loan apps

FriMoni Loan App Review: APK Download, Customer Care Number

FriMoni Loan App is a personal lending platform that provides loans of up to N20,000 without collateral or tedious paperwork.

Qualified borrowers can get the unsecured loans by providing just their phone numbers and BVN.

An unsecured loan is a type of loan that does not require collateral to get. It is usually short-term with very high interest rates.  Do not take an online loan to fund your lifestyle, they should only be used for short-term emergencies.


• Fast approval and disbursement.
• Revolving creditline as borrowers get higher amounts when they pay their previous loans.
• Good and responsive customer support.
• Smooth and easy verification process.


• Very high interest rates on short-term loans.
• Short loan repayment term starting from just 5 days.
• Predatory lending practices.
• Poor repayment interface.
• Loan tenor is a maximum of 30 days.
• Has lots of bugs that prevents smooth registration.


FriMoni loan App APK Download

1.Download and install FriMoni app from Google Play Store.
2.Register your information and wait for the loan result.
3.Select your preferred loan amount.
4.After approval the amount would be disbursed into your account.
5.Timely repayment help increase your credit score when re-lending.

• 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.

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• 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.

Is FriMoni loan app legit or scam?

Yes, FriMoni App is a legitimate loan platform, with testimonies from customers who have previously received loans from them.

You are responsible for the security of your transactions with them and there is no way to seek redress for poor customer service.

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.

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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.


Our loans are accessible to users who are 21 years of age or above. We may also require that you submit your bank statement and a valid identification document during the loan application process. Depending on the loan amount you are eligible for, you can repay the loan from a 61 day to a 90 day period.

Our minimum interest rate, which is determined by our credit scoring algorithm, is 3% per month and a maximum of 10% per month. This comes to an Annual Percentage Rate (APR) of 36% to 120%.

If you get a personal loan product of N10,000 to pay back over a 2-months tenor at an interest rate and fees of 3% per month (36% APR), you will be paying back N600 in interest. Making your total Principal + Interest repayment of N10,600 only.

These details are just a guide for illustration, expect your actual interest to be higher and loan amount lower especially for new borrowers. They will improve as you continue to use the app over time.

FriMoni loan app customer service number

Phone- 08096443745
Customer Service Email [email protected]

FriMoni offers a convenient and secure option for quick loans in Nigeria. Remember, responsible borrowing and informed decisions are key. Make sure you understand the terms and conditions before applying. Start your financial journey with Frimoni wisely!

Ibrahim Ismail

A passionate and highly skilled individual who has seamlessly blended the worlds of statistics, technology, and finance.

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