The Consumer Price Index in Nigeria stood at 372.5 in March 2021, recording a 18.17% increase when compared with March 2020. This means that inflation has been constantly increasing in the last months, and there is no clear sight of it slowing down anytime soon.
Foreign exchange has also seen an all time high of up to NGN490 exchanging for a US dollar, affecting the prices of virtually everything that directly or indirectly depends on any form of foreign input for production or distribution.
This economic downturn is being felt by everyone, the prices of virtually everything from food and other basic amenities to luxuries have surged.
Hard times like this can quickly put your finances under serious strain, putting you in a tight condition of trying to keep your savings and investments (for those that have one) secure for the unforeseen future, while meeting the growing needs of everyday expense.
Salaries are hardly enough to meet up with the rising cost of daily living, let alone sponsor those projects and goals you had planned for the year.
To navigate these times, it becomes pertinent to have a solid financial backup system that can support you to cushion the effects of these unprecedented hike in prices, a system that can help you stay confident, undistracted and pursue your dream.
But how do you find a dependable financial services provider that is innovative to suit your dynamic financial needs, responds quickly to meet the urgencies that your financial needs demand – all at your convenience?
Looking at the current economic challenges that Nigerians face daily, Page Financials shines a glimpse of hope haven refreshed her rich financial services delivery to private sector employees and extended her loan services to public sector employees.
With Page Financials, you can now get a loan of up to N5 Million in a day whether you are working in the private or public sector with the Federal Government. This money can be used to take care of your immediate needs and you have up to 12 months to repay.
Page customers can access loans of up to N5 Million as long as you have been actively employed for up to 6 months – for private sector employees, and up to 3 months for Federal civil servants.
How To Apply For a Quick Loan With Page
Applying for a Page Loan is super easy, everything happens online and you don’t need to visit their office.
The application process is in stages, at each stage, you’ll supply relevant information that helps make a decision to approve your loan.
(See requirements for each category below)
You can upload all the documents online while filling the form so you do not have to worry about carrying files from one office(er) to another.
The first stage you will encounter while filling the application form is the BVN and IPPIS verification phase. You will be required to provide these details to help us to verify your identity and financial standing.
Loan Requirements for Private Sector Employees
To be considered eligible for a loan as a private sector employee, it is required that:
- You earn a monthly salary (minimum 150k monthly)
- You have up to 6-months’ salary account statement
- You live/work in Lagos or Ibadan (bankers nationwide can apply)
- You have a valid work ID from where you work or evidence of employment or promotion
- You have a BVN that is actively connected to your working mobile number
Some of the items above will be retrieved automatically when you begin the application, it usually takes customers less than 3 minutes to complete the application if they have the requirements ready.
To apply as a private sector employee click here
Loan Requirements for Public Sector Employees
To be considered eligible for a loan as a Federal Government Civil Servant, it is required that:
- You have your work ID
- You have a valid Government-issued ID
- You have at least 3 months’ payslips
- You will present a signed letter of authority to debit (the letter is available for download on our website)