In this article, we will tell you all you need to know about Crowdyloan and the app download with the registration process, whether it is a scam loan company or not.
Do you know about a website known as Crowdyloan? Do you want to invest your funds in crowdyloan as you can visit their website today? If so, I’ll explain how to take your money and withdraw it as well as earn income from CrowdyLoan.
Crowdyloan review will give you a comprehensive review of the platform that will provide the complete view of the platform. It will provide you with all the information you must be aware of the platform. This review can assist you make the right choice about the platform, and you can determine whether it is worth the effort or not.
CROWDYLOAN is a legitimate as is! I was also skeptical however, after reading the reports of the sites detectors, I felt confident and decided to invest my N1000 because it was something that i could easily lose. Now, i have two accounts that hold the combined funds that are not withdrawn of N200,000! !
What is Crowdyloan?
Crowdy Loan is an online peer-to peer platform that lets members can lend money to each other in exchange for a fee. As of the date when this review was written it costs N5000 to be a lender. According to its promises, each member earns up to 160,000 Naira each month.
In the previous paragraph it is stated that crowdyloan is an online platform that lets members lend each other’s funds in exchange for a commission, but the commission won’t be given to you by the person who lends you the money to, but instead by the new member who is registered or an existing member who will provide an additional loan.
The platform is a third-party and therefore not responsible for giving the loan. It is merely an online platform that allows people with similar interests to get together and aid each other.
In simple terms, crowdy loan is a peer-to peer Ponzi scheme that is similar to mypay247 was previously mentioned in the first section in this article. However, the model of the loan offered by crowdyloan is different from mypay247 in that it there are levels, and the higher your status rises, the more you earn through the platform.
Crowdyloan: is it legiti? I know this is probably the most important concern that is occupying your thoughts this moment but it is important to take a moment to read the fundamental details as well as a brief description of the platform. While reading this you will be able rate the platform on your own and determine whether or not it is an additional fraud.
To be an CrowdyLoan member, you must pay a sum of N1,000.
CrowdyLoan states that its members can earn as much as N160,000 in just one month of N1,000 membership.
How do you make that happen? We’ll explain the answer here. Let’s look at exactly how CrowdyLoan platform operates as well as how to sign up in the event that you’d like to. You’ll also be able to tell whether the company is genuine or a huge scam.
How Does Crowdyloan Works?
As of the date when this review was written Crowdy Loan review, the platform is available with six loan tiers and, to become a full member of this platform you have to provide an initial loan of 5,000 Nigerians to an already a member who has lent you money and is waiting for your return. . According to CrowdyLoan it is possible to earn up to N160,000 within one month with a single payment of $1,000, and then moving from tier one to the next.
Crowdyloan Lending Levels
The financial platform has six (6) levels, the last level is where you earn N160,000.
- Level 1: Give N1,000 loan & Receive N5,000 in 5 minutes.
- Level 2: Give N5,000 loan & Receive N10,000 in 2 days.
- Level 3: Give N10,000 loan & Receive N20,000 in 4 days.
- Level 4: Give N20,000 loan & Receive N40,000 in 6 days.
- Level 5: Give N40,000 loan & Receive N80,000 in 8 days.
- Level 6: Give N80,000 loan & Receive N160,000 in 10 days.
It is the standard setting on the platform . As soon as when you sign up you’ll automatically become the level zero participant on the platform until you decide to go to the level one by offering an amount of 5000 naira to an existing user on the platform.
The first stage on the platform, and it is required to raise N5000 and you’ll need to make a loan of the above amount to an existing user of the platform. when they accept the donation, you’ll be elevated to the next level one right away. When you’re at first level, you’re eligible to receive the 5000 amount from two members of the platform within 24 hours or whatever the situation could be.
This is the next level on the platform of crowdyloan and to be upgraded to this level, you need to offer a loan of N10,000 to a user of the platform. After the donor has accepted your donation, you’ll be upgraded to level 2 immediately, which gives you the chance to get an enthralling amount of N20,000 within 2 days.
It is the third level on the crowdyloan platform . to be upgraded to this level, you need to offer a loan of N20,000 to an existing member of the platform. After the donor has accepted your donation and you are upgraded to the level three which will allow you to get a massive amount of N40,000 within four days.
The fourth stage on the platform of crowdyloan and for you to move to the next stage, you have make a an N40,000 loan to a person who is a member of the platform. Once the donor has accepted your donation, you’ll be upgraded to the next level immediately, which gives you the chance to get the amount of N80,000 within eight days.
This is the fifth stage on the platform of crowdyloan and to be upgraded to this level, you need to make a loan of N80,000 to a user of the platform. After the donor has accepted your donation and you are automatically upgraded to level 4 which will allow you to earn a staggering amount of N160,000 within four days.
This is the full description of every level of crowdyloan as well as how they work and the breakdown above illustrates that for only 5000 Naira it is possible to make 160000 Naira in only 30 days. After you have received the first installment loan you aren’t required to withdraw any funds out of your pockets and you’ll use the money you earned from prior levels to get to the next stage.
Crowdyloan Referral Code
Crowdyloan also offers an affiliate program that offers you the chance to earn cash by inviting other to join the platform. It’s a recurring Commission and whenever your friend is able to lend you money you’ll get a specific percentage until they stop providing Loan.
In order to refer others and earn commissions on their activities You will require the code to refer people to crowdyloan. it will enable the system know who was referred to whom and to which account to pay commissions.
To obtain your own Crowdyloan referral code, log in to your account at crowdyloan. go to the menu bar in the top left of the website. Select referrals, and you’ll be able to view your referral code as well as link.
You can Apply For Quick Loan Using These Loan Apps
These loan apps are only for urgent loan for personal needs, they are all genuine loan apps