Floatr-Access Loan App – Reviews, Legitimacy, Steps to Instant Online Loan


With Floatr loan, you can get immediate access to Instant Online Loan without collateral up to the sum of NGN300,000 to attend emergency financial needs that may come up from time to time.

Get instant microloans with Floatr. Quick approval, flexible terms.

The information provided in this article concerning this app is based on information available from the owners of the app.

Floatr is your trusted companion when you need instant microloans. Their user-friendly app provides quick loan approvals, flexible repayment terms, and a seamless borrowing experience. With Floatr, you can access funds whenever you need them, whether for emergencies, unexpected expenses, or personal projects.

Floatr Loan App’s Legitimacy

The Federal competition and consumer protection commission (FCCPC) is a Nigerian Federal Government Commission aimed at protecting consumers including loan product consumets from unfair business practices. FCCPC as part of it’s mandates has approved some loan apps. follow this link to access the full list in the FCCPC website to confirm legitmacy directly.

Features Of Floatr Loan

The following are the main features of  Floatr Loan Product:

1. Duration: 84days to 196days

2. Loan amounts: Borrow from NGN5,000 to NGN 300,000

3. Interest rate: varies from 1% to 10% depending on the loan

Their interest rate is computed daily leading to an annual percentage rate (APR) that falls within the range of 36.5% to 360%


As an illustration, let’s consider a 91-day Floatr loan with an interest rate of 7%. For a loan amount of NGN 5,000, the interest would amount to NGN 350 and a platform fee of NGN 1,500. Therefore, the total amount due at the end of the loan term would be NGN 6,850.

Steps To Apply For And Get Floatr Loan

1. Downloadthe app from Google play store.

2. Follow the prompts.

Requirements To Apply For Floatr Loan

To qualify for Floatr loan, you must meet the following basic eligibility Criteria:

1. You must be a Nigerian citizen with a valid BVN.

2. Users must be between the ages of 20-55 years old.

3. Users must have a consistent source of income to access microloans.


Note: Just so you know, Floatr offers multiple options for loan repayment, allowing you to choose the most suitable timeframe for paying back the loan. 

Reviews From Floatr Loan Customers

Many customers of Floatr-Access who have used the app comment that it is very fast and worked well for them.

However, many customers of Floatr-Access complain about the app. It sometimes gets stuck in the process. Some other Customers complain of difficulty logging into the app making it difficult for them to pay their loan as at when due.

Contact Details Of Floatr loan

To reach Floatr for further information, complaints or other matters you may use the following details:

Email: [email protected]


In conclusion, the above information about Floatr loan app is provided to assist you when you have need for loan to enable  you weigh this against other options open to you so as to take an informed decision.


Equally note that our website, growfinance, neither gives loans nor promotes any loan app over the other but merely gives information to the public based on information available from app owners

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