How to get a loan from Carbon (Paylater)


Carbon, formerly known as Paylater is one of Nigeria’s leading digital financial platform that gives quick loans to it users. The loans given by them are typically fast. With over 40 employees, they have a presence in Nigeria, South Africa, United Kingdom, Ghana and Portugal.

Loans from Carbon do not require collateral or guarantors. At your first try, you may not be able to access big funds, you start by borrowing small, paying back, then you can have access to bigger funds.

The loan platform is available 24/7. You can apply on weekends and holidays and get a loan. You can click here now to download app and get a loan. 

 

Carbon loan requirement

Below are the requirements you may need to access loans:

  1. You need to download and use the Carbon app
  2. You will be required to provide your basic details such as name, phone numbers and more
  3. A photo of you which you may have to snap real time with your phone via the app
  4. Bank Verification Number (BVN)
  5. Bank account details
  6. Your ATM card that will be used to pay back loan. You will also submit major details of the card. You will be billed an initial N50 or N100 to authenticate the card.
  7. This is not frequent but you maybe ask for a government issued ID

 

How to get a loan from Carbon

Follow these steps to get a loan from Carbon:

Download the app

The first step towards getting a loan is to download the app from Google play store or Apple App store. The app is for android devices and iOS. Click here to download the app

Register

The next step is to register. Provide all details required. From your name, phone number, email and so on.

Upload a photo

You will be required to upload your photo before you can access loans. The photo will be taken real time. You will take it right there from the app with the aid of your phone’s camera.

Apply for loan

Next you will see a button to request for loan. Follow the instruction and give all details. Then submit application.

Wait for loan offer

After application, you have to wait for a decision. This does not take long normally. Just few minutes.

Accept loan and provide repayment details

Once a loan has been offered. You accept it and provide your card details where you want to pay back from.

Get your loan!

As soon as you complete the last step, your loan will be in your wallet in minutes. It is a very fast process. From your wallet you can transfer it to your bank account instantly, send it to others or use it to pay bills.

 

How much can you get?

You can get up to ₦1 million loan. But at your first try, it is usually very low. As you pay back, you get access to bigger amounts.

 

Carbon interest rate

The interest rate can be anywhere from 5% to 15% depending on the amount of money loaned and repayment period.

 

Loan term

The loan term ranges from 30 days to 12 months

 

Repayment of loan

To repay a loan is very easy. Login to the app and you can repay instantly. While accepting loan, you had been asked to provide a card which you can use to repay loan. All you have to do is fund the account which the card is linked to. Login to your account via the app and click on repay loan. It is easy and fast.

 

Carbon head office address

The head office is located at Plot 1224, Bishop Oluwole Street, Victoria Island, Lagos

 

Carbon customer care phone number and email

The customer care phone number is 01-460 9945 or 01-631 1215.

Customer care email is [email protected]

 

Carbon app

As stated above, to get a loan, you will need to download the app and apply using same. The app is  available to android and iOS devices. You can go to here store to download the app.

 

Website

The website is getcarbon.co

 

Also read: Top loan apps in Nigeria to get a quick loan without collateral

 

 

 

 

 

 


MakeMoney.ng

MakeMoney.ng is a platform that connects people with ideas, opportunities and latest trend to make money online and offline. Bookmark and come back everyday for new tips on making money. Subscribe to our newsletter and follow us on Facebook and Twitter

21 thoughts on “How to get a loan from Carbon (Paylater)”

    • Your BVN is not a password that is meant to be known by only you. If you go to a Bank to open an account, you must provide your BVN.

      So also, If you want to deal with any Financial institution in Nigeria like loan companies, Bitcoin Exchangers, Online savings platforms, you must provide your BVN.

  1. Hi,
    My name is JIDE. i have submitted all my account details and have completed the application but the code from my bank UBA refused to drop to my phone. iI also had been to my bank but till now no money applied coming to my pocket…Pls i need your help from your side oooo Mr Admin manager my number is 08142592200 or 07010433407 to call me directly. Thanks.

    Reply
  2. Good morning ma/sir. Pls ii applied for fifty thousand naira loan bbuttill now I’ve not seen the mmoney#48,000. Pls credit my acc so I can make use of it. My name is Sunny Okomayin. Thanks aas u respond fast

    Reply
  3. I just apply now and was founded but it didn’t drop in my acct dat I provided instead it says d money has been credited to my wallet how do I withdraw d money

    Reply
  4. I applied for my first loan and you said you transferred it to my carbon wallet. I transferred it to my bank account and unfortunately the money did no reach my account and there was a discount from my bank account why?

    Reply
  5. i applied for my first Loan , and its due for repayment by one week or more than, i will do the repayment by Tuesday next week, please .

    Reply
  6. Hi
    My name is Campbell olubunmi, I have been block due to several pins…I have been trying to reset the pin…still saying wait till a day after a day it keep on sayin it ,wot should I do..regards

    Reply
  7. hello my name not is olusile gbadebo i had some financial issues so could pay off my loan of 13500 please i apologise for the detail i just made a payment of 13000 this morniing please update my account

    Reply
  8. I have filled the form online with required detail but you don’t allow me to Save the detail on the form I filled online the responses I get from you is that the bank account detail does not match my name which I don’t know what most be the problem because the bank detail a correct. And the funny part of it you text me on line that loan is ready for me to collect but don’t allow me to proceed after filling all detail why.

    Reply
  9. Carbon is platform I even come across they are super. My First loan they offer me 2500 second 5000 three 7000 and this 49, 500 you guys are for real. I am happy with you guys keep it up.

    Reply
  10. Pls carbon financial i was robb so i tried to retripe my sim i was told that my sim is not on register so i need to get another sim and i am own carbon money so i need to register with a new line for them to change the number for me i have been try to called them but the number is not going due to corona virus pls i need ur message i need to pay the money before i used it for another thing tanks for this

    Reply

Leave a comment