One of the best platforms for one to apply and get a quick loan is the credit wallet loan app, it gives you the ability to borrow loans to fund your business or for personal use.
Most times people usually have problems when it comes to applying for and getting their loan approved on the credit wallet loan platform, this is why this article was written.
At the end of this article, you will know how to easily apply for a loan, and get it approved and credited to your account. We will equally discuss some of the most frequently asked questions anyone might have about this topic. Stay tuned and pay close attention.
What Is Credit Wallet Loan ?
Credit loan app is one of the best online loan platforms that offer loans to individuals or business owners when needed. This loan platform was established in 2019, and it is one of the most reputable and great credit loan platforms in Nigeria.
This platform offers loans of different ranges, but the highest loan you can obtain from this platform is #1,000,000 in just 15 minutes, and the best part is that this loan will be credited to you immediately after your account has been approved.
Moreover, you do not need any collateral or any paperwork to get a loan from this platform.
Furthermore, the loan disbursement process on this powerful credit app is automated, which makes it very easy and stress-free, so that anyone can be able to apply.
In addition to these, the application process for this loan is 100% online, this makes it easier for the masses because you don’t need to visit any branch for any type of paperwork or collateral.
Another important factor to consider is that the loan repayment process of this loan app is very convenient, which makes it very easy and smooth for business owners to utilize and help them borrow loans automatically without stress.
What Services Does This Credit Wallet Offer To The Masses
As we’ve said at the beginning of this article, this platform focuses on offering loan services to Nigerians. As a Nigerian with a very good source of income, you can easily apply for a loan on this platform and you will be sure of getting approval.
Aside from offering loans to individuals, this platform provides loans for small to medium size businesses, to scale up their businesses, acquire new customers, and generate revenues.
Read Also: How to Grow your Business through Loans
How To Apply For The Credit Wallet Loan
It is very easy for one to apply for a loan on this platform and expect his or her loan to be approved.
There are several ways to apply for a loan on this platform, but the steps we have written down are the easiest: follow through, apply for the loan and your loan will be approved.
Remember that if you miss any of the steps, chances are that your loan will not be approved and disbursed to your account, this is why you should take this article very seriously.
- For you to apply for a loan on this platform and get approved, you need to visit the credit loan official website, this website has a great user interface and user friendly
- The next thing you need to do is to locate the “apply now button” and click on it.
- After that, you need to proceed and fill in the loan amount you want to apply, the tenor of the loan, and other necessary information, when filling this area, it is vital for you to fill them in correctly, any mistake in this area will lead to the automatic disqualification of your loan application process.
- Next, you need to finish off your application process by filling in your details correctly. This loan platform will check it thoroughly to make sure what you filled in is correct and corresponds to the information linked to your bank verification number. If after the process they found out that your application process is legit, then your loan will be approved and within 15 minutes, your loan will be credited to your standard bank account.
Documents Needed For The Application Of Loan On The Credit Wallet Loan Platform
There are various documents you need to apply for a loan on this platform. In this section of this article, we will be listing some of the most important documents that you need to apply for a loan on this platform. You should note that if you do not provide this document completely, your loan application process will not be approved, so take this process seriously.
- You need a working BVN that is linked to a working bank account for the verification of your imputed details
- You need a working phone number to receive your account activation code during the loan application and registration process
- You need a working email address, this is because you need to confirm your email address before you can proceed with the loan application process
- A residential address
- And employment details, to know how much you earn and to vet if you can pay back the amount of loan you intend to borrow.
- You need a working credit history, the benefit of having a good credit score on your credit history is that it enables you to borrow money from this platform. A high credit score shows that you pay back each money you borrow promptly, in addition to that it shows that you are not owing any loan borrowing platform across the country and this includes banks.
If you are owing any loan platform, your loan application on the credit loan platform will not be approved. In addition to this, you must remember to permit the platform to access your credit history as this is of extreme importance to determine if your loan will be approved or not.
How To Download The Credit Wallet Apk
For you to be able to download the credit loan app, all you need to do is for you to follow the steps I’ve listed below, and they are
- Firstly, you need to open your app store, that’s for those using iPhone, but if you are using Android you can easily download this by tapping on your Google play store app.
- The next thing you need to do is for you to search for the credit loan wallet on your play store or app store.
- Then click on the download button, but before you do you need to check how many downloads it has. At the time of writing this, the credit loan app has over a million downloads with over 100 thousand reviews, the benefit of checking this is that it gives you an insight into what to expect after you’ve downloaded and started using the app. In addition to that, this loan app has a 4.5-star rating on the Google play store which is a good thing.
- Then install, open the app, sign up and go ahead to apply for a loan. Make sure you provide the necessary information completely and you follow the guidelines we have written down in this article.
How To Contact Credit Wallet Loan Platform
It is easy to contact the credit loan platform, to contact this platform or institution, you need to follow these simple ways
- Office address: Their office address is situated at number 23 Opebi Rd, Allen, Ikeja Nigeria
- Phone number; 2347085698828
- Their email address is: [email protected]
- Their website, just in case you wish to apply for a loan through the website, you can easily click on creditwallet.ng
Frequently Asked Questions
How Good Is the Credit Loan Platform?
There are so many indices by which a credit loan platform is rated as good, one of those indices is how many downloads it has on the Google play store, the benefit of checking how many downloads this loan app has is that you have an idea of how many people that are using this loan app across the country.
At the time of writing this, there are over 1 million downloads and over 100,000 reviews, this makes the loan app one of the best loan apps in Nigeria.
What Happens When One Defaults?
Before you can borrow from any loan platform, credit loan app inclusive, an agreement is usually made, the purpose of this agreement is for you to understand the terms and conditions that are surrounding the loan.
Afterward if agreed by you, this loan will be granted to you. If at the end of the stipulated period you do not pay back the loan, this loan app will give you an additional period for you to pay up, if you don’t at the end of this grave period, they will come after you.
When was this loan platform established?
The credit loan platform was established in 2007, and since then it has been providing individuals and business owners the amount of money they need to scale up their businesses, individuals too, have been obtaining loans from this platform to seek themselves out.
If your application is approved, you will get credit to your standard bank account.
Bottom Line
We have come to the end of this article. We believe that this is worth your time and answered the questions you may have about Credit Wallet loans.
You may share your thoughts and questions in the comments section below.
