Terms & Conditions
Effective: 1 June 2026
1. Acceptance
By creating a Gifortune account or applying for a loan, you agree to these Terms, our Privacy Policy, and any loan agreement you sign.
2. Eligibility
You must be at least 18 years old, resident in Nigeria, have a valid BVN, NIN, and a Nigerian bank account in your name, and verifiable monthly income of at least ₦150,000.
3. Loan terms
Loans range from ₦50,000 to ₦5,000,000 with tenures of 1 to 12 months and interest capped at 4% per month. The exact terms of each loan are set out in your individual loan agreement.
4. Repayment
You authorise Gifortune to collect repayments via direct debit, card charge, or other lawful means on each scheduled due date. Late payments incur a fee of 1% of the outstanding balance per week, capped at 10%.
5. Default & recovery
On default we may report you to credit bureaus and pursue lawful recovery. We never harass, abuse, or contact-shame our customers; any recovery agent acting on our behalf is bound by the FCCPC Limited Interim Regulatory Framework for Digital Lending.
6. Prohibited use
You agree not to use Gifortune services for any illegal activity, money laundering, terrorism financing, or fraud, and not to provide false or misleading information.
7. Limitation of liability
To the maximum extent permitted by Nigerian law, Gifortune is not liable for indirect, incidental, or consequential damages arising from your use of our services.
8. Governing law
These Terms are governed by the laws of the Federal Republic of Nigeria. Disputes are subject to the exclusive jurisdiction of the Lagos State courts.
9. Contact
Questions:legal@gifortunequickloans.com.ng· 07071630733.