Here are key factors that affect your chances of getting approved for a loan on OnePacFin:
1. Your Credit Score or Loan History
Have you borrowed before and paid back on time? Your past behavior affects your current credibility.
2. Your Source of Income
We check if you have a stable income, whether from business, salary, or side hustle.
3. BVN Verification
Your BVN helps confirm your identity and avoid fraud. It also helps us assess your financial track record.
4. Loan Amount Requested
As a new user, you might not qualify for large loans instantly. Start small, build trust, and watch your limit grow.
5. Repayment Behavior
Your ability to pay back on or before the due date increases your credibility and access to higher amounts.
Pro tip: Borrow only what you can repay. Timely repayment builds trust and helps you unlock bigger loan offers.
