Renmoney - Loan Shark Review
Interest Rate 28%
Duration 30 - 180 days (Lagos & Abuja Residence only)
Access Level Salary Earners
Company Name Remmoney Nigeria
Phone 1 07080672077
Phone 2
Website or Store https://web.renmoney.com/
Address 23, Awolowo Road, Ikoyi, Lagos
Category Safe Loan
Company Email hello@renmoney.com
Views 1,491

Remmoney is a leading provider of online loans and banking services in Nigeria, founded in 2012. Our mission is to make banking easier and more accessible to everyone by offering convenient, affordable and secure credit and financial services. We believe that everyone deserves access to fair financial opportunities, regardless of their credit score or financial history. That's why we strive to provide loans and savings options to help people reach their financial goals and improve their lives.

We are regulated by the Central Bank of Nigeria (CBN) and operate on a microfinance banking license, ensuring that we adhere to the highest standards of quality and ethics. Our team uses a combination of traditional and alternative data sources to evaluate loan applications, making it easier and faster for our users to get approved for loans.

At Remmoney, we understand that people's financial needs are unique and can change at any time. That's why we offer a range of loan options, from personal loans to business loans, and allow users to borrow up to ₦6 million for up to 24 months. Whether you need to pay rent, school fees, medical bills, renovate your home, buy a new car or simply take care of personal needs, our loans can help you bring your plans to reality.

What sets Remmoney apart is our commitment to making loan applications and repayment as easy as possible. With our app, you can apply for a loan in just seconds without having to worry about collateral, paperwork or guarantors. We believe that everyone deserves access to loans without funny terms and conditions, and that's why we strive to provide an intuitive, secure and fast loan experience for our users.

Our core values of excellent customer service, being a cooperative partner, ease of use and security are at the heart of everything we do. We believe that by working together with our users, we can make a positive impact on their financial lives. Our goal is to make banking easier and more accessible to everyone, so that everyone can reach their financial goals and live the life they want.

We're always here to help and we value your feedback. If you have any questions, concerns or comments, please feel free to contact us by email at service@remmoney.net or by phone at +234 09122739946. We're always eager to hear from you and strive to provide the best possible service to our users.

In conclusion, Remmoney is a safe and reliable online loan app in Nigeria, providing loans to people from all walks of life. We believe that everyone deserves access to fair financial opportunities, and we strive to make banking easier, more accessible and more affordable for everyone. Whether you're looking for a loan to grow your business or take care of personal needs, Remmoney is here to help.


Expert Counsel

Let's dive into Renmoney and what you need to know about borrowing from them.

First off, Renmoney is a legit and approved loan provider. That means they're all above board and have the necessary permissions to operate. You can trust them to handle your loan responsibly.

Now, here's the good news: Renmoney won't tarnish your reputation. They're not in the business of defaming their customers, so you won't have to worry about receiving any embarrassing messages from them.

But, and here's the important bit, if you default on your payments, Renmoney won't hesitate to report you to the authorities. So, it's crucial to stay on top of your repayments and honor your commitments.

Speaking of repayments, Renmoney's overdue interest rates are pretty reasonable. However, if you've already paid off the capital and initial interest, you have the option to skip the overdue interest. Just make sure to clear your dues on time to avoid any issues.

Now, here's a golden rule: never borrow from one loan app to pay off another. It's a recipe for disaster and will only land you in more trouble. Instead, only borrow from Renmoney when you have the means to repay, and spread your payments over several months if needed. Just make sure you stick to your repayment plan and pay them what you owe.

For added peace of mind, consider installing Truecaller on your phone. This handy app can help you screen calls and avoid Renmoney's calls if you're not in the mood to chat.

So, there you have it. Renmoney is a trustworthy loan provider, but it's essential to borrow responsibly and honor your commitments. With the right approach, you can make borrowing from Renmoney work for you.




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Reviews

  • User loan Review
    Renmoney

    Due to what others saying about Renmoney and I've tried to get a loan and I've done every necessary things but till now I haven't been offered a loan and also I sent money from my bank account to Renmoney account to test if I can be using it to do business transactions but for the past 8hrs the money never reflect and I've been debited.

    • 3/16/2023
  • User loan Review
    Renmoney

    This app has an idiotic User Experience. If there is an issue login there is no where to ask for help or do a reset. I provided my email but it's been telling me "Pending OTP Verification". How does that even make sense?

    • 3/12/2023
  • User loan Review
    Renmoney

    The processing and application are very fast, response is microseconds to receive, very interactive UI, which is very encouraging, affordable and consideration interest rate and time consideration for repayment of loans. Still accessing other areas. Like disbursement time and repayment notification time, as well as quick response from customer service..to give my 6 stars

    • 3/10/2023
  • User loan Review
    Renmoney

    I heard about Renmoney from adverts on electronic media & downloaded the app. The registration is seamless. I'm impressed with what I've seen so far. I like the investment portfolios & will definitely try them out soon. For now, I am taking a look at what it has to offer & I think I am impressed with the offers (still perusing). I like the architecture. The design is top-notch. The environment is amazing! It's a beauty to behold! I'll come back here to comment further on overall services.

    • 3/8/2023
  • User loan Review
    Renmoney

    I don't enjoy the app at all I didn't receive alert of 400 that was sent to this app since yesterday night till now I didn't see my money I even apply for loan since yesterday night is just repeating same thing it saying reviewing application since yesterday I don't think this is real 😭😭 my 400 even contact the support team they are not replying again

    • 3/4/2023
  • User loan Review
    Renmoney

    It was the worst ever. They will just waste your time. Playstore should not accept scams like this. Customer service is worst. Connecting my card has been a problem. Did bank transfer as an option and my money went with the wind. They don't care what you go through. Other apps will even call you to help follow up with your application, no contact number. I really regret downloading this app. Its painful that I can sue then for taking my money with dubious means and i guess I will do at last

    • 3/4/2023
  • User loan Review
    Renmoney

    This is one of the worst loan app I have ever used. I have tried applying for loan twice but it won't submit my application not to talk More of disbursing money. It is always we can't seem to attend to your request now please try later, I have tried later and tire

    • 2/23/2023
  • User loan Review
    Renmoney

    This app is so difficult, especially with trying to get even a small loan aand it's bad because the other features are no better to Navigate through

    • 2/23/2023
  • User loan Review
    Renmoney

    Very poor customer service, made a transaction was debited but no credit to the recipient went to recipient's customer care they helped to track the money and it was not in the account. Been texting Renmoney customer service since yesterday no reply, I've just been dropping messages with no reply.. 

    • 2/21/2023
  • User loan Review
    Renmoney

    My people this app is a fruad, I registered and after everything instead of them lending me money they took the one I had in my bank account, did I have enough and start searching for where to loan. Don't waste your data and precious time registering on this fraud called Renmone

    • 2/19/2023
  • User loan Review
    Renmoney

    Trash.. Both ur website and your app is trash.. Nothing is working fine.. To request for loan is a problem.. Invalid NIN when trying to upgrade. Everything is trash. Cc representative too poor.. Unneccessary pop up messages.. Mtcheewww

    • 2/18/2023
  • User loan Review
    Renmoney

    It's been since last year this app has been on my phone. It have been trying since but yesterday when I was offered a loan, I quickly thought it would be the end of my frustrations with Renmoney. It happened fast. However I am begin to experience another strokes of frustration waiting for a signed offer to be disbursed. It takes even more than a hour for an agent to respond to a chat. I had never wished to have such a bad experience.

    • 2/18/2023
  • User loan Review
    Renmoney

    Very disappointing app. Since a week now I have been trying to register myself yet I keep having issues with taking self picture to show my face. It doesn't function when it gets to this stage.

    • 2/18/2023
  • User loan Review
    Renmoney

    The App is not top notch. It can't work without you calling the customer service. I couldn't get a loan after all the whole process and I was not informed of the failure of my application. Not a good experienc

    • 2/15/2023
  • User loan Review
    Renmoney

    They sent me email that they have reviewed my loan request, and I'm eligible to borrow up to 150,000, only for them to tell me that I'm not eligible to borrow again when I try to apply with the app. And I have a clean record I've not borrow before

    • 2/7/2023
  • User loan Review
    Renmoney

    One of the most useless apps out there, got debited 4 times all in the name of Tokenizing my Card and at the end of the day was told to reapply, Secondly your customer care department actually needs the money they spend on advert, I wish the was something worse than 0 star..

    • 2/5/2023
  • User loan Review
    Renmoney

    The only problem I have with this app is that they always find it difficult to generate my statement of account in other to perfect a loan for me .every other thing I think they are the best

    • 1/31/2023
  • User loan Review
    Renmoney

    This app is the worst among them all After wasting your data, and time to download the app and filling all the required... They end up telling you to reapply in 14 days So useless and unfortunate app It's zero rating

    • 1/18/2023
  • User loan Review
    Renmoney

    Horrible experience so far. I registered and applied for a loan but was rejected. I didn't think much of it but decided to save some money on the app for emergency situations, only for me to be blocked from the app even when I entered the right log in details and also used biometric option. To worsen it, my security question has changed automatically. I've sent emails and created a complaint ticket but no response

    • 1/16/2023
  • User loan Review
    Renmoney

    Loan access is very terrible..., I've been trying to link my card it got stuck on paystack..., I've laid several complaint but they never respond with an alternative way of accessing thier loan

    • 1/15/2023
  • User loan Review
    Renmoney

    Bad customer service. I applied for a loan. I received a mail for the Loan offer letter. I have not been credited till now. Calling their customer care line is another frustrating thing, an agent would pick up the call and end it forgetting that I am been charged for the call. I sent a mail, no response till date. You spend whole lot of money for advertisement. Yeah! You got the customers but you can't keep them because the focus is unimportant thing. App flexibility is zero

    • 1/12/2023
  • User loan Review
    Renmoney

    Very wrong app for me I don't think I will recommend it for any body.. I apply for loan after enough frustration for 2 months I was for 9800 which was not what I was looking for. I tried to collect it by using my credit card it was horrible I call customer service which directed me to a link which I never trusted. I then said let me log in to my Renmoney account I discovered that I have been blocked and now there customer service is not available also.. I AM deleting this app for good

    • 1/11/2023

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