Basic information about Social Lender: Web Channel in Nigeria

Hey, we are bringing you some information about the Social Lender web channel today!

Social Lender is a lending solution based on the Social Reputation that users have built for themselves online, on their various social media platforms.  Quick cash is approved on Social Lender based on your Social Reputation.

This has been put together to answer some of the questions users have had about the Social Lender platform. This post  focuses on the Web Channel which is one of the 7 available channels on Social Lender in Nigeria. Watch out for a similar post about our other channels in the future.

The Dashboard

The Dashboard is where you carry out most of your Operations on Social Lender. Here, your current Social Reputation score is shown, alongside your active cash request and your wallet. Also, the history of your previous cash requests on Social Lender is shown. 

A minimum Social Reputation Score of 15% is needed for your first cash request for every Social Lender Partner. 

To improve your Social Reputation Score, click on the “Improve your score button” or you could proceed to add additional data, friends, referees or guarantors.  You can also grant access to other social media accounts (Facebook, Twitter, LinkedIn) that you don’t yet have on your Social Lender profile to improve your Social Reputation score. You can also download the Social Lender Data Manager Mobile App. 

Your reputation score needs to be at least 15% to borrow a loan of 3,000 Naira;

To-Do List

As a user, a to-do list is provided. Checking the items on this list one after the other completes your registration on Social Lender and also helps to increase your score.

Inviting Friends

The Social Lender platform is one that is based on Social Reputation on Online, Mobile and Social Media Platform.  The user connections  and the community around the user. like Social Lender friends friends are a part of the User’s Social Reputation.

To invite Friends: Navigate to the Friends tab, click on “Invite Friends” and select a medium to invite friends (via emails only)

Social Guarantors and Social Referees

Your Social Guarantors and Social Referees are a part of your Social Reputation on Social Lender.  They help improve your Social Reputation Score on Social Lender  which helps predict whether or not you are reputable, trustworthy and/or creditworthy.

To invite a Social Guarantors on Social Lender, navigate to the guarantor tab, Click on “Add Guarantor”,

If your prospective Social Guarantor is not yet on Social Lender, You can click a  a link that says “Don’t have friends on Social Lender? no problem! click here to send them a guarantor request.”

Kindly click on the link and proceed to carefully fill the guarantor request form. Note they have to accept your request,  log onto the platform and add their card details to be valid.

To invite a referee, navigate to the Referee tab, Click on “Add Referee”. If your prospective Social Referee is not yet on Social Lender,  You can click a link that says “Don’t have friends on Social Lender? no problem! click here to send them a referee request.”  Kindly click on the link and proceed to carefully fill the referee request form.  Note they have to accept your request and log onto the platform to be valid

Basic Information

Filling out the basic information fields helps Social Lender to know you better. Social Lender using  Artificial Intelligence some of the information provided will be verified as part of  your Social Reputation.  We’re about connections, aren’t we?

Finally, Making Cash requests

We advise you don’t wait till you are in need of cash before you Improve your Social Reputation on Social Lender.  With a qualifying Social Reputation Score, you can simply send an SMS to the platform to get cash within 5 minutes.

It  takes only minutes to get your cash loan disbursed to you. Make sure you check the terms and conditions box to before you try confirming your loan request. Make sure you also meet all the Pre-submission requirements before submitting your Cash Request.

We hope this information has been helpful to you.

Thank you for using Social Lender.