Terms and Conditions
RexCredit Limited agrees to make available the loan amount shown on the terms set out in this agreement. Interest rate: 3.99% per month fixed for the period of the loan. Repayment will be deducted directly from your salary. A default fee of 7% of outstanding principal applies on any missed repayment. Pre-liquidation penalty: 5% flat on amount to be liquidated plus accrued interest. By submitting this application you confirm that all information provided is true, complete, and accurate, and you authorise Rex to make any enquiry necessary to evaluate your application. Disbursement is subject to availability of funds and CBN Regulations.