NowCredit-Secure Loans

NowCredit is a platform that enables online loan applications with a focus on security, efficiency, and transparent pricing.

Applying for a loan at NowCredit involves the following steps:

1. Install the NowCredit application.
2. Create an account.
3. Provide basic personal information.
4. Link your preferred account for loan disbursement from options like Opay, Palmpay, FairMoney, Branch, or a standard bank account.
5. Submit your loan request for approval.
6. Receive the approved loan amount within 10 minutes post-approval.

Key Loan Features:

• Loan Range: 10,000 Naira to 200,000 Naira
• Loan Duration: 91 days to 365 days
• Annual Percentage Rate (APR): 12% to 30%

Illustrative Loan Calculation:

If you borrow 10,000 Naira for 12 months at an 18% interest rate:

• Total Interest over 12 months: 10,000 * 18% = 1,800 Naira
• Monthly Interest: 1,800 / 12 = 150 Naira
• Total Repayment: 10,000 + 1,800 = 11,800 Naira
• Monthly Installment: (10,000 + 1,800) / 12 = 984 Naira

Timely bill payments and a positive credit history can enhance your credit limit over time.

If you have any queries regarding the application process, please reach out to our customer service team at [email protected]. Address: 20 Avenue Central Business District, Alausa Ikeja, Lagos.