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How to pay back Renmoney loan

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How to pay back Renmoney loan

Renmoney Loan Payment 

Loans from Renmoney can be easily repaid through the many platforms offered by Microfinance Bank. Loans can be repaid using their instant cash, POS terminal, Check, direct payments to their head office or online using EFT. 

 Renmoney account numbers

  • RenMoney MFB Limited 0120829621 Guarantee Trust Bank 
  • RenMoney MFB Limited 1771340451 Skye Bank Account 

Before any payments can be made, you must notify the bank 72 hours in advance. When making any repayment of a loan, make sure your full name is clearly listed as treasurer. 

 How Much Money Can You Borrow From Renmoney? 

You can borrow within the range of N50,000 - N6,000,000 to repay within a year.

What Happens If You Do Not Pay Up Your Loan?

It is not possible for you to be a debtor.

It ends up in a bad credit history, which means you will find it hard to borrow from them and any other online lending platform. It can also lead to a very serious crime.

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