How to Apply for Zedvance Loan in Nigeria (2021)


Getting loans is very essential especially at the point of getting one’s needs settled and that is why we’ll be recommending the best loan platform for you to borrow from. This platform is called Zedvance but before we explain that, you need to have a better understanding of loans.

What are personal loans?

Personal loans are that kind of loan a thing that has a specific date for repayment. You could easily get a personal loan from the bank close to you. Some credit unions also give out personal loans, even online lenders could help you out with any kind of money you want, be it small or large amount.

There are some online lenders that will allow you borrow as low as $1000 or as much as hundred thousand dollars.

Personal loan is a type of financial product that is very versatile. When You get this loan, it’s purposes are very limitless meaning that you can do anything you want with the money. Personal loans have some level of flexibility in what you can do with it which means that a difference from individual to an individual are some common uses of this kind of loan.

Here are the common uses of personal loan:

Pay off high-interest debt

The repayment of high-interest loans is one of the most important factors of getting a personal loan.

This is because most times the interest accrued on a personal loan is very low compared to the interest rate that is on a personal loan, credit loans, or other types of consumer loans.

So it’s easier to use the proceeds from the personal loan to repay your other interest loans.

That way paying off debt is more affordable.

Using a personal loan simplifies the process for you and instead of owing multiple creditors and online lenders you now owe a single loan. this single loan is one that you will easily process at the end of the month.

However to make sure the consolidation and reduction in interest rates is worth your time you have to make sure you qualify for getting a personal loan.

Maintain your home

Making repairs when necessary and renovating your home is very essential because this is a good means of investment. this is very important because it helps preserve and increase the property value of the house. Good loan acquired can also help upgrade your house and make it more comfortable to live in.

The cost of the upgrade is most times very expensive and that is why you could barely pay cash to do that. You probably should consider getting a home equity loan but this has criteria to qualify which means you need to have enough equity in your home.

Home equity loan is a very big deal, the reason being that it is risky that you might even have to sell your home if you don’t meet up with the payment of the loan. You may also risk foreclosure if you cannot pay off your loan on time. Putting your home on the line due to some loan might not really be worth it. well, if you feel you could risk it, fine go for it.

That is probably why you might need a personal loan because it’s an alternative source of funding that is very beneficial and lacks the bad sides that the home equity loan has.

Personal loans are not secured meaning there might be no collateral involved in getting them and that is why it is the best loan I recommend for you. Even if the personal loan you are going for needs to be secured you won’t be using a house, it will only need a bank or investment details.

Your personal loan that has an interest rate which may be higher than your home equity loan however you might still prefer it than putting your home at a big risk where you tend to lose it all.

Payment of medical bills

Securing a loan that should be needed for Medicare payment is very necessary and this is what a personal loan might help you get through. A personal loan helps you get money with which to offset a medical bill easily.

While it’s important you to seek particular loans that are for settlement of medical bills it is also essential that you make use of personal loans as its being used to pay off any medical bill or better still medical debt.

It’s easier to get the funding for a personal loan most times in a week or less and you could easily use it for emergency payment for treatments.

Payment of big purchases

Making Big purchases could be regularly or once in a while depending on your budget. This payment is not a payment you’d want to do with cash, you would prefer using a credit card that’s why you’d need a personal loan.

There are many outlets out there that give out loans to both individuals businesses and all that.

There are also additional banks that offer loans with very high-interest rates with much paperwork which involves several requirements including getting a collateral or guarantor. That age is well behind us right now as we have popular fintech companies or online lending platforms where you could easily get your loan effectively without stressful processes.

These fintech companies offer loans through USSD platforms which are in partnership with banks and technology companies.

Having established this, let’s look at one of the most popular fintech online lending platform called Zedvance and how to get a loan from the company.

About Zedvance

Zedvance is a popular online lending platform that is duly registered and regulated. it applies risk-based pricing to determine the repayment of loans.

How to apply for loan from Zedvance

To get a loan from Zedvance as you need to be between the ages of 22 to 55 years,
You must be in paid employment and
You must have an active salary account.

  • Go to
  • click menu and select apply
  • Sign up if you haven’t or sign in if you’re already a member.
  • You can get a loan by reaching Zee on WhatsApp with 09060003933 or Call on 07001001000.

You can also or pay a visit to their office located at 177A, Ligali Ayorinde Street, Victoria Island, Lagos.

You will surely get the loan you seek on this online lending platform.


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