Credit Loan is a major financial service in Zambia, and borrowing money through this app is very simple, requiring only proof of identity for convenient borrowing. The disbursement process is very fast, usually within a day, with quick loan approval. Currently, the app is running a promotional program where first-time customers borrowing money through the app enjoy interest-free loans. Credit Loan aims to provide the best experience for its customers.
Information about loan products at Credit Loan
Loan amount
Credit Loan currently offers customers loans ranging from Kwacha 52,000 to Kwacha 2,000,000. The maximum borrowing limit is reserved for regular customers. For first-time borrowers using the app, the maximum loan amount is Kwacha 50,000 for the initial loan, and it must be repaid quickly within the first week. Once the first loan is successfully repaid, customers can borrow comfortably through the app without worrying about limitations.
Interest rate
The app currently offers loans with an interest rate of 15% to 18% per annum. Although the interest rate may be higher than that of banks, borrowing money through the app is quick and convenient, requiring only proof of identity without the need to declare personal assets or anything else.
Loan period
The minimum loan period on the app is 30 days, with a maximum of 181 days. For first-time borrowers using the app, the loan period is very short. However, for subsequent loans, customers can borrow up to the maximum limit on the app. If you find yourself unable to repay the loan by the due date, you can extend the loan period through the app.
Note: It is important to repay the loan promptly when it is due. It is not advisable to extend the loan period because doing so will result in a significantly higher interest rate.
Loan requirements at Credit Loan
- Be a citizen residing in Zambia.
- Customers applying for loans need to provide sufficient personal documents.
- Have a valid national ID.
- Need to have a phone for loan registration and a bank account to receive money.
- Must be responsible for the loan on the app and repay it according to the agreed-upon schedule
The loan process on the app
Step 1: Download the app to your phone via the link >> fastloapapp.info
Step 2: Open the app and grant access permissions.
Step 3: Enter loan information and phone number.
Step 4: Provide accurate personal information.
Step 5: Confirm the loan quickly and receive the money in your account.
With these 5 steps, you can successfully borrow money from Credit Loan. To ensure a smooth loan process, it’s important to provide accurate personal information. This allows the app to quickly assess and potentially approve your loan up to the maximum amount.
Information about Credit Loan app
Address: F4MR+HF9, Mpongwe, Zambia
Hotline:+260937538969
Email: [email protected]
Website: fastloanapp.info
Above is the introduction to the loan process of Credit Loan app, where borrowing money successfully is as simple as providing proof of identity. The app stands out as the most convenient loan service available. Wishing you success in borrowing money from Credit Loan.
