MySpecta

With MySpecta you can access a personal loan of up to N5Million without collateral in 5 minutes.

Take a Personal Loan

Specta4Business

With Specta4Business you have access to loans within 5 minutes to enhance your business. Start your Journey.

Take a Personal loan

Specta Fees

Interest rate on Loan: 25.5%-28.5%* . One off payment for Insurance: 2.5% . One off payment of Management fees: 1% . Repayment Period: 1-12months . Penalty fee- 1% .


Representative Example

Let’s look at Emeka. Emeka gets a loan of N2,000,000.00 from Specta for the duration of 12 months, Emeka’s interest rate will be 25.5% and he will have to pay back N188,400.98, monthly for 12 months. This is exclusive of management fees (1%) and Insurance fees of (2.5%) which are one off fees which he will still have to pay in addition to his monthly payment of N188,400.98. If Emeka defaults in paying back the loan, his default attracts a penal fee of 1% monthly.
* Loan rate may vary based on the risk rating analyzed by the system.

  • Contact Address: Sterling Towers, 20 Marina, Lagos Island, Lagos.

  • Contact Email: specta@sterling.ng

  • Contact Phone: 08170852820 | 08170852815