Category: How to

  • How to Create a Folder in Windows using Your Keyboard

    How to Create a Folder in Windows using Your Keyboard

    There are different ways to create a folder, and this content will show you how to create a folder in your computer system.  However, there are lots of easiest ways to create a folder.

    How to Create a Folder in Windows using Your Keyboard
    How to Create a Folder in Windows using Your Keyboard

    The computer window operating system relies on using folders for formation. And also, it is important to know how to create a folder to enhance the usage of your computer system.

    How to Create a Folder

    A folder in a computer system is a location in the system where data information and document are stored. You will get to know how to create a folder with this write-up by understanding how it works, and what it consists of. However, other folders can contain folders.

    Folders organize, arrange, and store information and data in a storage system. Creating new folders has no restriction on the number of folders you want to create. Despite the large number of documents it has, the disk space is always free and is a useful means to organize data found in a system.

    Folders can be created in so many ways, you can create a folder using File explorer, using the Save As dialog box, or Box drive This article gives you how to use both of them.

    Here are outlined steps to create a folder.

    • From your computer homepage panel click on the project
    • Click the plus icon from the up part of the corner page.
    • Choose folder
    • Give a name to your folder.
    • Click on the “create a folder” button to end it.

    These are the steps that you need to follow for you to create a folder in your computer system.

    Creating Files and Folders

    Through the File explorer application, files and folders can be merged. Some folders like Documents and desktop are already in File explorer. For better structuring, you can create many folders that will also be existing in other folders.

    How to Create a Folder Using File Explorer

    Creating a file on explorer is one of the easiest ways to create a folder. Below are steps to be taken while exploring your system.

    • Click on the Window logo key +E.
    • Search for it from the start menu (Windows 10 or Windows 7)
    • To use Windows 8 or Windows 8.1, move to the right edge of the screen, and click search. When using a mouse, drag your mouse to the upper right corner of the Screen and click search. Type File Explorer in the search box, and click File Explorer.
    • Move to where you want to create the new folder and click the new folder.
    • Pull the name of the folder, and click enter.
    • Open the document, click a file, and also click Save by doing this you can now go to the new folder and click save.

    Create a Folder Using as Dialog Box

    A dialog box is one of the easy and unique ways used in creating a folder. Follow the steps below.

    • Open your document, click on File, then click Save As.
    • You can select where you want to create your new folder. Click Browse or computer, and move to the location of your new folder.
    • Click New Folder in the Save As dialog box.
    • Write the name of your new folder and press Enter.
    • Click on the “save” button.

    How to Create New Folder in Box Drive

    Creating a new folder in the box drive is an easy thing to do. Below are steps that will help you

    • Go to your computer file manager
    • Click on Box
    • Move to the Location in Box where you can create the new folder on your system.
    • Right-Click the folder and where you want to create the new folder.
    • Click on New Folder.

    Create a New File with Box Drive

    Below are guidelines that will enable you to create new files with Box Drive

    • Go to an application (PowerPoint and Microsoft word, etc.) and create a new file from any of those applications.
    • Click on the file
    • Click Save As
    • Click on Box As and select the location where you would like to save your file. You can save the new folder in the preferred folder you have in your mind by selecting it.

    How to Move a Computer File or Folders

    This is the moving of files from one destination of the computer to a suitable folder. Below are listed ways how to move files into a folder

    • Right-click on the start menu button and open the windows Explorer
    • Double-click a folder to see the file that you want to move, or if you want to copy a folder or file to another location on your computer, right-click the item in your window and choose copy. make use of window explorer and navigate to the location and then right-click and select paste or press the control button to paste Ctrl+V
    • Click on the file and drag it to another folder in the Navigation pane located on the left side of the system. After doing that you will be offered to move, create and copy a shortcut to the item when you make a shortcut menu that appears.
    • Click on the close button upper right corner of Windows Explorer. The windows close

    How to Rename Folders and Files

    In most cases when there is development on some document you might desire to change the name of that particular Folder. Below are outlined steps to rename a folder.

    • Click on the desired folder and highlight it.
    • Click on the Home tab
    • Move your mouse and click on the Rename button
    • Type your desired folder or file name and press enter

    How to Create a New Folder in Windows using Your Keyboard

    The keyboard is one of the fastest ways to create a folder in any windows version. Through the file explorer, you can locate where you wish to create your new folders. Once you get there, carefully press the CTRL + Shift + N on your keyboard.  Creating a folder has been made easy with this keyboard shortcut, with this finishing process you can name it and make use of your folder.

    How to Create a Window from the Command Line in Windows

    There are methods used in creating a new folder in the windows command line. The command line is a unique way to use it in Microsoft windows.

    It is important to know how to create a database from the command line if you are writing a book, or want an easy way to create multiple folders. Below are steps to create a folder through this process.

    • Click the Start button, and then type cmd then select “Command Prompt”
    • To move to another drive, quickly type the driver letter followed by a colon and press “Enter”.
    • To move to another directory, type on the keyboard cd next to the directory and press next.
    • Type the letters mkdir and after this type the name of the folder you want to create, then press

    Creating multiple folders is very easy to do once you make use of the command line, by typing mkdir with the names of each folder by spacing them with the pattern below.  

    mkdir   mynewfolder3   greatfolder1    mynewfolder1

    Note: The MD command can be used, they are the same.

    Frequently Asked Questions

    They are known as questions on the website. Users around the world have a lot of questions concerning a particular Job, subject, and place. There are some frequently asked questions on the website to which I will be responding to. They are as follows:

    What are the Functions of the F12 key?

    This is the key that is used on the keyboard to print files in the active windows. It is a function key located at the top of so many computer keyboards.

    What is the shortcut key to Create a New File?

    To create a new file a blank file without wasting time, press Ctrl+N

    What is the Difference between a File and a Folder?

    A file is made up of collected data, and information stored in a single unit in a computer, it is sometimes called a common storage unit in a computer system. Meanwhile, a folder is usually called a catalog, the folder can be used to hold so many amounts of files and many folders at the same time. Folder helps in storing, arranging, controlling, and organizing files and data.

    How do I create a Folder for beginners?

    To successfully create a folder in your system, you have to follow the step below as a beginner.

    • In the File Explorer, search and select the New Folder button, kindly right-click where you want the Folder to be, then select New Folder.
    • Type the name you want
    • Once the Folder appears, press enter.
    • The new Folder is created

    What is a Default Folder?

    This is a directory that contains files with folders in the operating system. The operating system is responsible for the creation of default folders for documents, videos, photos, and music.

    What is an example of a File?

    A file in the computer system, are contained important information and data available in the computer system both for personal use and business purpose. Examples of Files are JPEG (Joint Photographic Expert Group), GIF (Graphic Interchange Format), PDF (Portable Document Format), etc.

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  •  Motives Why Your Loan Application May Be Rejected

    Loan Application Rejection

    It is always quite distressing for a business owner to experience a loan rejection while sourcing for cash to support their business.

    In an ideal world, enterprise realization succeeds upon access to investment opportunities, in addition to availability of funds. Most small and medium businesses (SMEs), depends mostly on banks and other monetary establishments for business finances.

    It is notable to say that there is a conscious deviation from conventional lending institutions to financial digital lending platforms.

    Apart from conventional banks, there is a rise of different lending platforms who are in the financial industry. It’s far remarkably easy for an individual or a business person to apply for loans in any financial lending institution in Nigeria.

    Yet, the achievement of your loan application may not be automated as this relies upon on various of things. A loan application may be rejected for numerous motives, and we would highlight through them, so you can do away with them to boost your possibilities of getting a loan.

    Top common explanations why your loan application is rejected.

    1. Terrible credit history

    Do you understand when we talk about Credit history? What does it mean? I know some readers would be curious to know what it means.

    Credit history is a document report of all the preceding/previous loans an applicant has applied for in the past. It takes under consideration; an evaluation of how the loan charges were paid back.

    It is a primary point of focus of a lender, to make a connection with your credit history. By in so doing, the lender has information on the range of loans you’ve gotten before they continue with allotting another loan to you.

    This idea might look odd due to the fact that many Nigerians won’t be familiar with the approach, specifically first-timers. It’s striking to mention that the credit score plays a tremendous function for the approval of your loan.

    Preferably, while a loan is declined without a motive, you are advised to check your credit records to ensure that you don’t have any outstanding loans.

    Having a knowledge of your credit score rating before applying for a loan will enlighten you if you have a negative credit or no credit in any respect.

    In that case, you could be sure that your loan application can be denied due to the fact you pose a lot of risk. You can study greater about credit score in Nigeria right here and exactly what it requires.

    Loan Application Rejection

    2. Inadequate collateral

    Financial lenders in form of banks or digital financial lending corporations are no longer persuaded to risk lending out money to businesses/agencies/persons without an accurate form of repayment.

    If you decide to loan some amount of money from a bank, there may be a tendency to request for a physical possession or any equivalent asset that they can hold on to if a loan isn’t repaid eventually.

    What should be done in such circumstances?
    You need to create a collateral file that lists everything you could place up as collateral.

    You could include each business and private belongings you own. Subsequently, you can decide to offer your property or car as a means of collateral.

    Loan Application Rejection

    3. Indebtedness

    An applicant’s earnings, account stability or declaration of account may not validate the approval of his loan. An applicant’s loan can be denied or rejected as a result of over-indebtedness or unpaid loans.

    It is amazing to say that any financial lender can be able to verify when an applicant has some outstanding loans simultaneously.

    Approving another loan for an indebted customer is a risky decision for the lender, and they would not be ready to take such risks.

    4. Low Profits/Revenues

    As it has been explained earlier, financial lending institutions are in the business of approving loans to make profits for their business.

    Applications been tendered by various customers is easy to denote that their business might not own the capacity to pay off their loan. With this view, some application may not be granted.

    Note: For every customer who may want to apply, in case you apply for loans which are measured to be too enormous for you or your business enterprise, the proposal can be denied.

    5. Frail Marketing strategy or suggestion

    Potential investors will not likely consider your loan application if you come up with a low business proposal. To make certain the approval of your loan application at submission, you just need to follow a little rule.

    Ensure that your business plan is explicit and detailed. This helps your targeted investors to picture an understanding of your target clients with your research.

    What makes it better is that it proves you have got a clear assertion with desires in mind, and includes a premeditated estimate of sales and income predictions.

    Your business proposal also reports that asides from your proposed plan, you have a prepared resume, monetary statements, bank statements, earnings tax returns and legal documents like articles of incorporation etc.

    Finally,
    All of those motives might not be clear to an applicant on the point of denial because they were not the conditions that they predicted.

    Still, if they are always an important criterion to lenders whilst determining if they should grant a loan request or not.

    It is significant for you to also carry out research before applying for a loan.

    If you do not use the appropriate information concerning yourself while applying for such loans, your application can also be rejected.

    Been updated with the news as they happen can also help you to be properly informed about recent developments.

    Loan Application Rejection!

  • Flexible Loan Duration of Your Loans With EasyCredit

    EasyCredit  Loans

    It is a normal for every individual to run into a financial problem at a point in time and need a loan to make payments. Consequently, most people prefer to use online loan systems to get instantaneous loans due to the strain it takes to achieve getting a loan from our traditional bank.

    EasyCredit is an outstanding loan institution in Nigeria which gives you immediate loans effortlessly and without issues. With this loan platform, you can obtain loans from the comfort of your home within a matter of minutes.

    An Overview of EasyCredit  Loans

    EasyCredit is a well-known loan platform in Nigeria. Essentially, this loan organization offers Nigerians short and smooth access to instantaneous loans.

    Many Nigerians have benefited from this platform because it has plenty of high quality reviews on the Google Play Store. With this platform, you could get immediate loans of up to N500,000 relying on for your creditworthiness.

    Benefits of  using this platform

    With this platform, there are no documentation needed. There is no need for queuing at any office before you are granted access to acquire your loan.

    Also, you have the liberty to use your acquired loan in the manner you desire. It can be used for either personal or business enterprise use. Their loan services are always available 24 hours each day of the week.

    Services offered by EasyCredit

    As explained earlier on, this platform generally gives you loan services. Essentially, they provide you with access to loans from 2000 Naira to 500,000 Naira. You can get this loan in much less than 10 minutes.

    How to register and apply for a loan

    1. You need to first download the EasyCredit loan app on your Google Play Store or App store.

    2. When you have downloaded and install the app, you can open the app and create your account by filling the basic information about yourself. This consists of your employment status, a valid identity, BVN variety etc.

    3. Afterwards, verify that the information you entered is accurate.

    4. You would wait for approval after this. As soon as the platform verifies your account, you can now follow up by requesting for your loan and acquire it instantly.

    EasyCredit  Loans

    How to download the EasyCredit app

    To download this loan app, follow the guidelines below:

    • With your Android device, search for Easy Credit on the
    • Search task bar on Google Play Store or App Store
    • Download the application and install it.
    • Lastly, open the app, register/sing up to begin borrowing.

    How much can i Borrow from EasyCredit?

    You can borrow any amount of loan amount you need starting from 2000 Naira to 500,000 Naira. Basically, the amount of loan you could borrow will definitely increase if you pay off your loan on time.
    As an instance, if you borrow a loan of 2,000 Naira to begin with and pay it back on time, you’ll be able to borrow a higher amount subsequent time.

    How to pay off an EasyCredit loan?

    Follow these steps to pay off your loan:
    1. First, open the app on your android or iOS device and sign in to your account.
    2. Click on “My mortgage” and select one of your loans applied.
    3. Tap on the “pay off earlier” option.
    4. Affirm that every detail you submitted are correct, then click on “repay now”.
    5. Choose a repayment method convenient to you and press “repay now” to complete your loan reimbursement.

    Duration of EasyCredit Repayment Loan

    This lending platform gives you up to three months so that you can pay off your loan. It only relies upon on the initial agreement you made whilst you were applying for the loan.

    What occurs if I don’t pay back my loan?

    In case you do not pay back your mortgage on time, you will be blacklisted and this automatically reduces your creditworthiness.

    You may no longer be able to request for another loan on their platform. Moreover, your loan will instantly begin to incur a fee of 2% every day after your due date.

    Interest Fee on EasyCredit loan App?

    This platform has a loan rate of 12% – 36%APR, with a zero carrier fee. Your loan amount and validity period is calculated by using your credit score and creditworthiness.

    Hence, you need to keep an excellent credit rating and repay your loan on time, so you can be eligible for higher amounts.

    Customer Service

    You can reach the customer support of EasyCredit loan with the stated ways below:
    Visit their office at: Opebi street No. 20, Ikeja, Lagos
    Send a direct email:help@easycredit.app
    You can alternatively send a message via their whatsapp number: +2348088227615
    Dial their hotline: 09087614188

    Finally, It is secure and safe to borrow loans from EasyCredit. But, you need to consider your capability to repay the loan before starting your journey to borrow it.

    If you realise you will be unable to pay off the loan while the fee is due, you should avoid taking the loan to keep away from being in debt.

  • Speedy Choice: Quick Loans Without Collateral

    Speedy Choice: Quick Loans Without Collateral

    Speedy Choice Loans

    Surprising economic emergencies can be frustrating for individuals who have no backup plan to finance their life. When such situation happens, many people prefer borrowing cash from loan platforms given that their loan procedure is less difficult and less rigid than normal banks.

    Speedy Choice is a financial digital lending enterprise that offers loans for any Nigerian in need. In simple steps, they could come up with an on the spot loan.

    What You Should Know About Speedy choice
    Speedy choice is a financial digital lender that provides loans for Nigerians who require a financial assistance.

    This platform is similar to other loan platforms that offer loans for people with no collateral. This financial lender prevent you from the stressful process that is involved in borrowing from banks.

    For those who may have doubt about the company, you can visit their head office located at Ojodu Berger with their headquarters situated at Akute, Ogun state. The financial platform was registered in 2018 and have a registration number of 1522460.

    Prerequisite for borrowing a loan

    There are some necessities you should meet for you to be eligible for the loan. They involve:
    1. You must be a citizen and resident in Nigeria.
    2. Applicants must be within the age range of 20 – 55 years.
    3. You should have a reliable source of income.
    4. Your basic information provided at the process of registration must ought to be legitimate.
    All this listed above facilitates them to determine the minimal and maximum sum of money you can borrow from them.

    How to Apply for a Loan on speedy choice?

    We would highlight some few steps you need to take to apply for the loan on the platform:

    1. You need to visit the company’s website through any of the links stated below.
    2. Specify that you wish to acquire a loan from their platform.
    3. Patiently wait for their service agents to direct you on the subsequent steps to take before you borrow your loan.

    Borrowing Amount on Speedy Choice Loans

    The loan amount in which every customer can borrow is within ₦3,000 – ₦150,000. Any amount you may desire to borrow all depends on your credit score rating.

    Your credit score rating will eventually increase whenever you borrow and pay it back in due time.

    Interest Rate

    The interest rate on the platform is between the range of 5 – 10%.
    For each day you default on your loan repayment, the interest on your loan would increase. As a result, you have to pay any loan you borrowed on or before the due date.

    Loan Duration for Speedy Choice Loans

    This financial platform solely depends on the amount of money each of the customers borrow.

    If you decide to borrow a small amount of cash, they would probably give you a duration of 1 month. However, if you apply for a larger sum of money, the duration can last about 3 months.

    Is there a mobile application?

    This financial institution does not have a designed mobile application for devices. If you want to borrow or have any questions you need to be answered, you can contact them.

    Contact Care

    You can contact them with any of the ways listed below:
    Visit their office: 8, Ariyo, off Olutola avenue, Ojodu-Berger, Lagos
    Dial their customer service number: +2347035514253
    You can also send a mail across:Speedychoicelimited@gmail.com

    Conclusively,
    We have outlined some key information you need to know about this financial lending platform.

    The financial lending institution Speedy choice is a moneylender that gives loans without collateral to people in need. With just your fundamental information, you will be capable of borrowing a loan of up to N150,000. In essence, this way makes borrowing less complicated, convenient and reliable.

    Want a loan? Kindly test out this platform that permits you to access your loan in minutes. This will assist you are making the exceptional decision for you.

  • Loan Applications that Offers Over 100k in Nigeria

    Loan Applications in Nigeria

    There are a lot of loan apps in Nigeria that perform well today by offering small-medium loans for clients who need them. Still, for some time, people who require loans above 100k have found it tough to get their required loan.

    This is ultimate because some loan applications available no longer offers loans of up to that amount anymore. If you are such an individual, this article would help you stop your search as we would discuss some loan applications which can provide you with over 100k here in Nigeria.

    Loan Application that Offers Over 100k At A Request

    The trusted and confirmed applications that would offer you more than a 100k in Nigeria are:

    1. Carbon (formerly known as Pay later):

    This financial lending platform is a fast loan service available to you with the use of your mobile phone. They have 2 product packages available for all income earners only, and another package for other individuals. Additionally, you can make use of the app to pay all your bills at once like airtime and your electricity bills, all in the comfort of your home.

    2. Aella Credit Loans:

    Aella financial lending platform application makes it simpler for individuals looking for access to quick cash. Moreover, this application also focuses on personnel with a steady income. Aella Credit is affiliated with diverse credit bureaus available in Nigeria. That is because they employ an algorithm to determine your creditworthiness before approving your loans.

    3. KiaKia Loans:

    Short easy and fast, so it’s implied by its name “kiakia”, which denotes “fast” in the Yoruba language. This financial loan app offers individuals loans of up to N200,000 with variable interest rates relying on the nature of the loan. Additionally, the duration of the loan is within 7 to 30 days.

    Loan Applications in Nigeria

    4. Branch Loans:

    This digital lender application gives you a loan without requesting collateral. In truth, all you need to do is to sign in on their platform by providing basic information. After your registration is complete, you may borrow as little as N1,000 or a higher amount of N 200,000 with substantial interest.

    5. Xcredit: 

    Even though it’s no longer a very famous loan app, it is still one of the top loan apps in Nigeria that has prepared an awesome loan package for its customers.

    Presently, they offer a minimum loan of N2,000 and the highest amount of N500,000. Additionally, their loan plan spreads around 5 months and no collateral is needed. You will be asked to fill in your banking information for further checks.

    6. 9ja cash Loans:

    With a little similarity to xcredit, 9ja cash is a financial lending platform that isn’t widely recognized but works virtually properly. Applicants are allowed to borrow up to N300,000 for a range of 180 days. Nevertheless, their interest charge is quite huge as it ranges between 1%-34%.

    Quite a few loan applications that offer such loans at once include Sokoloans, Palmcredit, 9credit, etc. But then we couldn’t add them up to our list of financial lending platforms, as most of them only offer a maximum loan of 100K.

    We would presume there would be changes on such applications later in the future, but it is worthy to note that they are dependable and reliable loan applications.

    In order to make a detailed and knowledgeable decision before choosing a loan app, make use of the loan evaluations from the different applications listed above.

    It allows you to compare the pros and cons of the distinctive app product services. This guarantees that as a lot as feasible, you’re deciding on an offer that works well for you.

    How To Apply For Loans?

    The process to carry out an application for a loan is easy and applicable to all the loan applications listed in this article.

    • Start by downloading their official app on the play store or App store.
    • Install the app and get registered.
    • Upon successful registration, you are allowed to apply for a loan.
    • Be aware that each loan application has a maximum amount new users would be eligible to borrow but
    • increases as you repay back as at when due.

    Finally, The reputation and usage of loan apps are hastily growing, with many residents realizing how easy it is to get a loan. Moreover, you can be assured that all the apps listed here in this article are reliable and trusted. All you have to do is to download the app and sign in to be a partaker of their loan profits.

     

  • Guidelines On How To Avoid Personal Loan Rejection

    Ways to Avoid Personal Loan Rejection

    In every sphere of life, money is important in achieving what you need and every so often your financial savings won’t be sufficient. To take a personal loan is one of the simplest approaches to a short-time period of finance.

    It can be disheartening to get your application for a loan rejected, particularly after going through all the processes involved. Having your loan application rejected is by no means a good element, that’s why you need to know how to avoid such instances.

    If you are planning on applying for a loan from any lending platform, right here in this article are easy methods to avoid loan rejection.

    Ways to Avoid Personal Loan Rejection

    There are things every applicant should be aware of to avoid their loan application been rejected. Such include:

    1. Credit Score Requirement:
    Meeting up with the credit score is one of the most significant elements considered before granting a loan application. Every financial lending platform has its own distinct credit necessities.

    It’s essential to test your potential lender’s credit requirements and make sure that your credit score rating is high enough.

    Your credit score gives you a high probability of receiving the loan.
    Your credit score is a number between 300-500 which describes your creditworthiness.

    2. Income Requirement:

    Meeting up with the minimum income requirement refers to the minimum amount of money you earn frequently as a salary earner or business person.

    Financial Lenders always have a minimal earnings requirement to make sure that you can pay back the loan as at when due. Some lending corporations in Nigeria can also require your employment history for a particular duration.

    Before applying for a loan, ensure you have a consistent source of earnings, as it would increase your probabilities of obtaining a loan.

    3. Collateral:
    Collateral can be measured as something which you pledge to forfeit if you default in paying your loan back as at when due. When an individual applies for a loan, financial lenders would require that you have an equal collateral as security because it lowers the risks involved.

    Collaterals can be in the form of liquid assets or belongings. So for every applicant to avoid getting their loan declined, they should have a solid guarantee.

    4. Debt-To-profits Ratio:
    Debt-To-income ratio is a way of measuring the maximum amount you are able to borrow. If you have a high DIT, it simply means that you are actually borrowing more than you could pay, which is not a good idea to lenders.

    Before applying for a loan, try to clear off your debts, as financial lenders will check your credit score records before thinking about approving your loan.

    You need to also make certain that your Debt-To-income ratio is much lower than 43% as it indicates that you are able to financially pay back as at when due.

    5. Required Document:
    Digital Financial Lenders will ask you to offer some of your documents as part of your application process.

    Those documents involve; bank statements, financial institution payslips, a duplicate of a valid identity, a letter of responsibility and every other document specified by the lender.

    Ensure you fill in all the appropriate information and verify your documents before submitting it.

    Conclusively, there’s no assurance that your loan request will usually be positive. It is possible you can meet all the necessities the lender asks for and nonetheless get a rejection.

    In truth, it is on the lender’s discretion. But, you must continue to do everything necessary and try to avoid errors that may cause your loan request rejected.

    Particularly, getting to know your potential lender is one predominant issue to bear in mind before applying for a loan. Try to compare different creditors to discover the most appropriate loan alternatives. Best of Luck!

  • MPOWER Financing – All You Need to Understand

    MPOWER Financing Loan

    Training is known as the first-class legacy. In reality, we can’t exaggerate the standing of education. However, schooling is highly-priced, and in fact, getting a satisfactory training is even greater costly.

    Many college students globally may not get admission to quality schooling due to one financial limitation or otherwise. Which such limitation in mind, that is the point MPower financing is available in.

    If you are this type of college students. You need no longer to worry. MPower financing is available to cover all your education fees. They offer loans to both undergraduate and graduate college students resident in both US, Canada, and international students.

    In this text, we would highlight all you need to realize about MPower financing. This consists of the requirement for eligibility and how you can easily process your loan with them.

    MPOWER Financing  Loan

    MPower is an educational institutional lending platform that provides college students with fixed-price educational loans. They have a belief that millions of students worldwide battle to get into school due to economic/financial constraints. And it’s in this motion that they created such offers to assist college students address this persistent issue.

    This educational financial lending platforms get support from investors and various universities worldwide to provide college students a better financing education financing platform.

    They aren’t just a financial education lender, but their purpose is to build students up for professional, financial and academic achievement.

    Not like other numerous other schooling lenders, MPower financing doesn’t require a cosigner to receive an educational loan. As a substitute, they go through your credit history, Country of Origin, profession, educational capability, and university.

    In fact, this makes them the highly recommended education financial lending platform of many students worldwide.
    Similarly to a majority of these, MPower financing also presents students globally with a term of no-cosigner scholarship.

    Mpower financing

    Advantages and Disadvantages

    Advantages

    1. The MPower financing loans and scholarships schemes are accessible to global college students without a cosigner. You could easily be eligible for a loan without having problems of having a personal cosigner.

    2. Distinct to some educational financial lenders that carry out prolonged credit history tests on applicants, MPower financing does not do such. And as such, this indicates that applicants do not need to undergo credit history checks before getting a loan.

    3. This financial educational platform has exceptional interest price discounts you may leverage on. Such interest rates include on-time payment reductions, automatic price discounts and numerous others.

    Disadvantages
    1. The platform loan restriction is quite low. As a student, you are only accessible to a minimum loan of about $25, 000 a year and a maximum lifetime loan limit of $50,000.

    2. The MPower interest fees are relatively higher than other personal educational financial lenders. Their interest rates for college graduates are approximately 11.59% and 13.63% for all graduates.

    How to Apply for a MPOWER Financing loan?

    The process for applying for a MPower loan is a simple procedure. You may finish the whole procedure online. Follow these procedures to get a student loan.

    • Go to their website at https://www.mpowerfinancing.com/ on your mobile browser.
    • Tap on the call-to-action button, “Get started out” on the page that loads.
    • After that, you will redirected you to an eligibility page to fill all the necessary required.
    • Fill in all the eligibility requirements by inputting your important details. Those consist of your name, university, e-mail, diploma, and many others.
    • After filling this information, click on the “check now” button.

    If your profile is eligible, you can begin your application at once.

    Amount available for borrowing

    This financing platform has a loan maximum offer of $25,000 for each academic period. And if it interests you, you can borrow as much as a lifetime loan of $50,000.

    Before you can be able to access any of their loans put out, you must first have your loan application submitted.

    Compensation terms

    If the applicant has been accredited for a loan, the MPower interest fees are in the range of 11.99% and 13.99%. As an international college student, you would only be needed to make a little interest payment towards the reimbursement of your loan. And upon graduation, you would have only 6 months privilege you begin your ten years repayment.

    Conclusively, For anyone who wishes to study overseas but can’t, due to either an economic problem or the other, you could make use of MPower financing scholarship and loan platform. Visit their official website to get started.

  • Crowdfunding With Donate-NG Review – How To Sign up on Donate-NG?

    Crowdfunding with Donate-NG

    Some readers might be wondering what crowdfunding means and how it works. As you read on in this article, I would discuss what you need to know about this corporation.

    In a layman’s term, Crowdfunding is a means by which a person or a group of people raise funds for a project from numerous persons.

    In this virtual age, crowdfunding has been made easy and unified. Essentially, numerous digital systems provide Nigerians a chance to raise capital from the public to fund their enterprises without having to go through any strain.

    In contrast to back then in the past, it was a bit complex to source for funds from the public. Crowdfunding now can be done without problems through your smartphone.

    Donate-NG is a web crowdfunding platform wherein you are seeking donations from the public to make your vision project become a reality.

    What is Donate-NG all about?

    Donate-NG is a virtual crowdfunding platform where individuals with projects with realizable projects can make their ideas come through by getting assistance from people all over the world.

    They can get support from separate individuals, charitable institution, businesses, school alumni etc. Everybody can check in and get assistance by registering on this platform.

    This crowdfunding company was launched in 2015 with a challenge to be the most well-known on-line crowdfunding platform available in Nigeria.

    They are searching for financial and economic help from Nigerians and those abroad to help improve lives through its social fundraising for charitable projects.

    Services offered by Donate-NG

    Essentially, this establishment offers crowdfunding and fundraising services to the public.

    Crowdfunding
    These crowdfunding services helps in the raising of funds from the public to assist religious corporations or charitable intuitions.

    The platform also helps others to get their projects executed. People will be able to get access to those finances contributed at the end of the goal date.

    Documents needed to sign up in this platform?

    Here are the primary documents this platform needs from a user:
    1. Your Legal first name and Surname
    2. A registered Email address
    3. Your desired Password.

    How To Sign up on Donate-NG?

    Observe these steps to sign in at the internet site:
    1. Go to their legit website at www.donate-ng.com
    2. Then tap on the ‘sign up’ tab displayed
    3. Finally, fill in your basic information and tap on the ‘Sign up’

    How do I raise funds on Donate-NG?

    To raise funds on this platform is very easy and simple. Follow the steps below to start your crowdfunding journey:

    1. Sign up on the platform with the steps explained above.
    2. Register your account as a user.
    3. Generate a fundraising portal for the mission you want to begin.
    4. Set a duration length.
    5. At the end of your duration length, you’ll receive the cash donated on your project.

    Sincerely, use the cash for the course you applied for.

    What is the Duration to Access My cash on Donate-NG?

    Most charity enterprises can extract their donations whilst the donated fund amount is greater than N50,000.

    Moreover, you can additionally choose an automatic payment process, in which the platform will send your funds to the particular account at intervals.

    Then again, personal fundraisers can be able to get full access to the cash at the due date or on any occasion the fund contributed is finished earlier than the set date.

    Is there a mobile application for Donate-NG

    Currently, the crowdfunding platform does not have a mobile application designed yet.

    But, this isn’t a hindrance as you can donate funds through its online platform. You can also apply on the online platform for your project to be financed.

    How to Contact Donate-NG?

    You can reach Donate-NG by any of the following approaches:
    Visit their office at this address: Hub One, 10, Hughes road, Off Herbert Macaulay manner, Yaba 101212, Lagos, Nigeria.

    Call their hotline on :Tel: +2349062547346

    Send an email: aid@donate-ng.com

    Visit their website on: www.donate-ng.com

    In conclusion,  Donate-NG is a platform designed to provide an authentic way of donating to reasons which can be worthwhile and valid.

    Essentially, they make the crowdfunding manner smooth, reliable and convenient and. When you have any crowdfunding plans in thoughts, you can try them out.

     

  • Guide to Student Loan Grants Offered By Banks In Nigeria

    Student Loan in Nigeria

    Education has gone beyond the times of it been a privilege, but now a necessity. It is rooted deep in our culture of every Nigerian household, no matter the class.

    For anything a person might be interested in, you need to pay for it to get more knowledge and make it worth it. So likewise, education isn’t cheap, but some students still find it difficult to fund themselves to get the desired education.

    For such, this article would be narrating platforms which grants educational loans to students here in Nigeria. We would also highlight a way for students to get access to easy loans for their school funding.

    What is Student Loan?

    In a simple term, a student loan is a loan made available for only students to help them in their educational funding. This loan exist in different kinds, and it is different from other kind of loans.

    The main difference of this student loan to a personal loan is the interest rate. The interest rate applied on this loan is much lower and has a flexible repayment duration.

    Student Loan offered in Nigeria

    1. Student Loan in Access Bank

    This financial institution offers students with advance payment for tuition fees, which is to cover a student’s short-term financing needs while in school.

    Features of this Loan

    — They scheme ensures every student don’t get interrupted in their education because of funding.
    — It would surprise to know that you can receive a student loan of up to ₦5 million.
    — There are a variety of options to repay the loan.
    — There are 24/7 remittance services.

    Requirements for applying for this student loan

    • A copy of an admission letter from your institution.
    • A complete application form
    • A receipt of your Tuition fee
    • A letter of your parents/sponsors salary account
    • A photocopy of your parents/sponsor employment ID/valid means of
    • Your Bank Verification Number (BVN)

    2. Student Loan From GT Bank
    The GT Bank’s school fees is a loan scheme considered to finance the payment of your child’s tuition fees for schools only in Nigeria.

    Features

    • A student can get a tuition advance of up to ₦5 million in student loans with a maximum duration of 4 months on a request.
    • There is a flexible interest rate
    • Fast and quick access to the loan

    Requirements Needed to be eligible

    • A fully completed application form from the student and an employer undertaking form signed by the parents/sponsor.
    • A photocopy of the tuition school fees receipt.
    • The student/parent’s domicile account must be with GTBank to fully receive the benefits.

    3. FirstEdu Loan of First Bank
    FirstEdu loan offered by First Bank is majorly a loan targeted towards proprietors. This loan provides a fair funding for school proprietors for to purchase upgraded school facilities.

    It also helps to meet the gaps of school funding prior to the payment of school fees by students.

    Features/Requirements

    • They offer a repayment plan which is about 90 days.
    • Proprietors may have access to an amount of ₦10 million at the maximum.
    • The only collateral which would be accepted is the schools’ domicile account for school fees is banked with First Bank.
    • The school must have a population of 100 students at the minimum.
    • The School must have an account with First Bank for a minimum period of up to 6–12 months.
    • The main target of this loan scheme are private schools duly registered under the CAC and their individual State Government.

    4. Federal Government Loan (Education)
    The Federal Government of Nigeria has approved the creation of student loan boards and education banks by states at all levels with flexible interest rates to give students the easy access to those funds.

    The government also agreed for the formation of education funds in all states of the federation. Much emphasis is expressed on ways to fund teacher development in the education sector. It also stressed the need of establishing a special intervention fund for persons with disability/special needs.

    Conclusively, to fund education isn’t an enormous task as we make it look. There are several options available for students to access quick loans in Nigeria.

    All that is needed of you is to decide to apply for any of the platforms mentioned above for granting loans for tuition fees and ensure you meet all their requirements.

    Nevertheless, bearing in mind that there are numerous options to pick from, you can make a more knowledgeable decision by looking at each loan offers from different lenders and get the best deal for yourself.

  • How To Obtain A Federal Mortgage Bank Loan

    Federal Mortgage Bank Loan

    In 1956, The Federal Mortgage Bank of Nigeria (FMBN) was launched. In 1994, it assumed its position as the status of the apex mortgage institution for Nigeria. Ever since then, it has been able to manage the contributory savings scheme known as the National Housing Fund (NHF) in Nigeria.

    The National Housing Fund is a social investments project to organize long-term resources to advance loans to contributors. Its operation is one of the core mandates of the Federal Mortgage Bank of Nigeria. The FMBN in Nigeria is registered under the National Housing Fund Act (1992).

    Aim of the Federal Mortgage Bank Loan

    This loan scheme was developed only for the building, purchasing, or any renovations of residential housing of any applicant. This credit plan isn’t meant for the re-financing of housing loans.

    Who are eligible to Apply for the Federal Mortgage Bank Loan?

    Anyone who wishes to apply for the Federal Mortgage bank Loan must fulfill these requirements:

    • Applicants must be a Nigerian and resident in Nigeria
    • Applicants must be up to the age of 18 years.
    • You have been a regular contributor to the National Housing Fund for approximately 6 months.
    • Applicants must have substantial evidence of a steady flow of salary.

    Federal Mortgage Bank Loan

    Required Documents  for Application of Federal Mortgage Bank Loan

    • Copies of survey and site plans of the house.
    • A photocopy of the approved building plan.
    • Copies of your monthly income receipts.
    • A valid savings account with any registered mortgage bank.
    • Evidence of contribution to the loan scheme for a minimal duration of 6 months.
    • Photocopies of title deeds or any substantiating documents.
    • Detailed valuation report properly prepared by registered surveyors.
    • A legitimate tax clearance certificate for at least 3 years or more.
    • An approved letter of consent to your desired mortgage bank.
    • Finalized mortgage loan application forms duly signed.
    • A self-employed applicant would have to present the following: photocopies of Memorandum and Articles of
    • Association with Certificate of Incorporation.
    • Earnings receipt for the previous months for at least 3 months

    Application Procedure

    Principally, all applicants are expected to apply through any registered and licensed mortgage institution closer to them. They are not expected to apply to the Federal Mortgage Bank of Nigeria directly.

    Any primary mortgage institution which the applicant’s decide to apply with must be registered under the FMBN to be able to access all the benefits of the national housing fund facility.

    Accredited primary mortgage institutions do have the forms for applications for NHF Loans in their respective branches. Essentially, all these primary mortgage institutions registered under the Central Bank of Nigeria help in facility mortgage banking.

    Loan Offer

    An applicant is eligible to borrow a loan for a maximum amount offer of N15,000,000. Nevertheless, an individual is not expected to receive a credit loan above 90% of the value of the pledged property.

    You can receive an all-inclusive loan, personalized to your housing needs by using this housing scheme. Essentially, it gives you the opportunity to compare loans from different institutional lenders across Africa certifying you don’t miss the best choice.

    Interest Rate Applied

    The National Housing Fund Act proposes an interest rate of 6% annually.

    Loan Duration

    The loan repayment duration only lasts for as long as 30 years. Consequently, an individual who borrowed the Federal Mortgage loan shall make refund by paying in bits to the mortgage institution through which they acquired the loan.

    The Federal mortgage Bank works in a version which chooses mutual agreement with establishments that has financial and mechanical capacity which would be interested in bringing affordable mass housing scheme for the low-income earners.