Lending disclosure

The cost of borrowing, written before you borrow.

A consumer-facing summary of every charge, every consequence, and every right that comes with a MontariPay loan. Use it alongside your specific Loan Agreement, which has the numbers for your offer.

Effective: 12 March 2026Version: 2.1CBN licence: OFI/CAT-3/2024/0188Reading time: ~7 minutes

01About this disclosure

This disclosure summarises the financial terms of borrowing with MontariPay. It is prepared in line with the FCCPC Consumer Protection Framework and the CBN Consumer Protection Regulations. The numbers specific to your loan appear in the Loan Agreement generated when you accept an offer; this disclosure tells you the rules around them.

The short version. APR is fixed at the time of acceptance and disclosed up-front. We do not charge prepayment penalties. Late fees are capped per occurrence. Default consequences are spelled out in section 7.