Interest Rate	43%
Duration	7 days
Access Level	Public
Company Name	Creditup
Phone 1
Phone 2
Website or Store
Address
Category	Dangerous Loan
Company Email	help@Creditup.rent
Views	1,042

About Creditup

Creditup is a loan app company that provides fast and convenient financial assistance to Nigerian users. With flexible loan terms and low interest rates, Creditup has become a popular choice among individuals and businesses in Nigeria. This article will delve into the various aspects of Creditup, including its company profile, services, mission, vision, and core values.

Interest Rate

At Creditup, we offer loans with a maximum interest rate of 2.5% per month and up to 30% per annum. This means that as long as you repay your loan on time, you will not be charged any interest fees. We have designed our loan products to be affordable and accessible to everyone in Nigeria.

Company Profile

Creditup was established to address the financial needs of Nigerians who are looking for quick and easy access to loans. Our company is headquartered in Lagos, Nigeria, and we offer loans to individuals and businesses across the country. We are committed to providing our customers with transparent, honest, and ethical lending services that are designed to help them achieve their financial goals.

About Us

At Creditup, we believe that everyone should have access to affordable financial services. Our mission is to provide our customers with quick and easy access to loans, without charging them exorbitant interest rates or hidden fees. We are committed to helping our customers achieve their financial goals and improve their quality of life.

Company Services

Creditup offers a range of financial services to our customers, including personal loans, business loans, and payday loans. Our loan products are designed to be affordable, flexible, and easy to access. We also offer a paperless and digital loan application process that can be completed entirely online, without the need for collateral or paperwork.

Our Mission

Our mission at Creditup is to provide our customers with affordable and accessible financial services that can help them achieve their financial goals. We are committed to offering transparent, ethical, and honest lending services that are designed to meet the needs of our customers.

Our Vision

Our vision at Creditup is to become the leading provider of financial services in Nigeria. We aim to achieve this by offering innovative, customer-centric financial solutions that are designed to help our customers achieve their financial goals.

Our Core Values

At Creditup, our core values are customer satisfaction, cooperation, ease of use, security, and innovation. We believe that these values are essential to providing our customers with the best possible financial services.

Excellent Customer Service

At Creditup, we pride ourselves on offering excellent customer service to our customers. We understand that our customers are the foundation of our business, and we are committed to providing them with the best possible experience.

Cooperative Partner

We believe in building strong partnerships with our customers, suppliers, and other stakeholders. We believe that these partnerships are essential to achieving our business goals and providing our customers with the best possible financial services.

Ease of Use

We understand that our customers are busy, and we want to make the loan application process as easy and hassle-free as possible. That's why we offer a paperless and digital application process that can be completed entirely online.

Security

We take the security of our customers' personal and financial information very seriously. That's why we use the latest encryption and security technologies to ensure that our customers' data is protected at all times.

Instant Loans

At Creditup, we understand that our customers often need access to cash quickly. That's why we offer instant loans that can be approved and disbursed within minutes of the loan application being submitted.

What We Offer

At Creditup, we offer a range of loan products that are designed to meet the needs of our customers. Our loans have flexible terms and low interest rates, making them affordable and accessible to everyone. Whether you need a personal loan, business loan, or payday loan, we can help.

FAQ

Can loan apps post my pictures on social media?

You should not worry about loan apps threatening to post your picture on social media. If you check their accounts, you’ll notice most of them have fewer than 100 followers. This means they are mainly circulating your picture among themselves just to instill fear in you. Never pay a dime if any loan app posts your picture online; they are actually the ones owing you, not the other way around. Instead, report the account to the appropriate social media platform, and it will likely be closed down.

Can they auto-debit my account?

If you linked (bound) your ATM card during registration with a loan app, they can automatically debit your account. To prevent this, you should go to your bank, block the card, and request a new one.

For fully licensed Microfinance Banks that may use the Global Standing Instruction (GSI) or place a lien on your account, the safest option is to move your money to another bank account that has never been registered with loan apps. This will stop them from debiting your funds.

Can they come to my house or office to arrest me?

99% of loan apps cannot come to your house or office because most of them operate illegally and have no legal right to pursue you physically. Only fully licensed and approved Microfinance Banks with a registered office address and reputation as a legitimate financial institution can pay you a friendly visit, but never to arrest you.

Borrowing is a civil matter, not a criminal case. That means you cannot be arrested simply because you owe money. If any licensed microfinance bank tries to harass or threaten you, please contact us immediately—we will take the right steps to deal with them.

As for loan apps, they cannot legally come to your house or office to arrest you.

Can this loan app defame me?

Yes and No, a loan app can defame you, but it usually depends on where you downloaded the app from and what permissions you gave it.

If you downloaded the app outside the Play Store or App Store (for example, from a direct link or third-party site), it’s very likely the app will misuse your information. Many of those apps are not properly regulated.
How they access your contacts:

Loan apps need Contact permission to copy your phone contacts.
They also sometimes request Call log permission, which allows them to see your dialed, received, and missed calls—but not your full contact list.

If you used the app before 2023:

Before 2023, many loan apps could freely access contacts because the rules were not strict.
From 2023 onward, Google Play Store and Apple App Store introduced policies that restrict apps from accessing contacts and call logs unless it’s absolutely necessary.

How do I get rid of their daily messages and calls?

To stop their frequent calls, you can install Truecaller, upgrade to Premium, and use the Block Spam Calls feature. This will automatically filter out most unwanted numbers. (Check the video below for step-by-step details.)

For WhatsApp calls and messages, fight back smartly: never listen to their voice notes or read their messages. Instead, use the response strategy in the link below to reply safely. When you push back confidently, scammers usually give up and flee.

https://loansharkreview.com/MessageTemplate

Will this loan apps report me to the Credit Bureau?

In most cases, 90% of loan apps cannot report you to the Credit Bureau. This is because many of them are not licensed financial institutions or they charge exorbitant interest rates that violate government policies.

However, fully licensed and approved microfinance banks can report you to the Credit Bureau. Even when they do, they usually report only the actual amount you borrowed and the original agreed interest — not the inflated charges or penalties. If you notice incorrect information in your credit report, you have the right to contest it with the Credit Bureau and request correction.

Loansharkreview

Reviews

The loan app has terrible reviews for a reason. Don't waste your time
- 2/26/2023
I used this loan app, and now I'm drowning in debt. Stay away from it
- 2/24/2023
he loan app's website is confusing, and it's impossible to understand the terms and conditions
- 2/21/2023
The loan app has hidden fees that they don't disclose until it's too late
- 2/18/2023
The customer service for this loan app is terrible. They never answer your calls or emails
- 2/15/2023
The loan app promised fast approval, but it took forever to process my applicatio
- 2/13/2023
This loan app is a complete waste of time and money. Stay away from it!
- 2/10/2023
I regret using this loan app. The high-interest rates made it impossible for me to repay on time
- 2/4/2023
applied for a loan on this app, and they denied me without any explanation
- 2/1/2023
The loan app promised a low-interest rate, but it was still too high for me to afford
- 1/30/2023