Is Money in Minutes Legit? Everything You Need To Know

In today’s article, we will answer this question, “Is money in minutes legit?”

Getting funds and favourable loan terms can sometimes be tricky when dealing with a loan company.  

The best thing is to do extensive research on the company before you apply with them. 

Money in Minutes is one of Nigeria’s most reliable loan sites, and they’ve supported millions of businesses within their reach. 

Their goals and commitment lie towards tackling poverty by providing easily accessible and affordable financing opportunities. 

Is Money in Minutes legit or a scam? In this article, we will find out.  


Who is the owner of Money in Minutes?

Money in minutes is a UK-originated company with a presence across three continents worldwide. George Badejo-Adegbenga is the Chief Executive Officer, and David Barnet the Chief Financial Officer.

How does Money in Minutes work?

Is Money in minutes legit?

Money in minutes works pretty simple because it allows you to build a financial lifestyle that works for you. You can also build a favourable credit profile with their range of products.

If you meet the necessary criteria, you can get up to N100,000.00  loan in just five minutes on their Credit Builder loan plus.  

The interest rate is 15%, with no collateral needed. You will also have access to discounts on loans, long and flexible repayment periods and low-interest rates.

They also have a WageX salary advance plan that allows you access to 80% worth of your salary in advance. 

This is beneficial if you need emergency money and your payday isn’t around the corner.

When applying for a loan on Money in Minutes, you only need three necessary documents. You’ll need your Bank verification number. Your BVN  must be accessible through your mobile phone network because you might be asked to receive a code for confirmation. 

You’ll also need your National Identification Number (NIN) and active bank account details.  Loan approval can take up to 5 minutes, and funds disbursement follows immediately.

You will also control your financial well-being by keeping track of your credit score and access to lifetime benefits from a positive rating.

What is Money in Minutes interest rates?

Money in minutes interest rate is as low as 3% to 10% depending on the loan amount.

Is Money in minutes registered with CBN?

Yes, Money in Minutes is officially licensed with the central bank of Nigeria. They have taken measures and abided by the laws and regulations of monetary bodies to ensure everyone’s data is safe. 

Does Money in Minutes have an app?

Yes, they do, but it’s currently undergoing some upgrades. Hence, it’s unavailable. However, loan applications can be made via the website.

Does Money in minutes have an office?

Money in Minute’s head office is at PC 31, Churchgate St, Victoria Island, Lagos, Nigeria. You can go there for your complaints and any other vital issues.  You can also send them an email via customercare@moneyinminutes.ng.

How to get started on Money in Minutes

You can start your journey on Money in Minutes by heading to their website.

Then set up your account by filling in your information and uploading the necessary documents.

 And finally, you can choose your desired loan, wait for the approval and get your funds sent into your account in minutes. 

Final thoughts on “Is Money in Minutes Legit?”

Money in minutes has been helping lives for the past twenty years. They’re also committed to making Africa sustainable and developed for the good of Africans. 

Their business is reputable, and with them, you can get the same loan you’ve been looking for to support your business.

This brings us to the end of this article. If you need to explore more online loan mobile apps, you can check out our guide on the top 10 online loan apps in Nigeria.

If you have any questions, kindly drop them in the comments section.

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