How to get Loan from Palmcredit

how to get loan without collateral from palmcredit

If you easily run out of cash or you need a quick cash to meet up with an emergency, you can apply for loan but the problem with traditional loan services is the requirement for collateral and too much documentation which often discourage a lot of people

But with an instant cash service like Palmcedit, you can apply for loan and get it real quick with little hassles

Palmcredit offers loan product ranging from as low as 2000 to high amount like 100,000 naira in minutes

If you need a quick cash service to borrow money online without much procedure, read this article till the end and discover to get loan easily with palmcredit

What is Palmcredit Loan?

Pamcredit is an online loan company that offer loans to the public from very low amount such as 2000 to high amount including 100,000 naira all within 5 minutes and you need no collateral. It is fast and easy, all you need is just your BVN and phone number and then download the mobile app from google playstore to get stated.

What You Need To Get Started

  • Bank Verification Number
  • Valid Phone Number
  • Valid bank details
  • Must be 18+
  • Smartphone (Android only)

How to Apply for Palmcredit Loan?

  • Down load the Mobile App: Download the android app from google playstore and fill in your complete details to create an account
  • Apply for Loan Amount: The next step after creating an account is to apply for the loan amount you want. Palmcredit offers loan amount from 2,000 to 100,000 naira
  • Wait for Approval: Once you have successfully apply for the amount you want, it will be under review within minutes you will get a response and if approved, your bank account will be credited instantly

Related Article: Best Customer Relationship Management Software

Pamcredit Interest Rates

You can get a loan with interest with as low as 5% to 28% and if you repay on time your amount will be increased, there’s flexible repayment option online and offline

How to repay your Loan?

There’s flexible repayment option, you can repay using the mobile app or pay directly into their bank account with your ATM Card or bank transfer

Repayment Duration

There’s long term repayment duration between 4 weeks to 26 weeks

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