Newcredit loan app is a Personal and safe loan service app in Nigeria, that borrows cash to customers who meet their requirements. This loan is easy to apply with simple steps. Newcredit loan app makes it easy and convenient for everyone to get loans anytime with no stress.
This review is from the owners of newcredit loan app. This article will extensively discuss the various features of this loan app, it’s requirements, interest rate and customer care service.
Loan amount
Newcredit loan lend money to customers ranging from ₦10,000 to ₦300,000.
Loan tenure
Repayment period ranges from 91days to 365days.
Newcredit loan Interest rate
The interest rate of this loan app ranges from 24% to 56% per year. Below is an example of how it is calculated.
Example: If you choose a 6-month loan and borrow ₦100,000,Newcredit charges an interest rate of 4% per month.Borrow NGN interest rate:24% and the APR is 48%.180 days repayments of ₦24,000.Total amount payment is ₦124,000.
See more: How to get a loan from Goloan app
How to apply for loan newcredit loan
1. Download the Newcredit safe and instant loan app.
Download the Newcredit loan app for Android. For iPhone you can download the app here
2. Register an account with phone number. After that, you can login to your account on the app.
3 Fill out basic information and submit loan application.
4 Receive your loan straight into your bank account.
Requirements
1.Nigeria resident.
2.18-60 years old.
3.Valid document and proofs.
Newcredit loan app review
This app is a legit loan app as the customers have confirmed they give loans. Many users of Newcredit loan app acknowledge that the app is good and reliable. They confirm it works well.
Some users however complain about the delay in verifying and reflecting repayments as well as high interest rates.
See more: How to apply for Nicenaira loan app
Newcredit loan app customer service
The owners of newcredit loan app gives you loan without much stories, they are always excited to hear from you if you have any questions, feedback or enquiry.
• They are available 24/7 to assist you with your request. This app do not have a customer care number to contact them. But feel free to contact them through the service email provided below:
• Service Email: [email protected]
Or
• Their Office Address: 45c Sobo Arobiodu St, Ikeja GRA, Ikeja, Lagos, Nigeria
See also: how to apply for pasa loan in Nigeria
Good Afternoon Sir/Ma,
I need loan of N300,000.00. for a yr. what is the interest?
Also method of payment.
Please read the article and follow the procedures on how to get a loan from the loan app