a confirmation email once your account has been closed.

Alternatively, you can Submitting a Request Through the Renmoney App

The Renmoney app provides a user-friendly interface for managing your account and requesting assistance. To close, delete, or deactivate your account using the app, follow these steps:

Launch the Renmoney app on your mobile device.
Locate the support section within the app. This may be denoted by an icon, menu option, or dedicated tab.
Initiate a new request or select the appropriate option for account closure, deletion, or deactivation.
Enter your account details, including your account number, email address, and any relevant explanations for your request.
Review the information carefully and submit the request.
Monitor the progress of your request through the app’s notification system or by contacting customer support.

How to deactivate, and delete your Renmoney account by Visiting a Renmoney Branch

If you prefer in-person assistance, you can visit a Renmoney branch to initiate the process of closing, deleting, or deactivating your account. You can just follow these steps

Identify the nearest Renmoney branch convenient to your location.
Take your valid government-issued ID, such as a passport or national ID card, to the branch.
Inform the branch representative of your intention to close, delete, or deactivate your Renmoney account.
Present your valid ID and any additional information requested by the representative.
Follow the instructions provided by the representative to complete the account closure, deletion, or deactivation process.

Thanks for reading to this end. Kindly note that before finalizing the process of closing, deleting, or deactivating your Renmoney account, you need to consider the following important things.

Ensure that you have fully settled all outstanding balances and repaid any loans before proceeding with account closure. Any pending obligations will prevent you from completing the process.
Be aware that closing, deleting, or deactivating your Renmoney account will remove your access to the platform’s services and personal data associated with your profile.
Keep copies of your account statements, transaction records, and any other relevant documents for your future reference.

Conclusion

Closing, deleting, or deactivating your Renmoney account is a straightforward process that can be completed conveniently through various methods.

Whether you choose to contact customer support, utilize the Renmoney app, or visit a branch in person, ensure that you have met the necessary prerequisites and follow the outlined steps carefully.

Remember to settle any outstanding balances and retain copies of relevant account documents before finalizing the process. If you encounter any difficulties or have further questions, reach out to Renmoney customer support for assistance.

FAQS

What happens if I don’t pay my Renmoney loan?

If you fail to pay your Renmoney loan, it could lead to various consequences. These may include late payment fees, increased interest rates, and damage to your credit score.

Lastly, persistent non-payment may result in legal actions or debt collection efforts by Renmoney. It’s crucial to communicate with them if you’re facing difficulties to find possible solutionI of repayment.

How do I unblock my Renmoney account?

To unblock your Renmoney account, you should contact Renmoney’s customer support directly via email at hello@renmoney.com or call them on 0700 5000 500

They will provide guidance on the specific steps you need to take to resolve the issue and unblock your account.

Be prepared to provide any necessary information or documentation they may require to verify your identity and address the reason for the block.

Can a loan app blacklist your BVN?

Loan apps typically don’t have the authority to blacklist your BVN (Bank Verification Number).

However, repeated non-payment or defaulting on loans could negatively impact your credit score, and this information might be shared with credit bureaus.

As a result, other financial institutions may consider your credit history when assessing loan applications.

Can I Refinance a Car Loan with the Same Bank?

Cryptocurrency

By

Seun Ogun

-

January 21, 2026

0

Can I Refinance a Car Loan with the Same Bank?

What is Car Loan Refinancing?

Car loan refinancing is the process of replacing your existing car loan with a new one, typically offered by a different lender. The primary goal of refinancing is to secure a lower interest rate, which can potentially reduce your monthly payments and the overall cost of the loan over time. Refinancing can also be done to extend the loan term, lowering your monthly payments but increasing the total interest paid.

Benefits of Car Loan Refinancing

Lower Interest Rates: Refinancing can significantly lower your interest rate, leading to reduced monthly payments and overall loan costs.
Flexible Loan Terms: Refinancing allows you to adjust the loan term, either shortening it to pay off the loan faster or extending it to lower monthly payments.
Improved Credit Score: Consistent on-time payments during the refinanced loan can positively impact your credit score.
Consolidation of Debts: Refinancing can consolidate multiple car loans into a single loan, simplifying your finances and potentially lowering interest rates.

When to Consider Car Loan Refinancing

Interest Rate Drops: If interest rates have declined since you took out your current loan, refinancing can secure a lower rate and save you money.
Improved Credit Score: If your credit score has improved since you took out your current loan, you may qualify for a lower interest rate through refinancing.
Extended Loan Term: If you’re facing financial hardship, refinancing may allow you to extend the loan term, reducing monthly payments but increasing overall interest.

Eligibility for Refinancing

Before checking refinancing options, it’s crucial to determine if you meet the eligibility criteria. Several factors influence your eligibility for car loan refinancing, including:

Credit score: Your credit score plays a significant role in determining the interest rate you qualify for. A higher credit score generally indicates lower interest rates, making refinancing more attractive.
Loan-to-value (LTV) ratio: The LTV ratio compares the outstanding loan balance to the vehicle’s current market value. Lenders typically prefer LTV ratios below 80% for refinancing.
Remaining loan term: The length of time remaining on your current car loan can also affect your eligibility. Refinancing may be less beneficial if you have few payments left on your existing loan.

Advantage of Refinancing with the Same Bank

Refinancing your car loan with the same bank offers certain advantages, including:

Existing relationship and familiarity: Your existing relationship with the bank can streamline the refinancing process and potentially provide access to pre-approval offers.
Streamlined process: The bank may already have your financial information on file, making the application process simpler and potentially faster.
Potential pre-approval: Some banks may offer pre-approval for refinancing, allowing you to gauge your eligibility and interest rate options before committing to a full application.

Disadvantages of Refinancing with the Same Bank

Refinancing with the same bank restricts your options to their offerings. Also, without comparing rates, you may miss out on better options from other lenders.

Steps to Refinance with the Same Bank

If you’re considering refinancing with the same bank, follow these steps

Contact your current lender: Reach out to your current car loan lender and express your interest in refinancing. They can provide information about their refinancing policies and eligibility requirements.
Obtain a pre-approval offer: Request a pre-approval offer to get an estimate of the interest rate and terms you qualify for. This will help you determine if refinancing is financially beneficial.
Comparing rates and terms: Before committing to refinancing with your current lender, compare their offer to rates and terms from other lenders, including online platforms and credit unions.
Completing the refinancing application: If you decide to refinance with your current lender, proceed with the application process. This may involve providing updated financial information and completing necessary paperwork.

Considerations When Refinancing

When considering refinancing, keep these factors in mind:

Check if your current loan agreement includes any prepayment penalties, which could offset potential savings from refinancing.
Refinancing may result in a temporary hard inquiry on your credit report, which could slightly impact your credit score.
Refinancing may involve fees such as origination fees, application fees, and title transfer costs.

Before making a refinancing decision, carefully evaluate all available options, consider your financial goals, and prioritize long-term savings. Consulting with a financial advisor can provide personalized guidance tailored to your specific circumstances.

Conclusion

Refinancing your car loan ia an effective strategy for improving your loan terms and saving money. While refinancing with the same bank offers convenience and familiarity, it’s essential to note that it comes with risk.

FAQS

Can I refinance my loan with same bank?

Yes, you can refinance your loan with the same bank. In fact, this can be a convenient option, as the bank will already have your financial information on file.

Does refinancing a car hurt your credit?

Refinancing your car loan can temporarily lower your credit score by a few points, but the impact is usually minimal and your score should bounce back within a few months. This is because refinancing typically involves two hard inquiries on your credit report, which can each cause a small drop in your score.

Best Long-Term Loan Apps in Nigeria

Loans

By

Seun Ogun

-

January 21, 2026

0

Are you tired of borrowing money that could not over your expenses for a long period?

Are you looking for Long term loan apps in Nigeria to hit your target in your business?

This article is for you.

In todays article, I will show you the list of the best long term loan app that you can use for your business or personal loan.

Financial institutions, such as banks, often have stringent requirements for loan approval, making it difficult for many Nigerians to qualify. This is where long-term loan apps have emerged as a viable alternative. These apps offer convenient access to loans without the need for physical documentation or collateral.

Top 5 Long-Term Loan Apps in Nigeria

Branch
Carbon
FairMoney
Aella Credit
Palmpay

Branch

Branch is a mobile banking and financial services app that offers a variety of financial products, including loans, savings accounts, and money transfers. Branch is available in several countries in Africa and India.

Loan interest rates

Branch loan interest rates vary depending on the country and the customer’s creditworthiness. In Nigeria, for example, Branch offers personal loans with interest rates ranging from 15% to 35% per annum. In India, Branch offers personal loans with interest rates ranging from 14% to 22% per annum.

Loan amounts

The amount of money that you can borrow from Branch depends on your creditworthiness. In Nigeria, for example, you can borrow between N1,000 and N500,000.

Repayment terms

Branch loan repayment terms vary depending on the country and the loan amount. In Nigeria, you can repay your loan over a period of 2 to 60 weeks. In India, you can repay your loan over a period of 2 to 60 weeks.

2. Carbon

Carbon is a digital-first financial services provider offering a range of products, including loans, banking, and payments. Carbon loans are designed to be accessible and affordable, with a quick and easy application process.

Carbon loan interest rates

The interest rate on a Carbon loan depends on your creditworthiness and the loan amount. However, all Carbon loans have an interest rate between 2% and 20% per annum (APR).

Carbon loan amounts

You can borrow between ₦1,000 and ₦1,000,000 with a Carbon loan. The maximum loan amount you qualify for will be determined based on your creditworthiness.

Carbon loan repayment terms

Carbon loans have a repayment term of between 3 and 12 months. You can choose to repay your loan on a weekly, bi-weekly, or monthly basis.

In addition to the above, here are some other things to keep in mind about Carbon loans:

There are no hidden fees or charges with Carbon loans.
You can apply for a Carbon loan online or through the Carbon mobile app.
Your loan will be disbursed within 24 hours of approval.
You can make payments on your Carbon loan online, through the Carbon mobile app, or at any Carbon partner location.

3. Fair money

FairMoney is a digital bank and instant loan app that offers personal loans to individuals in India and Nigeria. The app is designed to provide quick and easy access to loans without the need for collateral or paperwork.

Loan amounts and interest rates

In India, FairMoney offers loans of up to ₹60,000 with repayment periods of 90 to 180 days. The annual interest rate (APR) ranges from 12% to 36%.

In Nigeria, FairMoney offers loans of up to ₦3,000,000 with repayment periods of 6 to 18 months. The APR ranges from 11% to 35.88%.

Repayment terms

Loans are repaid in equal monthly installments. Borrowers can choose to repay their loans using Netbanking, UPI, debit card, or wallets. Auto-debit is also available, which allows borrowers to automatically repay their loans on time and take new loans even faster.

4. Aella Credit

Aella Credit is a mobile app that provides instant loans to borrowers in Nigeria. The app uses a proprietary credit scoring algorithm to assess borrowers’ creditworthiness and determine their loan eligibility. Borrowers can apply for loans of up to NGN 1,000,000 and receive their funds within 24 hours.

Aella Credit’s interest rates range from 5% to 35% per annum, depending on the borrower’s creditworthiness. The app also charges a one-time origination fee of 1% of the loan amount. Repayment terms are flexible and can range from 3 to 12 months.

Aella Credit is a convenient and accessible way for Nigerians to access credit. The app’s quick and easy application process and flexible repayment terms make it a good option for borrowers who need fast access to cash.

5. Palmpay

PalmPay is a mobile app that offers a variety of financial services, including loans. PalmPay loans are designed to be quick and easy to get, with no paperwork or collateral required.

Loan Amounts

The amount you can borrow with a PalmPay loan depends on your creditworthiness. However, loan amounts typically range from ₦5,000 to ₦1,000,000.

Interest Rates

PalmPay loans have an interest rate of 1% to 30% per month, depending on the loan amount and the borrower’s creditworthiness.

Repayment Terms

PalmPay loans have a repayment term of 1 to 12 months. Borrowers can choose to repay their loans on a weekly, bi-weekly, or monthly basis.

A Step-by-Step on how to Applying for a Long-Term Loan

Carefully evaluate the offerings and reputation of different long-term loan apps to find the most suitable one for your needs.
Download the chosen loan app from the Google Play Store or Apple App Store and install it on your mobile device.
Create an account by providing your personal details, including your full name, phone number, email address, and residential address.
Complete the registration process by verifying your phone number and providing additional information, such as your employment status and bank account details.
Provide accurate and updated personal and financial information to ensure a smooth loan approval process.
Submit the loan application along with supporting documents, such as payslips or bank statements, if required.
The loan application will be processed and you will be notified of the decision within a specified timeframe.

Conclusion

Long-term loan apps are a convenient and accessible way to get a loan in Nigeria. These apps typically offer loans with repayment terms of 12 months or more. They are often a good option for people who need a larger amount of money or who have a poor credit history.

By carefully selecting the right loan app, maximizing the benefits, and effectively managing repayments, individuals can leverage long-term loans to enhance their financial well-being and achieve their long-term aspirations.

FAQS

Which loan apps are banned by Nigerian government?

The Federal Competition and Consumer Protection Commission (FCCPC) has delisted several loan apps from the Google Play Store for violating consumer rights and engaging in unfair practices. The banned loan apps are;

Getloan
Camelloan
Cashme
Secucash
Creditbox
Cashmama
Crimson Credit
Galaxy Credit
Ease Cash
Xcredit
Imoney
Naira Naija
Imoneyplus-Instant
Nairanaija-Instant
Nownowmoney
Naija Cash
Eagle Cash
Firstnell App
Flypay
Spark Credit
Sycamore Integrated Solutions Limited
Orange Loan
Purple Credit Limited

Is Okash banned in Nigeria?

Yes, Okash was banned by the Federal Competition and Consumer Protection Commission (FCCPC) in September 2022 for violating consumer rights and engaging in unfair practices.

Can loan app access my contact after uninstalling the app?

It is possible for a loan app to access your contacts even after you have uninstalled the app, but only if you granted the app permission to access your contacts before you uninstalled it.

Once a user grants an app permission to access their contacts, the app can store a copy of those contacts on its own servers. This means that even if you uninstall the app, the app will still have access to your contacts.

However, if you denied the app permission to access your contacts, then the app should not be able to access your contacts even after you have uninstalled it.