| Interest Rate | 24% |
| Duration | 30 |
| Access Level | Public |
| Company Name | LEVER CREDIT DEV |
| Phone 1 | +237 683928164 |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Mild Loan |
| Company Email | |
| Views | 60 |
Step by step guide to break free from loan apps
About Crédit levier-prêt sécurisé
Get instant loans from 50,000 FCFA to 500,000 FCFA with our transparent digital lending platform.
Loan Terms at a Glance
✔ Amount: 50,000 – 500,000 FCFA
✔ Duration: 120 to 360 days
✔ Interest Rate (APR): 12% – 36%
✔ Max Annual Rate: 36%
Example Loan Calculation
For a 100,000 FCFA loan at 24% APR over 360 days:
Principal: 100,000 FCFA
Total Interest: 24,000 FCFA
Total Repayment: 124,000 FCFA (Principal + Interest)
📌 No hidden fees, no insurance costs – you pay only the agreed interest.
Why Choose Secure Leverage Loan?
✅ Credit-Based Approval – No collateral or deposits required
✅ Instant Decisions – Most applications approved within minutes
✅ Zero Hidden Charges – Transparent terms with no surprises
✅ 24/7 Application Processing – Apply anytime, anywhere
✅ High Approval Rate – Accessible to qualified borrowers
Eligibility Requirements
Cameroonian resident
Age 20–65 years
Steady income source
Valid government-issued ID
How It Works
Download the Secure Leverage Loan app
Register with your personal details
Verify your identity in-app
Select your desired loan amount
Receive Funds – Approved loans disbursed directly to your account
Expert Counsel
Under Cameroonian Law, loan agreements must comply with strict financial regulations to be legally enforceable. Borrowers have rights protected by:
Banking Sector Regulation Law (2018)
OHADA Uniform Act on Contract Law
CEMAC Microfinance Guidelines
Data Protection Law No. 2010/012
When a Loan Agreement May Be Invalid in Cameroon
1️⃣ Unlicensed Lenders
→ Any lender operating without approval from COBAC (Banking Commission of Central Africa) or MINFI (Ministry of Finance) is illegal.
→ Verify licenses via www.minfi.cm
2️⃣ Excessive Interest Rates
→ The CEMAC region caps interest rates at 30% APR for microfinance institutions.
→ Contracts exceeding this may be challenged in court.
3️⃣ Fraudulent Practices
→ Misrepresentation of terms or hidden fees voids contracts under OHADA Contract Law Article 96.
4️⃣ Illegal Harassment
→ Loan apps cannot:
• Contact your phonebook without consent (Data Protection Law)
• Threaten or defame you (Penal Code Section 154)
→ Report violations to ANTIC (National Cybersecurity Agency).
5️⃣ Missing Documentation
→ Loans above 100,000 FCFA require:
• Signed agreement
• Clear repayment schedule
• COBAC/MINFI license number
Borrower Rights & Recourse
✔ Right to Cancel: 3-day cooling-off period for digital loans
✔ Right to Complain: Submit grievances to COBAC or MINFI Consumer Protection Desk
✔ Right to Privacy: Lenders must comply with Law No. 2010/012 on data collection
Penalties for Illegal Lenders:
• Fines up to 50 million FCFA
• License revocation
• Criminal prosecution for harassment
Safe Borrowing Checklist
✓ Confirm lender’s COBAC registration
✓ Ensure APR does not exceed 30%
✓ Never share phonebook access
✓ Insist on a written contract
Victim of predatory lending?
📞 COBAC Hotline: +237 222 22 25 72
📧 MINFI Complaints: dg-microfinance@minfi.cm
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Safely Report A Loan Shark
If you have borrowed from a loan shark or are worried about someone else, we’re here to help and keep you safe. Learn how to break free from their grasp.
