How to Close, Delete or Deactivate your Naira Loan Account Easily

Naira Loan is a mobile loan app that offers quick and easy access to personal loans in Nigeria. The app is available for download on the Google Play Store and allows users to borrow up to N500,000 without collateral.

To apply for a loan, users simply need to create an account with the app and provide some basic information, such as their name, phone number, and bank account details. The app uses this information to assess the user's creditworthiness and determine their eligibility for a loan.

Once a loan has been approved, the funds are typically disbursed into the user's bank account within 24 hours. Loans can be repaid in flexible installments over a period of 91 to 360 days.

Naira Loan app is a convenient and affordable way to access loans for emergencies, unexpected expenses, or other financial needs, but if you are in a situation that you need to close, delete, or deactivate your Naira Loan app, this blog post will cover everything you need to know.

Why Close Your Naira Loan Account?

There are a few reasons why you might want to close your Naira Loan account:

You have found a more affordable loan option: If you have found a lender who offers lower interest rates or fees, you may want to close your Naira Loan account and switch to the new lender.
You are no longer using the loan for its intended purpose: If you took out a loan for a specific purpose, such as a car repair or medical bill, and you have already used the funds for that purpose, you may want to close the account.
You are concerned about the security of your personal information: Naira Loan collects personal information from borrowers, such as their name, address, and Bank Verification Number (BVN). If you are concerned about the security of your personal information, you may want to close your account.
If you no longer use the account or service: If you have not used your Naira Loan account in a while, it may be time to close it. Keeping unused accounts open can be a security risk, and it can also lead to unnecessary fees.

How to Close, Delete or Deactivate your Naira Loan Account Easily

If you have decided to close, delete, or deactivate your Naira loan account, the best way to do so is to contact the customer care department of the financial institution or lending platform from which you obtained the loan.

Steps to Close, Delete, or Deactivate Your Naira Loan Account

Collect all the necessary information related to your Naira loan, such as your loan account number, loan agreement details, and any relevant documents or identification proofs. Having these details ready will help the customer care representative assist you more effectively.
Visit the official website of the financial institution or lending platform from which you obtained the Naira loan. Look for their customer care or contact information.
Decide whether you prefer to contact customer care via phone, email, or live chat. Phone calls or live chats often provide more immediate assistance, while emails allow you to document the communication for future reference. Select the contact method that suits your convenience.
Reach out to the customer care team using the contact details you obtained. Clearly explain your intention to close, delete, or deactivate your Naira loan account. Provide them with the necessary information and any specific instructions regarding the closure process, if applicable.
Follow the instructions given by the customer care representative to complete the closure, deletion, or deactivation of your Naira loan account. They may ask for additional information or documentation, so be prepared to provide them promptly.
Once the closure process is initiated, ask for confirmation that your Naira loan has been successfully closed, deleted, or deactivated. Request written confirmation or any reference numbers related to the closure for your records.

FAQS

How can I stop loan app harassment in Nigeria?

Loan app harassment in Nigeria is a growing problem. To stop them, make sure you pay off any money you might be owing them. But in the case where you are not indebted to any loan app, all you have to do is to warm them and block the number.

Can loan app access my contacts if uninstalled?

Yes, loan apps can still access your contacts even if you uninstall the app. This is because when you install a loan app, you grant it permission to access your contacts. This permission is not revoked when you uninstall the app.

If you are concerned about loan apps accessing your contacts, you can revoke the permission in your phone's settings. To do this, go to your phone's settings and then to the "Apps" or "Permissions" section. Find the loan app and then tap on "Permissions". From there, you can revoke the permission to access your contacts.

How do I cancel my OKash loan?

To cancel your OKash loan, you can contact OKash customer support. You can do this by phone, email, or through the OKash app.

When you contact OKash customer support, you will need to provide your name, contact information, and loan account number. You will also need to explain why you want to cancel your loan.

OKash customer support will review your request and then let you know if your loan can be canceled. If your loan can be canceled, you will be given instructions on how to do so.

Can I cancel my loan?

In general, you cannot cancel a loan once it has been approved and disbursed.

How can I delete my account in Okash app?

To delete your OKash account, you can contact OKash customer support. You can do this by phone, email, or through the OKash app.

When you contact OKash customer support, you will need to provide your name, contact information, and loan account number. You will also need to explain why you want to delete your account.

OKash customer support will review your request and then let you know if your account can be deleted.

Conclusion

Closing, deleting, or deactivating your Naira loan account can be a beneficial decision for a number of reasons. If you have considered the pros and cons and decided that closing your account is the best option for you, be sure to follow the steps outlined in this blog post.

If you have any questions or concerns about closing your Naira loan account feel free to drop a comment.