Is Momo Cash Loans Real Or Fake

About Momo Cash Loans

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

Momo Cash Loans Requirements

  • You need a valid ID to qualify for a Momo Cash Loans. 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 Momo Cash Loans

  1. Download The Momo Cash Loans App: Download the free app from the Google Play store
  2. Sign Up: Set up your Momo Cash Loans 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

Momo Cash Loans Review

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Loan Amount: USD 50 to USD 500 with a repayment period of 100 to 270 days.

Interest ranges from 5% – 9% APR.

Processing Fee: Range from USD 1 – USD 5 one-time charge.

The minimum Annual Percentage Rate (APR) includes interest plus the processing fee of is:5%.

The maximum Annual Percentage Rate (APR) is 9%.

If you choose a 91 days loan and borrow USD 10 with an interest rate of APR of 9% and a processing fee of USD 1, the total amount due is USD 11.30.

Is Momo Cash Loans Real Or Fake?

Status: Momo Cash Loans might be a scam. Use the app at your own risk!

Momo Cash Loans App Download

Download the Momo Cash Loans app from here