How To Close, Delete Or Deactivate Your Easemoni Account Easily

How does Easemoni loan app work?

Read: Best Loan Apps for N10,000, N20,000, N30,000 Naira Loans in Nigeria (2024)

The Easemoni loan app works by providing a simple and efficient platform for users to apply for and receive loans. Here’s how it works:

Loan Application: Download the Easemoni app from the Google Play store.

Install the app and create an account by providing the required personal information.

Complete the application form within the app, providing details such as your employment information, bank account details, and any other required information.

Loan Approval: Once you submit your loan application, Easemoni will review your information and assess your creditworthiness.

If approved, you will receive a notification regarding the approved loan amount and terms.

Loan Disbursement: Upon accepting the loan offer, the approved funds will be disbursed directly to your provided bank account.

You can then use the funds for your intended purpose.

Repayment: Easemoni will provide you with a repayment schedule detailing the amount due and the due dates.

Repay the loan according to the agreed-upon schedule, usually through automatic deductions from your bank account.

Is Easemoni Loan App Legit?

Yes, the easemoni loan app is definitely not a scam. It is legit.

It is a loan approved under Newedge Microfinance Bank.

However, EaseMoni, the loan-offering platform, has warned its customers to be wary of scammers impersonating the app and trying to obtain personal information fraudulently.

Must Consider Before Deleting Your Easemoni Loan loan account

Before deleting your Easemoni loan account, there are a few things you should consider.

The following are what you need to know:

Review the EaseMoni Terms of Service: It is crucial for you to familiarize yourself with the terms and conditions of your loan account.

Any violation of these terms may result in disqualification from a “good standing” status or even cancellation of your account.

Withdraw any funds: Before deleting your account, make sure to withdraw any remaining funds from your Easemoni loan account.

This will ensure that you have access to your money and prevent any potential issues.

Resolve pending transactions: Check if there are any pending transactions or outstanding payments associated with your Easemoni loan account. It is advisable for you to resolve these transactions before deleting your account to avoid any complications.

Consider the impact on your credit score: Deleting your Easemoni loan account may have an impact on your credit score.

It is recommended to understand how closing the account might affect your credit history and overall creditworthiness.

Delete personal information: If you have provided any personal information for identity verification purposes, make sure to delete that information from the app.

It is always a good idea to carefully consider the implications of deleting your Easemoni loan account.

How To Close, Delete Or Deactivate Your Easemoni Loan Account Easily

To close, delete, or deactivate your Easemoni loan account, you should follow these steps:

Clear Any Outstanding Balances: Before you take the decision of closing your Easemoni loan account, ensure that you have repaid any outstanding balances. This will prevent any issues with delinquency or additional charges.

Contact Customer Support: Get in touch with Easemoni’s customer support via their designated communication options, which can be found on their website or within the app.

Let them know about your intention to close, delete, or deactivate your account. They will walk you through the necessary steps and provide any additional information you may require.

Go Through Terms and Conditions: Take the time to review the terms and conditions associated with closing your Easemoni loan account. This will give you insight into any potential fees, restrictions, or consequences of closing your account.

Read: Top 10 Online Loans with Weekly or Monthly Payments in Nigeria In 2024

Withdraw Remaining Funds: If there are any remaining funds in your Easemoni loan account, make sure to withdraw them before proceeding with the closure. This will ensure that you have access to your money and prevent any complications.

Provide Your Information: Be prepared to provide any required information or documentation to facilitate the closure of your Easemoni loan account.

This may include personal identification, account details, or other pertinent data.

Follow Closure Procedures: Follow the specific closure procedures outlined by Easemoni. This may involve submitting a formal request or completing a designated process within the app or on their website.

Verify Account Closure: After initiating the closure process, verify that your Easemoni loan account has been successfully closed, deleted, or deactivated.

This may involve checking for confirmation emails, account status updates, or contacting customer support for confirmation.

Monitor Your Credit Report: After closing your Easemoni loan account, it’s advisable to monitor your credit report to ensure that the closure has been accurately reflected.

This will help you confirm that the account is no longer active and that there are no unexpected issues affecting your credit history.

FAQs On How To Close, Delete Or Deactivate Your Easemoni Account Easily

The following are some of the an helpful frequently asked questions on how to close, delete or deactivate your easemoni account easily with their respective answers:

How much can I borrow from Easemoni loan app?

The loan amounts typically range from N2,000 to N100,000 or more.

Is EaseMoni approved by CBN?

Yes, EaseMoni is approved by the Central Bank of Nigeria (CBN).

Opay, the parent company of EaseMoni, is a licensed fintech company in Nigeria that operates under the regulatory framework set by the CBN.

This ensures that Opay and its services comply with the necessary regulations and guidelines established by the CBN for financial institutions operating in Nigeria.

How to borrow money from Easemoni loan app?

To borrow money from Easemoni loan app, kindly follow these steps:

Download and install the Opay app on your mobile device.
Register and create an account on the Opay app.
Complete your profile by providing accurate personal and financial information.
Once your profile is verified, go to the “Loans” section within the app.
Select the loan amount you wish to borrow and choose your preferred repayment duration.
Review and accept the terms and conditions of the loan agreement.
Submit your loan application for evaluation.
If approved, the loan amount will be disbursed to your Opay wallet or bank account.