EazzyLoan - Loan Shark Review
Interest Rate 10%
Duration From 30 Days
Access Level Public
Company Name Equity Bank
Phone 1 +256 800 232 700
Phone 2
Website or Store https://equitygroupholdings.com/
Address
Category Safe Loan
Company Email info@equitybank.co.ug
Views 62

Step by step guide to break free from loan apps


About EazzyLoan

Need fast cash without the hassle of guarantors or lengthy paperwork? EazzyLoan offers a seamless digital lending experience, allowing you to borrow instantly through the bank’s secure mobile and online platforms. Whether you're a regular customer or a business owner, EazzyLoan provides flexible repayment options with low-interest rates and instant disbursement.

Why Choose EazzyLoan?

No Guarantors Required – Get approved based on your banking history.
Instant Disbursement – Funds reflect in your account immediately.
Flexible Repayment – Choose between 1-month or multi-month installments.
24/7 Access – Apply anytime, anywhere via mobile banking.
Low-Interest Rates – Affordable credit tailored to your needs.

How EazzyLoan Works – Simple Steps

Be an Active Bank Customer – Maintain an account for at least 3 months.

Register on Digital Channels – Use Mobile Banking or EazzyNet.

Check Pre-Approved Limit – Eligibility is based on your banking activity.

Apply in Minutes – Select EazzyLoan from the Equitel menu.

Get Instant Approval – Receive funds directly into your account.

Who Qualifies for EazzyLoan?

✔ Active bank account holder (3+ months old)
✔ Registered user of Mobile Banking or EazzyNet
✔ Meets the bank’s pre-approved credit scoring

How to Apply in 3 Easy Steps

📱 Step 1: Log in to Mobile Banking or EazzyNet.
💳 Step 2: Navigate to EazzyLoan under the Equitel menu.
💰 Step 3: Enter your desired amount, accept terms, and receive instant approval.

Why EazzyLoan Stands Out

🚀 No Physical Documentation – 100% digital process.
⏱️ Same-Day Funding – No waiting periods.
📅 Flexible Tenure – Repay in 30 days or spread over months.

Get Started Today!

Don’t let financial emergencies slow you down—EazzyLoan provides a fast, secure, and convenient way to access funds without stress. Apply now and experience the future of digital lending!


Expert Counsel

Loan Agreements in Uganda: Understanding Your Rights

Under Ugandan law, loan agreements can be deemed invalid or unenforceable in certain situations. These include:

  1. Unlicensed Money Lenders: Operating without a valid license from the Bank of Uganda can make contracts unenforceable under the Financial Institutions Act.
  2. Excessive Interest Rates or Hidden Fees: Contracts with unconscionable terms may be unenforceable under consumer protection laws, as regulated by the Uganda Microfinance Regulatory Authority (UMRA) for Tier 4 microfinance institutions.
  3. Fraud, Misrepresentation, or Coercion: Contracts obtained through deception, misleading statements, or threats can be voidable under the Contracts Act.
  4. Breach of Privacy & Harassment: Loan apps that invade borrowers' privacy or engage in harassment may have contracts that can be challenged as invalid under the Data Protection and Privacy Act.
  5. Lack of Written Agreement: While not strictly defined for all loan amounts, having a written contract is advisable for clarity and enforceability.
  6. Violation of Loan Tenure & Repayment Rules: Contracts that violate guidelines set by the Bank of Uganda or relevant regulatory bodies may be challenged.
  7. Duress or Undue Influence: Contracts signed under threats, blackmail, or undue influence are invalid under Ugandan Contract Law.
  8. Lending to Minors: Loan contracts with individuals under 18 years old may be void or voidable, depending on the circumstances, under the Contracts Act and the Children's Act.

Understanding these points can help borrowers navigate loan agreements and protect their rights in Uganda. Borrowers are advised to seek legal counsel or financial advice when entering into loan agreements.




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