Prime Loan App Review and Interest Rate

On this page we will review the Prime 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 Prime loan and also how to repay Prime loan.

Prime Loan App Review

Prime Loan App Review

Prime Loans app is awesome and here is why:

Instant access to loans sent straight to your mobile phone.

You can borrow more than 1 loan at a time.

Ability to sort out emergencies when they arise no matter where you are.

Your information is secure and is not shared with third parties.

Lowest interest rate in the market.

It is easy to use.


Avail instant loans from Prime Loan through your smartphone.

Faster approval process with less documentation.

Get collateral-free loans without any bank visits or phone calls.

Attractive rate of interests
Loan disbursement in 10 minutes


The minimum documents required to avail loan is your identification number, mobile number, your email address etc. might be required.

Once you apply for loans, they will check you in a few minutes.


Your data is safe with them. It is transferred over a secure HTTPS connection to us, and thry do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.

Is Prime Loan App Legit or Scam

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

Is Prime Loan App Safe

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

Prime Loan Interest Rate

Loan Amount: 5,000 – 30,000 pesos.
Loan Term: 90 up to 365 days (3 – 12 Months)

Loan Interest rate: Flexible loan rates option, Maximum APR 24% pa

Transaction fee: zero

Rest assured, there are no hidden transaction fees. This makes it easy to know exactly what you’re signing up for. Too easy!

Example 1:

The principal amount is PHP 5,000 and the interest rate is 24%, then the full amount will be paid at the expiration date: 5.000 * 24% + 5.000 = 6.200.

Example 2:

Borrow NGN10,000 over 6 months
Interest rate: APR 24% p.a. (fixed)
Total amount payable: NGN12400

How Much Can I Borrow From Prime Loan App

You can borrow between 5000 naira to 50,000 naira

Requirements To Get a Loan From Prime Loan App

To get a loan from Prime 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 Prime Loan App

To borrow money from Prime app:
  • Download Prime loan app
  • Register with your correct details
  • Request for a loan
  • Get the loan

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

It takes few minutes to hours depending on the amount.

How To Repay Prime Loan

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

Prime Loan Customer Care

If you have questions or complaints, please leave them a message through the Feedback page in their application or contact their customer service center.