Palmcredit-instant loan online

Newedge Finance Limited

About this app

Borrow money online with Palmcredit app.Apply an instant loan with a flexible repayment plan and favorable interest rate.

◉Why choose Palmcredit?
1 Limit range from NGN10,000 to NGN300,000.
2 Flexible repayment between 91days to 365days.
3 No collateral.no paperwork,secure and reliable.
4 No hidden fees,no rollover charge,no transaction fees.
5 Repay your loans in time or complete increase limit tasks to build your credit limit and reduce on interest rate.

-Annual Percentage Rate(APR) from 24% to 56%.
-Example:If you choose a 6-month loan and borrow NGN100,000,Plamcredit charges an interest rate of 4% per month.Borrow NGN interest rate:24% and the APR is 48%.180 days repayments of NGN24,000.Total amount payment is NGN124,000.

◉Several steps to get your loan
1 Download and register an account.
2 Fill out basic information and submit.
3 Apply loan online and easy to get approved .
4 Get your loan disbursed into your bank account.

◉Loan applicant requirement
✔︎Nigeria resident
✔︎18-60 years old

◉CONTACT US
For more information,contents or suggestions:
• We are available 24/7 to assist you with your request
• Service Hotline: [phone] (9am - 6pm(Mon-Fri), Sat-9am-5pm)
• Service Email: [e-mail]
• Facebook : https://www.facebook.com/palmcredit/
• Linkedin: https://www.linkedin.com/company/palmcreditNG/
• Instagram: https://www.instagram.com/palmcreditofficial/
• Address: AIT road, 17 Oguchi Okorie street, off A. I. T. Rd, Lagos, Nigeria

Ratings and reviews

I have used this application ones to obtain a loan. The interface was smooth but then I have an issue with the app. I don't know if the developers of this app can work on the AI to stop the unnecessary calls to a client's number like it's distraction. Over 10 calls a days and when you pick, the call is either dropped or nobody is saying anything from the other end. Thank you.

Palmcredit has undergone good change since all the buzz and complaints about loan apps which is commendable. However, I suddenly started having issues with the app. My info is not updated, no records of past or current loans, and the Loan conditions have reverted back to high interest rates and short timeframe. It's so frustrating since I've managed this long enough, despite updating the app multiple times to no effect. I have no choice but to delete the app. A three stars for me.

The negative reviews for this app aren't wrong. Run from Palmcredit! When you try to repay your loan via debit card, it won't work, so you'll be forced to use their bank transfer option. That's where they get you. The app will say you're still owing even after transferring your repayment to their bank account. Your late fees will continue to pile up, and they will be debiting it everyday automatically from your account. That's what they did to me. Don't ever use their bank transfer option!!!

What's new

fix some bug