Fees & repayment
See the full cost
before you accept.
Our AidaCredit loan offer sets out the amount you receive, the interest, any applicable fees and your repayment dates. Review these details in the app before accepting.
Explore our cash loansManaging your repayment
Plan ahead for
your repayments.
Track your repayment information in the AidaCredit app. The published example below is for reference; your own offer can differ.
Get repayment support
Published AidaCredit loan information
Loan Information
The example below illustrates the cost of an AidaCredit cash loan. Your approved offer may differ.
- 1. Loan Amount:
- From ₦4,000 to ₦2,000,000.
- 2. Tenure:
- Repayment required from 91 days to 12 months.
- 3. Interest Rate:
- The minimum APR is 24%.
An example of AidaCredit loan app experience:
- Borrowed amount:
- ₦100,000 over 6 months
- Interest rate:
- 2% per month.
- APR:
- 24%.
- Total interest:
- ₦12,000.
- Total repayment:
- ₦112,000.
Phone-finance pricing and repayment terms are shown in the offer for the selected device, store and customer.
Understanding your loan offer
Know your costs
and commitments.
Principal
How much you receive and whether any amount is deducted before disbursement.
Cost
The interest rate, APR, any service charges and how your total repayment is calculated.
Schedule
Your repayment dates, payment methods and any terms for automatic debits or early settlement.
Help
How to contact us if you may miss a payment, a debit fails or you need to make a complaint.
Repayment questions
Know what to
do next.
Where do I find my due date?+
Check your loan information in the AidaCredit app, including the repayment schedule shown in your offer.
Can I repay early?+
Use the “Make a Repayment” button on the “My Loan” page to pay before the due date. Review your offer for any applicable terms.
What if I may miss a payment?+
Contact our support team early. Read the repayment FAQs and your own loan terms for late-payment information.