EasyBuy VIP App Review: How to Get A Quick Loan from EasyBuy
EasyBuy VIP App Review: How to Get A Quick Loan from EasyBuy: Obtaining a loan from EasyBuy VIP Cash Loan may certainly be a means out of an urgent necessity.
In this article, we will show you how to acquire a loan from EasyBuy Cash Loan without any stress. This service review will assist you in knowing all the things you can do on the EasyBuy cash loan platform.
There are several perks you may gain with EasyBuy Loan App. In case you are not aware, EasyBuy is an internet site where you can quickly purchase your preferred phone even when you do not have the whole cash for the phone. It’s unbelievable but this platform actually lets you do that.
What this essentially implies is that you may go into a recognized phone dealer shop, buy your phone and make a part payment for that phone and still take the phone home.
How to Get A Quick Loan from EasyBuy
To clear up what I just said, this is how it works. Let’s say, Mr. Adebayo wants to purchase a phone for N75,000 but only has N40,000 at that time and he needs the phone urgently.
What Mr. Adebayo will have to do in other to take the phone home after making a part-payment of N40,000 is to present his legitimate ID card, BVN, and current ATM card data.
Yes, you will have to enter these credentials, and do not worry about getting scammed since the site is completely registered in Nigeria and you may sue them in case your details are tampered with.
After you have provided these details, you will also input the contacts of your close friends or family relations to alert them of your purchase.
EasyBuy will in turn validate your data to guarantee they are accurate. When your request is accepted, Mr. Adebayo will have to make a deposit of the N40,000 he has with the phone dealer.
Note that this service comes with an interest. EasyBuy charges a 15% outstanding amount for such a purchase.
This signifies that the phone Mr. Adebayo wants to purchase a mobile phone valued at N75,000 and paid a deposit of N40,000 and the remainder of N35,000.
When EasyBuy settles the balance for you, you will pay EasyBuy 15% of N35,000 which is N5,250. So instead of purchasing the phone for N75,000, you would end up spending N80,250.
Another thing you have to be aware of with this is that you are allowed to pay the loan in 3, 4, and 6 months installments.
Also, you need to be informed that EasyBuy works with phone carriers so when you make a purchase and fail to pay within the stipulated period, your phone will be locked. I am sure you will not like to experience it.
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EasyBuy VIP App Review: How to Get A Quick Loan from EasyBuy
How to easily get a Smartphone loan from Easybuy
1. Find an Easybuy Agent
The first step here is to look for an Easybuy agent. Easybuy has partnerships and affiliations with many phone companies all over Nigeria.
As a result, Easybuy agents are available in many mobile phone stores. They all wear the official Easybuy uniform (blue branded T-shirts), which will help you can identify them easily.
2. Provide necessary details
An Easy Buy agent will brief you on the necessary requirements, just to make sure that you are eligible for the loan.
You will be asked some questions and your details will also be asked and the agent will note down your response.
3. Select the Mobile Phone you intend to buy
In any mobile phone outlet affiliated with Easybuy service, the agent works hand-in-hand with the staff.
So once you select the mobile phone you prefer and agree to the price, you will be directed back to the Easybuy agent to continue the process.
4. Sign up for the Easybuy loan
The next step is for you to sign up on the Easybuy platform. The agent will be in charge of these steps and the details that were collected earlier by the agent will be used for the loan application.
Your photograph will also be taken during the application process. In some cases, you may also be asked to speak with another agent from the Easybuy head office through a phone call.
5. Make an initial payment of at least 30%
Here, you will be asked to pay at least 30% of the phone’s price. For example, if the mobile phone costs ₦50,000, you must make an initial deposit of at least ₦15,000.
6. Set a convenient repayment term
When applying for an Easy Buy loan, you are given the option to:
Repay within 3 months
Repay within 6 months
Each of these repayment terms has a different interest rate. Be sure to confirm with the agent before making your decision.
7. Final verification
This is the last step involved in acquiring a mobile phone loan from Easy Buy in Nigeria.
You will be asked to provide the names and phone numbers of 4 people you are closely related to. These individuals:
Maybe your family members, relatives, friends, employer, or coworker
Are to vouch that you are a responsible individual.
Will be contacted if you digress on your repayment agreement.
Here is a tip: You should inform the people whose details you will be given before applying for the loan and tell them to put in a good word for you.
And after applying for the Easybuy loan, make sure to by all means repay the loan on the due date. Failure to do so may lead to embarrassment, as the loan company will immediately contact those four persons to notify them of your inaction.
EasyBuy VIP Cash Loan
EasyBuy does not just enable you to purchase your preferred phone with simplicity. They also aid you with swift VIP cash loans.
This EasyBuy VIP Cash Loan is only offered to individuals who have successfully acquired a phone via EasyBuy and have also finished his/her loan in due time.
EasyBuy does not have a website, they solely make use of their mobile App which is readily available in your app store.
With the app, you will have an opportunity to receive a cash loan of N10,000 to N50,000. The EasyBuy VIP Cash Loan may also be paid back in 3, 4 and 6 months payments.
If you are seeking for a fast loan for an urgent requirement today, fret no more as EasyBuy VIP Cash Loan have you covered.
All you have to do is walk into any phone dealer outlet, make a purchase of your selected phone, pay 50% for the phone then pick a repayment plan that will work best for you.