Is Momo Cash Loans Real Or Fake

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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

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