LCredit USSD Code, How To Repay LCredit Loan

When will talk about Lcredit, what comes to your mind? In this post, we are going to elaborate more on this topic. Let’s look into this:

–Lcredit USSD code how to repay Lcredit loan online
–Lcredit loan login
–Lcredit repayment account number
–Lcredit loan app
–Lcredit WhatsApp number
–Lcredit customer care number
–Lcredit loan app download
–what happened to Lcredit loan app

Lcredit loan app is a (CASHIGO International Limited established) instant loan app that offers money to individuals anytime and anywhere even without paperwork, collateral, guarantors, or visiting any branch office.

The interesting thing about LCredit loan app is that you will get additional money anytime you refer a new user to sign up on the app. It has a fast registration process and offers a loan amount of N5,000, and the maximum loan amount is N50,000 in Nigeria.

The steps to borrowing money from the Lcredit loan app and how to apply for money without collateral.

The Lcredit loan app has over 1 million downloads and more than 70,000 positive reviews on Google Play Store. To access loans from the Lcredit loan app, you must register your details on the app.

Requirements To Apply For Lcredit Loan

Lcredit loan app is one of the loan apps with very basic requirements, and you only need to submit little details to start the loan application process. The criteria for a loan from Lcredit are:

• Bank Verification Number (BVN)
• The app is available on only Google Play Store
• Below 20 to 55 years old
• A mobile smartphone and active account details
• Nigerian citizenship
• Bank debit card

Bank Verification Number (BVN)

Your bank verification number (BVN) will be demanded from you before you can be approved for a Lcredit loan. It is a necessity for all who wish to apply for a loan.

Below 20 to 55 years old

Before you can apply for a loan in Nigeria, you must be 18 and above but when applying for Lcredit loan; you must be 20 to 55 years.

A mobile smartphone and active account details

You can only have access on login or apply for a Lcredit loan when you have a mobile phone, where you can download the Lcredit mobile app and also, you are demanded to open an active account on Lcredit or any of the licensed banks before you can apply for a loan.

How To Get LCredit Loan App

You can create an account on the app or website: To download the Lcredit app, click on the “Google Play Store” on your Android device > Search for the “Lcredit” loan app > Click on the “install’ button > After installation, open the app to create an account.

Using the website: Visit https://loan.lcredit.ng/index.html > Add your phone number link to your BVN > Accept terms and conditions> Fill in personal information.

You now have an LCredit account. You can borrow money and repay back.

How to Apply for Loan From Lcredit Loan

The steps in applying for a loan from Lcredit are as follows: Download the app on Google Play Store.

• Sign up and complete your registration as a new user by following the instructions and prompts by providing all the necessary details requested.
• Click the “Apply Now“. Provide all details about you accurately.
• Enter the amount you wish to borrow from the app.
• Select the loan repayment time and wait for the approval.

If the loan app approves your request, the app will send the money to your account.

Also, see: Palmcredit Loan App- USSD Code For Loan In Nigeria

How Do You Repay Lcredit Loan?

You can get many options when it comes to repaying your loan. You can either pay via bank transfer, debit card, or bank.

But note: LCredit does not offer any USSD Code services for its loans or transactions. It is not used for now.

These are three ways of repaying back the loan borrowed from the Lcredit loan app: by bank transfer
Follow the steps stated here.

• Log to the app and click on “Loan Details“.
• Select on the icon “Pay“.
• Click on “Full Loan Amount” if you wish to repay the full amount but if you want to pay in installments, click “Enter Amount” and type in the amount.
• Click on “Next” and select “Bank Transfer“.

Copy Wema Bank or Sterling Bank account and the account number on the dashboard; deposit the money using your bank app, USSD code, or over the bank counter.

By using debit card

You can pay back your loan to Lcredit loan app by making use of a debit card method, follow the steps below:

• Open the app and follow the instructions you get to the repayment method.
• Choose “ATM card” and select the card you registered to your Lcredit app.
• If there is no registered card, click “Add Bank Card” and type in the card number, expiry date, and CVV.
• Type in your debit card PIN and click “Submit“.
• Click “Pay“, and the app will automatically deduct the amount from your debit card.

By using bank method: follow the steps below:

• Open the app and navigate to the repayment method.
• Select “Pay with Bank” and choose the name of the bank.
• Type in the account number and verify on the “Verify Account” tab.
• The bank will send an OTP to the phone number you used in registering the bank account.
• Type in the OTP and authorize the payment.

LCredit Loan Interest Rate

LCredit offers the best interest rates for loans between 0.1% up to 1%. Loan period range from 91 to 180 days. Annual interest rates from 36.5% to 300%. The interest rate is calculated on a daily basis.

E.g.: choose a 91-day loan, payment terms have an origination fee of 39% and an interest of 2.7%.

For the loan processed with a principal amount of NGN 3,000, the origination fee would be NGN 1,174, the interest would be NGN 81, the total amount due would be NGN 4,255

What Happened To LCredit Loan App?

Google Play Protect removed the Lcredit loan app from its store. Google took down the app; this means you cannot see the Lcredit loan app on Google Play Store. Nonetheless, the app’s Company is working towards resolving the issue.

Lcredit Loan Customer Care Support Number

You can contact Lcredit Loan in many ways:

Email address: [email protected]
Phone Number: +234 016310555
Facebook: https://www.facebook.com/lcreditloanng/
Twitter: https://twitter.com/LcreditNg
Linkedin: https://ng.linkedin.com/company/lcredit
Website: https://www.lcredit.ng/

In conclusion

You have to go and open an account so that you can loan. Here, we have come to the end of this tutorial guide, please don’t forget to like, share and comment on this post.