Is Migo Loan Legit?

Hello guys, in this post I am going to share how to get your first loan on Migo loan platform today. So let’s get started now

Is Migo Loan Legit?
What Is the Migo Loan Platform?

Migo Lending Platform, Formerly Generally Known as Kwikmoney, Is an On-Site Automatic Lending Service that Originated from A Partnership Between Banks, Networks, and A Telecommunications Company in Nigeria.
The core of this association is to provide easily accessible loans to Nigerians without collateral or guarantors.

> Who Is the Owner of Migo Loan, Migo Loan Nairaland, Is Migo Loan Legit Nairaland, Migo Loan App, What Happens, if You Don’t Pay Migo Loan, What Is Migo Loan Code, Migo Loan Interest Rate, Migo Loan Repayment, Migo Loan Defaulters, Who Owns Migo Loan

What You Can Ask About Migo Loan

Is Migo Loan Legit

Is Migo mortgage legit?

Yes, Migo’s mortgage is 100% legitimate. According to online users review, on the Migo platform, you can get 6 up to 500,000 Naira in just a few minutes without the need for much paperwork or collateral.

What Migo Loan Need?

These are the requirements you need to know before getting a loan on the Migo platform:
Your Savings Account
Bank Verification Number (BVN)
His Phone Number.
You Must Be 18 Years or Older.
You Must Have Been Actively Using Your Phone Number Within the Last 90 Days.
Your Account Number Must Have Been in Active Use for The Last 90 Days.
You Need to Have an Account in Any of The Following Banks: First Bank, Access Bank, Fcmb, Uba, Stanbic Ibtc, Wema Bank, Zenith Bank, and Polaris Bank Etc…

How to Request and Obtain the Migo Loan?

To apply for and obtain a loan on the Migo platform, please adhere to the following guidelines:
Open the keyboard of your phone
Dial *561#
choose loans
Choose to apply for a loan
await loan provide
Settle for providing and applying for the account number.

If you apply for a loan online lightly on Migo, then you can do the following:

  1. Go to the Migo online portal by visiting >>> https://my.migo.money
  2. Then enter your phone number.
  3. Full verification (A code will probably be despatched to your phone)
  4. Now Choose a loan provider and proceed to see the gives out there to you.
  5. Then Enter your account number
  6. Full and get your loan.

Migo loan rate of interest

The rate of interest on Migo is normally from 10% & to 25%. Your price relies on your private knowledge.
i.e. it might probably be increased or decreased. The lo time period normally ranges from 14 days to 30 days.

Migo Loan Repayment

You must all the time repay your loans on time, that is so you’ll be able to improve your credit score rating and get increased loans at decreased rates of interest sooner or later when you are applying again.
So to repay your loan, you are able to do that by way of:

  • Migo loan portal (website).
  • USSD (*561#), bank transfer.
  • ATM, money and so forth.

What occurs if I can’t repay my mortgage on Migo?
You must all the time take loans that you recognize you’ll be able to repay simply, as late cost results in extra charges and penalties. And it might also decrease your loan credit score.

Migo Loan Customer Care Number

If you wish to get in contact with Migo, you are able to do that by contacting the contact info below:

  • Office Address: 3B Adekunle Lawal street, Ikoyi, Lagos Nigeria.
  • Phone number: +23417002274
  • E-mail: help@migo.com


If you need a loan, try the Migo loan platform. They are legitimate with good interest rates.
As I said before, the interest rate in Migo is normally between 10% and 25%. Your price is based on your private knowledge. So give it a try.
And make sure you pay off your loan quickly. Because this can affect the credit score of your loan. Not only on the Migo platform but on all lending platforms in Nigeria.
If you have any questions about getting your first loan on the Migo lending platform, feel free to leave your comment via the comment section below.
And don’t forget to share this article with your friends and family on social media below. Thanks.

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