Rushcredit Loan App Review
Rushcredit providing easy access to loans for mobile users in Nigeria.
Rushcredit is a loan platform providing easy access to loans for mobile users in Nigeria.
With a simple online process, users can get loan quickly. Once approved, the loan will be disbursed to the applicant's bank account in seconds.
Is Rushcredit Loan App Legit or Scam
Rushcredit loan app is legit and genuine. Many people have been using it to get instant loans. If you notice any irregular transaction contact Rushcredit customer service.
Is Rushcredit Loan App Safe
Rushcredit app is very safe and secured. All your information are protected, privacy is guaranteed and transactions are secured.
Rushcredit Loan Interest Rate
Loan amount :NGN 8,000-NGN100,000.
Loan term : minimum term is 91 days and maximum term is 365 days.
Daily interest rate : 0.0057%.
Maximum annual interest rate : 20.55.
Let us help you calculate the amount you should repay. For example, if you choose a 12-month plan with a principal 10,000, details as below will be shown.
Instalment plan. 3
Principal amount. 10,000.
PMT (monthly payment amount): 3,463.3. PMT = ₦10,000 x (1 + 3.9%)/ 3 = ₦ 3,463.3.
Cost: ₦ 0.
Total interest. ₦ 390.
Total amount. ₦ 10,390. Total amount = principal + total interest = 10,390.
Total interest rate. 3.9%. Total interest rate = Total interest/principal*100% =, ₦ 10,390/₦ 10,000*100% = 3.9%.
Interest per month. 1.3%. Interest per month = Total interest rate / Instalment plan = 3.9% / 3 = 1.3%.
How Much Can I Borrow From Rushcredit Loan App
You can borrow between 8000 naira to 100000 naira.
Requirements To Get a Loan From Rushcredit Loan App
To get a loan from Rushcredit 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 Rushcredit Loan App
To borrow money from Rushcredit app:
- Download Rushcredit APP from google play store and install it.
- Register an account with your BVN
- Verify your identity with 4 simple steps
- Get a loan from your bank account.
- Loan amount will be increased if you repay us in time.
How Long Does It Take Rushcredit Loan App To Give a Loan
It takes few minutes to hours depending on the amount.
How To Repay Rushcredit Loan
Simply login to the Rushcredit app, go to the repayment option, choose a repayment method you are okay with to repay the loan.
Rushcredit Loan Customer Care
Their email:Clientsservice@rushcredit.ng
Company Address: Anowose Street, Bariga 102676, Lagos,Nigeria