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Carbon Paylater Registration Guide 2021/2022 Latest Portal Updates

Filed in Tutorials by on November 19, 2020

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Carbon Paylater Registration Guide 2021/2022 Latest Portal Updates.

Carbon Paylater Registration Guide 2020: Are you looking for where to get short-term loans? Try Carbon! In this article, you will get a clear insight about Carbon formerly known as PayLater registration guide, loan eligibility requirements, and other relevant information.

Carbon(Formerly PayLater) Registration Guide and Application Process

Carbon is an online platform that offers loans. Its former name was PayLater. The Carbon (PayLater) loan is a service offered by One Finance & Investment Limited to provide short-term loans to individuals in Nigeria to help them cover unexpected expenses.

The loan covers everything from emergency expenses to business opportunities that require immediate attention. The loan is so convenient, that you can apply for it at any time of the day.

Funds made Accessible by Carbon

Carbon offers two loan packages. The Carbon and the Carbon plus. The Carbon is a fund for everyone and you can get up to N10,000 as a new customer for the period of 15 to 30 days with a 10% interest.

For old customers, you can borrow up to N50,000 at a lower interest rate of 5% for the period of 1 50 3 months. As you go up the ladder, you can get a loan of N100,000 to pay an interest of 4% within 1 t0 3 months.

The Carbon plus allows you to borrow up to N500,000 with an interest rate of 2% in a period of 3 to 6 months. However, to access this service, the following is required:

  1. You must be a salary earner
  2. Employment letter
  3. 3 months bank statement
  4. A valid ID card
  5. A personal picture

Requirements for Carbon (Paylater) Loan

To be able to access the Carbon loan, there are some requirements you need to meet. First, Carbon (PayLater) does not require you to submit any legal document such as a driver’s license or utility bill, making it very worthwhile. The following are the only requirements:

  • A Smartphone with an internet connection
  • Your BVN and BVN-linked account number
  • A valid Facebook account for identity confirmation

How to Register for Carbon (PayLater)

  • Download the PayLater app from Playstore
  • Once you have installed the app, complete the online application and submit.
  • Subsequently, your loan application will be reviewed and you will receive the decision in a few seconds.
  • Once the loan is approved, you will be sent a client ID number, as well as your requested fund, which will be made available to you through your bank account.

How to Contact Carbon (PayLater) Customer Care

Carbon offers you many different ways to contact the customer care service for inquiries and complaints. You can either send an email to [email protected] or visit their Facebook page. Also, you can visit the PayLater twitter account for the latest information on products and services.

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