Paymyrent.ng Review Is Paymyrent Legit Or Scam

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Paymyrent.ng Review: Is Paymyrent Legit Or Scam?

Paymyrent Review: this is the name of a cooperative society that claims to be licensed in Nigeria. Is paymyrent.ng legit or scam?

When it comes to license and registration of this company, it is not clear. It mentions that it is under a cooperative license ‘Paymyrent cooperative Multipurpose society’. They also mention that the company is a legal entity in Nigeria. We still find this claims unclear and unverifiable.

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They mention that funds are held by Meristem Trustees, which they mention is registered with the Security and Exchange Commission. When we checked this, we confirmed that Meristem is a duly licensed outfit with the Nigerian SEC.

Several testimonies are published on the page but we find it hard to trust this. They can be easily manipulated and we only trust those on other third-party websites. Other features that Paymyrent claims to have are as follows:

Loans
Interest per Deposit
Quick Save
Flexibility24/7 Online Support

How Paymyrent Works

They mention that it automatically saves a portion of clients’ income; daily, weekly or monthly for their rents. Clients can borrow from their savings when they need it. Up to 7% interest is offered on every deposit the clients save. There is an in-house lawyer available to sort rent issues for clients.

We are not informed how all of it works but to get started, clients are to create an account with the company. They are to provide such details as: names, email address, phone number, and an optional referral mention.

Since there is no way to verify their claims and the minimum needed we will go with what we are provided with on the page. Since the payments can be made daily, weekly or monthly, it seems there is no minimum requirement.

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Pricing Structure of Paymyrent

Like we mentioned above, there is no mention of how the prices work. It is fishy to find this because we do not know how the company make their gain. If they charge something for deposits, they should mention it on the page.

Clients Feedback

It is only on the page that we find clients giving positive reviews of the company. Like have been stated earlier, these are not really trustworthy as they can be fabricated easily.

Support

To get in touch with the customer care, traders and investors can send emails to: [email protected] or call: +2349034800393

Conclusion

We do not have much to go on for now about the company. Paymyrent seem to have a degree of legitimacy with the mention of Meristem Trustees but not much else. There is no way to tell if the two firms are even related. Fees are not mentioned upfront and it is difficult for traders to know what they are getting into.

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Loans

Need a loan for your buisness or rent? you’re in the right place

Savings

Paymyrent helps you to save small small towards your house rent while you earn upto 15% interest on your savings.

Property Listing

Find amazing deals on housing properties that meet any budget.

Paymyrent Loans

Get instant loan to pay your House Rent. Available to those who live and work in Lagos.

Easy & Fast

Loan disbursment to qualified applicants is quick and simple.

Flexible

Repaying loans has never been easier, with very flexible repayment plans up to 6 months.

Friendly Interest Rates

Unbeatable Interest rates.

Customer Support

Friendly customer service available 24/7 to offer assistance where needed.

Available on iOS and Android

Paymyrent Mobile App is available for Android and Ios Users. Install now for quick access to your savings.

Paymyrent Savings

Our savings services is the best around, want to find out why?

Portability & Mobility

Our platform has been designed from ground up to help manage your savings from anywhere. We make it easy for you to see your total savings, manage your account profile, view referrals, view Interest, and of course setup savings plans.Learn more.

Earn bonuses on Referrals

Refer Friends and family to our platform and earn from each active saver referred by you, you can find your referral link on profile menu when you register. So what are you waiting for, start now.Learn more.

Zero interest loans

We understand that needs can often arise when we least expect them, which can in turn result in impromptu expenditure. At Paymyrent, we’ve got you covered, as you can access a percentage of your savings at any time. Dont forget, you can withdraw your interest anytime.Learn more.

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Paymyrent.ng Review: Is Paymyrent Legit Or Scam?

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