With NairaGo Loan app, you can get up to the sum of NGN500,000 instant Online loan without collateral to attend to urgent financial needs.

Put simply, you can Borrow money online with the NairaGo app.

The information provided in this article concerning this NairaGo 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.

Borrow money online with the NairaGo app. Apply for an instant loan with a flexible repayment plan and favorable interest rate.

Legitimacy Of NairaGo Loan App

The Federal competition and consumer protection commission (FCCPC) is a Nigerian Federal Government Commission aimed at protecting consumers including loan product consumets from unfair business practices. FCCPC as part of it’s mandates has approved some loan apps. follow this link to access the full list in the FCCPC website directly.

Benefits Of NairaGo Loan

NairaGo loan has the following advantages:

1. No collateral, no paperwork, safe and secure.

2. No hidden fees, no rollover fee, no transaction fees.

3.Repay your loan in time or complete increase limit tasks to build your credit line and reduce the interest rate.

Features Of NairaGo Loan

NairaGo LOAN PRODUCT has the following features:

1. Loan Amount: between NGN3000 to NGN500,000

2. Flexible repayment period: between 62days to 365days

3. Annual Percentage Rate (APR): between 24% to 56%

REPRESENTATIVE EXAMPLE

If you choose a 6-month loan and borrow NGN50,000, NairaGo charges an interest rate of 4% per month. Borrow NGN interest rate:24% and the APR is 48%.180 days repayments of NGN12,000. The total amount of payment is NGN62,000.

Requirements To Apply For And Get NairaGo Loan

To qualify to apply for and get NairaGo loan, you must meet following basic eligibility criteria:

1. Nigerian Resident

2. Aged between 20 and 60 years old

 

1. download app from plays INSTANTLY

To get NairaGo loan, simply follow the steps below:

1. Download app from playstore and register an account.

2. Fill out basic information and submit.

3. Apply for a loan online and easy to get approved.

4. Get your loan disbursed into your bank account.

Reviews From Customers Of NairaGo Loan

Many Customers of NairaGo who have used the app to access loan are happy with the app. They comment that it is fast in its processes.

However, some Customers of NairaGo comment that the app sometimes malfunctions causing delays in registration, loan application review and reflection of repayments processes.

For detailed individual review information, follow this to playstore

CONTACT Details Of NairaGo

For more information and feedbacks, you may contact NairaGo using any of the details below:

E-mail : [email protected]

Message on WhatsApp +2348120987929

In conclusion, the above information about NairaGo loan app is provided to assist you when you have need for online loan to enableĀ  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.

 

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

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

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