About Arvofinance: Fast Unsecured Loans
Arvo a trading name of Oliver Mead investment Ltd is a fintech solution that provides fast unsecured loans with a simple application process; Arvo aims to bridge the gap between commercial banks and the underbanked...
Arvo a trading name of Oliver Mead investment Ltd is a fintech solution that provides fast unsecured loans with a simple application process; Arvo aims to bridge the gap between commercial banks and the underbanked Nigerians, offering inclusive consumer finance. Our access to the most efficient technology enables us to guarantee a 24 hour disbursement service to customers.
Loans from the range of 1,000 to 1,000,000
Loan Features
Minimum repayment periods: 2 months
Maximum repayment periods: 6 months
Monthly interest rate: 6-25%
Processing fee rate: 0-2%
Maximum representative APR (Annual Percentage Rate): 72-324%
APR is influence by your credit score with us.
Arvofinance Example Calculation:
Loan amount: ₦50,000
Tenor: 3 months
Interest rate: 6%
Processing fee: 2% x ₦50,000 = ₦1,000 (For FastCash users processing fees is 0%)
Credit amount: ₦50,000 - ₦1,000 = ₦4,9000
Interest Repayment: 6% x ₦50000 = ₦3000
Capital Repayment: ₦50000/ 3 months = ₦8333.33
Monthly Repayment: ₦8,333.33 + ₦3000 = ₦11,333.33
Total Repayment: ₦11,333.33 x 3 months = ₦67,999.98
What you need to do?
- Register
- Apply for your desired loan
- Accept the Loan offer
- Disbursement into your bank account
- Receive higher loan limit and lower loan repayments after each complete repayment
Why Arvo?
- No hidden charges;
- No collateral needed;
- You can borrow up to 1,000,000;
- You can choose your payment tenure;
- It is fast, secure, reliable and easy to use;
- We use artificial intelligence algorithms to run credit scoring;
- We provide an instant credit decision;
- We are available 24 hours, every day of the week.
Eligibility
- Nigerian Resident
- Above 22 years old
Previous Versions
Here you can find the changelog of Arvofinance: Fast Unsecured Loans since it was posted on our website on 2020-10-30 12:41:28.
The latest version is 4.1.8 and it was updated on 2024-04-19 22:21:08. See below the changes in each version.
Arvofinance: Fast Unsecured Loans version 4.1.8
Updated At: 2021-06-18
Changes: Simplified the loan acquisition process. Better and cleaner UI for users.
Permissions: You need to grant the application permission to read your Contacts, and Camera/Library before you can request a loan.
We do a N30 refund on all card tokenisation and this could take up to 24 hours
Arvofinance: Fast Unsecured Loans version 4.0.31
Updated At: 2021-04-30
Changes: UPDATE: Fixed bug associated with Diamond Bank code.
Simplified the loan acquisition process. Better and cleaner UI for users.
Permissions: You need to grant the application permission to read your Contacts, and Camera/Library before you can request a loan.
We do a N30 refund on all card tokenisation and this could take up to 24 hours
Disclaimer
Official Google Play Link
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The Google Play link for Arvofinance: Fast Unsecured Loans is provided to you by apps112.com without any warranties, representations or guarantees of any kind, so access it at your own risk.
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