FairMoney Loan App Review: Trusted or Scam ? Read now!

Welcome back everyone to another legit reviews, we would be considering about this intriguing app which is the FairMoney loan app. This app has helped many people in Nigeria.

It’s quite unfortunate that the app which is cash Loan app is currently supports Nigerian only.

In today’s article, we are going to give accurate answers to all frequently asked questions about FairMoney.

By the end of this article we at ms-legit is sure you must have arrived on the right track to make a perfect decisions on if FairMo m lney loan app is legit, fake or scam, as we assure every piece of information provided in this article is authentic.

Without wasting much of your time, let’s quickly get started with FairMoney Loan app review.

But before we get started properly, bear in mind that in this FairMoney loan app review, we are going to touch on various aspects of FairMoney, which would enable you to know wether this new making money website is trustworthy or fraudulent.

What is FairMoney Loan App ?

Fairmoney loan app is a licensed online lender, that provides instant loans and bill payments. You can get loans from 1,500 naira to up to 1 million naira on Fairmoney.

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Once you download the fairmoney app and sign up, you can get a loan on fairmoney in just 5 minutes without any paperwork or collateral.

To get started, you can visit the website https://fairmoney.ng and download the app, which is only currently available to android users.

You can enjoy up to 18 months’ installment repayment on fairmoney, depending on your credit score & history.

How to apply for loan on FairMoney ?

To get started, you will need an android phone to download the fairmoney app. The next step is to sign up with the phone number linked to your BVN (bank verification number).

You will have to answer a few questions and confirm your identity before you can receive a loan offer. If you accept it, you will receive your loan instantly in your bank account.

FairMoney Loan App requirements ?

To get a loan on fairmoney, you don’t need any paperwork or collateral. All you have to do is provide the required details, and you will be well on your way to receiving a loan.

READ ALSO:  Step by Step ways to get a loan on Palmcredit.

FairMoney loan app interest rate

The fairmoney interest rate varies based on your profile. It is usually from 2.5% to 30% per month (APR – 30 to 260%).

FairMoney loan repayment ?

To repay your loan: Click on the “Repay” button on the app to pay with a debit (ATM) card, USSD or automatic bank transfer (via your providus wallet).

  • Click on “loan details” on the home screen.
  • Click on “pay”
  • Select “Full loan amount” to pay your loan in full or select “Enter amount” to manually enter the amount you will like to pay
  • Click on “NEXT”

FairMoney customer service ?

If you want to get in touch with the fairmoney customer support, you can do that by shooting them an email at help@fairmoney.ng

Is Fairmoney loan app legit ?

Fairmoney loan app is legit. Reading reviews online, you can get a loan of up to 1,000,000 naira easily in just a few minutes without the need for many paperwork or collateral.

READ ALSO:  Step by Step ways to get a loan on Palmcredit.

The few complaints I have seen about Fairmoney loan app is a little bit about their interest rate, but other than that, it looks a good option to get a loan.

Don’t just take my word for it, make sure you do your own research about Fairmoney before taking a loan.

You can leave your reviews in the comment section below.

You can pay using bank transfer, USSD transfer and debit (ATM) card.

Why was my loan application rejected ?

Not enough information found on the phone: You should increase your phone usage (Calls/SMS) to be eligible.

They decided not to give you a credit at this time after analyzing your profile. Keep using your bank account with healthy revenues to get a loan soon.

Why can’t I connect my card ?

Ask your bank to enable your card for online transactions. You should be able to receive an OTP (One-Time Password) on your phone.

Conclusion on FairMoney Loan App Review

Thanks for stopping by to read this article to the end, we look forward in seeing you safe and guided.

If there is more you want to add to this review, feel free to drop it on the comment section below.

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