RED HARBOUR is licensed by the FCCPC in Nigeria
RED HARBOUR
What is it about?
RED HARBOUR is licensed by the FCCPC in Nigeria.
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App Store Description
RED HARBOUR is licensed by the FCCPC in Nigeria.
Enjoy instant financial services, such as access to personal credit, and easy, cost-effective payments.
RED HARBOUR personal credit and business loans are intended to assist entrepreneurs and individuals with their everyday needs and not to service long-term debt obligations. Maximum Annual Percentage Rate (APR) for the highest loan amount is 30%.
This is based on an interest of 0.08% per day.
Processing fee rate is 1.5% - 5%.
Representative Example:
For example, for a loan with a term of 91 days (3 months) and a total amount of ₦ 10,000 and daily interest is 0.03% of the loan amount, service fee is 2% of the loan amount.
The actual disbursed amount is ₦ 9,800 after deducting the service fee. The borrower repays once a month for a total of 3 repayments for a monthly payment of ₦ 3,950.55. The total repayment amount is ₦ 11,851.65. The total interest amount is ₦ 1,851.65.
Here’s how to sign up to RED HARBOUR:
->Download the RED HARBOUR App and register only once.
->Confirm your details with a valid ID (BVN) and an address.
-> You must be over the age of 18.
-> Complete the RED HARBOUR Score assessment.
-> Kindly note Minimum Repayment period: 91 days and Maximum Repayment period: 365 days.
Here’s how to repay:
-> Log into the RED HARBOUR App, select the 'Make a Payment' button and follow the prompts.
Beware of Fraudsters:
-> Don’t pay any deposits to any agents, RED HARBOUR is a 100% mobile app!
-> Don’t use a mobile number that does not belong to you.
-> Don’t use someone else’s BVN.
-> Don’t apply for someone else.
The privacy and confidentiality of your personal information and data is important to us. We are certified by the FCCPC.
Find out more: https://www.redharbor.shop/privacy.html
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