Arvofinance: Fast Unsecured Loans 4.1.8
Free Version
Publisher Description
Arvo a trading name of Oliver Mead investment Ltd is a fintech solution that provides fast unsecured loans with a simple application process; Arvo aims to bridge the gap between commercial banks and the underbanked Nigerians, offering inclusive consumer finance. Our access to the most efficient technology enables us to guarantee a 24 hour disbursement service to customers.
Loans from the range of 1,000 to 1,000,000
Loan Features
Minimum repayment periods: 2 months
Maximum repayment periods: 6 months
Monthly interest rate: 6-25%
Processing fee rate: 0-2%
Maximum representative APR (Annual Percentage Rate): 72-324%
APR is influence by your credit score with us.
Arvofinance Example Calculation:
Loan amount: ₦50,000
Tenor: 3 months
Interest rate: 6%
Processing fee: 2% x ₦50,000 = ₦1,000 (For FastCash users processing fees is 0%)
Credit amount: ₦50,000 - ₦1,000 = ₦4,9000
Interest Repayment: 6% x ₦50000 = ₦3000
Capital Repayment: ₦50000/ 3 months = ₦8333.33
Monthly Repayment: ₦8,333.33 + ₦3000 = ₦11,333.33
Total Repayment: ₦11,333.33 x 3 months = ₦67,999.98
What you need to do?
- Register
- Apply for your desired loan
- Accept the Loan offer
- Disbursement into your bank account
- Receive higher loan limit and lower loan repayments after each complete repayment
Why Arvo?
- No hidden charges;
- No collateral needed;
- You can borrow up to 1,000,000;
- You can choose your payment tenure;
- It is fast, secure, reliable and easy to use;
- We use artificial intelligence algorithms to run credit scoring;
- We provide an instant credit decision;
- We are available 24 hours, every day of the week.
Eligibility
- Nigerian Resident
- Above 22 years old
About Arvofinance: Fast Unsecured Loans
Arvofinance: Fast Unsecured Loans is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Arvofinance: Fast Unsecured Loans is Arvofinance. The latest version released by its developer is 4.1.8.
To install Arvofinance: Fast Unsecured Loans on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2021-06-18 and was downloaded 214 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Arvofinance: Fast Unsecured Loans as malware as malware if the download link to com.arvofinance.arvofinance is broken.
How to install Arvofinance: Fast Unsecured Loans on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Arvofinance: Fast Unsecured Loans is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Arvofinance: Fast Unsecured Loans will be shown. Click on Accept to continue the process.
- Arvofinance: Fast Unsecured Loans will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
