About ChopaCredit Loan App
The app ChopaCredit is a fast and secure personal-loan service in Nigeria operated by BLUPRIMVERTEX Limited. It provides access to credit with a clear, safe and user-friendly application process. All loan terms, interest rates, and fees are transparently disclosed.
Whether you need urgent funds for business, bills, or personal needs, the ChopaCredit app aims to simplify the borrowing process while maintaining regulatory compliance and data security.
Loan Products and Terms
ChopaCredit offers flexible loan options tailored for Nigerian users:
- Loan range: ₦20,000 to ₦100,000
- Minimum and maximum term: 90 to 360 days
- Annual Percentage Rate (APR): 20% to 36% (depending on borrower’s risk profile)
Example:
- Loan amount: ₦100,000
- Term: 90 days
- APR: 22%
- Interest calculation: ₦100,000 × 22% ÷ 365 × 90 = ₦5,400
- Total repayment: ₦100,000 + ₦5,400 = ₦105,400
Repayment done in full after the 90-day period; no instalments required.
Key Features of ChopaCredit
- Personal loans with fixed repayment terms.
- Simple loan application and disbursement process.
- Full account deletion supported — you can remove your entire account and data.
- All data transmissions are encrypted (via HTTPS).
- Clear, transparent terms: fees, interest rates and conditions are displayed up-front.
How Users View the App on Google Play
According to the Google Play listing for ChopaCredit:
- The app has been downloaded in the 5K+ range.
- It indicates strong data safety practices: no data shared with third parties, data encrypted in transit, and users can request full data deletion.
- The “What’s new” section mentions improved repayment link for faster transactions and bug fixes for improved stability.
- The description emphasises transparency, user-friendly design, and licensed lending by BLUPRIMVERTEX Limited in Nigeria.
What this means for you:
- The relatively modest number of downloads (5K+) suggests the app is still growing, so you may be among early users.
- The developer emphasises compliance and data security, which is important given concerns around online lending in Nigeria.
- The updates reflect active maintenance, which is a positive sign for app reliability.
- As always, check current ratings and reviews in the Play Store before you download, because user experiences (loan approval time, customer support responsiveness) can vary.
Data Deletion Policy
ChopaCredit places emphasis on privacy and user control:
- You can request full account deletion through the app or by contacting customer support.
- Once deleted, all your personal data will be permanently removed from the company’s servers.
- The app does not support partial deletion of data without full account deletion.
Regulatory Compliance and Legitimacy
ChopaCredit is operated by BLUPRIMVERTEX Limited — a licensed lending service provider in Nigeria, and compliant with local regulations including the Federal Competition and Consumer Protection Commission (FCCPC) requirements. The developer states full transparency regarding loan conditions and user data practices in accordance with Google Play policies.
Privacy and Compliance Policy
- The app is not intended for persons under 18 years of age.
- No user data is shared with third parties except as required by law.
- Full privacy policy and terms of service available here: Privacy Policy
How to Apply for a Loan on ChopaCredit
- Download ChopaCredit from the Google Play Store.
- Sign up using your mobile number and fill in the required personal information.
- Choose a loan amount (between ₦20,000 and ₦100,000) and term (90-360 days).
- Receive instant approval (depending on risk profile) and disbursement to your bank account.
- Make full repayment at the end of the term to maintain eligibility for future loans and avoid extra fees.
Customer Support
If you need assistance:
- Email: Ibrahim@bluprimvertex.com
- Phone: +234 703 549 4862
- Company Address: 29 Jonathan Coker Road, Fagba, Lagos State, Nigeria
Is ChopaCredit Legit and Safe to Use?
Yes — ChopaCredit appears to be a legitimate lending option in Nigeria: the app is run by a registered Nigerian company, it discloses its terms clearly, and it emphasises data security. The Google Play listing supports this with data safety declarations and compliance statements.
However, as with any loan app:
- Borrow only what you can repay.
- Read all terms carefully (interest, fees, repayment schedule).
- Pay on time to avoid penalties or negative credit implications.
Conclusion
For Nigerian users seeking fast online personal loans, the ChopaCredit Loan App is a solid option. With loan amounts from ₦20,000 to ₦100,000, transparent interest rates (20-36% APR), full data-privacy features, and a user-friendly mobile experience, it ticks many boxes of a reliable lending app. The Google Play listing further shows the developer is actively maintaining and emphasising compliance and security.
If you’re looking for a reputable, FCCPC-compliant app to borrow money online in Nigeria, ChopaCredit may well be worth considering.