SonicCredit is a renowned cash loan application in Ghana, providing convenience and excellent support. Despite some limitations such as high-interest rates, it remains appealing for addressing emergencies and managing personal finances.
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When life demands flexibility and convenience, SonicCredit will be your reliable companion. Easy and quick, this cash loan application will help you overcome every challenge and seize exciting opportunities with its intriguing loan offerings. Enjoy anytime, anywhere, and don’t let financial risks weigh you down.

SonicCredit App is a secure online lending application designed for individual users in Ghana. This app provides the ability to receive cash loans swiftly and securely, without facing complex procedures, with 24/7 support. Embrace financial freedom and flexibility today.

Assessing the Pros and Cons of SonicCredit.


  • SonicCredit online registration process is very simple and quick. Users only need to provide necessary information and submit the application, saving them time and effort.
  • SonicCredit ensures fast and reliable service. Once the application is approved, users can receive the loan directly into their bank account.
  • The app allows users to choose loan amounts and durations that are suitable for their needs and financial situation.
  • This app commits to no hidden fees, making it easy for users to manage their loans without unexpected surprises during repayment.
  • Providing 24/7 customer support, SonicCredit helps users promptly with any queries or issues related to borrowing money.
  • Users can opt for early loan repayment to reduce the amount of interest they need to pay, offering convenience and flexibility in managing personal finances.
  • SonicCredit requires simple documents like a valid Ghana ID, voter’s card, or passport, along with a mobile phone account in the user’s name.
  • There are no usage fees or additional charges for SonicCredit’s app and services, allowing users to save costs when borrowing cash.


  • The interest rate is higher compared to other borrowing options.
  • The app may experience occasional glitches that hinder users from accessing or using it.
  • The loan limit may not be high enough to cater to users with substantial financial needs.

Loan Product Information and Example Loan

  • Loan Amount: From GHS 100 to GHS 5,000
  • Loan Term: From 91 to 365 days
  • Daily Interest Rate: 0.07% (equivalent to a monthly interest rate of 1.8%)
  • Service Fee: 10%-20% (deducted from the loan amount)
  • APR: 10%-22%

Example for a Loan:

If a user applies for a loan of 3,000 GHS with a loan term of 91 days, they will be charged a daily interest rate of 0.07%, resulting in a total interest of GHS 191 and a service fee of GHS 240. The total repayment amount will be GHS 3,431 in one installment.

Registration Requirements

To sign up for SonicCredit, users need to meet the following conditions:

  • Valid Ghana ID Card / Voter ID Card / Passport
  • A bank account
  • Being a resident of Ghana, aged 18 or above
  • Stable employment and income

Registration Process

Step 1: Install the SonicCredit app on your mobile phone.

Step 2: Register using your mobile phone number and provide the necessary information as requested by the app, including:

  • Full name, date of birth, address
  • Employment details, income level, etc.
  • Upload images of your Ghana ID Card or Voter ID Card, etc.

Step 3: Submit the registration form, and once approved, the loan amount will be transferred directly to your bank account.

Loan Repayment

SonicCredit offers flexible payment options for users, including early repayment to reduce the interest rate. Payments can be made through the app or other agreed-upon methods of payment.

Contact Information for SonicCredit

If you have any questions or need assistance, please contact SonicCredit via the provided email address or physical address. The support team of the app will be more than happy to address any inquiries you may have and assist you throughout the process of using the cash loan application. SonicCredit is always available to support you 24/7, ensuring you have a convenient and seamless borrowing experience.

Some frequently asked questions

How can I apply for a loan from SonicCredit?

To apply for a loan from SonicCredit, you need to download and install the loan app on your mobile phone. Then, you’ll need to register with your mobile phone number and provide the necessary personal information. After completing the registration, submit your loan application and wait for approval. Once approved, the loan amount will be directly transferred to your bank account.

Who can apply for a loan from SonicCredit?

Individuals with a valid Ghanaian ID card, voter ID card, or passport, owning a mobile money account in their own name, and being a resident of Ghana over the age of 18 can apply for a loan from SonicCredit.

What is the maximum loan amount provided by SonicCredit?

SonicCredit App provides loans ranging from GHS 100 to GHS 5,000, with loan terms ranging from 91 to 365 days.

What are the interest rate and service fee?

The daily interest rate is 0.07%, equivalent to a monthly interest rate of 1.8%. The service fee ranges from 10% to 20% and will be deducted directly from the loan amount.

What is APR, and how is it calculated?

APR (Annual Percentage Rate) is the annual interest rate calculated based on the daily interest rate and service fee. SonicCredit’s APR ranges from 10% to 22%.

How to calculate the total amount to be repaid after the loan term?

To calculate the total amount to be repaid after the loan term, you need to add the total borrowed amount, the calculated daily interest, and the deducted service fee.

Can I repay the loan early?

Yes, you can repay the loan early to reduce the amount of interest.


SonicCredit is a reputable and convenient cash loan application in Ghana. With 24/7 customer support, users can quickly and easily receive loans on the same day. Despite some drawbacks such as high-interest rates, SonicCredit remains an attractive option for individuals needing to address emergency situations or enhance their personal financial management capabilities.

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