Listed and first reviewed on: 04/10/17

Sort By

  1. 1.0
    Your Rating

    Needed a break from an optional 26% interest on a travel loan from bank, I was attracted to renMoney by a quoted 4-6% interest rate. But when the Offer Letter came, I discovered a cumulative compound interest of about 51% was scheduled. Comparatively, my last loan of 1.2M from bank was repaid in 12 month-instalment in less than N90,000 per month; while I was now scheduled to pay over N97,000 per month for a N0.75M loan within the same 12 month-instalment. Nigerians, watch out for the fraudsters in the financial industries in Nigeria. CBN, please protect gullible Nigerians from unethical frauds!

Rate & Write a Review