PressPayNg EduLOAN & How It Works!
PressPayNg EduLOANS is one of the product’s leg designed specifically to assist students in tertiary institutions across Nigeria and also help parents/guardians get loans for their children/wards in private primary and secondary school.
To access EduSAVINGS/EduLOANS all you need to do is follow 10 easy steps below:
- Download the PressPayNg App from the Android or iOS playstore.
- Register on the App
- We carryout the Know Your Customer(KYC) process and verify your application information.
- We credit you 50% tuition loan
- Commence a savings plan of the other 50% of your tuition(Savings Plan 1– 1month Savings for the 50% of your tuition; Savings Plan 2– 2months Savings for the 50% of your tuition; Savings Plan 3– 3months Savings for the 50% of your tuition).
- PressPayNg will aggregate our 50% and your 50% at the end of your savings plan.
- We credit your school directly with the tuition.
- You have 1-month moratorium to pay your loan.
- You commence a 3month repayment plan for the 50% tuition loan (plus interest) from PressPayNg.
- With good credit score, you can access this co-funding plan every academic year.
Onboard the PressPayNg App today and enjoy Education Savings/Loans and several other benefits.