How can I get soft equity loan?

How can I get soft equity loan?

To access EazzyLoan from your Equitel line:

  1. Go to Equitel menu.
  2. Select My Money.
  3. Select Loans.
  4. Select Get Loan.
  5. Select Loan Type.
  6. Select Account.
  7. Enter Amount.
  8. Confirm Details.

How do I check my Equitel loan limit?

The loan is repayable within 30 days, the loan limit one is eligible for is determined by their account credit history and Equitel line usage.To check on your loan limit, go to Equitel SIM tool kit–>My Money–>Loans–>Loan Limit–>Eazzy loan after which you can go ahead and make your application.

How do I access my eazzy loan?

How to get a loan from Eazzy Banking App

  1. You can download Eazzy Banking App from the Google Play or App Store.
  2. Open the app.
  3. Go to loans.
  4. Tap the plus sign below.
  5. Click on request for a loan.
  6. Enter the amount and also the bank account to which the credit will be debited.
  7. Check your loan details.

How can I get eazzy loan from mpesa?

Hi Anthony, kindly credit the funds in your Equity Account through Mpesa by going to Mpesa > Paybill > Business Number 247247 > Enter Your Equity Account Number > Amount and PIN. Once the funds are credited to your Equity Account, go to My Money > Loans > Pay Loan on Equitel to repay the EazzyLoan facility.

How do I pay back my equity loan?

You don’t have to pay off the whole equity loan in one go. But the rules state you have to repay at least 10% of the property’s current value. For example, you could repay 10% of the property’s current value if you took out a 20% loan, or repay 10%, 20% or 30% of the property’s current value if you borrowed 40%.

How do I increase my loan limit?

7 Sure Ways To Qualify For/Increase Your Mobile Loan Limit [2021]

  1. Use mobile payments frequently.
  2. Do not delete mobile payment SMS messages.
  3. Activate your social media status.
  4. Invest in a reliable smartphone device.
  5. Earlier loan repayments.
  6. Request for a loan occasionally.
  7. Save frequently.

What happens if you dont pay eazzy loan on time?

Punctual payment of loans increase chances of higher loan limits while late payment of loans reduces loan limits. Failure to repay loans can result in user details being shared with the Credit and Reference Bureau (CRB), which could halt access to EazzyLoans.

How do I check the status of my Equitel CRB?

Equitel subscribers can now check their credit status and access reports through an SMS service from international credit bureau, TransUnion. To get started, subscribers can simply text their Name to 21272 on the Equitel line, then register for the service by paying a one-off payment of Kes.

How do I check the status of my CRB?

4. Check CRB status via USSD code

  1. Open your phone dial app.
  2. Dial *433# and tap the call icon.
  3. Make the call from your Safaricom line.
  4. Enter your valid ID.
  5. Key in the agent code as 222000.
  6. Confirm your details.
  7. Navigate to M-Pesa to make payments.
  8. Use 220388 as the Pay Bill number.

How much does Equitel line cost?

The cost of calling from the Equitel service to local networks is fixed at Ksh. 4 while that of sending text messages to other Kenyan networks is just Ksh. 1. The highlight of the Equitel service is its free money transfer service within its network.

How much equity can I get in my home after 5 years?

In the first year, nearly three-quarters of your monthly $1000 mortgage payment (plus taxes and insurance) will go toward interest payments on the loan. With that loan, after five years you’ll have paid the balance down to about $182,000 – or $18,000 in equity.

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