Credit Score System

Build Your Credit With Every Payment

Our dynamic credit scoring system rewards responsible farmers. Make payments on time and watch your score grow automatically.

Your Score

750

Excellent
300 580 670 740 850

How the Scoring System Works

Our transparent system makes it easy to understand how your score is calculated and how to improve it.

+50

On-Time Payment

For every payment you make on time, your credit score increases by 50 points automatically.

+100

90% Bonus

Maintain a 90%+ on-time payment rate and receive a 100-point bonus to your score.

-20

Late Payment

Late payments deduct 20 points, but you can recover quickly with on-time payments.

Automated Updates

Our system automatically triggers score updates whenever a payment is processed. The formula is: Credit Score = Previous + (On-time ? 50 : -20)

Why It Matters

Your Score Opens Doors

A higher credit score means better loan terms, lower interest rates, and access to larger amounts. Here's how our system benefits you.

Lower Interest Rates

Higher scores qualify for our best interest rates, saving you money over the life of your loan.

Higher Loan Limits

As your score grows, you become eligible for larger loan amounts.

Faster Approvals

Higher scores may qualify for instant approval on future loans.

Better Terms

Access longer repayment terms and more flexible options.

Score Tiers & Benefits

Excellent 750-850

Best rates, highest limits, instant approval

Good 670-749

Competitive rates, higher limits, fast approval

Fair 580-669

Standard rates, moderate limits

Building 300-579

Higher rates, start building your score today

Tips to Boost Your Score

Follow these strategies to maximize your credit score growth.

1

Set Up Auto-Pay

Never miss a payment by enabling automatic payments. This ensures you always pay on time.

2

Pay Early

Don't wait until the due date. Paying early shows responsibility and protects against delays.

3

Maintain 90%+ Rate

Keep your on-time payment rate above 90% to earn the 100-point bonus.

4

Monitor Your Dashboard

Check your dashboard regularly to track your score and see upcoming payments.

Score Progress Dashboard

Current Score

750

+150 this month

On-Time Rate

95%

Bonus eligible!

Next Payment

₦45,000

Due in 5 days

Start Building Your Score Today

Apply for a loan and begin your journey to financial growth. Every payment counts toward a brighter future.