Pod-Credit & Device Financing

Pod is a powerful financial app designed to provide you with fast, secure, and inclusive access to essential financial services directly from your mobile phone. Whether you're looking to finance a new smartphone, access credit, or pay your utility bills, Pod brings everything together into one seamless platform. Built for Ghanaians and beyond, Pod helps individuals and small business owners take control of their finances with tools that are flexible, digital, and designed for real life. Credit Terms & Example Product Types Cash Credit: 10% monthly interest Device Financing: 12% monthly interest Loan Tenure: 90 to 180 days Processing Fee: 2% (deducted upfront from disbursed amount) Maximum APR: Cash Credit: 120% Device Financing: 144% Example 1 – Cash Credit If you borrow GHS 1,000 for 90 days (3 months) at 10% monthly interest: Processing fee (2%): GHS 20 Amount disbursed to user: GHS 980 Total interest over 90 days: GHS 300 (10% × 3 months × GHS 1,000) Total repayment: GHS 1,300 Monthly installment (approx.): GHS 433.33 Example 2 – Device Financing If you borrow GHS 1,000 for 90 days (3 months) at 12% monthly interest: Processing fee (2%): GHS 20 Amount disbursed to user or paid to vendor: GHS 980 Total interest over 90 days: GHS 360 (12% × 3 months × GHS 1,000) Total repayment: GHS 1,360 Monthly installment (approx.): GHS 453.33 Disclosures The 2% processing fee is deducted upfront, so the actual amount you receive or applied toward a device will be less than the approved loan amount. No hidden fees. Terms are clearly defined upfront. Loan approval is contingent upon a credit assessment. The minimum repayment period is 90 days. The maximum repayment period is 180 days.