Floan Review: Is Floan A Scam Or Legit

Written by


Table of Contents

About Floan

Floan is one of Ghana’s new credit apps that allows people to borrow and repay money anywhere, anytime with a mobile wallet.

Floan Loan Requirements

  • You need a valid ID to qualify for a Floan Loan. ID Type should be, Driver’s License, NHIA Membership, Voter ID, National ID, or Passport
  • You must be a resident of Ghana over 18 years of age
  • Mobile Money account: MTN Mobile Money or AirtelTigo Money registered in your name for at least two months.

How To Apply For Floan Loan

  1. Download The Floan App: Download the free app from the Google Play store
  2. Sign Up: Set up your Floan account by filling in your personal in the app
  3. Select Product: Select your loan terms and conditions
  4. Get Approved: Approval is in real-time. Once approved the funds will be disbursed to your Mobile Money account

Floan Review

Customer Support Email: service@floan.live

Phone Number: 0273881884


Funds recovery is another type of fraud, be aware!

Make sure to check these legit platforms before leaving;

  1. Legit Investment websites
  2. Legit Trading Platforms
  3. Perform Tasks and Earn
  4. Legit Mining Hardwares
  5. Legit Loan Providers
  6. Legit Crypto Faucet

Maximum Interest Rate per year: 70%

Maximum APR: 70%

Loan term: 90-365 days

Loan amount: GHS 100 – GHS 10000

If the loan amount is GHS100, the loan term is 180days, and the Interest rate is 25%, the total service fee should be GHS100 * 25% = GHS25. The total amount must be paid: 100+100*25%=GHS125. No other extra debt payments are required.

Is Floan Loan Real Or Fake?

Status: Floan might be a scam. Use the app at your own risk!

Floan Loan App Download

Download the Floan app from google play store

Meet Yhang Mhany

Yhang Mhany is a Ghanaian blogger, an expert in uncovering scams and the founder of Earn More Cash Today, ensuring secure online experiences.

Follow Yhang Mhany on Instagram


One response to “Floan Review: Is Floan A Scam Or Legit”

  1. Scam
    Thier loan terms is just 8days not 180days
    You have to pay back in 8days time

Leave a Reply

Your email address will not be published. Required fields are marked *