How to Apply for a Loan

Everytime you pay bills on the Bold app, you build your credit score, which qualifies you for a loan. You have an initial 10% credibility score on the app that you can continue to build to be eligible for loans.To apply for a loan on the Bold App, follow these quick and easy steps:

  1. Access Loan

Scroll to the end of the screen on the homepage. Click on Access Loan. It’ll lead you to the loan page where you will find your credibility score, as well as borrowable amount available.

  1. Take Loan

Assuming you have a 100% credibility score, you can take a loan of up to N500,000, depending on the borrowable amount available. Click on Accept Offer. You will be directed to input your desired amount. Then a preview will pop up on the screen so that you can review the action you’re about to take. If everything is in order, click on Take Loan and you will be credited instantly.