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- Fairmoney Loan App Review
- Features of Fairmoney Loan
- How to Qualify For Fairmoney Loan
- How To Register On Loan App
- How To Claim Your Free N1500 Registration Bonus On Fairmoney Loan App
- How To Repay Your Fairmoney Loan
- How To Benefit From The Fairmoney Referral Bonus Promo
- Fairmoney Referral Bonus Promo – Conclusion
Have you ever imagined that you can turn loan apps to a money making platform?
BravoTechArena is bringing to your door step the latest way of earning as much as 50,000 naira in just 10 days from the Fairmoney Referral Bonus Promo.
Fairmoney loan app is rewarding free N5000 per successful referral. We all know how referrals work but in this case the refered customer earns as much as N1500 after completing a registration whereas the referrer earns as much as N5000 per customer.
In this article, we are going to discuss and explain all you should know about fairmoney referral program, how to make money with fairmoney referral bonus code.
It is important to note that we are not writing this article to promote taking loans from this fairmoney loan app rather we are turning the tide to your benefit.
In a way that you will only earn without having to pay any interest for tha loans.
Fairmoney Loan App Review
Fairmoney is a popular loan app in Nigeria which provides users with an easy and straight forward way of borrowing money. The lend money to qualified customers with little or no interest and also without requiring any collateral.
Fairmoney just as many other online transaction platforms not only provides loans to members, but also allows them to purchase Airtime or data, pay for cable TV subscriptions and other functionalities, etc.
Features of Fairmoney Loan
- Fairmoney loan amounts ranges from N1500 to N1 million.
- Repay duration of 61 days to 18 months.
- Early repays qualify for interest discounts of up to 90%
- There are no hidden costs.
- APR ranging from 30% to 260% per year.
How to Qualify For Fairmoney Loan
Well to be able to borrow money from fairmoney loan app, you have to meet up with some criteria which I’m going to list out below.
- You must be a Nigerian or Kenyan.
- You must have a valid residential address
- You have to be at least 20 years old.
- In order to qualify for subsequent loans you must maintain a good credit score
- You will be required to provide your BVN during registration
- Your registration details must match with the one on your BVN.
How To Register On Loan App
Now comes the most awaited part which is how to register and earn. It is a very process to register on fairmoney loan app and process the free bonus program.
- Firstly, you have to download the Latest Fairmoney Loan App. (Download Here).
- Install and Launch the fairmoney app, click on Sign Up to register an account.
- Provide your phone number and use 8L6WR for referral code. We both earn bonus for this, verify your number with the OTP you will get.
- In the next page, you need to provide your BVN. It is this BVN that will prove you are real or fake.
- Next you will be told to fill a form with your correct information, go ahead with it.
- The very next thing is to take a little loan which will get you your free registration bonus and allow you to benefit from fairmoney referral bonus
- Follow the process below to take your loan without interest.
How To Claim Your Free N1500 Registration Bonus On Fairmoney Loan App
Follow this simple steps to get your free registration bonus.
- Launch the Fairmoney loan app,
- Click on Get Loan. You will be told to provide your personal details, go ahead with it.
- On the next section, choose NYSC as your Professional Status.
- For education select Graduate.
- Enter 29 as your pay day and N40,000 for salary.
- Finally, you will be shown list of loans to apply for, choose any amount.
- Click on apply.
- #NOTE : Simply apply for any amount and select 2 weeks (0%) term. By selecting 2 weeks (0%), you won’t get any interest on the loan you applied for, so just repay the loan immediately you receive the loan money.
- Just immediately you do this, your registration is completed and in maximum of 7 days, you will receive your free N1500 bonus.
How To Repay Your Fairmoney Loan
- After you have received your required loan and have used it for the purpose for which you obtained it, it is time to repay the loan.
- Tap on the repay option to be redirected to where you will repay your loan.
- Select the most convenient method for you from the list of repayment methods and follow the prompts to complete your loan repayment.
- The sooner you repay your loan, the easier it will be to obtain a large loan.
How To Benefit From The Fairmoney Referral Bonus Promo
To start earning your N5000 from the fairmoney referral bonus program which entails how to get your referral code on fairmoney and guarantee you to earn free money, the logic is pretty simple.
Follow the steps below;
- Login to the fairmoney app
- Tap on profile just below the app.
- Click on Invite Friends, you will then be provided with your personal referral link.
- Copy it and share with your family and friends.
- You can also share directly to Whatsapp, SMS or Facebook from there.
- You will get N5000 bonus once your referral repays their loan.
- The juice is that apart from the original N500 per referral you will get an additional N5000 cash bonus per referral.
Fairmoney Referral Bonus Promo – Conclusion
Fairmoney loan app is currently running a promo that allows you to get N1,500 Cashback as a registration bonus and an additional N5,000 Cashback per referral as of the publication of this article.
As long as this promo is ongoing, you will receive an additional N5,000 bonus per referral in addition to the standard N500 referral bonus, and your referral will receive N1,500 for free simply by registering and taking a loan on the app.
Yes of course, Fairmoney loan app is 100% legit!. You will get their proposed loan within 12 hours of applying for it. Like wise, FairMoney, the quick loan app, is now licensed and regulated as FairMoney MicroFinance Bank by the Central Bank of Nigeria (CBN).
Your referral must apply for a loan in order to receive your Cashback. If your referral is approved for a loan, you will receive the N500 bonus right away, and the 5000 naira Cashback bonus will be credited to your fairmoney wallet balance within 7 days.
This Fairmoney referral bonus promo will end on April 30, 2022.
All processes will return to normal, which means that the N1500 referral bonus and N5000 Cashback will stop but the normal N500 referral bonus will continue.