Carbon to reschedule loans for some customers who can't pay back

Everest

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The No: 1 best loan app in Nigeria Carbon is preparing to reschedule loan repayment dates for some of their customers who can't pay back during this trying time. The outbreak of Coronavirus has impacted the world and businesses negatively but Carbon still got your back.

In one of my previous posts, I praised Carbon more than any other loan app in Nigeria because they have shown more love to their customers more than any other loan provider in Nigeria and in terms of low-interest rates, they are the best.


Carbon is also the first and only loan provider in Nigeria that introduced loan top-up, with loan top up you will be able to request for a loan while still owing them but only available to those on longer loan term between 3-6 months, you can learn more about it here.

Before I received an email of the proposed rescheduling of the loan repayment terms for some customers who might not be able to repay their loan. I was wondering how those who borrowed some money from different loan providers in Nigeria are going to repay their loan since they are not doing their businesses again and some of them are even struggling to eat.

However, Carbon doesn't wait for their customers to remind them what they need to do but ready to contribute in their own way by rescheduling the loan term for some of their customers that might find it hard to repay their loan. The interesting part is that Carbon is still ready and available to offer loans to their customers despite the uncertainty that might follow later since no one can predict the end of COVID 19 Pandemic in Nigeria.

According to the mail I received from Carbon

Quote
We're still open for business, and all our teams are working hard to ensure that we serve you to the best of our ability every day. You can still get an instant loan from Carbon with no collateral or paperwork.
We're also rescheduling loans for some customers who can't pay back in these times. Over the next few days, we’ll be contacting the first set customers who are eligible. If you don’t hear from us, please continue to repay as much as you can

This is a good move and I still suggest that every other loan provider in Nigeria should follow the same footsteps because things are hard presently and if they decide not to follow the same step then they will surely record low turnout. Nigerians who are currently looking for food to eat will not be thinking about how to repay their loans.

Looking at the information provided by Carbon, what I am not clear about is the criteria they are going to use to determine who is eligible or not. But they have promised to send another mail to their customers soon and till then, how they are planning to reschedule loan term and when is not yet determined.

Still looking for where to get a loan?

Carbon is the best mobile loan provider in Nigeria but not the only one you can use. There are other trusted loan providers in Nigeria, this post will show you the 8 best loan app you can use for a quick loan.

You only need an Android smartphone to download any of the loan mobile apps from Google play store and you will have the money on your accounts in seconds. I have already discovered another loan app in Nigeria that I will be reviewing soon. Stay connected and feel free to ask any questions if you have any.


 

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