Renmoney Loan App: Review, Interest Rate And How To Apply For Loan

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With Renmoney Instant Loan app, you can have online access to up to the sum of NGN100,000 to attend to your urgent Financial needs in addition to other benefits you will get from the app.

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.

Unlock loans, savings and much more, with the Renmoney app

Get instant cash loans with ease and convenience! Their mobile app provides fast and reliable loan services to help you handle unexpected expenses and financial emergencies. Whether you need a small loan or a larger sum, they’ve got you covered. With just a few taps, you can apply for a loan and receive the money directly to your bank account.

Key Features Of Renmoney Loan

The following are the main features of Renmoney loan:

1. Quick and simple loan application process, just 4 minutes

2.  Online loan approval

3. Instant disbursements – get your money today

4. Secure and encrypted personal information protection

4. Flexible loan options to suit your needs

5. Repayment terms that fit your budget

6. Loan amounts range between ₦5,000 to ₦1,000,000 with repayment periods from 91 days to 12 months at monthly interest rates that range from 2.12% to 2.65%

Representative example: Loan amount of ₦2,000,000 borrowed for 12 months. Monthly Interest Rate: 2.49%. Total amount payable: ₦2,338,275. APR: 29.88%. 1% mgt fee.

Steps To Apply For And Get Renmoney Loan

To get Renmoney loan simply Download  the app from Google play store now, follow the prompts and get the financial support you need today.

 

See also: Wecredit Loan app

 Benefits Of Renmoney loans

1.  If you pay on time, you get lower rates and longer time to repay on your next loan

2. No paperwork, collateral or guarantor needed

3. No hidden charges, you always see your loan terms before you commit

4. Minimum loan repayment period is 3 months

5. Maximum loan repayment period of 12 months

6.Minimum APR is 25.44%

7. Maximum APR is 31.8%

 

Your Renmoney app will make finance simple and useful, so you can do more today! You can unlock loans of up to ₦6,000,000, earn great interest on your savings, pay bills, buy airtime & make payments – all on your Renmoney app.

 

Features/Benefits Of Renmoney Savings and Deposits

The following are the main features of Renmoney Savings and deposits:

1. You can save daily, weekly or monthly

2. You can Earn competitive rates on your savings and fixed deposits

3. Track and access your money anytime, on the Renmoney app

See also: Apex loan app

About Renmoney

They’re a fintech offering digital banking solutions in Nigeria. They provide loans of up to ₦6,000,000, great interest on your savings, bill payments, airtime & money transfers via the Renmoney app. They operate with a microfinance banking license, regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC) https://ndic.gov.ng/list-of-insured-institutions/list-of-microfinance-banks/.

 

Data Security On Renmoney App

The Renmoney app has been developed using the best security and privacy standards to ensure absolute data security. When you download the Renmoney App, they will ask for your permission to verify your personal and financial information. Their app is secure to use, and they will not share your information with third parties without your consent.

Feedbacks/Reviews From Customers Of Renmoney

Many customers of Renmoney loan app who have used the app to access loan and other services comment that it works well, fast both in registration and disbursement processes.

Some Customers of Renmoney however complain that the app sometimes malfunctions causing delays in the loan disbursement and repayment processes..

 

Contact Details Of Renmoney

– Office address: Head office, 23, Awolowo Road Ikoyi, Lagos, Nigeria

– Contact number: 0700 500 0500

– Raise a help ticket within the app

– Email: [email protected]

– Visit: renmoney.com

– Linkedin: https://www.linkedin.com/company/renmoneyng/

– Twitter: https://twitter.com/Renmoney

– Facebook: https://web.facebook.com/renmoney

– Instagram: https://www.instagram.com/renmoneyng/

Privacy policy

Visit their privacy policy page to learn more about the terms of service. https://renmoney.com/privacy-policy/

 

In conclusion, the above information about Renmoney loan 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.

See also: risks of Online 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

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