Renaissance Credit Now Offering Soft Loans in 24 Hours
Kunle Binuyo
Renaissance Credit Nigeria has said it has started offering Nigerians soft unsecured loans between N50,000 and N500,000 within 24 hours of application. The requirements for loan grants include bank statement, means of identification, employment letter or proof of business.
The company explained that it remains committed to making consumer loans more accessible to middle and low income class, which influenced the idea to offer unsecured loans between N50,000 and N500,000 within a short period and requiring minimal documentation from customers to apply for loans. Renaissance Credit has also gone a step further to simplify this process by disbursing directly into the customer’s preferred bank account.
It opened a new branch on Broad Street, Lagos, growing its branches to four, including those in Opebi, Ikeja; Awolowo Road, Ikoyi; Kings Plaza, Surulere. The company has also partnered with Airtel and Dealdey to offer point of sale loans for certain goods.