Easy Money Loan Personal Loans

Easy Money Loan is an Instant Personal Cash Loan app where one can avail EMI without credit card for online purchase of your favorite products and also a revolving line of credit Fast Cash loan at low-interest rate with zero collateral. All loan-products approved by Microfinance Banking Business registered with CBN and communicated to users during online loan application.

[Loan Product]
Loans amount: NGN1,500 to NGN80,000
Loans tenure: 3-month to 6-month.
Loans interest rate: 12% to 24%, Equivalent Monthly interest 4%, the Annual Percentage Rate (APR) is 48%
Origination Fee: No
Transaction Fee: No
Rollover Charge: No

Example:
If you borrow NGN80,000, monthly interest rate of 3.9% with a 6-month loan, the APR is 47.45%.
The interest and total amount calculation:
Loan amount: NGN80,000
Interest: NGN18,720=Loan principal×Monthly interest rate×Months=(80,000×3.9%×6)
Handling fee: 0 =Loan principal×Fees rate=(80,000×0)
(total repayment amount):NGN98,720=Loan principal+Interest+Fee
=(80,000+18,720+0)
Monthly repayment = total repayment / loan months
Monthly repayment =NGN98,720/6=NGN16,453.33

[How we are different]
1. Easy Money Loan offers flexible loan products
2. Only three steps to Your loan:
- Register
- Get Approval
- Disbursement to your bank account
3. Repay your loans in time or complete Increase Limit tasks to build your credit limit and reduce on interest rate.

[About Permission]
Easy Money Loan request SMS permissions for financial SMS which helps us identifying user's credit eligibility. Easy Money Loan don't collect, read or store user's personal SMS.
We only check financial transaction text messages when necessary.

[Data Security]
Your data are secured. All data are transferred over secured connections. Easy Money Loan promises that never share customer's information to anyone without consent.

[Contact Us]
Service Email: [email protected]