Upcoming changes for LoanMe in 2023

  • A loan me customer with a CedisPay credit score of at least 80 requires no guarantor
  • Effective Jan 1, 2023, loanme processing will increase from 2% to 3% for first time customers and 3rd repeat customers will be 2%
  • CedisPay will no longer accept post dated cheque as loan mitigation measure, instead we will accept only standing orders, employer deduction agreement or other forms of auto deduction for loan repayment such as momo auto deductions

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