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Monthly NG - Quick Rent Loans

Monthly NG - Quick Rent Loans

Up to 5million naira in 24 hrs

21 ratings
6 reviews
💰 Finance

Archived App (Last seen on 20 Feb 2025)

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • July 18, 2022
  • May 8, 2023

Features

Developer

INSTALMENT SOLUTIONS LIMITED
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Monthly NG - Quick Rent Loans screenshot #1 for iPhone
Monthly NG - Quick Rent Loans screenshot #2 for iPhone
Monthly NG - Quick Rent Loans screenshot #3 for iPhone
Monthly NG - Quick Rent Loans screenshot #4 for iPhone
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About

This app offers quick, collateral-free rent financing for Lagos residents earning over ₦100,000 monthly. Get pre-approved within 24 hours and pay back your landlord directly through the app with flexible monthly installments.

✓Collateral-free financing
✓Zero guarantor required
✓24-hour pre-approval
✓Fixed monthly interest rates
✓Direct landlord payments
✓In-app payment processing
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What's New in Monthly NG

1.1.8

May 8, 2023

Improved stability and performance. Enhanced user interface with a fresh new look and feel.

User reviews

Most RecentHighest RatedLowest Rated

Code

Why you poeples don’t send code?
Code4529Code4529

Scam Alert

Na your info them dey find ooo no use them ooo
xbusimaxbusima

Scam alert

Requested for loan you guys said 1working days now it going to 6working days now nothing, if you think you can get hold of money in my bank true bvn shi shi una no fit see lol, we need to bring down this app
worst might mareworst might mare

About your loan

You guy why na how can’t you borrow persona 10k why 200k that means you guys are into something else
Believe170Believe170

Horrible

Just horrible
William OluwasegunWilliam Oluwasegun

Response from developer

Hello, We regret any inconvenience you've encountered. However, we have been unable to locate any records of your app usage within our system. To assist you further, could you kindly share additional details with us via email at support@monthly.ng, we will promptly provide you with more comprehensive feedback.

FAQ

What are the eligibility requirements for Monthly NG?

To be eligible for Monthly NG, you must be 18 years or older, earn at least ₦100,000 per month, and be currently living and renting in Lagos, Nigeria.

How quickly can I get approved for a loan with Monthly NG?

You can get pre-approved for a loan within 24 hours after signing up and providing your information. The app aims to give you a verdict quickly.

Does Monthly NG require collateral or a guarantor?

No, Monthly NG offers zero-collateral and zero-cosigner financing. You do not need to submit any collateral or have a guarantor to apply.

How are interest rates calculated on Monthly NG loans?

Interest on your rent financing is calculated on your remaining balance, not the total initial finance amount. The faster you pay back, the cheaper it becomes.

What happens if I have trouble making a payment with Monthly NG?

Monthly NG states they will never harass your colleagues or family if you cannot make payments exactly when planned. They prioritize your dignity and privacy.

How can I make payments through Monthly NG?

You can make payments directly through the app when they are due or earlier. Options include direct pay or notifying them after making a bank transfer.

What is the user rating for Monthly NG?

Monthly NG has a user rating of 2.7 stars based on 21 ratings.

When was Monthly NG last updated?

The latest version of Monthly NG, 1.1.8, was last updated on May 8, 2023.