CediPro Loan is a mobile lending application that gives Ghanaians instant access to loans.
Customers have the option to borrow and reimburse money whenever they want using their mobile wallet.
We will discuss the CediPro loan, its requirements, how to apply, and its authenticity in this blog article.
CediPro Loan Conditions
You must fulfill the following criteria in order to be eligible for a CediPro loan:
- You must possess a valid ID, such as a passport, driver’s license, NHIA membership, voter ID, national ID, or national identification card.
- Age: Residents of Ghana must be at least 18 years old.
- You must have an active MTN Mobile Money or AirtelTigo Money account in your name that has been registered for at least two months.
How to Apply for a Loan from CediPro
Applying for a CediPro loan involves the following steps:
- Visit the Google Play store and download the CediPro Loan app.
- Fill up your personal information in the app to create your CediPro Loan account.
- Choose the terms and conditions of your loan.
- The money will be transferred to your Mobile Money account after it has been approved.
Review of CediPro Loan
Loans from GHC 100 to GHC 10,000 are available via CediPro Loan, with terms ranging from 90 to 365 days.
However, the interest rate is relatively high in comparison to other loan platforms in Ghana, ranging from 30% to 65%.
The company’s validity is also called into question by the fact that its address is unknown.
Does CediPro Loan Exist or Not?
Before submitting an application for a loan, it is crucial to confirm the legitimacy of any lending platform.
CediPro Loan’s legitimacy is questionable, and it might not even be a real business. High interest rates and the absence of a physical location are warning signs that should not be disregarded.
Use the app at your own risk as a result.
Download the CediPro Loan App.
You may locate the CediPro Loan app on the Google Play store if you still decide to download it.
Before applying for a loan, make sure to exercise prudence and carefully study the terms and conditions.
In Ghana, CediPro Loan provides a rapid and practical method of obtaining loans.
But there are questions regarding its validity due to its exorbitant interest rates and absence of a physical presence.
Since this is the case, it is imperative to use caution when using the app and to confirm the legality of any lending platform before requesting for a loan.