Portable Loan

Portable Loan is a convinient online personal loan application and provides online loan service.
Excluded: unemployment loans,Mortgages loans, under age loans.
The maximum loan limit is ₦900,000.
Loan principal: ₦100,000 ~ ₦900,000.
Loan period: The shortest term is 100 days and the longest term is 365 days.
Maximum Annual Percentage Rate (APR): 24% includes interest rate plus fees and all applicable fees for a year
Age requirement is between 25 to 45 years old.

For example: including all applicable fees
Loan principal: ₦240,000.
Loan period: 365 days(12 months).
Annual Percentage Rate: 10%
If the loan amount is ₦240,000, the term is 365 days. The 10% APR will be calculated as follows:
₦240,000 x 100%=₦24,000
After 365 days, the total repayment amount is ₦264,000.
Monthly principal repayment amount is ₦240,000 / 12 = ₦20,000
Monthly all applicable fees repayment is ₦24,000/12 = ₦2,000
Monthly total repayment is ₦20,000 + ₦2,000 = ₦22,000

Loan requests:
1. Citizens live in Nigeria.
2. Older than 25 years old
3. Applied a Nigerian bank account
4. Good credit record in Nigeria

http://admin.portable-loan.com/privacy/?n=Portable%20Loan