GanaLoan is an Android utility intended to be used by Ghanaian individuals. The platform provides reliable loan services with an easy application process, similar to PremierCash.

Conditions and security

In order to apply for a loan through the platform, you need to sign up. You also have to provide some basic information about yourself. These include your age, citizenship, and regular source of income.

Once the application is submitted and approved, you will be able to receive medium term loans for up to one year. The interest rates range from 10 to 25 percent per annum, and the maximum Annual Percentage Rate is 25. This ensures that credit is available to those who may not have access to traditional banks. There is also no service charge associated with the loan.

The utility uses a 256-bit SSL encryption to secure all transactions, ensuring that customers’ information is safe and not shared with any third-party department. Users who pay back their debts on time can take subsequent loans without additional documentation.

Important information

It is important to note that you should carefully review the terms and conditions of any loan you apply for. You also need to consider the potential costs and risks involved before proceeding.

Features

is a loan service made for Ghanaian users;
you can apply for credit quickly and easily;
there is a 256-bit SSL encryption;
app is free to download and use;
compatible with current Android versions.