Gomoni is one of the loan app that give instant loan in Nigeria. Their loan processing is very fast once you successfully submit your application, your loan will be disburse in minute.
You don’t have to leave your location, the application process is online. With this loan app you can obtain up to #100,000 loan without collateral or paper work.
Requirements to obtain loan from Gomoni
Below are the requirement you need to meet up with before you can obtain loan from this app
Have source of income
Reside in Nigeria
Be above 18 years of age
Have smart phone with which to download the loan app
Have bvn and bank account
How to apply for Gomoni loan app
The first step to take is to head over to play store and download the loan app
Register with your name, bvn and other details
You will be ask to bind your ATM card which might attract #30 fee, do so and proceed
Once you are done with registration you will be login to your account
On your dashboard locate and click on loan
There you will see amount of loan you are eligible to obtain
Click it and wait for disbursement
How much you can obtain from gomoni loan app
The maximum amount you can obtain from this lona app is #100,000. If you are applying for the first time you will not be able to obtain up to this, as you continue to use the app the amount you can obtain will be increase.
Gomoni interest rate and repayment period
Their repayment period is between 5% to 12% per month, depending on the amount of loan obtain. The repayment period is between 7 days to 180 days, also depend on the amount of loan obtain
If you are applying for the first time, your interest rate will be high why your repayments period will be short, it will later improve as you continue to use the app.
Paying back your gomoni loan
To payback your loan head over to your dashbaord
click on loan repayment
There you will see deferent option to pay back your loan
Click on one and make payment
Once you make payment it will reflect on your dashboard
If it does not you should contact them.
What will happen if I default or refuse to pay back
If you default you will be punish by Increase in your loan Interest rate which might be up to 2%.
If you abscond, your name and bvn will be send to credit bureau for blacklisting which means you will not be able to obtain loan again in Nigeria until you pay back and clear your name with credit bureau.
Is gomoni loan legit
Yes, gomoni loan is legit, they have given loan to many people in Nigeria but they are not license by CBN nor insured by NDIC.
Our final verdict on Gomoni
Gomoni is like many other loan app In Nigeria, they are legit but they are not license by CBN and this is not good. If things go South it will take time before CBN will interfere.
Exercise caution when taking loan from this app only take loan that you know you can pay back.
Conclusion
Gomoni loan app will surely give you loan, but take loan that you know you can pay back. Try to avoid embarrassment and had I know.
Also know that this loan app is not approve by CBN if things go south you have no body to report to.
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