Ever made some money off loan apps? This is your chance to have it. Fairmoney is giving free N5000 per successful referral. Actually, this update isn’t new we kind of just ignored to bring it to you guys because of the comment we got from some of our members regarding loan apps but doesn’t matter anyway, the Fairmoney referral bonus is here now.
In this particular article, we are going to discuss and explain all you should know about fairmoney referral program, how to make money with fairmoney referral bonus.
You should know that you don’t have to feel indifferent about all of this because we aren’t going to base you guys on taking loan on Fairmoney app, our main aim here is to earn some money for ourselves via the fairmoney referral bonus instead.
WHAT IS FAIRMONEY?
Fairmoney is a loan app in Nigeria which provides users with an easy and without pressure way of lending money quickly and without requiring any collateral. Fairmoney not only provides loan, but also allows the ability to purchase Airtime or data, pay for cable TV subscriptions and other functionalities.
IS FAIRMONEY LOAN APP LEGIT OR SCAM?
Yes, Fairmoney loan app is legit!. One will practically get their proposed loan within 24 hours of requesting it. Like wise, FairMoney, the quick loan app, is now licensed and regulated as FairMoney MicroFinance Bank by the Central Bank of Nigeria (CBN).
ATTRIBUTES OF FAIRMONEY LOAN
1. Fairmoney laon amounts covers from N1500 to N1 million.
2. Gives payback periods from 61 days to 18 months.
3. Early paybacks qualifies for interest discounts of up to 90%
4. There are no hidden costs.
5. APR ranging from 30% to 260% per year.
REQUIREMENTS OF FAIRMONEY LOAN
There are some requirements to certain lending money via fairmoney app. They are;
1. User must be a Nigerian and live in Nigeria.
2. Before applying for a loan, you must be at least 20 years old.
3. You must possess an excellent credit score on the fairmoney app, this will determine your loan.
4. During registration one must provide the number associated with your BVN.
FAIRMONEY SIGN UP TO EARN MONEY
It’s super easy to register on fairmoney app and begin the free bonus program.
1. First and foremost, you need to download the Latest Fairmoney App. (Download Here).
#NOTE : Install the app but don’t open yet, you need the below info.
2. Next is to click This Link to launch the fairmoney app and get started, click on Sign Up to register an account.
3. Provide your phone number and use B6V6K for referral code. We both earn bonus for this, verify your number with the OTP you will get. In the next page, you need to provide your BVN. It is this BVN that will prove you are real or fake.
5. Next you will be told to fill a form with your correct information, go ahead with it. The very next thing is to take a little loan which will get you your free registration bonus and allow you to benefit from fairmoney referral bonus.
HOW TO CLAIM FREE N1500 REGISTRATION BONUS ON FAIRMONEY APP
Follow this simple steps to get your free registration bonus.
1. Launch the Fairmoney app, click on Get Loan. You will be told to provide your personal details, to ahead with it.
2. On the next section, choose NYSC as your Professional Status.
3. For education select Graduate. Enter 29 as your pay day and N40,000 for salary.
4. Finally, you will be shown list of loans to apply for, choose any amount. Click on apply.
#NOTE : Simply apply for any amount and select 2 weeks (0%) term. By selecting 2 weeks (0%), you won’t get any interest on the loan you applied for, so just repay the loan immediately you receive the loan money.
6. Just immediately you do this, your registration is completed and in maximum of 7days, you will receive your free N1500 bonus.
HOW TO PAYBACK YOUR FAIRMONEY LOAN
1. After you have received your required loan and have used it for the purpose for which you obtained it, it is time to repay the loan.
2. Tap on the repay option to be redirected to where you will repay your loan, simply select the most convenient method for you from the list of repayment methods and follow the prompts to complete your loan repayment.
#NOTE : Let it cross your mind that the sooner you repay your loan, the easier it will be to obtain a large loan.
HOW TO BENEFIT FROM FAIRMONEY REFERRAL BONUS
To go into fairmoney referral program which entails how to get your referral code on fairmoney and guarantee you to earn free money, the logic is pretty simple. Follow this steps;
1. Open and login to the fairmoney app, tap on profile just below the app.
2. Click on Invite Friends, you will then be provided with your personal referral link. Then copy it and share with your family and friends.
3. You will get N5000 bonus once your referral repays their loan. So this explains that aside the original N500 per referral you will get an additional N5000 cash bonus per referral.
MUST KNOW FACT OF FAIRMONEY REFERRAL BONUS
On Registration Bonus
Fairmoney is currently running a promotion that allows you to get N1,500 Cashback as a registration bonus and an additional N5,000 Cashback per referral as of the publication of this article.
The Advantages of Fairmoney Promo?
As long as this promotion is active, you will receive an additional N5,000 bonus per referral in addition to the standard N500 referral bonus, and your referral will receive N1,500 for free simply by registering and taking a loan on the app.
How Long Does It Take For The Cashback Bonus To Take Effect?
Your referral must apply for a loan in order to receive your Cashback. If your referral is approved for a loan, you will receive the N500 bonus right away, and the 5000 naira Cashback bonus will be credited to your fairmoney wallet balance within 7 days.
Fairmoney Promo Expire Date
The last Fairmoney app promo ended on April 30, 2022, a new one is about to kick start and ends soon. Once it does, all operations will return to normal, including the free N500 per referral, but the N1500 and N5000 Cashback will be ceased.
FAIRMONEY REFERRAL BONUS PAYMENT PROOF
It is pretty certain that the fairmoney referral bonus is legit, many users have been paid and still getting paid. Do not let this slide as more fairmoney payment is rolled out to each fairmoney bank account of whoever worked towards it as we dropped it on NairaTechs. We have another fresh withdrawal proof of fairmoney referral bonus payment here.
In Conclusion, this article is all about Fairmoney app, we originally know fairmoney to be a loan app but there’s more to it. This time fairmoney is giving out free cash bonus via their referral program. Read through and understand this post on how to go about it.
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