imoney plus loan app: Apply Now, Signup, Login, Customer Care, Reviews, Download Apk

The rise of digital finance has made it easier for Nigerians to access quick loans through mobile apps. One such app is iMoneyplus, an instant loan app developed by Xgo Finance Limited. In this review, we will take a closer look at the features of iMoneyplus, including its interest rate, repayment plan, loan processing time, customer care service, and how to apply for a loan. 

How to Download iMoney Plus Loan APK 

If you are unable to download the iMoney Plus Loan App from the official app store, you can still get it from third-party websites like Softonic. Here’s a step-by-step guide on how to download the iMoney Plus Loan APK:

1. Go to the Softonic website or any other trusted third-party website that offers APK downloads.
2. Search for “iMoney Plus Loan App” in the search bar.
3. Click on the download button or link to start the download process.
4. Once the APK file is downloaded, locate it in your device’s storage.
5. Before installing the APK, make sure to enable the “Unknown Sources” option in your device’s settings to allow installation from third-party sources.
6. Tap on the APK file to begin the installation process.
7. Follow the on-screen instructions to complete the installation.
8. Once the installation is complete, you can open the iMoney Plus Loan App and start using it.

Please note that downloading APK files from third-party websites may pose security risks. It is always recommended to download apps from official sources whenever possible.

How to Sign Up for an Account on iMoney Plus Loan App

Signing up for an account on the iMoney Plus Loan App is a simple process. Here’s how you can do it:

1. Download and install the iMoney Plus Loan App from the official app store or a trusted third-party website.
2. Open the app and click on the “Sign Up” or “Register” button.
3. Fill in the required information, such as your name, email address, mobile number, and password.
4. Agree to the terms and conditions of the app.
5. Verify your mobile number through the OTP (One-Time Password) sent to your registered mobile number.
6. Once your mobile number is verified, your account will be successfully created.
7. You can now log in to your iMoney Plus Loan App account using your registered email address and password.

Imoney Plus loan app Review 

Interest Rate

iMoneyplus offers loans ranging from N8,000 to N200,000 with an interest rate of 0.6% per month. This is relatively low compared to other loan apps in Nigeria, making it an attractive option for borrowers.

Repayment Plan

The repayment plan for iMoneyplus loans is flexible and can go up to 180 days. This means that borrowers have enough time to repay the loan without feeling overwhelmed by the repayment schedule.

Loan Processing Time

One of the most significant advantages of iMoneyplus is its fast loan processing time. Once you apply for a loan, you can expect to receive the funds within a few minutes. This is because iMoneyplus uses advanced technology to process loans quickly and efficiently.

Customer Care Service

iMoneyplus has a dedicated customer care service that is available 24/7. You can reach out to them via phone, email, or live chat on their website or app. The customer care representatives are knowledgeable and responsive, making it easy to resolve any issues that may arise during the loan process.

How to Apply for a Loan from iMoneyplus Loan App

Applying for a loan from iMoneyplus is straightforward and can be done in just a few simple steps:

• Download the iMoneyplus app from the Google Play Store or Apple App Store.
• Register for an account using your phone number and email address.
• Verify your account by following the instructions sent via SMS or email.
• Log in to your account and fill out the loan application form with your personal and employment details.
• Submit your application and wait for approval. If approved, you will receive the funds within a few minutes.

Frequently Asked Questions and Answers on iMoneyplus Loan App

1) What documents do I need to apply for a loan from iMoneyplus?

You do not need to provide any documents to apply for a loan from iMoneyplus as long as you meet their eligibility criteria, which include being employed or self-employed with a stable income source. However, you may be required to provide documents such as your bank statement or payslip if you are applying for a higher loan amount or have been with iMoneyplus for less than six months.

2) How do I repay my iMoneyplus loan?

You can repay your iMoneyplus loan through any of these methods: bank transfer, USSD code (*555*1*1#), or debit card payment on the app or website. You will be charged a processing fee of 2% when repaying through USSD code or debit card payment on the app or website, while bank transfer is free of charge.

3) Can I extend my repayment period?

Yes, you can extend your repayment period by contacting iMoneyplus customer care service before your due date expires. However, an extension fee will be charged based on the new repayment schedule agreed upon by both parties.

4) What happens if I default on my loan?

If you default on your loan repayment, iMoneyplus may charge late payment fees and interest rates on outstanding balances until full payment is made. They may also report your defaulted loan to credit bureaus, which could negatively impact your credit score and make it harder for you to access credit in the future. To avoid defaulting on your loan, it’s essential to make timely payments and manage your finances responsibly.