Credit Loan App: Naira Loan 716l

Android App Analysis and Review: Credit Loan App: Naira Loan, Developed by NAVI FINANCE LIMITED. Listed in Productivity Category. Current Version Is 1.0.9, Updated On 26/05/2023 . According to s reviews on Google Play: Credit Loan App: Naira Loan. Achieved Over 373 thousand Installs. Credit Loan App: Naira Loan Currently Has 1 thousand Reviews, Average Rating 4.9 Stars

Credit Loan App is a personal loan platform in Nigeria. To meet your various funding needs, you can apply for a loan on our platform. The application process is simple, and it takes less than 10 minutes to complete the minimum document record, after which the approved loan amount is immediately transferred to your bank .

√ We provided the following loan
Loan amount: ranges from 1,000 to 100,000 Naira.
Loan term: The shortest term is 90 days, while the longest term is 365 days.
Interest rate: from 0.057% to 0.075% per day.
Handling fee: 2%
The Maximum Annual Percentage Rate (APR) is 35.49%

√ Loan example
If your available loan amount is 30,000 NGN, the maturity date is 120 days, number of repayment periods is 4 month, the interest payable is as follows:
Total interest = borrowing principal * daily interest * maturity date
Total interest = 30,000 * 0.075% * 120 = 2,700 NGN

Total debt is 30,000 NGN principal + 2,700 NGN interest + 600 NGN Handling fee = 33,300 NGN

Repayment amount per period = total debt / number of repayment periods
Repayment amount per period= 33,300 / 4 = 8,325 NGN
The APR is 33.46%

√ Qualifications
1. Resident of Nigeria.
2. 20-55 years old.
3. Sources of monthly income.

√ Safety
All transactions are encrypted with 256-bit SSL. All data is sent via a secure connection. We will not share your information with any third party without your permission. Your information is secure with us.

√ us
Customer Service Email: [email protected]
Address: 12 Celestial Road, Satellite Town, Lagos

Read more