CediMall Loan Review: Is CediMall Loan Real Or Fake

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About CediMall Loan

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

According To CediMall Loan;  CediMall Loan is an instant loan app in Ghana. It makes it easy for you to obtain a loan from your smartphone from anywhere at any time.

CediMall Loan Requirements

  • You need a valid ID to qualify for a CediMall 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 CediMall Loan

  1. Download The CediMall Loan App: Download the free app from the Google Play store
  2. Sign Up: Set up your CediMall Loan 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

CediMall Loan Review

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Customer Support Email: cedimallgh@gmail.com

Address: NO.53 Laty-Atomic Rd, Accra, Ghana

Loan app interest rate (APR, min to max): 15% to 25% per annum

Loan Amount: GHC 1,000—GHC10,000

Duration: 180 days to 12 months

Service charge: 0%

For Example

Credited to GHC 1000 at 15% APR (per annum) for 6 months

Loan interest = GHC 1000 x 15 %/2=GHC 75

The total loan to be repaid is GHC1075 (GHC 1000 + GHC 75)

Monthly repayment GHC 179.17= GHC 1075/6

Is CediMall Loan Real Or Fake?

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

CediMall Loan App Download

Download the CediMall Loan app from here