RenMoney Nigeria Reviews 

75
TrustScore 1.5 out of 5

1.3

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Rated 1 out of 5 stars

I can not withdraw from my account, its over a 3 weeks ive been trying to withdraw, i hv written several emails, made several calls, i hv even been to their branch in abuja, which does not exist. The... See more

Rated 1 out of 5 stars

DO NOT MAKE THE MISTAKE OF GETTING LOANS FROM THIS PEOPLE EVER! They will continue to add some annoying extra fees to your repayment even if you are paying on time. Adding 500 today, 100 tomorr... See more

Rated 1 out of 5 stars

Have been wondering why money do leave my account. Found out it was renmoney. Cause the only place I linked my account was on their app. Their Momo stuff they say is safe. 5117 was removed from... See more

Rated 1 out of 5 stars

Renmoney are fronting for fraud, run for your dear life and little money. So my experience goes like this with them. I requested for loan, which they APPROVED!! They asked for my mobile bankin... See more

Company details

  1. Bank
  2. Financial Consultant

Information provided by various external sources

RenMoney MFB Limited is a consumer finance organization with expertise in the provision of simple money solutions i.e. the bridge between credit and cash flows.


Contact info

1.3

Bad

TrustScore 1.5 out of 5

75 reviews

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No recent history of asking for reviews

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1.3

All reviews

(75)

5 reviews in the last 12 months

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Rated 1 out of 5 stars

Renmoney are fronting for fraud

Renmoney are fronting for fraud, run for your dear life and little money.

So my experience goes like this with them. I requested for loan, which they APPROVED!! They asked for my mobile banking details which I gave them for direct debit repayments. Upon waiting for 24hrs, I sent them a mail that what the problem could be after submitting all necessary documents and cresting the wallet account to activate the so called account. They are now saying I’m not qualified.

No professional would ever do this. My BVN, NIN, mobile banking details with them *screamed* if anything happens to my small money or my account is been used as transit for fraud, on God I will sue them.

DEADASS COMPANY!!
C

January 13, 2022
Unprompted review
Rated 4 out of 5 stars

I still prefer Renmoney

this is my second time of receiving funds from Renmoney... the first time was much faster and easier than the second all u need is patience nothing more... if i was not patience enough i would be among those giving bad complaints about the institution... I tried several lending platforms online downloaded my apps yet nothing to show for it.. Renmoney is legit...

July 27, 2021
Unprompted review
Rated 1 out of 5 stars

Those people are corny

Those people are corny, I don't advice anyone to get a loan except such person is stupid, imagine asking for a loan and I was told am only entitled for ₦150,000 n dats not all, but the interest rate is beyond day time robbery, how can one get back an interest of ₦265,000as a payback, this is the reason Islamic banking is far better than this so called financial institutions,I believe d people handling this especially the representative are mean divorced and single mothers who are passing out their frustration to anyone

November 11, 2020
Unprompted review
Rated 1 out of 5 stars

This company have no sense of service…

This company have no sense of service delivery and excellence.

I opened the savings account a while ago with no issue and was able to pay savings and view on the portal up until two months ago when it stopped working. I emailed the account manager a lady by the name of Anuoluwapo Rotibi who assured me my money was intact and they had a technical glitch. I emailed and phone called a week ago no response and her phone is off and I can't get into the system.

I won't advice any rational thinking person to invest in a so-called digital platform that produces no reports on your investment, no working platform and worst of all no channel to make inquiries but for an automated replay service that doesn't respond to IVR prompts to put you through.

Huge waste of time and money..

September 22, 2020
Unprompted review
Rated 1 out of 5 stars

TERRIBLE

Well, that one star actually means TERRIBLE AND CHILDISH.

I visited the site to apply for a loan and in order to fill my details, it only gave the option to navigate upwards or downwards to indicate your age and income. The age input wasn't that bad but imagine how long it took for me to put in my income that's in tens of thousands!!!

And after finally getting it in, it refreshes. i just simply stopped. I try to find out why it was set that way through reviews and after reading all i read, i'm really grateful it didn't work out. so many schemes trying to defraud people.

It's well.

July 16, 2020
Unprompted review
Rated 1 out of 5 stars

I wish there was a no star option

I wish there was a no star option, that is the best to describe the type of horrible service that this company dishes out to her customers. I have been a customer for over 14 Months and everything was going fine but just before the corona pandemic, i had financial crisis which then was worsened by the shutdown of the nation. Through out the lock-down i keep getting calls from different agents with various threats as if threats will yield money, i tried severally to know if those agents were calling from another planet other than earth, cos i believed everyone on earth knows what is going on has the world is almost completely shut down, they told they are on earth and infact in Lagos, to me that shows the level of wickedness of a company whose only interest is how to recoup their money not even taking into consideration the payment history of the customer. Its extremely sad that at a time every corporate organization is looking for ways to impact the people by means of preaching hope, all that matters to Renmoney is their money. Let me emphasize here that threats doesnt bring about money,compassion does. I will be unfair if i do not single out a particular lady who was exceptionally different " Ester" she spoke well and kept on encouraging me that things will get better and yes its getting better and i have since began paying, by God's grace i will soon finish my repayment and i will warn even the worst of my enemy not to near anything that starts with REN......Its been hell of an experience. I will nominate RENMONEY for an award for the company with the most heartless set of customer care team, i am confident that you will surely have no rival for the award.

May 2, 2020
Unprompted review
Rated 1 out of 5 stars

ren money is fake

ren nmoney seems to be gathering account details of people and i dint know what the futuristic exposure of such in the wrong hands can cause..they are not ready for their claim and are putting a lot of people depending on them in trouble..they cant offer you any loan..they are story tellers. they should be reported to consumer rights protection agency..im sure there is no customer informaton policy guide as it is..bar in mi nd they have our bvn and with that alone, your accounts are as porous as anything..fake fake fake!!!

February 25, 2020
Unprompted review
Rated 1 out of 5 stars

Hello my name is Mrs folakem

Hello my name is Mrs folakem, I filled out all of my information and on the final stage to get approved they went numb, waiting for the so called code up till now to finalize my activation and still haven't heard anything, I just hope these guys aren't fraudsters because I have given all of my information to them

February 6, 2020
Unprompted review

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