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POCKETFUEL FINANCE LIMITED is a company legally registered in Nigeria and completed its registration in Federal Competition & Consumer Protection Commission (FCCPC) in 2023

POCKETFUEL

by POCKETFUEL FINANCE LIMITED

What is it about?

POCKETFUEL FINANCE LIMITED is a company legally registered in Nigeria and completed its registration in Federal Competition & Consumer Protection Commission (FCCPC) in 2023. In accordance with the requirements of the Limited Interim Regulatory Framework and Guidelines for Digital Lending 2022, Pocketfuel Finance Limited is eligible to provide digital loan services to citizens in Nigeria based on Internet channels.

App Details

Version
1.1
Rating
(31)
Size
18Mb
Genre
Finance
Last updated
August 16, 2024
Release date
August 14, 2024
More info

App Store Description

POCKETFUEL FINANCE LIMITED is a company legally registered in Nigeria and completed its registration in Federal Competition & Consumer Protection Commission (FCCPC) in 2023. In accordance with the requirements of the Limited Interim Regulatory Framework and Guidelines for Digital Lending 2022, Pocketfuel Finance Limited is eligible to provide digital loan services to citizens in Nigeria based on Internet channels.

Experience hassle-free borrowing with POCKETFUEL - your financial partner for quick, secure, and convenient loans.

Why choose POCKETFUEL?
· Loan amount: min ₦1,000 to max ₦90,000
· Period: 91 to 365 days
· Interest rate: max 0.09% per day
· Handling rate: 2%-6% of the loan amount

Our Unique Benefits:
· Rapid approvals (within 30 minutes)
· Various loan duration options
· Clear pricing without hidden fees
· Flexible repayment schedules
· Simplified process - no collateral or paperwork required
· Strong data protection measures
· 24/7 availability

For example:
If you choose a loan limit of ₦ 1,000 with a period of 180 days, the daily interest rate is 0.09%.
The loan amount paid will be net of transaction fees: ₦ 1,000*2%=₦ 20
The total interest must be paid: ₦ 1,000* 0.09% * 180= ₦ 162
Monthly interest shall be paid: ₦ 1,000 * 0.09% * 30 = ₦ 27
Monthly repayment bill including principle and interest shall be paid: ₦ 1,000/6 + ₦ 27 = ₦ 193
Total repayment bill including principle and interest shall be paid: ₦ 1,000+ ₦ 162 = ₦ 1,162

Simple Application Process:
· Download POCKETFUEL from your app store
· Verify your phone number
· Provide required personal information
· Select loan amount and term
· Receive funds quickly

Eligibility:
· Open to Nigerian citizens
· Age requirement: 18-60 years
· Complete the risk assessment

Need assistance?
Reach out to our customer support team: po-service@pocketfuel-ng.cc

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