MoneyPal: Instant loans online

MoneyPal is a retail lending app owned and operated by Zedvance Finance Limited that offers collateral-free loans of up to N5million with no hidden charges. With MoneyPal, you can quickly and easily access loans ranging from N1,500 to N5,000,000.
At Zedvance, we are committed to providing our customers with transparent and fair lending services. Our loans are designed to help you achieve your financial goals and are tailored to your specific needs. With MoneyPal, you can access collateral-free loans quickly and easily, without any paperwork or collateral.

LOAN AMOUNTS, INTEREST RATES, AND REPAYMENT PERIOD:
The MoneyPal app offers loans ranging from a minimum of N1,500 to a maximum of N5,000,000 with daily interest rates ranging from 0.5% to 1.4% for lower ticket loans and monthly interest of 3-4% for higher ticket loans (150,000 to 5,000,000). The minimum repayment period is 61 days, and the maximum repayment period is 365 days. The maximum Annual Percentage Rate (APR), which includes interest rate plus fees and other costs for a year for lower ticket loans (1,500 to 100,000) is 365% and for higher ticket loans (150,000 to 5,000,000) is 57.24%

Example:
MoneyPal loan of N100,000 for 3 months
Interest: (0.5% daily * 90 days) = N45,000
Total payable amount: N100,000 + N45,000 = N145,000
Number of installments = 3
Repayment per instalment: N145,000/3 = N48,333.33

Note: The representative example above includes the principal, interest, and all applicable fees. Actual loan amounts, interest rates, and repayment periods may vary based on the borrower's creditworthiness, income, and other factors.

PRIVACY POLICY AND DATA PERMISSIONS
Zedvance Finance Limited, the owner and operator of the MoneyPal app, is committed to protecting your privacy and ensuring the security of your personal information. To provide you with the best services and improve security, the MoneyPal app requires access to your location. However, we do not require access to your photos or contact list.
Zedvance may obtain information about you from third-party financial services to determine your eligibility for our loans. We store your personally identifiable information (PII) with topmost security and are NDPR compliant with approval from 2022. Our complete privacy policy is available at https://zedvance.com/privacy-policy.

GETTING STARTED
To get started, simply download the app, create an account using the phone number linked to your BVN, and apply for your preferred loan amount. Our loan application process is simple and straightforward, and you can get approval within minutes. Download MoneyPal today and experience the convenience of accessing loans on the go!"