If you choose a 6-month loan and borrow NGN100,000,Plamcredit charges an interest rate of 4% per month. Borrow NGN interest rate:24% and the APR is 48%.180 days repayments of NGN24,000.Total amount payment is NGN124,000. This is a Loan Example of a mobile loan app in Nigeria called PalmCredit. We started with its loan example because […]