Salary and Payday Loans in Nigeria

Salary and payday loans provide short-term financial assistance to employed individuals facing urgent expenses.

How Salary Loans Work

These loans are typically repaid through salary deductions or direct debit arrangements.

Eligibility Criteria

Applicants must be salaried employees with verifiable income and bank accounts.

Risks and Considerations

High interest rates and short repayment periods require careful financial planning.

Conclusion

Salary and payday loans can be useful when used responsibly and sparingly.