Is EasyCredit Loan App Worth It
EasyCredit Loan is another loan app that many people use. The loan app is real or not, but many people want to know more about it. In this post, we’ll tell you everything you need to know about this loan app. It is one of the best apps for getting money in Nigeria.
EasyCredit has been in business in Nigeria for more than two years and has been competing with other loan apps like Branch, Palmcredit, Quick Check, and many more. Palmcredit Loan App:
Watch the below video on Easycredit Loan App:
Fake or real?
Is EasyCredit Loan app real or not
The EasyCredit is a loan app that has been approved by the CBN. So they can be trusted as a legit loan app in Nigeria, so that is why.
It doesn’t say how much money I can get from Easy Credit.
EasyCredit has a wide range of loans for their customers, from 2000 Naira to 500,000 Naira. You might not get a lot of money at first, but as long as you pay back your loan on time, it will get better. This is what we’re going to say.
How long does it take them to pay back?
When you apply for a loan with EasyCredit, you can choose how long you want to pay back your loan. If you choose three months, you can pay back your loan in that time.
Suppose I don’t pay back my loan.
Remember that if you don’t pay back your loan on time, you may be blacklisted and you may not be able to get another loan.
How can I get the EasyCredit App?
You can get the app from the Google play store. You can get it there.
Is EasyCredit the best place to get a loan?
Get the iMoney Easycredit loan app from the Google play store or Apple app store if you’re on iOS. Then, go to the iMoney website and fill out the form.
Share some information about yourself, like your job, ID card, BVN number, and so on. Then, check to see if the information you provided is correct. Once you’re approved, you’ll get money in your bank account. It should not take more than 10 minutes to finish the whole thing, though.
An app called Easycredit Loan App has a low interest rate.
12 percent to 36 percent APR is the interest rate you can get on your Easycredit loan. There is no service charge for this loan.
If the loan amount is 5,000, the loan term is 180 days, and the interest rate is 12%, the total interest should be 5,000 * 12% = 600.
Suppose I can’t pay back my Easycredit loan. What will happen?
If you don’t pay back your loan on time, you’ll be charged 2% per day. It is therefore a good idea not to go over the due date. You can get bigger loans if you pay back the loan on time. Late loan payments will hurt your chances of getting more or bigger loans in the future. If you are very late with your payments, they will report you to the First Central Credit Bureau, which can hurt your credit. Blacklisting by the First Central Credit Bureau may make it hard for you to get money from other lenders.
EasyCredit Loan App: Conclusion
It’s safe to say that EasyCredit is a trusted Nigerian loan app that you can rely on when you need an online loan because they are quick to get a loan approved and send the money to your bank account.