Free interest personal loan app
Easy Money Loan Personal Loans is a free Android banking app that offers personal loans. The app is reserved for Nigerian residents. It offers loans with low interest and zero collateral. However, it offers personal loans only, and there are conditions to see your loan request granted.
The information you need to provide is basic, and the Central Bank of Nigeria backs up every loan. It also ensures that all your transactions remain secure so no one steals your funds. For more loan apps, you can try Zenka Loan, SmartLoan or CashApp.
Loan requests
The app will ask you to provide personal information to get started with a loan. You’ll have to provide your name, family name, proof of residence, and proof of income. When you ask for a loan, it’s transferred directly into your bank account.
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Safety
Loans are performed online with an intuitive user interface, and the procedure only takes a few minutes. Microfinance Banking Business registered with CBN (Central Bank of Nigeria) ensures every transaction is safe and guaranteed.
About the loan
When your loan is granted, you can ask for up to NGN80,000; the reimbursement can last three to six months. The loans have an interest rate of 12 to 24% depending on the person, period, and amount requested, or 4% per month. Easy Money Personal Loans doesn’t charge rollover, and you won’t experience origination fees or transaction fees.
Quick personal loans
Easy Money Loan Personal Loans lets you get a personal loan with low interest and will not ask for collateral. It offers financial solutions for people who need to buy something online with a reasonable interest rate. Best of all, you can withdraw the money right away since it’s transferred directly into your bank account. You can download the app and make your loan request for free if you’re of legal age in your jurisdiction.
The loans you can contract are flexible and with low-interest rates and, more importantly, no fees whatsoever. The amount you can request is lower than with traditional banks, but it’s enough if you need to buy something online and don’t have the liquidity required.
