How Monthly Works
Want to get a rent loan quickly? Monthly is very easy to use and this is how it works.
Get a Rent Loan in just
24 hours
Tell us about yourself
We’ll need some information about you, including your name and your address.
Specify how much you need
Tell us how much you need and how long you want to repay for. You can borrow up to ₦5m to cover your rent expenses. Do let us know if you need help finding a place.
Apply and get your loan approved
We'll tell you the amount you can borrow, what you will need to repay and over how long. Our CBN regulated finance partner would also open an account for you.
Provide us with financing info
We’ll ask you to provide bank details so we can send your money to the right place and set up your direct debit. Sometimes we may require confirmation of address and tenancy.
Sign and get your loan paid
We send your rent directly to your landlord or agency.
Start your repayment
Pay your monthly due for the duration of time you applied for.
