Irorun loan requirements shows that You will also need to add a debit card when applying for the loan. This card will be linked to your account for repayment. Make sure the debit card is valid and active, as it will be used for loan repayment when due
Introduction
Irorun is an instant loan app that helps people get money quickly when they need it. The app is offered by Irorun Technologies Limited and is licensed by the Oyo State Government in Nigeria to give loans.
One of the best things about Irorun is its simple and flat interest rate. Every time you borrow money, you only pay N1,000 extra on top of the amount you borrow.
For example, if you take a loan of N5,000, you will repay N6,000. This N1,000 flat rate does not change, so you always know how much you will pay back. This makes it easy for people to understand how much the loan will cost.
Another great feature of them is that you don’t need to have a job to get a loan. As long as you have a valid way to make money, you can apply.
This makes them a good option for people who are self-employed, do freelance work, or have other sources of income. The app is flexible and helps people who might not be able to get loans from regular banks.
Getting a loan through Irorun is very simple. First, you download the app on your phone. Then, you create an account and enter your personal details.
After that, you can apply for a loan. Once your loan is approved, the money is sent to your bank account quickly, so you can use it for whatever you need.
it is designed to make borrowing money easy and fast. The process is smooth, and there is no need for long paperwork or waiting for a long time. Whether you need money for an emergency, to pay bills, or for personal expenses, they can help.
In short, it is a good choice for people who need a small loan quickly. The interest rate is simple, and you don’t need to have a job to qualify.
With easy steps to apply and fast approval, Irorun is a helpful app for Nigerians who need quick financial support.
History and overview
Irorun is a loan company that started in 2024. The company is led by CEO Adewale and is located in Ogun State, Nigeria. Irorun helps people get money quickly through its loan app.
The main goal of the company is to make borrowing easy and fast for people who need financial support.
When you use the Irorun app, you can apply for a loan and get the money fast if approved. Before taking the loan, you must agree to the terms and conditions.
These terms explain how much you will pay back, including the loan amount (called the principal) and any interest added to it. You need to follow these terms to repay the loan properly.
they also has special rights to protect the company. For example, it can combine or join your different accounts with them, even without telling you.
If you have money in one of these accounts, Irorun can use that money to help repay your loan if needed. This helps the company make sure that borrowers pay back what they owe.
Irorun’s loan process is simple and clear. People who need money can easily use the app to borrow and understand how to repay the loan. The company offers fast loans with easy steps and clear rules, making it a good option for many Nigerians.
With Adewale as the CEO, they continues to provide quick loans while making sure borrowers understand their responsibilities. The company helps people by offering fair and simple loans when they need financial support
Requirements
Next of kin
When you provide your next of kin, you need to give the name and contact information of a family member or someone you trust.
This person will be contacted if the loan company cannot reach you. Your next of kin is not responsible for paying your loan, but they serve as an emergency contact.
You will need to provide their full name, relationship to you (for example, mother, brother, or friend), and their phone number. This helps the company have another way to contact someone if needed.
Government ID
When applying for the loan, you must also add a government-issued ID. This is important for verifying your identity. You can use an ID like a national ID card, driver’s license, or passport. Make sure the ID is valid and clear, as it helps confirm who you are during the loan process.
Debit card
You will also need to add a debit card when applying for the loan. This card will be linked to your account for repayment. Make sure the debit card is valid and active, as it will be used for loan repayment when due. This ensures a smooth and easy process for paying back the loan.
Access to site
You need to download the app or sign up on the web app to apply for the loan. The app or website will guide you through the process, allowing you to fill out your details and submit your application. This step is necessary to get started with your loan request