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Letshego Check Off Personal Loan Details

Rates available from as of 1st April 2021
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Letshego

Check off loan
Amount
KES
10000
-
3000000
Duration
6
months
-
6
months
Total Cost
17
%
-
17
%
annualised, year one
Typically approved within
2
days
visit website


Loan Fees:

  • ‍‍Interest Minimum: 17%
  • Interest Maximum: 17%
  • Processing fee: None
  • Insurance Fee: None
  • Withdrawal Fee: None
  • Late Fees: None
  • Other Fees: None
  • Year 2+ Total cost: 17%

Disbursement Details:

  • ‍Institution Type: Microfinance Institution
  • Application Method: Paperwork
  • Disbursement Method: Bank Account

‍Repayment Details:

  • ‍Repayment Frequency: Monthly
  • Early Repayment: Allowed
  • Repayment Method: Check-Off

‍Eligibility Requirement:

  • ‍Smartphone: Not Required
  • CRB:  Must be in good standing
  • Income: No Minimum
  • Employment: Required
  • Network: Not required
  • History: Not Required
  • Documents: 3 Months Salary statement, 3 latest pay-slips, National ID, Letter from employer, Application Form Filled and Signed
  • T&C Links

 

‍

Money254 Review

Pros:

  • Check-off Repayments automated via employer
  • Long loan tenure(84 months)

Cons:

  • Relatively interest fee (17% P.a)
  • Only Available to employees whose employers have an MOU with the firm.

 

‍

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Disclaimer: The information that Money254 provides on this website is obtained from publicly available resources and is intended for information or educational purposes only. Money254 strives to keep the information on the website up to date and does not warranty that all the information will be as the financial institutions updated or changed information at all times. Money254 does not own any of the information provided by or obtained from third party financial institutions. Take note that the institutions represented on this website may vary their terms at any time or may offer you terms different to what you have seen on the website due to their own analysis of your individual circumstances or change of terms and you are encouraged to review the specific financial institution’s terms and conditions when obtaining their services or products. Money254 is not a financial institution, insurance provider or financial adviser and is not liable for any decisions any individual makes based on the information provided on the website.  Please refer to our terms and conditions and privacy policy before using this website.