OnLoan Review: Is OnLoan Real Or Fake
About OnLoan
OnLoan is one of Ghana’s new credit apps that allows people to borrow and repay money anywhere, anytime with a mobile wallet.
According To OnLoan; You can get an online personal loan where your money is sent to your wallet account or bank account. It is easy to apply for loans and high loan amounts!
OnLoan Requirements
- You need a valid ID to qualify for an OnLoan. 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 OnLoan
- Download The OnLoan App: Download the free app from the Google Play store
- Sign Up: Set up your OnLoan 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
OnLoan Review
Customer Support Email: support@onloan.info
Phone number: +233593932760
Loan Amount: GHS 100 – GHS 10000
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Loan Term: The shortest tenor is 91 days, and the longest is 365 days
Interest Rate: 12%-50%(APR)
If the loan amount is GHS1000, the loan term is 180days, 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 OnLoan Real Or Fake?
Status: OnLoan might be a scam. Use the app at your own risk!
OnLoan App Download
Download the OnLoan app from here