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CosyCredit | All you must know

CosyCredit Loan Application Guide

Eligibility Requirements:

  1. Ghana Card: You must have a valid Ghana Card.
  2. Mobile Money Account: A mobile money account registered in your name is required.
  3. Accepted Wallets: We accept MTN, Airtel, and Vodafone mobile money wallets.
  4. Citizenship and Age: Must be a Ghanaian citizen aged 18 years or older.

How to Apply:

  1. Download the App: Install the CosyCredit app and fill in your details just once.
  2. Register: Use your personal information to complete the registration process.
  3. Apply: Submit your application within minutes.
  4. Receive Funds: If approved, the loan will be credited directly to your mobile money account.

Loan Details:

  • Loan Amount: Apply for loans ranging from GHS 100 to GHS 6,000.
  • Loan Term: Choose a repayment period between 91 days and 365 days.
  • Annual Percentage Rate (APR): Ranges from 12% to 24%.

Example Calculation:

For a 365-day loan with a principal amount of GHS 1,000 at an APR of 20%:

  • Total Interest: GHS 1,000 x 20% = GHS 200
  • Total Repayment: GHS 1,000 + GHS 200 = GHS 1,200
  • Repayment Duration: 365 days

Contact Us:

We’re here to assist you! If you have any feedback, questions, or concerns, please contact us:

With CosyCredit, applying for and managing your loan is simple and convenient. Download the app today and get the financial support you need quickly and easily.

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