Ready to Use Vida’s Buy Now, Pay Later? Here’s What You’ll Need?

Before you can access a loan, it’s important to have your credit profile properly set up. This helps us confirm your eligibility and ensure smooth repayment when the time comes. Below are the key requirements you need to know;

1. Bank Verification Number (BVN)

Your BVN is essential for identity verification. We will also verify the phone number linked to your BVN. If you no longer use that number, don’t worry, we can confirm your identity through an alternative active phone number.

2. Income/Salary Account Information

We need the details of your salary or income account. This account must have been active for at least 6 months and should contain a minimum balance of ₦4,000, which will be used as a service charge for creating your credit profile.

3. Alternative Commercial Bank Account

In addition to your salary account, you’ll also need an active account with another commercial bank. This account should have at least ₦100, which will be used to link your account for repayment when you eventually take a loan.

4. Income History

We’ll review your past income inflows to better understand your repayment capacity. A consistent income history increases your chances of being approved.

5. Personal Information

Finally, we’ll collect your basic personal details to complete your profile. This includes your full name, contact information, and other required identification data.

To get started, visit  https://app.mycreditprofile.me/