Welcome to holyprofweb. I guess you landed on this page while searching for the keyword
“Palm credit loans Reviews” and wanted to know if “palmcredit loans is Legit or scam platform” then, you are at the right place.
I believe that by the time you are done reading this review, you will be able to take your decision of joining palm credit loans and knowing if
“Palm credit loans is Legit or scam platform.
In today’s Review, I will be revealing all you need to know about this loan app known as “palm credit loans”
In this “Palmcredit loan”, I will be answering questions like; Is Palmcredit loan Legit? Is palm credit scam? How does palm credit loans works? Who is the owner of palm credit loans? Palm credit loans registration/signup, Palmcredit loans login or signin, is palmcredit giving loans? many more about Palmcredit loans will be discussed in this “palm credit loans Review”
WHAT IS PALMCREDIT?
Palmcredit is one of the loan apps in Nigeria which is controlled by Newedge Finance Limited where you can get a loan from them online without collateral. Just like other loan apps, you can access loans within minutes without having to worry about providing any collateral.
HOW TO GET LOAN FROM PALMCREDIT
Getting loans from palmcredit is a easy task like other loan apps. You can apply for a loan by downloading the palmcredit app (only available for android users) from the Google play store. The company aims to make getting access to quick cash and short term loans with a smart phone app which will be as easy as possible.
After you have successfully downloaded the app or gone to their site to register, the next thing to be done is to complete your registration. There will be on-screen instructions that you will have to follow. Provide all the necessary details the platform asks for. In addition to this, you may have to verify your phone number. Palmcredit will send a code to your mobile phone. All you have to do is input the code in the app to complete the verification process on your phone.
After you have successfully registered, you can then apply for a loan. It is very simple to do for you would have seen it on their app.
Once the last stage has been done, you just have to wait to get loan approval. This usually does not take too long. Just make sure you provided the correct information. Once you get your approval, you will then receive the loan. You can decide to send the money to your bank account with immediate effect.
Palmcredit interest rate is between 14% to 24%, Equivalent Monthly interest 4%~4.7%, the Annual Percentage Rate (APR) on a Palmcredit loan is 48%~56%. The loan term is between 14 days to 180 days.
You can borrow up to ₦100, 000 from Palmcredit. Also, note that you can adjust the maximum amount at any time!
HOW TO PAY PALMCREDIT LOAN BACK
Palmcredit loan repayment is as simple as getting the loan.
Repayment of loan depends on your preferred payment method. I have written once about loan repayment and how they bankrupted me because of that. So, you have to be very careful when paying back. You can use your card in payment or contacting the customer care and paying to their account
You can make payment into the Palmcredit account number – 0772692676, Access Bank. Account Name: Transsnet Financial Nig LTD – Consuming Finance.
Once you make your repayment through bank transfer, you will be required to send proof of your payment to the email address: firstname.lastname@example.org.
Palmcredit Customer Care Contact
Palmcredit has a customer service hotline that is available from Mondays to Fridays, 8:00 am – 5:30 pm Nigerian time. You can reach them on the Palmcredit contact number – 0700 7256 4357 for your questions and complaints.
Is Palmcredit Real?
Is Palmcredit approved by the CBN? The parent company – Newedge Finance Limited is fully licensed by the CBN to operate as a finance company in Nigeria. This means that their operations are fully regulated. So, yes. Palmcredit is approved by the CBN, and it is real.
IS PALMCREDIT LEGIT?
Most times, one might not know but the real fact about legitimacy is the fact that it depends on the person that tested you. What may be legit for you may not be for others. Which means, your credit score determine if you will get loans or not.
BUT IF YOU HAGE TESTED IT, kindly drop your review in the comment section!!!