FlexFund: A Flexible Financial Solution
FlexFund is a free finance application available on Android platforms, developed by Fewchore Finance Company Limited. It aims to provide financial services to individuals in urgent need, offering credit loans with a simple application process and instant disbursement, without the need for collateral or hidden fees.
The loan profile of FlexFund ranges from ₦1,000 to ₦120,000 with terms from 91–180 days. The interest rate ranges from 6%-12%, with an equivalent monthly interest of 2%-4% and APR of 24%-48%. Overdue interest is charged at 2%-5% per day. For instance, if you borrow ₦5,000 for a 91-day repayment period at an interest rate of 4% per month, you will be charged ₦600 as interest. The total amount of repayment will be ₦5,600.
The loan application process is simple and straightforward. All you need to do is download and sign up on FlexFund, fill up the loan application form, and receive the loan directly to your bank account in seconds. FlexFund offers no collateral, no hidden fees, and instant disbursement, making it an excellent financial solution for Nigerians in urgent need.