One of the biggest questions many Frimoni users ask is how to extend or increase their loan repayment date when they’re not ready to repay yet. The truth is that sometimes things don’t go as planned, salary delays, business slowdowns, or unexpected bills can make it hard to pay back before the due date.
Luckily, Frimoni has made it possible for users to request an extension or increase their repayment date depending on their account status and repayment history. In this article, we’ll go through the process, the requirements, and some helpful tips to manage your loan properly on the Frimoni app.
Understanding How the Frimoni Loan System Works
Frimoni uses a credit algorithm that studies your repayment pattern, app activity, and BVN-linked history to decide your loan eligibility and flexibility just like some other loan app likes Umba.
The app’s repayment system is automated—meaning every loan has a fixed due date and automatic debit setup.
If your repayment date is approaching and you’re unable to settle it, you can apply for a repayment extension through the app, as long as you meet the conditions.
Why You Might Need to Extend Your Frimoni Repayment Date
- Salary or business income delay.
- Unexpected expenses during the month.
- Loan amount is higher than expected repayment ability.
- Transaction or debit failure before repayment date.
- You simply want to avoid default and protect your credit score.
Whatever the reason, Frimoni allows honest users to make a request before the loan expires.
Requirements to Qualify for Repayment Extension
Before you can increase or move your repayment date, you must meet these conditions:
- You must have an active loan on your Frimoni account.
- You must not have defaulted or missed a previous loan repayment.
- Your app account must be verified (BVN and ID verified).
- The request must be made before your loan due date (preferably 48–72 hours earlier).
- You must have good transaction behavior on the app (active use, no false data).
Step-by-Step: How to Increase the Frimoni Loan Repayment Date
Follow these steps carefully to avoid errors during the request:
Step 1:
Open the Frimoni app on your phone and log in with your verified account.
Step 2:
From the home dashboard, tap “My Loans.”
Step 3:
Select the active loan you want to extend. You’ll see loan details like amount, interest, and due date.
Step 4:
Tap “Request for Extension” or “Change Repayment Date.”
(Note: some older versions may show it as “Loan Adjustment” under options.)
Step 5:
Choose your new repayment date (the app may show available extension ranges, usually 3–14 extra days).
Step 6:
Review any extra interest or service charge displayed for the extension.
Step 7:
Confirm and submit your request. You’ll receive an SMS or in-app notification when approved.
Step 8:
Once approved, the new date automatically replaces your old due date in your repayment calendar.
What to Do If You Don’t See the Extension Option
Sometimes the repayment extension button may not appear in your dashboard.
If that happens, it means:
- Your loan is already overdue.
- You’ve extended once before (Frimoni usually allows one extension per loan).
- Your loan type or amount doesn’t support extension.
- You’re using an old version of the app—update it from the Play Store.
If all looks fine and the button is still missing, contact Frimoni support (details below) and request a manual extension.
Tips to Avoid Loan Repayment Issues
- Set reminders: Always check your due date in the app and set alerts 2–3 days earlier.
- Don’t borrow more than needed: The smaller your loan, the easier it is to manage repayment.
- Keep your linked bank funded: Frimoni auto-debits on the due date; make sure funds are available.
- Use the extension option once properly: It’s better than defaulting and getting extra penalties.
- Keep communication open: Contact customer support before your due date if you notice any issue.
They’ll guide you through verifying your account and submitting your repayment date change request.
FAQs
Q1. Can I extend my Frimoni loan twice?
No. Most times Frimoni allows only one extension per active loan.
Q2. Is there a charge for loan extension?
Yes, a small service fee or additional daily interest may apply depending on the number of extra days you request.
Q3. What if my extension request is rejected?
You’ll receive a notification explaining the reason—usually related to bad repayment history or overdue account.
Q4. How long does approval take?
It’s usually instant, but in some cases, it can take up to 24 hours.
Q5. Will the extension affect my credit score?
No, it won’t affect your score negatively if approved officially before the due date.
Conclusion
Extending your Frimoni loan repayment date is simple if you follow the right steps early and maintain a clean record. Always make your request before the loan expires, keep your details correct, and don’t ignore in-app notifications.
With proper planning and responsible borrowing, Frimoni can help you manage short-term cash needs without stress. The more consistent you are, the more flexible and higher your credit limits become on future loans.
