1. Loan Agreement Acceptance
By submitting an online application, providing biometric/BVN verification, and signing an approved loan offer sheet, the borrower legally commits to repaying the principal sum, agreed monthly interest, and one-time administrative fee according to the designated calendar schedule.
2. Repayment Obligations & Late Settlement
Scheduled loan installments must be completed on or before the due date agreed in your offer sheet. If an unforeseen hardship arises, borrowers are obligated to notify their designated loan officer at least 3 business days before the due date. Failure to repay after 30 days without communication may trigger engagement with designated credit guarantors, recovery protocols, and reporting to authorized Nigerian Credit Bureaus (CRC, FirstCentral, CreditRegistry).
3. Zero-Penalty Early Settlement
Borrowers may liquidate their active loan balance ahead of maturity with zero penalty fees. Early repayment enhances the borrower's Trust Score, making them eligible for immediate Loyalty Top-Ups up to 150% of previous limits.
4. Inquiries & Dispute Resolution
For questions, statement reconciliations, or complaints regarding your loan facility, contact our support desk via email at info@bsonhustlesupport.com, phone +234 806 019 6386, or visit our headquarters at No. 3, Okemini Road, Rumuagholu, Port Harcourt.