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How to Apply for a Moniepoint Loan

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How to Apply for a Moniepoint Loan – Welcome to Inforeal, a platform dedicated to addressing the various challenges agents might encounter while using the Moniepoint POS or wallet accounts. We’d like to extend our heartfelt gratitude to our Audience.

Understanding Moniepoint Float Loans

Moniepoint offers a specific loan known as a “Float Loan“. Designed as a 24-hour financial aid solution, this loan aims to support business owners and agents using the Moniepoint platform in their day-to-day transactions. Keep in mind, however, this loan isn’t designed for business expansion.

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Prerequisites for Moniepoint Float Loans

As of September 2022, only active Moniepoint account users, who regularly use their POS, are eligible for Float Loans.

The Application Process

To request a Float Loan, you need to navigate through your Moniepoint dashboard. Here’s a step-by-step guide:

Logging into Your Account
  1. Login: Insert your username and password to log into your account. If you’re having trouble logging in, refer to our earlier content on unlocking your account.
Accessing the Overdraft Section
  1. Navigate to Manage Business: Once logged in, look for the “Manage Business” option and click on it.
  2. Select Overdraft: In the Manage Business section, you’ll find the “Overdraft” option. This is where you’ll be able to request your loan.
Requesting the Loan
  1. Request Overdraft: Assuming your account is active (i.e., you’ve been regularly using the POS), you can request a loan. If your account has been inactive, this option may not be available.
  2. Wait for Approval: After sending your loan request, wait for it to be approved.

FAQs

What is a Moniepoint Float Loan?

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A Moniepoint Float Loan is a 24-hour financial aid solution designed to support Moniepoint users in their daily transactions.

Who can apply for a Moniepoint Float Loan?

Only active Moniepoint account users who regularly use their POS are eligible to apply for a Float Loan.

How can I apply for a Moniepoint Float Loan?

You can apply for a Moniepoint Float Loan via your account dashboard. Simply log in, go to the “Manage Business” section, select “Overdraft”, and request your loan.

What should I do if I have trouble logging into my account?

If you’re experiencing difficulties logging into your account, refer to our earlier content about unlocking your account. Alternatively, you can leave a comment or query for further assistance.

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1 Comment

1 Comment

  1. Stephen elijah

    January 24, 2024 at 7:40 pm

    I will appritiate you serve me

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