Opay Loan Review 2021: Review On Okash, EaseMoni, CreditMe Read Right Now

Hey guys this article is about opay loan. am going to share with you everything you need to know about all these opay loans app (Okash, EaseMoni, CreditMe) and how to apply for the loan.

NOW, Borrowing money in Nigeria is very easy, there many online loan app in Nigeria that provide quick, short-term loans for individuals customers without asking any collateral. These days, you can easily access any type of loan like student loan, payday loan, business loan and so on.

In Nigeria, opay is one of the best and reliable payment platform. opay has about 900 thousand users and 75% of their users are active. opay have three different loan platform, which are:

1. Okash
2. EaseMoni
3. CreditMe

What is Opay?

The opay is a comprehensive online payment platform, that allows it’s users to carry out a host of transactions. including buying of airtime, buying data, subscribing to Pay TV, paying electric bills and more.

The opay was founded by the Opera, OPay offers essential services such as payment, commercial transportation services, food and grocery deliveries, and others.

What is Opay loan?

Opay loan are Okash, EaseMoni and CreditMe. they are own by opay, but their is services and services functions are different so in this article, i will be shere with yo u. the opay loan review.

Opay Loan Review:

Opay loan app is reliable loan apps in Nigeria, since they are licensed by the CBN and they are also doing well. don’t be confused Okash, EaseMoni, CreditMe loan are loan outlet of the OPay group So. with these opay platform, you can get a loan in Nigeria at any time within minutes.

Opay loans apk is fast and secure app and you need no collateral and deposit requirements. just sign up that’s all. and to sign up, is Easy  process.

On all these opay loan app, you will be getting more bonuses from time to time. when ever you paid your loans. all the whole process will be done online on your mobile phone.

Okash loan app

Okash first opay loan app, they offer upto 1 million naira for their merchant and other business owners in nigeria. you can get loan on this app,  by search and install okash app. once you installed it, then now Apply for the loan on the app.

NOTE: Before you can get loan from the app, you have to open an account and fill within the needed info; it takes less than 5 minutes to finish the registration.

 Minimal Amount You Can Borrow

The utmost amount you possibly can apply for at any given time on OKash is N50,000. You’ll be able to apply for loans as little as N3,000 if you are a new user.

Opay Loans Okash Loans Requirement

The requirement  is simple. The  service targets all Nigerians and doesn’t have any stringent situations the typical Nigerian just isn’t capable of borrow.

1. The applicant should be a Nigerian resident
2. The age bracket of the applicant must be within the vary of 20-55 years.
3. Legitimate ID Card
4. BVN.

DOWNLOAN ON GOOGLE PLAY STORE

 https://play.google.com/store/apps/details?id=com.loan.cash.credit.okash.nigeria&hl=en&gl=NG

Okash Loans Interest rate 

The  daily rate of interest is between 0.1% to 1%, whereas the annual rate of interest is between 36.5% and 360%. Other than this, you’ll have to pay an origination payment together with your loan starting from N1299 to N6000.

The period of the loan is 91 days for the shortest tenure and three hundred and sixty five days for the longest tenure. if you are running a small business, don’t go this, because the interests is very high. scroll down  to the other opay loan.

How To Repay Okash Loan

• Openthe okash app
• Log into your account
• Click on on the button that claims ‘make a repayment’
• Present all required details
• Click on on the ‘repay’ button

EaseMoni

EaseMoni is a new loan service that Opay announced on may 17th 2021. where You as active OPay customer can apply for loans according to their Terms. EaseMoni is another credit application that offers Nigerians up to 1,000,000 naira in close to home and business advances.

This platform is truly simple to use with very much planned interface.

EaseMoni Loans Requirement

All you need is only your OPay Account (KYC Level 2). If you don’t have Opay account, what you need to get loan on easemoni onyour phone number and Bank Verification Number BVN.  You can read my review abount the opayy easemoni >> EaseMoni Loan Review 2021: Know How To Get Your First Loan On EaseMoni Right Now

Minimal Amount You Can Borrow

The utmost amount you possibly can apply for at any given time on easemoni is 1 million naira. so it depend the account age and the total transactions done on the account. Opay  will investigate how much cash is entering and send on your opay account  to decide the amount they’ll borrow you. You’ll be able to apply for loans as little as N5,000 if you are a new user.

EaseMoni Loan Interest Rate

Their loan Interest rate is 5% to 10% monthly and the annual interest rate will not exceed 120% of the loan. (depends on amount you are applying for)

How To Repay EaseMoni Loan

• Openthe opay app or easemoni.
• Log into your account.
• Click on on the button that claims ‘make a repayment’
• Chooseto pay with your opay wallet or bank.
• Click on the ‘repay’ button. that’s all.

DOWNLOAN ON GOOGLE PLAY STORE

https://play.google.com/store/apps/details?id=com.loan.cash.credit.easemoni.nigeria

CreditMe

Opay CreditMe is a new loan platform on Opay, it can be use for online purchasing payments, intake bills, each day residing expenses (airtime, data subscription, television expenses, etc.), transfers, and cash withdrawals.

Opay CreditMe is a carrier, not a loan. it’s miles aimed at presenting rescue service at some point of important intervals regarding inadequate funds.

And the availability of the CreditMe service is limited to only certified customers on the Opay platform.

Minimal Amount You Can Borrow

The utmost amount you possibly can apply for at any given time on creditme depend the account age and the total transactions done on the account. You’ll be able to apply for loans as little as N500 if you are a new user. You can read my review about the opay creditme >> Opay CreditMe Loan Review 2021: Get Your First Loan On Creditme Right Now

Opay Loans CreditMe Loans Requirement

1. You must be  opay users.
2. Your account must be like 3 months .
3. You must link you your BVN.
4. You must be active on the opay appp.

CreditMe Loan Interest Rate

No interest in first 7 days, but handiest 3% service charge. 1% hobby consistent with day after 7 days.

How To Repay CreditMe Loan

• Openthe opay app.
• Log into your account.
• Click on creditme.
• Click on on the button that claims ‘make a repayment’
• Chooseto pay with your opay wallet.
• Click on the ‘repay’ button. that’s all.

DOWNLOAN ON GOOGLE PLAY STORE

https://play.google.com/store/apps/details?id=team.opay.pay&hl=en&gl=NG

Conclusion:

For me, opay loan is best and reliable . nothing like getting scam because they are licensed by the CBN, and if you are running a business that is huge just go for okash, but if you are small business owners or students, go for the Easemoni.

And someone also asked me that between Okash and easemoni which one is better for credit. Well both are doing well, but Okash is for huge business owner while easemoni is for small business owner.

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• Quickcheck Loan Review 2021: Everything You Need To Know Right Now.
• Access Bank Payday Loan: Here Is Everything You Need To Know Right Now In 2021.
• Migo Loan Review 2021: How To Get Your First Loan On Migo Right Now

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