Garlic Loan App Review: APK Download, Customer Care Number

Hassan Bar July 1, 2023

Garlic loan is a Nigerian loan app that offers instant and unsecured loans of up to N50,000. Interest rates range from 6% to 24% per month. You can apply for a loan through the mobile app, which is available on the Google Play Store.

The app has about 500k downloads so far on Google Play store, the application process is simple and digitized. You will need to provide some basic information, such as your name, email address, phone number, and bank account details. You will also need to provide a copy of your ID card.

Garlic loan app details

Loan amount	₦4,000 to ₦50,000
Loan tenure	30 days
Interest rate	6% to 24% monthly interest.
Age Eligibility	18 to 60 yrs
Customer care number	Email: [email protected] Phone:+234 09169845131
Office address	SIRET TECH COMPLEX, LOKOJA – ABUJA EXPRESS WAY (OPPOSITE FEDERAL UNIVERSITY LOKOJA PERMANENT SITE) FELELE, Lokoja, Nigeria

Key Features

Instant and unsecured loans up to N50,000
Interest rates range from 6% to 24% per month
Simple application process via the mobile app
Available for download on the Google Play Store

Is Garlic loan app legit or scam?

Some customers have left a positive review on the app’s Google store page, while others complain of not getting a loan after registration. To get a loan, your credit score will be considered, if you have outstanding loans from other lenders your application will probably be rejected.

Caution should be taken before taking any online loan. Always read other customer’s reviews before you apply for a loan in Nigeria.

Because there is no regulations in Nigeria, most of these apps are loan sharks who might threaten to send messages to your family members calling you a scammer if you default on your repayment. It is best to avoid these apps if you have other options.

If you’re being threatened or bullied by any loan shark in Nigeria, see this Facebook group where you can find support and read about the experience of others who have suffered bullying from loan apps.

You can take steps to check and remove your BVN from the credit bureau blacklist after repaying your loans and your loan app did not automatically clear you.

How to Download APK and get a loan from Garlic Loan app

Download the Garlic personal Loan App exclusively available on the Google Playstore and install it on your Android phone.
Register an account with your phone number.
Preferably the phone number connected to your BVN as a one-time password will be sent to it for verification.
Fill in your basic know-your-customer KYC information, including your residential address, next of kin, and employment details
You will also be required to provide your Biometric verification number BVN.
You’ll be charged N30 to bind your ATM card to your account to increase your chances and getting a higher loan amount.
A one-time password OTP will be sent to your phone to confirm your details.
After the submission of your loan application, the software will analyze your credit score and the final result will be shown in the APP.
The result should be displayed in less than two minutes and if you qualify for a loan, the loan amount will be disbursed into the bank account directly.
Make sure you’re using a good phone with enough memory space as you will be required to take a clear live selfie for identity.

Your BVN is linked to your credit score, so if you have an outstanding loan with other lenders or didn’t pay other lenders as at when due, expect your application to be rejected.

Your credit score is a record of your previous borrowings, how early or late you make your payments, cash transactions going in and out of your bank account among other information.

When you download this app you have to consent to it to get access to your phone book contacts that will serve as your guarantors, SMS to see your banking transaction records, apps on your phone to see how you use other loan apps and other details it uses to build your credit score.

Navigating Garlic Loan Requirements

For Nigerian applicants, meeting certain requirements is essential:

– Age: Applicants must be at least 18 years old.
– BVN: A valid Bank Verification Number (BVN) is mandatory.
– Source of Income: Demonstrating a stable income source is imperative.
– Bank Account: A functional bank account is necessary for loan disbursement.

Fulfilling these prerequisites streamlines the application process and enhances the likelihood of loan approval.

Here are some tips for using online loan apps responsibly:

Only borrow money that you can afford to repay.
Set a budget and stick to it.
Make sure you understand the terms of the loan, including the interest rate and repayment terms.
Make your payments on time.

Garlic loan customer care number

Company Name:DESTINY MEGA – TECH LIMITED
Company address:SIRET TECH COMPLEX, LOKOJA – ABUJA EXPRESS WAY (OPPOSITE FEDERAL UNIVERSITY LOKOJA PERMANENT SITE) FELELE, Lokoja, Nigeria
Email:[email protected]
Phone:+234 09169845131

In Conclusion

Garlic Loan epitomizes a fintech solution tailored to meet the modern individual’s need for accessible financial assistance. By offering fast online loans sans collateral, Garlic Loan simplifies the borrowing process. From comprehending interest rates and requirements to navigating the application process and verifying legitimacy, this guide empowers you with the knowledge to make informed decisions regarding Garlic Loan’s services.

Remember, when it comes to financial choices, knowledge is your most potent tool. Choose wisely.