FriMoni loan app review, is it legit? How to apply

FriMoni loan app is a new lending platform in Nigeria which offers simple and quick loan to customers who apply for loan. This loan app lends loan of up to ₦200,000 to people as long as you meet their requirements.

This means that if you are looking for a personal loan to satisfy urgent personal needs, this loan app is a good option for you. For those who are in business too, they can take advantage of this loan app to increase their stock and make more sales.

The most fascinating thing about FriMoni loan app is that it offers unsecured type of loan unlike bank loans or loan from other financial institutions. This implies that you do not need any paperwork, upfront fee nor collateral to borrow money from them. In addition, the interest rate they offer is fair when compared to loan from banks.

In this article, I will show you how to get a loan from FriMoni, the requirements, interest rate, benefits of getting loan from them and their customer care service.

How to get a loan from FriMoni

1.Download FriMoni loan app

Use your Android device to download FriMoni from the Google Play store

2.Create your account

Fill out your information within 2 minutes and submit for quick approval

3.Choose a loan offer

Choose the loan amount that meets your need and submit your loan request

4.Get funded

Money will be directly deposited  into your account

Benefits of getting loan from FriMoni

FriMoni provide you with a variety of loan products with different terms, you can choose the loan term and loan amount you need and Application process is simple and all online based.  Money will be directly deposited into your account within minute.

Loan Term 

FriMoni loan app has a flexible term structures from 91 days to 365 days

Interest rate

They offer an annual percentage rate (APR) is bebtween 12%~30%

Example
We will charge you APR of 12% for 3-month NGN20,000 loan, which means you need to repay NGN21,500 when loan is matured.

Loan requirements

1. Nigeria resident

2. 18-60 years old

3. Active Phone number

4. Bank account with BVN

FriMoni customer care service 

if you have any feedback or questions, they are always happy to hear from you!
• We are available 247 to assist you with your request
• you can contact them through the Customer Service Email fric@frimoniapp.com

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