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Nigerian online lending platform

Nigerian online lending platform

Vote: (6 votes)

Program license: Free

Version: 2.3

Works under: Android

Vote:

Program license

(6 votes)

Free

Version

2.3

Works under:

Android

Pros

  • Free-to-use financial app
  • Allows flexible loan amounts and repayment terms
  • Automated services after registration

Cons

  • Requires a significant number of contacts during registration
  • Strict repayment enforcement with frequent calls and messages
  • Contacts provided during registration may also be contacted

Fast and Easy-to-Use Financial Aid App

BGloan-Legal Cash Loan is a complimentary financial app that permits users in Nigeria to secure loans. This well-received loan platform enables qualified users to access up to 200,000 Nigerian Naira (NRN) without any collateral requirement. Following a successful registration, users are given the flexibility to select loan amounts and repayment terms that align with their individual requirements. The loan application procedure is notably user-friendly, enabling even non-technical users to navigate the process within minutes.

A Reliable Loan App in Nigeria

The operation of the BGloan-Legal Cash Loan is remarkably simple. For first-time users, an initial registration with the app is required. While each data field is easily identifiable, the app notably requires a significant number of contacts to be provided during the registration process. It is also important to note that only Nigerian residents between the ages of 18 and 60, with a valid Bank Verification Number (BVN), are eligible to borrow.

Once past the somewhat cumbersome registration process, the remainder of the app's services are largely automated. Users can borrow anywhere from 3,000 to 200,000 NRN, with swift repayment periods of between two to seven days. Applications are made directly through the app, and once approved, funds are automatically transferred to the user's registered bank account.

Efficient Tool for Responsible Borrowers

BGloan-Legal Cash Loan, like most loan apps, offers smooth and convenient service, provided repayments are made in a timely manner. Users who fail to do so can expect frequent calls and messages from the loan provider. Moreover, the contacts provided during registration may also receive similar communication.

In conclusion, BGloan-Legal Cash Loan provides a convenient solution for emergency funds, albeit within a shorter period. For eligible users in Nigeria, this app offers flexible loan amounts, though it requires a stringent registration process. As long as repayments are made on time, this app provides a useful service without any issues.

Pros

  • Free-to-use financial app
  • Allows flexible loan amounts and repayment terms
  • Automated services after registration

Cons

  • Requires a significant number of contacts during registration
  • Strict repayment enforcement with frequent calls and messages
  • Contacts provided during registration may also be contacted