PickCredit Loan App Review and Interest Rate

On this page we will review the PickCredit loan app. We will discuss if it is legit or scam, the interest rate, the amount someone can borrow, requirements and how to apply for PickCredit loan and also how to repay PickCredit loan.

PickCredit Loan App Review

PickCredit Loan App Review

PickCredit is an instant loan app that provides instant loans to Nigerians. All you need to do to get a loan is download the app, register then apply for a loan.

PickCredit disburses the loan in minutes after application. PickCredit is customer centered as the satisfaction of the clients is their top priority.

Is PickCredit Loan App Legit or Scam

PickCredit loan app is legit and genuine. Many people have been using it to get instant loans. If you notice any irregular transaction contact PickCredit customer service.

Is PickCredit Loan App Safe

PickCredit app is very safe and secured. All your information are protected, privacy is guaranteed and transactions are secured.


Loan application process is absolutely secure and safe. PickCredit promises that never share customer’s information to anyone without consent.

PickCredit Loan Interest Rate

Loan period: the loan range is from 91 days to 360 days

Loan amount: the loan amount is from NGN 8,000 to NGN 300,000

Loan interest: Interest rate:15% - 35% APR,no additional fees.

Service fee: 0%

Handling fee: 0%

Take a case for example:

 If a customer borrows ₦10,000 for 180 days (6 months), the APR is 18% so the total Interest would be 10,000 NGN *18%*180/365 = 887 NGN.

The monthly payment would be (10,000 NGN +887 NGN )/6 = 1,962 NGN.

The total repayment amount would be 10,887 NGN.

How Much Can I Borrow From PickCredit Loan App

You can borrow between 8000 naira to 300,000 naira.

Requirements To Get a Loan From PickCredit Loan App

To get a loan from PickCredit app:
  • You must reside in Nigeria
  • You must have a BVN
  • You must have a source of income
  • You must be between 22 to 55 years

How To Apply For Loan On PickCredit Loan App

To borrow money from PickCredit app:
  • Download PickCredit loan app
  • Register an account with your phone number.
  • Fill in basic information.
  • After the submission of the loan application, the final result will be shown in the APP.
  • If approved, the loan amount will be disbursed into the bank account directly.

How Long Does It Take PickCredit Loan App To Give a Loan

It takes few minutes to hours depending on the amount.

How To Repay PickCredit Loan

Simply login to the PickCredit app, go to the repayment option, choose a repayment method you are okay with to repay the loan.

PickCredit Loan Customer Care

Email: columba.mmenyene.aniedi@gmail.com