How to Apply for loan on Xcredit Loan app

The xcredit loan app provide individuals with access to finance to help solve their present need and have little or zero interest rate.

This app helps to reduce the stress of applying for a loan, making it easier for individuals to apply for loan with their mobile device and get a response within minutes.

That’s why we have taken our time to provide for you the step by step guide you need to know on how to apply for loan on the xcredit loan app.

About Xcredit Loan

Before we go on on the steps you need on applying for xcredit loan, let us give you a brief understanding on what it is all about.

Xcredit loan is a mobile application developed by a fintech company in Lagos that provides you with an opportunity of accessing loan from the convenience of your home without having to visit their physical location in Lagos Nigeria.

The mobile application is user friendly and ensures that its grants you access to swift loan giving you a solution to your urgent money needs.

The app can provide you loan of up to ₦500,000 without you bringing a collateral.

Pros and Cons of the Xcredit loan app

Pros

- Easy Access to loan
- No need for collateral when applying for a loan
- Provides users with a transparent terms and condition.
- Provides approved loaners with a flexible repayment option.
- You can have an increase in your loan limit provided that you pay back on time after borrowing.
- Competitive interest rate.
- Get loan without any paper work.
- Access to loan without service charge.

Cons

- Maximum loan offer of ₦500,000
- Available to users who are in Nigeria only.

How to Download the Xcredit Loan App

This app is available on both android and iOS device. In order to download it, simply;

- Visit the google playstore or Apple store
- Search for Xcredit loan
- You will see the official xcredit loan app
- Tap on download
- Once it is done downloading, it will automatically download on your device.

How to Register the Xcredit app

After downloading the app yo will need to register it, to do so simply;

- Launch the app on your mobile device
- On the home page, tap on register
- Follow the on-screen instruction
- And you have successfully created an account.

How to Apply for loan on Xcredit

After registration, you then need to apply for a loan.

1. Verify identity

Once you are done with the loan process, you need to first of all verify your identity by dropping a valid address and utility bill and putting a profile picture

2. Link BVN To Account

Once you are done verifying your identity, you need to link your BVN to your account. This will also help for easy loan approval

3. Add a Bank Account

You need to add a bank account where your loan will be disbursed to. Most time you may even need to link your ATM card.

4. Apply for a loan

Once you are done with the above process, xcredit will provide you with a loan you can apply for at that time, simply apply for it.

5. Wait for loan Approval

After applying for a loan, you need to then wait for your loan to be approved. This approval usually takes up to 30 minutes or most 24hrs.
Once your loan is approved, it will be automatically disbursed to your account.

How To Increase your Limit on Xcredit

The only way to increase your loan limit is repay your outstanding loan on time. The more you repay, the more it’s easy for you to access higher loan limits.

Xcredit Customer Support

The xcredit customer support allows you to contact Xcredit owners when you are experiencing any challenge such as, unapproval of loan or delayed loan approval.

To contact them you don’t actually need to do much, you just need to send them an official at help@xcredit.cc.

Once you do, so you can then wait for them to reply you.

Faqs on How to Apply for loan on Xcredit Loan app

What’s the Maximum Amount I can Borrow on Xcredit?

Xcredit provides their customers with increased limit depending oh how they pay outstanding loan. However, the maximum amount Xcredit offers their users is ₦500,000.

How long does it take for XCredit loans to be approved?

It takes about 5 to 30 minute for your loan to be approved on Xcredit, although loan approval can take up to 24 hours.

Is XCredit registered?

Yes they are. Xcredit is officially registered to function as a mobile loan application providing financial assistance to their users.

Conclusion

With the above information, we hope we have done justice to the steps you need to know on how to register the Xcredit loan app. You can give it a try, yo never can tell yours might be approved.

Feel free to ask your questions or drop your comment in the comment section below.