Aella: Savings, Loans, Bills 9.20.4

Aella is a fintech company that aims to simplify instant credit and payment solutions for emerging markets. Their products include loans, investments, bill payments, micro-insurance plans, and money transfers.

What Aella Offers:

• Aella Credit: Offers quick and easy access to loans in just 5 minutes. No paper documentation required. Users can build their credit score and increase their credit limit through prompt repayments. All that's needed is basic information, BVN, and a smartphone (iOS or Android).

Loan Rates and Fees:

• The loan ranges from ₦2,000 to ₦1,500,000 with a tenor of 61 days to 365 days.
• Monthly interest rate ranges from 2% - 20% and the APR from 22% - 264%/annum.

Example: A loan of ₦100,000 on Aella App has a fee of ₦15,000 after 180 days. There are no late penalties or hidden charges. The customer would pay back ₦100,000 (principal) + ₦15,000 (flat fee) = ₦115,000 in total. The customer's Annual Percentage Rate (APR) is 15%. They have flexible tenors for up to 6 months with the ability to make early repayments at any point in the tenor with further discounts.

How to Apply:

1. Download the Aella App
2. Create your account
3. Update your profile
4. Check eligibility
5. Apply for a loan
6. Receive funds in your app instantly

Aella Pay: Simplifies bill payments, including airtime, power, internet data, and transfers, with no extra cost.

Aella Care: Provides a simple and quick process for getting affordable healthcare plans and convenient access to hospitals and drug prescriptions across Nigeria.

Why Choose Aella App?

• Quick and easy loans up to ₦1,500,000. They deliver on their promise of 5 mins.
• Up to 60% interest cut on early repayment.
• No agency/convenience fees for any bill payments.
• Securely store money in your app without any fees.
• Transfer money to any bank account across Nigeria using the app.

Privacy and Permissions:

Aella respects your privacy and is committed to protecting your Personally Identifiable Information (PII). They may collect data from your device for proper identity verification, loan eligibility determination, and other legitimate purposes. Learn more about their privacy policy on https://aellaapp.com/privacy-policy.

Contact Us:

You can reach Aella at support@aellacredit.com or through the in-app chat for quick assistance from their customer service team. Follow them on Instagram (@Aellaapp) and Twitter (@Aella). For more information, visit their website at https://aellaapp.com.