Money in Minutes Loan App Review
Money in Minutes is an instant loan app that provides instant loans to Nigerians. The give loans from 25,000 naira to 2,000,000 million naira with a repayment period of 4 to 12 months.
Is Money in Minutes Loan App Legit or Scam
Money in Minutes loan app is legit and genuine. Many people have been using it to get instant loans. If you notice any irregular transaction contact Money in Minutes customer service.
Is Money in Minutes Loan App Safe
Money in Minutes app is very safe and secured. All your information are protected, privacy is guaranteed and transactions are secured.
When you download Money In Minutes, they will ask for your permission to access your financial data and other information in order to verify your identity, creditworthiness, and provide you with an instant loan.
They also use this to help you better understand and improve your finances with our credit score builder.
They take privacy seriously and all data you share with us is encrypted and your personal data will never be shared without your consent.
Money in Minutes Loan Interest Rate
Monthly interest rate ranges from 4% - 30% and the maximum Annual Percentage Rate (APR) is 360%
Representative Example:
Loan Amount: ₦1,000,000.
Loan Tenure: 12 months
Number of Repayments: 12
Monthly Interest Rate: 4%
Monthly Repayments: ₦106,552.17
Total Amount Payable: ₦1,278,626.07
APR: 48%
No other fees charged
How Much Can I Borrow From Money in Minutes Loan App
With Money In Minutes you can apply for a loan of 25,000 - 2,000,000 without collateral and repay in 4 - 12months.
Requirements To Get a Loan From Money in Minutes Loan App
To get a loan from Money in Minutes app:
- You must reside in Nigeria
- You must have a BVN
- You must have a source of income
- You must be between 22 to 55 years
How To Apply For Loan On Money in Minutes Loan App
To borrow money from Money in Minutes app:
- Download Money in Minutes loan app
- Register with your correct details
- Request for a loan
- Get the loan
How Long Does It Take Money in Minutes Loan App To Give a Loan
It takes few minutes to hours depending on the amount.
How To Repay Money in Minutes Loan
Simply login to the Money in Minutes app, go to the repayment option, choose a repayment method you are okay with to repay the loan.
Money in Minutes Loan Customer Care
To contact Money in Minutes customer support visit the contact us option on the app.