Step 1: Log in to your First Circle Account. In the homepage section of your account, you will see the meter card. The meter card will show once we have verified all the requirements you submitted. This will also show your available and total credit limit, your credit limit's expiry date, and of course the ability to drawdown funds.
Please note that the amount in your meter card will adjust in case you have any outstanding loans or pending loan offer.
Step 2: To drawdown, click on 'Take Out A Loan.' Then, you will be redirected to Customize Your Loan Details page.
Step 3: In the Customize Your Loan Details page, select your preferred amount, loan duration, and payment frequency.
- Choose loan amount - Feel free to slide to the amount that you prefer to borrow.
- Choose a loan duration - Select from 1-6 months by clicking on your preferred loan duration.
- Choose how often you want to pay back - Select your payment frequency by clicking whether you want to pay us back monthly, every 2 weeks or one-time repayment.
- Review your loan details - On the right side of your screen, you will be able to see the summary of your loan details based on the terms you have chosen. You can toggle the arrow button for more information about your chosen loan terms. Then, click on 'Next'
Step 3: Once you have selected the preferred loan terms, you may click on 'View Payment Schedule and Fees' to check on the due date/s and repayment amount/s.
Step 4: Once everything is set, click on 'Confirm' to send the request for drawdown. However, if you wish to change your loan terms, you may click the 'Change loan terms' button then you will be re-directed to Step 2 to change your loan details.
Step 5: Sit back, relax, and wait for your loan offer request to be approved. You will receive the loan contract in your registered e-mail address once approved.
