Creditmesan – How to download the app and apply for a loan
Are you in need of quick and hassle-free loans in Nigeria? Look no further than Creditmesan, a rising loan app that offers personal loans without the need for collateral or extensive documentation. With over 10,000 downloads on the Google Play Store, Creditmesan leverages cutting-edge algorithms to assess your creditworthiness, making it a convenient option for those seeking instant financial support. In this blog post, we’ll guide you through the process of registering, applying for a loan, and understanding the key features of Creditmesan.
How to Register and Apply for a Loan on Creditmesan:
- Download and Install the App: Begin by downloading the Creditmesan app from the Google Play Store to your Android device.
- Create an Account: Provide your basic details during the account creation, ensuring you use the phone number linked to your BVN for easy verification.
- Complete KYC Data: Furnish mandatory Know-Your-Customer (KYC) data, including house address details and information about your next of kin.
- BVN Verification: Enter your BVN for verification purposes.
- Link Your ATM Card: Connect your active ATM card to your account, and you’re ready to start applying for loans.
Requirements for Obtaining a Loan:
To qualify for a loan on Creditmesan, you need to meet the following prerequisites:
- Be a Nigerian citizen or resident.
- Be at least 18 years old.
- Have a stable and regular source of income.
- Willing to link your active ATM card to your account.
- Provide valid information about two relatives with their phone numbers.
- Not indebted to any other loan platform.
- Possess a good credit score.
- Have an active standard bank account.
- Hold a legitimate and valid government-issued ID card.
Interest Rates and Fees:
Understanding the interest rates and fees is crucial. Here’s what you need to know:
- Loan Amounts: N5,000 to N50,000.
- Interest Rates and Service Fee: 2% – 35%.
- Annual Percentage Rate (APR) Maximum: 66.21% – 2740.44%.
- Late Fee: 8.8% of outstanding loan amount charged once.
- Repayment Period: 61 days minimum, 180 days maximum.
Repayment and Consequences:
If you fail to repay by the due date, Creditmesan imposes a 2% everyday penalty. Timely repayment not only avoids penalties but also makes you eligible for larger loans. Defaulting may lead to trouble with the Credit Bureau, restricting your access to loans from other platforms.
How to Download Creditmesan Loan App:
- Open the Google Play Store on your Android device.
- Search for “Creditmesan.”
- Download and install the loan app.
Contact Creditmesan:
- Address: No. 60 Adeniyi Jones, Ikeja, Lagos.
- Phone Number: +234 9121540760.
- Email Address: cashfarm243@gmail.com.
Conclusion:
While Creditmesan appears to be a credible loan app, being relatively new on the Google Play Store calls for caution. Before applying, thoroughly read and understand their terms, conditions, and customer reviews. Your security is paramount, so exercise care when providing sensitive information. Unlock the potential of fast cash with Creditmesan, your reliable financial companion in Nigeria.