About 4Cedi Loan
4Cedi Loan is one of Ghana’s new credit apps that allows people to borrow and repay money anywhere, anytime with a mobile wallet.
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According To 4Cedi Loan; 4Cedi is an instant loan app, you can get a loan without collateral if you need it by filling in the correct personal information
4Cedi Loan Requirements
- You need a valid ID to qualify for a 4Cedi Loan. ID Type should be, Driver’s License, NHIA Membership, Voter ID, National ID, or Passport
- You must be a resident of Ghana over 18 years of age
- Mobile Money account: MTN Mobile Money or AirtelTigo Money registered in your name for at least two months.
How To Apply For A 4Cedi Loan
- Download The 4Cedi Loan App: Download the free app from the Google Play store
- Sign Up: Set up your 4Cedi Loan account by filling in your personal in the app
- Select Product: Select your loan terms and conditions
- Get Approved: Approval is in real-time. Once approved the funds will be disbursed to your Mobile Money account
4Cedi Loan Review
Customer Support Email: email@example.com
Address: 15 Ring Rd Link, Accra, GHANA
Phone number: 0599606630
Loan Amount: GHS1000 – GHS10000
Loan Term: 100 days – 365 days
Loan Interest: from 10% – 29% per annum.
Service charge: 0%.
If you apply for a loan of GHS20,00, the term is 150 days and the annual interest rate is 20%.
So the daily interest rate=20%/365=0.055%, the interest for 150 days =2000×20%/365×150=164, the totally repayment=2000+164= 2164
Is 4Cedi Loan Real Or Fake?
Status: 4Cedi Loan might be a scam. Use the app at your own risk!
4Cedi Loan App Download
Download the 4Cedi Loan app from here