MyLoan Plus App – Review, How To Get The Loan, Requirements

Myloan plus loan app is a lending platform in Nigeria that gives instant loan to interested customers. With this loan app, you can enjoy higher limit lower interest unlike bank loans.

So, when In urgent need of cash which you wish to sort out using loan, no need to worry as with Myloan plus, you can have immediate access to up to NGN50,000  instant online loan.

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.

Features of Myloan plus loan 

Listed below are the main features of Myloan plus:

1. Loan Term

This loan app offers loan from 91 days to 365 days;

2. Loan Amount

They can give you loan ranging from ₦3,000 to ₦50,000;

3. Interest rate

The maximum APR is 36% with an equivalent maximum monthly interest of 3%.

How to get loan from Myloan plus

To get loan from. Myloan, simply follow the steps below:

1. Search “Myloanplus” from the Google Play Store and download it.

2. Register Sign up with your phone number(linked to your BVN)

3. After that, the money will be disbursed to your bank account.

 

Note: Myloanplus provides smooth services for you to get loans anywhere, 7/24. Make sure you do not have any outstanding loan from any other loan app before borrowing.

Requirements

As long as you are of Nigerian nationality,and your age among 20-55, you can get a loan from Myloanplus.

For example:

If you apply for a 91-day loan, there would be an origination fee of 9%, which means the interest rate per month is 3%.

For the loan processed with principal amount of NGN3,000, the interest fee would be NGN3000*9%=NGN270.

Interest per month à be NGN3000*3%=NGN90. The total amount due in 91 days would be NGN3000+NGN3000*9%=NGN3,270.

Data protection

This loan app consider data security a high priority, so we have the technical, physical, regulatory, and legal mechanisms to protect your information.

Examples are servers with high computer security and SSL certificates for secured connections to protect your privacy.

Feedbacks From Users Of MyLoanPlus app

Many users of of MyLoanPlus app comment that it is one of the best online loan apps as it worked well for them during emergency.

However, some users complain about delays both in sending their approved loan money and in reflecting repayments in their accounts.

 MyLoanPlus Contact details

Email: [email protected]

Company Address: 3A Ido

wu Olaitan St, Gbagada 102216, Lagos, Nigeria

In conclusion, the above information about Myloan plus app is provided to assist you when you have need for online loan to enable pou 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.

 

Equally note that our website, growfinance, neither provides loans and other  banking services nor promotes any app over the other but merely gives information to the public based on information available from app owners

For updates on the new loan 5apps and other grow finance articles join our group by Clicking this link

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *