Fairmoney

3.4
3.4 from 47 Reviews and Ratings
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Average Rating

3.4

/
5

47 Reviews

5 Star
26%
4 Star
28%
3 Star
19%
2 Star
12%
1 Star
16%

Filtered Reviews

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Review Time

You can extend your payback

The more I payback my loan, the more they increase my limit to borrow more .. The payment payback can even be extended with little money for your convenience....very good organisation.

5
Date of experience: Aug 02, 2025
Urgent 2k with interest, fairmoney ghat you

In as much as the app has helped me with loans, they spam me via their in app notification, I hear my message notification, I check and it's fairmoney telling me to upgrade to tier 3 for higher loans, like they send the same notification over and over again.

3
Date of experience: Aug 01, 2025
Best experience

Fairmoney is one if my best loan app so far,their customer service aren't abusive,any time they call to repay my loan they talk calmly ,best Loan app so far

5
Date of experience: Jul 11, 2025
High interest rate

Fairmoney Intrest is very high.... Like how can you borrow money and you will have to pay more than 10% of what you borrow. They really need to review it and bring down the interest a little bit 5% Intrest isn't bad.

1
Date of experience: Jul 15, 2025
Fairmoney has lenient with me in my loan repayment

Fairmoney seems to be the best loan app I have ever used. I took a loan of #100,000 since 2023 which was supposed to pay up in 2024. But due to some financial crisis I had, I stopped paying after paying for the first 4months. One of their customer representative called me and asked me why I have not been paying my debt. I explained things to her and she encouraged me to be paying little by little without any harassment. I am still paying the loan till now. I got a message from BFree two days ago to remind of my balance and that I should pay it up. They have been lenient with me. Thanks to them for their patient.

4
Date of experience: Jul 28, 2025
Better improvement needed

I used my FairMoney card at a supermarket, but the payment didn’t go through. I sent them emails and messages on social media, but they didn’t respond. It’s been months now, and I still haven’t gotten my money back, it just disappeared.”

1
Date of experience: Jul 28, 2025
Good loan app

FAIRMONEY LOAN APP IS THE BEST IN NIGERIA… I paid ₦6,500 for a ₦5,000 loan and the experience has been favourable.

5
Date of experience: Jul 28, 2025
Fix the registration issues

I just downloaded the FairMoney app a little while ago and was super excited to set up my account. But every time I put in my details, it keeps saying user already exists, which is weird because I have never used the app before.i hope they could help me figure this out? I’m really eager to dive into all the cool stuff FairMoney has to offer.

2
Date of experience: Jul 27, 2025
Take your loan

The app is user friendly and their loan disbursement is fast but their loan interest is high which should be reviewed downwards and also, they do harass customers when it comes to loan repayment.

3
Date of experience: Jul 01, 2025
Fast Loan but Interest Could Be Better

I used FairMoney when I needed a quick loan, and honestly, the process was fast and easy. The app is simple to use, and I got the money in my account within hours. That really helped me sort out an emergency.

However, the interest rates are a bit high compared to some other lenders. Also, their customer service can be slow sometimes when you want to ask questions or resolve issues. I think they can improve on communication.

Overall, FairMoney is reliable if you need cash quickly, but just watch out for the interest.

3
Date of experience: Jul 16, 2025

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