NowNow Money Loan App – Requirements, Benefits And All You Need To Know

NowNow Money Loan App - Requirements, Benefits And All You Need To Know

NowNow Money Loan App – Requirements, Benefits And All You Need To Know.

NowNow money loan app is a mobile application that aids people in meeting their emergencies and needs without stress with unsecured loans. 

A decade ago, the only way people could access was to head to the traditional banks, provide tons of documents, collateral, and guarantors, stand in long queues for hours, and visit the bank frequently until the loan is approved. 

Sometimes loan applications are rejected, and people tend to get swallowed by their needs. 

However, the quantum leap in the number of fintech companies has made borrowing loans easy. NowNow money is one of such platforms. 

Carefully read down to learn about this loan platform. 

Overview Of NowNow Money 

We stated clearly that NowNow money is one of the loan platforms that have to lessen the burden of borrowing loans in Nigeria. 

NowNow money is a digital lending platform that offers personal loans to its customers without collateral, low-interest rate, and a flexible repayment term. You can conveniently borrow as much as NGN 80, 000 from this platform anytime and anywhere! 

Since it began operation in Nigeria, there have been numerous positive reviews about it. No embarrassment, long queues, or even property documents are needed to secure this loan. 

How Does NowNow Money Work? 

NowNow Money is an online loan platform. They offer loans to eligible individuals through their application. 

Remember, you do not have to provide collateral, stand in long queues or even visit NowNow money physically before you can access your desired loan. 

Most importantly, you have to download the NowNow money loan app and ensure that you are qualified for a NowNow money loan. 

In the later sections of this article, we will examine the eligibility criteria for securing a NowNow money loan. But then, let us look at the NowNow money loan app. 

NowNow Money Loan App 

The NowNow Money loan app is one of the top-rated loan apps on the Google Play Store. It was released in April. 27, 2022. This mobile application is where NowNow Money makes its services available to its users. 

To be able to secure a loan from NowNow Money, you must download the NowNow money loan app. And you can borrow up to NGN80,000.

To show how legit the loan app is, it has about 4.0-star ratings, over 7,000 reviews, over 100,000 downloads, and a portable size of 9 MB. 

How To Download The NowNow Money Loan App 

Downloading the NowNow Money loan app is simple and won’t take less than five minutes, provided you have at least 9 MB on your smartphone. 

Below are the steps to download the loan app; 

  1. Launch your phone and head to Google Play Store. 
  2. Search for the loan app by entering “NowNow Money Loan App” in the search bar. 
  3. The app will be shown. Click on “Install” to download the app. 
  4. Once your app is successfully downloaded, you can now explore the app. 

Eligibility Criteria For Obtaining A Loan From NowNow Money Loan App 

It is a well-known fact that NowNow money does not demand collateral or property papers before issuing loans. However, before you can obtain a loan, the following requirements must be met. 

  1. You must live in Nigeria when applying and repaying your loan. 
  2. You must not be less than eighteen years. 
  3. An active and registered phone number is required. 
  4. Have a stable and legit source of income. This is to ensure that you can repay your loan. 
  5. Have a smartphone with a strong internet connection. 
  6. Also, you must have a valid means of identification (government-issued preferably).
  7. Your NIN and BVN are also important documents. 

How To Apply For A Loan From NowNow Money Loan App. 

Follow the steps to secure a loan from the NowNow Money loan app. Remember, you can borrow up to NGN80,000.

  1. The first step is downloading the NowNow Money loan app from Google Play Store. 
  2. Proceed to register with your phone number and other essential information. 
  3. Complete the identity exercise in three steps. 
  4. Apply for your desired loan and choose your repayment plan. 

How Much Can I Borrow From NowNow Money Loan App? 

NowNow money loan platform has a considerable loan limit. You can borrow between NGN6,000 and NGN80,000 with a flexible repayment term. 

What Is NowNow Money Interest Rate? 

One of the uniqueness of NowNow money is its low-interest rate. The annual interest rate ranges from 16% to 43%. This means the monthly interest rate is between 1.3% and 3.5%.

What Is NowNow Money Repayment Term? 

The repayment terms of NowNow Money are flexible. This means you can choose how and when to repay your loan comfortably. 

However, the general repayment term of NowNow Money loans is between three months and twelve months. 

Benefits/Advantages Of the NowNow Money Loan App 

NowNow Money loan app is a fantastic app. The following benefits are associated with it; 

  1. There are no hidden charges 
  2. The loan app has a user-friendly interface. 
  3. You can borrow up to NGN80,000 without collateral or property documents. 
  4. The flexibility of the repayment tenure makes it easier to choose when to repay your loan conveniently. 
  5. The loan app is reliable, legit, and secured. 
  6. The NowNow Money loan is readily available. 

Disadvantages Of the NowNow Money Loan App 

The NowNow Money loan app is fantastic; however, there are a few disadvantages of it. They are; 

  1. You must be living in Nigeria 
  2. You must have a smartphone 
  3. Have access to a strong internet connection. 

How To Contact NowNow Money 

For complaints, questions, or clarifications, you can reach out to NowNow money via any of the following; 


Head Office Address: Towobola Street Egbeda Lagos, Nigeria. 


NowNow Money loan app is undoubtedly one of the most reliable apps to borrow personal loans from. We have taken our time to explain everything you need to know about this platform and how to apply for a loan. 

We confidently believe this article was worth the read, and NowNow Money is worth the try. Feel free to share your thoughts and ask questions in the comments section. We shall respond swiftly!