CreditWise

CreditWise

At CreditWise, our mission is to make financing easier for Nigerians by providing an instant loan app with affordable interest rates and excellent customer service. We are committed to helping our customers achieve their financial goals and overcome unexpected expenses without breaking the bank.

Our Vision

Our vision is to be the leading loan app company in Nigeria, offering fast and secure loan services that are easy to use and accessible to everyone. We aim to help millions of Nigerians access affordable credit and achieve their financial dreams.

Our Core Values

At CreditWise, we uphold the following core values in everything we do:

Excellent Customer Service: We strive to provide the best customer service to our clients by ensuring that all inquiries are answered promptly and all concerns are resolved in a timely and efficient manner.

Cooperative Partner: We believe in working together with our clients to achieve their financial goals, and we are committed to building long-term relationships based on mutual trust and respect.

Ease of Use: Our loan app is designed to be user-friendly and accessible to everyone. With just a few clicks, you can apply for a loan and receive funds in your bank account within minutes.

Security: We take the security and privacy of our customers very seriously. We use advanced encryption technology to protect all sensitive information and ensure that all transactions are safe and secure.

Instant Loans: We understand that financial emergencies can happen at any time, and that's why we offer instant loans to our customers. With our loan app, you can apply for a loan and receive funds in your bank account within minutes.

Our Services

At CreditWise, we offer a range of loan services to cater to the different needs of our customers. Our loan products include personal loans, business loans, and emergency loans. We also offer flexible repayment schedules to ensure that our clients can repay their loans at their own pace.

Interest Rate

Our interest rates range from 16% to 35% APR (Annual Percentage Rate) depending on the loan amount and repayment period. Our interest rates are affordable and competitive, and we do not charge any hidden fees.

Loan Product

Our loan product offers the following features:

Loan Amount: ₦ 3,000 - ₦ 50,000

Loan Term: minimum 92 days - maximum 365 days

Interest Rate: from minimum 16% to maximum 35% APR

Other Fees: No other extra fees

A representative example of the total cost of the loan, including all applicable fees:

If you borrow 3000 NGN and the loan term is 6-month, and 18% annual interest rate is applicable. So the total Interest would be 3000 NGN *18%*180/365 = 266 NGN. The monthly payment would be (3000 NGN +266 NGN )/6 = 544 NGN. The total repayment amount would be 3266 NGN.

Loan Applicant Eligibility

To be eligible for a loan, you must be a Nigerian resident between the ages of 20 and 60, and have a BVN (Bank Verification Number).

Steps to Get a Loan

Getting a loan with CreditWise is easy and straightforward. Here's how:

Install the App: Visit the Google Play Store and download our loan app.

Register for an account: Create an account by providing your personal and bank information.

Submit your loan application: Fill in the loan application form and submit it for approval.

Get money into your bank account post-approval: Once your loan is approved, you will receive the funds in your bank account within minutes.

Repay on time to get a credit limit growth: To improve your credit limit, it's important to repay your loan