You want a quick and easy way to get a loan without any hassle? Do you need money urgently for your personal or business needs? If yes, then you should consider applying for a Specta loan.
Table of Contents
- What is Specta?
- How to Download the Specta Loan App
- How to Apply for a Specta Loan
- Benefits of Using Specta
Specta is a digital lending platform that offers loans of up to N5 million in minutes. You don’t need any collateral, guarantor, or paperwork to apply. All you need is your smartphone and the Specta loan app.
What is Specta?
Specta is an online lending service that is powered by Sterling Bank. It was launched in 2018 to provide fast and convenient loans to individuals and businesses in Nigeria.
Specta offers loans of up to N5 million with repayment periods of up to 48 months. You can use the loan for any purpose, such as paying bills, buying groceries, funding your education, starting or expanding your business, and more.
Specta has a simple and transparent application process that takes less than 5 minutes. You can get approved and receive your loan within minutes after submitting your application.
Specta also has a low-interest rate that starts from 22% per annum. You can choose from different loan products that suit your needs and budget. Some of the loan products include:
– Specta Basic: This is for salaried workers who need up to N2 million for personal or business needs. You can repay the loan in 12 months with an interest rate of 26% per annum.
– Specta Prime: This is for non-salaried workers who need up to N2 million for personal or business needs. You can repay the loan in 12 months with an interest rate of 30% per annum.
– Specta Xpress: This is for anyone who needs up to N20,000 for emergency needs. You can repay the loan in 30 days with an interest rate of 10%.
– Specta Allawee: This is for NYSC members who need up to N100,000 for personal or business needs. You can repay the loan in 6 months with an interest rate of 22% per annum.
– Specta Business: This is for small and medium enterprises (SMEs) who need up to N5 million for working capital or expansion. You can repay the loan in 48 months with an interest rate of 22% per annum.
How to Download the Specta Loan App
To apply for a Specta loan, you need to download the Specta loan app on your smartphone. The app is available for both Android and iOS devices.
To download the app, follow these steps:
– Go to Google Play Store or Apple App Store on your phone.
– Search for “Specta Loan App” and tap on the app icon.
– Tap on “Install” and wait for the app to download and install on your phone.
– Open the app and register with your phone number and email address.
– Create a password and set up your security questions.
– Verify your phone number and email address with the codes sent to you.
– Complete your profile with your personal and bank details.
– You are now ready to apply for a Specta loan.
How to Apply for a Specta Loan
After downloading and registering on the Specta loan app, you can apply for a loan in minutes. Here are the steps to follow:
– Open the app and log in with your phone number and password.
– Tap on “Apply Now” and choose the loan product that suits your needs.
– Enter the amount and duration of the loan you want.
– Review the terms and conditions of the loan and accept them.
– Provide any additional information or documents required by Specta.
– Submit your application and wait for approval.
– If approved, you will receive a notification and an email with your loan details.
– Your loan will be disbursed to your bank account within minutes.
Read also: Top 20 Loan Apps in Nigeria
Benefits of Using Specta
Specta is one of the best online lending platforms in Nigeria because of its many benefits. Some of the benefits include:
– Fast and easy application process: You can apply for a loan in minutes without any paperwork or stress.
– Instant approval and disbursement: You can get approved and receive your loan within minutes after applying.
– No collateral or guarantor required: You don’t need any security or someone to vouch for you to get a loan from Specta.
– Flexible repayment options: You can choose from different repayment plans that suit your income and cash flow.
– Low-interest rate: You can enjoy a competitive interest rate that starts from 22% per annum.
– High loan amount: You can access up to N5 million depending on your eligibility and credit score.
– Multiple loan products: You can choose from different loan products that cater to your personal or business needs.
– Customer support: You can contact Specta via phone, email, or social media for any inquiries or complaints.
Read also: How to Apply for Sterling Bank Loans
Conclusion
Specta is a reliable and convenient way to get a loan in Nigeria. You can download the Specta loan app and apply for a loan in minutes. You can also enjoy low-interest rates, flexible repayment options, and high loan amounts.
If you need money urgently for any purpose, don’t hesitate to try Specta today. You will be glad you did.
