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.
Features of Myloan plus loan app
Loan Term
This loan app offers loan from 91 days to 365 days;
Loan Amount
They can give you loan ranging from ₦3,000 to ₦50,000;
Interest rate
The maximum APR is 36% with an equivalent maximum monthly interest of 3%.
How to get loan from Myloan plus loan
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 would 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: services@myloanplus.net
Company Address: 3A Idowu Olaitan St, Gbagada 102216, Lagos, Nigeria