Opay loan review is it [Legit or Scam] 2022

Opay is a mobile payment platform with over 6 million users in Nigeria that is used for online shopping and other transactions. Like many other online loan apps in Nigeria, Opay continues to offer an immediate loan. Since Opay is similar to online banking, there are many differences between this particular loan app and other loan apps.

OPay functions similarly to an electronic wallet by holding money that may be used to make payments. You can order food, pay for various utility bills like an electricity bill or a TV subscription, as well as purchase airtime and mobile data. You pay for goods and services with money that you have in your wallet. Additionally, you can directly reload your wallet from your bank.

Many people are curious about how legitimate the Opay Online Loan app is. Some have even written me private messages asking if Opay Loan is real or phony. I don’t write reviews on any loan apps I haven’t used or tried, as I stated earlier in my prior post on the Best online loan app in Nigeria with Instant clearance. Let’s now address some of the queries my readers have for me.

Also Read: how-to-get-kiakia-loan-wiithout-bvn

Is Opay Loan Legit or Fake?

When it comes to providing a rapid loan with prompt approval, Opay Loan is reliable and trustworthy. Opay has received a lot of favorable reviews, especially in the Play Store. When I registered for an Opay Loan, I immediately received a loan of 12,000 Naira after filling out my profile and submitting it for approval. I was given 30 days to repay the loan.

You can efficiently credit anywhere, anytime using Opay’s utilization of CreditMe, EaseMoni, and OKash.

Note that CreditMe is an OPay wallet that enables users to pay beforehand and settle accounts afterwards. Free to utilize up to 100,000 in credit with no service charges.

What is Opay interest Rate?

Opay offers interest rates ranging from 0.1 percent to 1 percent at their highest. Each day, their interest rate is determined. The range for the annual interest rate is 36.5 to 360 percent.