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8/14/2019 Risk Base Pricing Analysis.xlsx
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Principal 450,000.00 Repayment 93% 98% 103% 108% 113% 118%
Tenor 7 80,000.00 82,504.00 15,711.50 15,937.18 16,164.27 16,392.76 16,622.64 16,853.89
Rate 95% 100,000.00 103,130.00 19,639.38 19,921.48 20,205.34 20,490.95 20,778.30 21,067.37
Fee 3.1% 120,000.00 123,756.00 23,567.26 23,905.77 24,246.41 24,589.14 24,933.96 25,280.84
Prin + Fee 464,085.00 140,000.00 144,382.00 27,495.13 27,890.07 28,287.48 28,687.33 29,089.62 29,494.31
160,000.00 165,008.00 31,423.01 31,874.37 32,328.55 32,785.52 33,245.28 33,707.78
180,000.00 185,634.00 35,350.89 35,858.66 36,369.61 36,883.72 37,400.94 37,921.26
200,000.00 206,260.00 39,278.76 39,842.96 40,410.68 40,981.91 41,556.60 42,134.73
220,000.00 226,886.00 43,206.64 43,827.25 44,451.75 45,080.10 45,712.26 46,348.20
240,000.00 247,512.00 47,134.51 47,811.55 48,492.82 49,178.29 49,867.92 50,561.68
260,000.00 268,138.00 51,062.39 51,795.84 52,533.89 53,276.48 54,023.58 54,775.15
280,000.00 288,764.00 54,990.27 55,780.14 56,574.95 57,374.67 58,179.24 58,988.62
300,000.00 309,390.00 58,918.14 59,764.43 60,616.02 61,472.86 62,334.90 63,202.10
320,000.00 330,016.00 62,846.02 63,748.73 64,657.09 65,571.05 66,490.56 67,415.57
340,000.00 350,642.00 66,773.90 67,733.03 68,698.16 69,669.24 70,646.22 71,629.04
360,000.00 371,268.00 70,701.77 71,717.32 72,739.23 73,767.43 74,801.88 75,842.51
380,000.00 391,894.00 74,629.65 75,701.62 76,780.29 77,865.62 78,957.54 80,055.99
400,000.00 412,520.00 78,557.52 79,685.91 80,821.36 81,963.81 83,113.20 84,269.46
420,000.00 433,146.00 82,485.40 83,670.21 84,862.43 86,062.00 87,268.86 88,482.93
450,000.00 464,085.00 88,377.22 89,646.65 90,924.03 92,209.29 93,502.35 94,803.14460,000.00 474,398.00 90,341.15 91,638.80 92,944.57 94,258.38 95,580.18 96,909.88
480,000.00 495,024.00 94,269.03 95,623.10 96,985.64 98,356.57 99,735.84 #########
500,000.00 515,650.00 98,196.91 99,607.39 ######### ######### ######### #########
Principal 450,000.00 Repayment 2 3 4 5 6 9
Tenor 8 80,000 82,504 46,213 31,966 24,863 20,618 17,802 13,161
Rate 95.0% 100,000 103,130 57,766 39,958 31,079 25,773 22,252 16,452
Fee 3.1% 120,000 123,756 69,319 47,949 37,295 30,927 26,703 19,742
Prin + Fee 464,085 140,000 144,382 80,872 55,941 43,511 36,082 31,153 23,033
160,000 165,008 92,426 63,932 49,727 41,237 35,604 26,323
Repayment 80,502 180,000 185,634 103,979 71,924 55,943 46,391 40,054 29,613
200,000 206,260 115,532 79,915 62,159 51,546 44,504 32,904
220,000 226,886 127,085 87,907 68,375 56,700 48,955 36,194
240,000 247,512 138,639 95,899 74,590 61,855 53,405 39,484
260,000 268,138 150,192 103,890 80,806 67,009 57,856 42,775
526,459.42 400,000 280,000 288,764 161,745 111,882 87,022 72,164 62,306 46,065
31.61% 3.51% 300,000 309,390 173,298 119,873 93,238 77,319 66,757 49,356
320,000 330,016 184,851 127,865 99,454 82,473 71,207 52,646
330,000 340,329 190,628 131,861 102,562 85,050 73,432 54,291
350,000 360,955 202,181 139,852 108,778 90,205 77,883 57,581
380,000 391,894 219,511 151,839 118,102 97,937 84,559 62,517
400,000 412,520 231,064 159,831 124,317 103,091 89,009 65,807
420,000 433,146 242,617 167,822 130,533 108,246 93,459 69,098
440,000 453,772 254,171 175,814 136,749 113,401 97,910 72,388
460,000 474,398 265,724 183,806 142,965 118,555 102,360 75,679
480,000 495,024 277,277 191,797 149,181 123,710 106,811 78,969500,000 515,650 288,830 199,789 155,397 128,864 111,261 82,259
8/14/2019 Risk Base Pricing Analysis.xlsx
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Category Points SN Level
Repayment 50 1 Platinium
Top-up 50 2 Gold Plus
New Application 200 3 Gold
Reapplication 250 4 Silver
Default (30) -100 6 Standard
Default (31 < > 45) -150
Default (Above 60) -200
8/14/2019 Risk Base Pricing Analysis.xlsx
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Points Band
4500 - above
3201 - 4500
2001 - 3200
1000 - 2000
501 - 10000 - 500
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DescriptionThis is a general purpose cash loan targeted at lower to upper middle
class salary earner.
Age between 22 years and 55 years
Must be a salary earner
Must have a current account
Must have a functioning phone numberEmployer phone number to be provided
Must not be blacklisted by a Credit Bureau (30 days PDD)
Must have a pension account or Electronic Tax Card
Government Issue ID
Employee ID
Bank Statement for 6 months
Employment Letter or Pay slip (for 3 months)
Pension Statement or Electronic Tax Card
Repayment Mode Post-dated Cheque
Repayment Frequency Monthly
PERSONAL CASH LOAN
Minimum Acceptance Criteria
Document Requirement
8/14/2019 Risk Base Pricing Analysis.xlsx
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Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee
Classification
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum TenorRate
Admin Fee
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
STANDARD
BRONZE
Perks
SILVER
Perks
GOLD
8/14/2019 Risk Base Pricing Analysis.xlsx
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Rate
Admin Fee
Classification
Points
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee
Maximum Amount
Minimum Amount
Maximum Tenor
Minimum Tenor
Rate
Admin Fee
Perks
Perks
GOLD PLUS
Perks
PLATINUM
8/14/2019 Risk Base Pricing Analysis.xlsx
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Standard
0 - 500
N450,000.00
N80,000.00
8 months
1 month
95% APR (4.87% flat)
3.13 % of Loan Amount taken upfront
Bronze
N450,000.00
N80,000.00
8 months
1 month88% APR (4.49% flat)
3.1 % of Loan Amount taken upfront
Reduction in interest rate
Loan Principal increased to 400,000
Silver
1001 - 2000
N500,000.00
N80,000.00
9 months
1 month
84% APR (4.27% flat)
3.9% of Loan Amount taken upfront
Reduction in interest rate
Loan Principal increased to 500,000
Loan tenor increased to 9 months
Management fee is reduced to 3.9%
Loan will be processed with 3 hours of application
Gold
2001 - 3200
N600,000.00
N80,000.00
9 months
1 month
8/14/2019 Risk Base Pricing Analysis.xlsx
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84% APR (4.27% flat)
3.9% of Loan Amount
Reduction in interest rate
Loan Principal increased to 600,000
Loan tenor increased to 9 months
Management fee is reduced to 3.9%
Access loan via PageCredit branded Debit CardAccess to Loan 7 days a week excluding public holidays
Loan will be processed within 2 hours of application
Gold Plus
3201 - 4500
N750,000.00
N80,000.00
12 months
1 month
78% APR (3.95% flat)
4.36 % of Loan Amount taken upfront
Reduction in interest rate
Loan Principal increased to750,000
Loan tenor increased to 12 months
Management fee is reduced to 1.2%
Access loan via PageCredit branded Debit Card
Access to Loan 7 days a week including public holidays
Loan will be processed within 1 hours of application
N1,000,000.00
N80,000.00
12 months
1 month
70% APR (3.66% flat)
1.9 % of Loan Amount spread over loan tenor upfront
Reduction in interest rate
Loan Principal increased to 1,000,000Loan tenor increased to 12 months
Management fee is reduced to 1.2%
Access loan via PageCredit branded Debit Card
Access to Loan 7 days a week including public holidays
Loan will be provided with 20 minutes of application
Annual draw to reward one customer with an all-expenses paid trip abroad.