Palmcredit-instant loan online

4.2
182K reviews
10M+
Downloads
Content rating
Rated for 3+
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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: 017001000 (9am - 6pm(Mon-Fri), Sat-9am-5pm)
• Service Email: Palmcredit.support@newedgefinance.com
• 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
Updated on
Dec 13, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Location, Personal info and 2 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.2
180K reviews
Esther Adewunmi
May 29, 2024
It was a total and complete mistake downloading this app or ever trying to apply for loan on this app. I tried to apply for loan, but the interest rate is too high and the repayment period is too short, I quickly ran from the page, when I want to close the app, a question pop up asking me why I'm not taking the loan and I clicked "interest rate too high". Only for me to wake up the next morning and saw a credit alert from Palmcredit. I feel like cursing you people. 😥😥 Scammers in disguise.
57 people found this review helpful
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Newedge Finance Limited
May 29, 2024
Hi, apologies. Palmcredit is a credible loan facility with many years of proven integrity. Please be informed that every loan application is subject to a credit review and loan applications are not automated and can only be disbursed if initiated. For assistance or additional information, please call 02018888188 or 02017001000. Thank you. β C.A
itz scott
April 25, 2024
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.
141 people found this review helpful
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Newedge Finance Limited
April 25, 2024
Apologies. Please be informed that any communication regarding repayment is solely intended to support the maintenance of a favorable credit score and we strictly prohibit the use of harassing interactions with customers. Kindly provide your registered phone numbers via support@palmcredit.loans for assistance. or call 02018888188 O.Eβ
Anita Oby
October 18, 2022
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.
8,148 people found this review helpful
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Newedge Finance Limited
October 18, 2022
Hi Anita, apologies, please uninstall and re-install the app to enable you view your loan history. Also, please note that interest rates and loan duration is based on your credit score. Kindly keep taking Nano loans and ensure timely repayments to enjoy reduced interest and longer loan duration. For more enquiries, please call 017001000.EU

What's new

fix some bug