Creditmesan is a relatively new loan app that provides personal loans to Nigerians with no paperwork or collateral needed.
The software, which has garnered both bad and positive reviews on the Google Play Store, has been downloaded by more than 10,000 people.
In essence, it gathers data using algorithms, such as your phone number, details of financial transactions, and your BVN, to calculate your credit score.
Whether or not you qualify for a loan will depend on the outcome of this analysis. Go through the details below to learn how it works.
Creating A Creditmesan Account
Simply follow these simple steps to register and submit an application for this quick online loan:
1. First, download the app.
2. Next, fill out the platform’s account registration form to create an account. It is recommended to utilize the phone number you linked to your BVN for verification purposes.
3. Provide the required Know-Your-Customer (KYC) data. This contains details about your home address and close family members.
4. Subsequently, enter your BVN so they can verify it.
5. You can start requesting loans after your ATM card is connected to your account.
What prerequisites must be satisfied in order to apply for a Creditmesan loan?
To use this site to acquire a rapid loan, you must fulfill the following requirements:
1. You have to be a Nigerian citizen or resident.
2. Be older than 18 years old.
3. Find a steady and stable source of income.
4. You need to be ready to link your account to an active ATM card.
5. Along with factual information, include the phone numbers of two relatives.
6. You are not permitted to owe money to other loan sites. 7. Keep your credit score good.
8. Maintain a regular bank account.
9. You must have a legitimate ID card that the government has provided.
Frequently Asked Questions (FAQs)
What Is The Interest Rate On The Creditmean Loan Application?
The following is a list of all fees and interest rates applicable to this loan platform:
1. Loan amounts range from N5,000 to N50,000.
2. Service fees and interest rates range from 2% to 35%.
3. The Annual Percentage Rate (APR) might rise as high as 2740.44 percent.
4. A single late fee equal to 8.8% of your loan total is charged.
4. Your minimum repayment period is 61 days.
5. A maximum repayment period is 180 days.
You can also get a loan using Access Bank Payday Loan or via a Short Code To Borrow Loan
What Happens If I Don’t Pay Back My Loan By The Deadline?
The site will charge you 2% per day for each day that your loan is in default. It is imperative that you repay before the deadline. If you make your repayments ahead of time, your loan eligibility increases.
Furthermore, defaulting results in problems with the credit bureau. Other loan platforms won’t be available for you to use to obtain loans.
How Can I Obtain The Creditmesan Loan Application?
This app is only available on the Google Play store. What you need to do is
1. Open the Android device’s Google Play Store app.
Search for “Creditmesan” after that.
3. Install the loan application.
I Want To Contact Creditmean Loan App. How Do I Do That?
The following is how to contact Creditmesan:
Adeniyi Jones, Number 60, Ikeja, Lagos
Dial +234 9121540760 for phone.
Contact information: [email protected]