RenMoney Back-to-School Loan– This article is all you need to know about the RenMoney Back-to-School loan and definitely how to apply including the basic requirements needed for this loan that if there are any.
Do you find it difficult to return to school because you cannot afford the fees? The RenMoney back-to-school loan is one of the best opportunities for you today if you are a resident of Nigeria.
RenMoney Back-to-School Loan
RenMoney Microfinance Bank is known for its ability to provide large loans in less than 24 hours. The brand took this opportunity to make students and parents feel at ease during the school resumption period.
RenMoney School Fees Loan is a credit facility that offers up to N4,000,000 in quick cash loans at very cheap rates. This is motivated by the desire to assist people who are currently struggling to pay their tuition.
RenMoney Microfinance Bank operates the largest and fastest-growing business in Nigeria. According to a statement on their website, this is a group of technology and finance enthusiasts who are passionate about making financial transactions relevant.
Their vision is to be the most convenient loan company in Nigeria. And they aim to achieve this by providing their clients or customers with an exceptional service experience.
Instead of giving you the history of this loan or how it started, we want to give you the best information about how to get it from the company.
How to Apply for RenMoney School Fee Loans
Getting access to this loan is very easy. All you have to do is follow the steps below:
- Go to the official registration page of the RenMoney Education Loan at https://education.renmoney.com/.
- When you get to the page, you will be required to fill out the form on the page with the information requested. The information will include your full name, your email address, your phone number, your child’s school name, and your child’s school fees invoice.
- After filling all these out, click “Submit”
- Follow the information on your screen to complete your loan app.
Apart from school loans, there are many progressive loan offers you can get from RenMoney for other purposes.
RenMoney is well known for providing unsecured loans to its customers. If you would like to participate in these products, follow these steps:
How to Apply for a RenMoney Loan
Here are the steps required to access a RenMoney loan;
- First, go to the official website of RenMoney at https://web.renmoney.com/.
- When you get to the home page, enter your email address in the field given.
- After that, you will be required to enter your password and repeat it.
- After doing that, enter your bank’s verification number.
Follow the prompts given on your screen to complete your registration process. After filling up your personal information, you will be given an offer by RenMoney.
You can decide whether to accept or reject this offer. After accepting the offer, the money will be sent to your account within 24 hours.
How to Access Your RenMoney Account
To login to your RenMoney Loan Account, follow the steps below:
- Go to the home page of RenMoney at https://web.renmoney.com/.
- When you get to the home page of RenMoney, click “login” at the top part of the page.
- You will be led to a new page. Enter your email and password in the fields given and click “Login.”
Frequently Asked Questions
Does RenMoney have a USSD Code?
Yes, they do. The official USSD code for RenMoney is *723nMoney is *723. If you want to request a quick loan, you can dial *723*873001#.
What is the Time Duration of a RenMoney Loan Approval?
It takes between a few minutes and 24 hours to get approved for a RenMoney loan. If your loan gets approved, you will get credited.
What is the Annual Percentage Rate of RenMoney?
The interest charged by RenMoney depends on your chosen repayment date and the amount of money borrowed. The longer the loan period, the higher your interest rate. The APR of RenMoney ranges from 32% to 132.02%.
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