FAQs

about the platform, registration, credit limit, interest rate, term, and even information security... You can also contact us directly.

1.What are the conditions to apply loan by Frimoni?
The age requirement is Nigerian residents aged 18+ and with good credit.
2. Do I need to submit any paper documents?
No, whole process is digital in Frimoni APP.
3. I have no bank card/account, can I apply loan?
No, you need a bank account first, so we can transfer cash to your account directly.
4. What is your interest rate?
Our loan interest rate is as low as 12%(annual percentage rate)
5.What happens if I repay my loan late?
Late loan repayments automatically incur a rollover interest of 2% per day.
6. Is there any hidden fee?
No, all details are showed on your order, you can check. If you have any question, you can contact our customer service.