Frequently Asked Questions
Please, visit our website www.sonoracredit.com. You can also visit our office at 90, Awolowo Road, Ikoyi, Lagos.
*You need your 6 months salary bank statement till date.
*A government issued id card.
*Work id card.
*Employment letter if there is no official e-mail address.
Our minimum loan amount is ₦200,000 and maximum of ₦2,000,000
This is a CBN policy applicable to financial institutions as part of KYC requirements.
Yes, we do.
Based on the information provided by you, you do not meet the minimum requirements to access a loan.
Sonora Credit uses Risk Based Pricing model which estimates the risk of lending to each applicant and prices accordingly.
Our maximum loan repayment tenure is 12 months.
Once your application is approved, you will receive funds within 24 hours.
We will require your salary bank statement to process your application.
You may have been black listed because you contravened our business policies.
Based on the documents provided by you, you do not meet the full requirements to access a loan.
Your Debt-To-Income ratio may not be able to accommodate your loan request.
Your account officer will inform you once your loan is approved.
You can either pay directly at the bank or make an online transfer to our account details below:
Name: Sonora Credit Limited
Account Number: 6009699011
Kindly state your name and account number clearly as the depositor and ensure you notify us by email to: email@example.com