Easybuy has been around for a while now and has been providing mobile lending services to its customers. Due to the Economic situation in Nigeria, many people have been finding it difficult to save up for their Smartphone of choice.
Easybuy has been at the rescue, and people have been enjoying their services. If you want to know Easybuy Phones and Prices for 2023, then you are at the right place.
We are going to share the prices for every phone brand and model you want. but before then let’s take a look at some specific things.
Table of Contents
What Is Easybuy?
EasyBuy is a financing program from Palmcredit that allows customers to purchase mobile phones on loan and pay for them in installments.
This program is designed to make it easier for people who may not have the full amount to purchase a phone outright to still acquire the device they need.
Easybuy Phone Prices 2023
We are going to tabulate all the Easybuy phone Prices for 2023 below, to help you choose the particular one you want.
NOTE: Due to the Unsatble nature of the naira against the dollar, there might be a fluctuation in the prices of all these phones.
How To Buy Your Smartphone With EasyBuy Loan In Nigeria
To buy your smartphone with EasyBuy Loan, there are certain necessary steps you need to follow. So, let’s take a look at them.
1. Locate an Easy Buy Agent
EasyBuy agents are typically located in major cities and towns across Nigeria. If there are no agents in your immediate area, you may need to travel to the nearest city to access EasyBuy’s loan services.
You can find Easybuy Agents in major Smartphone stores in your City because they are always attached to the major phone brands in Nigeria such as Tecno, Infinix, and itel. you can easily recognize them from the Easybuy Branded shirt they normally wear.
Alternatively, you can also contact EasyBuy customer support by phone or email and ask for assistance in locating an agent in your area. Their contact details can be found on the EasyBuy website.
2. Provide The Necessary Information
To apply for an EasyBuy loan in Nigeria, you must provide personal and employment information to the Easybuy agent to quicken the whole process.
Note: The information you provide will be used to assess your creditworthiness and ability to repay the loan. Therefore, it’s essential that you provide accurate and up-to-date information. Any false information provided may result in your loan application being declined.
3. Select Your Smartphone of Choice
After providing the necessary information, you will be asked to select the type of phone you want from the Easybuy list of phones. Make sure you choose the phone with the appropriate specifications and features you want. you can still ask the agent questions if you are confused.
4. Sign Up For The Easybuy Loan
The Easybuy Agent will help you register on the Easybuy website to secure the loan which will be used for the purchase of the phone. You will be required to do a capture for proper facial identification.
5. Make a 30% Down Payment
You are required to make a 30% down payment for any particular smartphone you are choosing, to help facilitate the whole process. Left For me, I would say that a 30% Down payment is ok and fair for both parties involved.
6. Provide Referees
This is one of the most difficult yet most important stages of the loan acquisition, you need to provide Easybuy with the names and phone numbers of 4 Close People to you.
It’s very important that you tell them before putting up their names as Referees because Easybuy is definitely going to contact them if you default in paying the loan.
Easybuy Phones Website & Email Adress
So many people are finding it challenging to locate the Easybuy website, and also in finding their contact addresses. I have decided to include it here, in case you want to lay a complaint about anything.
The Easybuy website is easybuyng.com where you can check out available products, apply for loans, and manage your account.
You can also find Easybuy Nigeria on social media platforms such as Facebook, Twitter, and Instagram, where you can stay up-to-date on their latest offerings and news.
How Do I Pay Back Easybuy Loan In Nigeria?
There are several ways to pay back an Easybuy loan in Nigeria. Here are some common methods:
✔️EasyBuy App: Download the EasyBuy app on the Google Play Store and log into your account to repay a loan.
✔️Bank transfer: You can also make loan payments by transferring money from your bank account to Easybuy’s account. To do this, you will need to get Easybuy’s bank account details and use them to initiate the transfer.
✔️Payment at Easybuy’s office: If you prefer to make payments in person, you can visit an Easybuy office and make cash or check payments. Be sure to bring your loan account number and any other required information to ensure that your payment is credited correctly.
✔️Mobile payment: Easybuy also accepts payment through mobile payment services like Quickteller and Flutterwave. To make a payment through these services, you will need to provide your loan account number and follow the payment instructions.
Note: You need to have enough funds in your account to cover the loan repayment amount before initiating the payment through the Easybuy app. Also, make sure that you have selected the correct loan account and payment method to ensure that your payment is credited correctly.
What Is The Interest Rate On Easybuy Phones?
The interest rate on Easybuy phones varies depending on the loan tenure. For a 3-month loan, the interest rate is between 6% and 9% per month. For a 6-month loan, the interest rate is between 7% and 10% per month. The exact interest rate will be determined by your credit history and other factors.
What are The Disadvantages of Easybuy?
Here are some of the Disadvantages of Easy Buy:
✔️High-interest rates. The interest rates on Easybuy loans are relatively high, which means that you will end up paying more for the item you purchase in the long run.
✔️Late payment fees. If you miss a payment on your Easybuy loan, you will be charged a late payment fee. These fees can be substantial, so it is important to make sure that you can make your payments on time.
Ensure that you repay your loan on time to avoid late fees and penalties for missed or late payments. These fees can quickly add up, making it harder for you to pay off your loan. It’s important to read all the terms and conditions before signing up for the Easybuy loan.
Welcome to PriceCondo! We're here to help you find the best prices for gadgets, phones, and more! Our website is made to give you all the info you need for shopping. We do a lot of things, like showing you prices, writing reviews, and making guides to help you decide what to buy.
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