BGloan offers cash loan service for Nigerians. This is a Nigerian online and secure loan app. They give corresponding loan amounts to meet your loan needs.
The information provided in this article concerning this app is based on information available from the owners of the app and in no way represents the opinion of growfinance and it’s authors.
BGloan can gives very suitable rates to help Nigerians who not only want to shop, but also who need money within a time frame.
Features Of BGLoan
The main features of BGLoan are highlighted below:
1. How much does bgloan give?
This loan app gives out loan ranging from ₦3,000 to ₦200,000
2. How long does the loan stay?
Their loan Loan period ranges between 91 and 180 days
3. What is their Interest rate?
Their interest rate ranges 0.75% to 1.9% per month, 9%-23% per annum (depending on your credit rating)
The highest loan interest rate is 23% per annum(APR).
Benefits of bgloan
The following are the main advantages of opting for BGLoan:
1.Approval within 30 seconds
2.Various loan amounts
3.No extra fees, no hidden fees
4.Flexible repayment period
5.No collateral, no paperwork, easy and fast
6.Protect your information security; our products have a high degree of security
7.24 hours service; you can apply anytime
Steps to apply for and Get bgloan Instantly
To get a BGLoan, simply follow the steps below:
1.Download BGloan app via Google Play Store on your phone
2.Fill in your phone number and receive a verification code
3.Complete your personal information to facilitate subsequent loans
4.Select your loan amount and loan time, and receive your loan on your account asap!
Example
If you choose a loan amount of ₦5000 with a loan term of 6 months, our monthly interest rate of 1.9%, will give a monthly interest of ₦5000*1.9%=₦95.
The principal and interest after the 6-month maturity will give a sum of ₦5000+₦95*6=₦5570, of which the principal is ₦5000, and the 6-month interest, ₦570.
Loan requirements for BGloan
To qualify to apply for and get BGLoan, you must meet the basic loan eligibility criteria below:
1. Nigerian citizens between the ages of 18 and 60
2. An Android phone with stable internet connection
3. Valid documentation
4. Active bank account and BVN
Is BGLoan loan App Legit?
Many users of BGLoan app applaud that the loan app is legit and that it is now working seamlessly.
However, some of the users complain about delays in disbursing their approved loans. Others complain about poor approach of customer service agents of the app
Bgloan loan customer service
This loan app is ready to meet your loan needs. If you want to know more about them, come and download BGloan
Customer Service Email: [email protected]
Consumer hotline: 09162827890
Address: 28 Ondo street, Ebute-Meta Lagos
In conclusion, the above information about BGLoan app is provided to assist you when you have need for online loan to enable you weigh this against other options open to you so as to take an informed decision. We equally advise that you check up our posts on risks associated with online loans, savings and transactions.