Palmcredit loan app is an online app that provides quick loans in Nigeria with no collateral, you can easily apply for a quick loan.
Transnet Financial Nigeria Limited owns and controls all activities associated with the Palmcredit loan app.
Nigerians can get loans through the Palmcredit loan app from any location, anytime without the need for collateral. It is one of the most popular instant loan providers in Nigeria due to its low-interest rates. Anyone can apply for a loan, but all applicants must use the app that can be downloaded from the Google Play store.
This platform is very popular in Nigeria. This platform has provided loans to Nigerians each year without any collateral. Like all loan providers, you must follow the rules. This loan platform will prove to be useful if you adhere to the terms and conditions. They have always stated that they will provide loans within 5 minutes.
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Plamcredit loan app requirements
You may be required to submit the following information to get a loan.
- Bank Verification Number (BVN)
- Full name
- Number of the primary telephone
- Information about bank accounts
- Information about occupation
The requirements are generally not very important. These are only basic information.
How to obtain a loan from Palmcredit
These steps will help you get a loan at Palmcredit.
1. Install the app onto your phone
First, install the app on your phone. This platform currently only supports the Android app. No app is available for iOS and Windows. There are two ways to install the app. You can first visit the online portal, enter your phone number, and then you will get the app. You can also download the app from the Google Play store. You cannot apply for a loan without the app.
Once the app has been installed on your phone, you can now register. Next, register. Follow the instructions on the screen. All information is necessary. You may need to verify your phone. To verify your phone, they will send you a code that you can enter into the app.
3. Apply for a loan
After you have registered, you can apply to borrow money. It is simple. It will be right there in the app, where you click.
After you have submitted a loan application, you need to wait until you receive a loan approval. It takes very little time. It doesn’t take long, as long as you give accurate information.
5. Receive your loan
After your loan has been approved, you will be able to receive it and have it sent directly to your bank account.
What loan amount can you get?
Palm credit allows you to get a loan of up to N100,000. The maximum amount can be modified at any time!
Palmcredit loan app Interest rate
They don’t charge any origination fees, transaction fees, or rollover fees. The loan interest rate is 14% to 24%. The equivalent Monthly interest is 4.6%. The Annual Percentage Ratio (APR) for a Palmcredit loan is 56.78%.
Palmcredit loan repayment
It is easy to repay a loan. Log in to the app. Click on “my loans”. You can then choose how much you wish to repay. You can pay with your card directly from the app.
If you are unable or unwilling to repay the loan, you can use their account number to pay back. You should contact their customer service before you pay into the account.
The loan term is between 14 and 180 days
Palmcredit loan Contact numbers
Contact phone number: 017001000
You have two options to get the app. To get the app, you can either visit the portal and enter your number or download the app from the Google Play store. This app is only for Android phones. It’s not available for iOS, Windows, or Blackberry.
Download the Palmcredit loan app for iPhone
There is no download link for iPhone users and iPhone users can not use the Palm credit loan app. It only supports Android users.
Palmcredit loan code
There is no USSD code needed for you to apply for a credit loan, all loan applications must be done through the Palm credit loan app
Website of Palmcredit
Although the site is at www.palmcredit.co, it is currently offline. They operate the loan via the app, so this is irrelevant. To reach out, you can use their Facebook Page.
Send an email
The contact email is firstname.lastname@example.org
Login to Palmcredit
Simply open the app to log in. To get the app, you can download it from the Google Play store.