Upper loan 1.0.6

Upper Loan: A Comprehensive Review

Why Consider Upper Loan?

• High Loan Amount:
  • Approval for loans up to 100,000 Cedis
  • Credit limits increase gradually with timely repayments
• Streamlined Application Process:
  • Application requires only a valid government-issued ID, with no collateral needed
  • The entire process is conducted online, ensuring convenience
• Competitive Interest Rates:
  • Borrow 1,000 Cedis for as low as 2.9 Cedis per day, inclusive of fees
  • No hidden fees, with the total amount received upfront
• Quick Fund Disbursement:
  • Funds are made available within minutes after approval
  • Money is transferred directly to the borrower's bank account

Product Specifications

• Loan Information:
  • Credit limit: ￠500 - ￠100,000
  • Loan term: 91 days - 180 days
  • Service fee: 0% - 16%
  • Maximum APR: 36%
• Example Calculation:

• A loan of ￠10,000 over 91 days demonstrates the following:

• • Principal: ￠10,000
  • Term: 91 days (approximately 3 months)
  • Interest rate: 12.99%
  • Service fee: 1% (￠100)
  • Interest charge: ￠323.86
  • Total repayment amount: ￠10,423.86

Application Process Steps:

1. Create an account using a valid mobile number.
2. Fill out the online loan application form.
3. Receive approval quickly (within approximately 5 minutes).
4. Funds are disbursed instantly to your chosen payout method.

About Upper Loan

Upper Loan is operated by SIPAN FINANCE NIGERIA LIMITED, a fintech company committed to:

• Developing accessible financial products that are both simple and effective.
• Offering affordable financial services for a diverse clientele.
• Simplifying credit and investment options for greater accessibility.

Contact Information:

• Company Name: SIPAN FINANCE NIGERIA LIMITED
• Email: [email protected]
• Website: upperloan.ph
• Office Hours: Monday-Friday, 9 AM - 6 PM
• Address: Obafemi Awolowo Way, Lagos, Ikeja, Lagos State