Frequently Asked Questions
✓. How to apply for Fahevecredit loan?
Click here and send Hi to us on the WhatsApp page you will receive response,then just read, understand and follow the online instructions
✓ I have a complaint or feedback, how do I contact you?
Our customer service hotline (07035351480) is available every Monday to Sunday 24/7. Our customer service email : FaheveCredit@gmail.com is available every Monday to Sunday - 24/7. You can also reach out through our social media platforms from every Monday - Sunday.
✓. How much can I borrow and for how long?
FAHEVE CREDIT offers loans from N5000 to N500,000 for a period of one to twelve months. But a new applicant is entitled to N5000 to N50,000 for first time application for a period of one to three months.
✓. What is the interest rate?
The interest rate is 10% per month on reducing balance method.
✓. Can I access Fahevecredit from anywhere in Nigeria?
Yes
✓. Can anyone apply for Fahevecredit loan
Yes, but he/she must be a civil or public servant in any of the approved state with valid state computer number.
✓. What makes Fahevecredit different from other lenders?
- Speed of delivery – You can get a loan instantly in 10 Minutes, from anywhere in Nigeria
Flexibility – You can adjust your repayment plan or date by paying the adjustment fee and the month estimated interest only through a loan adjustment request letter on the platform
-
No hidden charges – Our interest charges are all-inclusive, ensuring transparency
- The customer is to pay directly to our account or transfer within the stipulated time/date
✓. Do I need documents or a collateral?
No document, no collateral!
You will only need to submit application online and write a loan request letter also to be submitted online using your employment details as address only.
✓. Can FAHEVECREDIT Pay to another person account on my behalf.
No, we can only pay to your government job salary account as a new applicant, but subsequently to your alternative account bearing same name with the salary account for reqular applicant
✓. Do I need my BVN and ATM details to apply for the loan
No, all you need is your salary account, state computer or file number, ministry or agency staff number, valid identity card, active phone number,
✓. Can I get another loan immediately?
As soon as your previous loan repayment is confirmed, you can reapply immediately and get another loan in seconds!
✓. Can I get a top up while am still on loan.
Yes, after two or three instalment repayment of your current loan
✓. What happens if I don't pay back?
- We are humans and understand that unexpected and unforeseen situations may occur.
However, you should take a loan only if you have the capacity to repay it to avoid:
-
Late fees (1% per day late)
- Report to your Employer
-
Report to national credit bureaus – you will not be able to access loans from any company in the future
- Suspension of your salary account
- Automatic debit on your salary bank account from the source
✓. How do I PAYBACK my loan ?
You are to pay directly to our account through any of the legal means of payment. USSD, mobile transfer, online transfer, POS, ATM transfer, or direct on counter deposit
but make sure you notify us immediately you make payment or better still send us the picture of the payment teller either paper teller or electronic generated teller.
FAHEVE CONSULT
FIRST BANK LTD
2034372232