Is CediBoom Instant Personal Loan App Real Or Fake

About CediBoom

CediBoom is one of Ghana’s new credit apps that allows people to borrow and repay money anywhere, anytime with a mobile wallet.

According To CediBoom;  CediBoom is an online credit loan software that helps Ghanaians with their loan needs with the highest level of protection for their information.

CediBoom Requirements

  • You need a valid ID to qualify for a CediBoom. 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 CediBoom

  1. Download The CediBoom App: Download the free app from the Google Play store
  2. Sign Up: Set up your CediBoom account by filling in your personal in the app
  3. Select Product: Select your loan terms and conditions
  4. Get Approved: Approval is in real-time. Once approved the funds will be disbursed to your Mobile Money account

CediBoom Review

Customer Support Email:

Phone Number: +233 837657689

Address: 4th Floor, #3 Independence Avenue,, Ridge, P.M.B. CT 1, Accra, Ghana

Loan Amount: GHS 500 – GHS 10000

Loan Term: the shortest tenor is 91 days, and the longest is 365 days

Interest rate: 12%-28%(APR)

Example: If the loan amount is GHS1000, the loan term is 180 days, and the Interest rate is 25%, the total service fee should be GHS1000 * 25% = GHS250. The total amount must be paid: 1000+1000*25%=GHS1250

Is CediBoom Real Or Fake?

Status: CediBoom might be a scam. Use the app at your own risk!

CediBoom App Download

Download the CediBoom app from here