Crédit levier-prêt sécurisé - Loan Shark Review
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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