XCredit Loan App Review and Interest Rate

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

XCredit Loan App Review

XCredit Loan App Review

XCredit is an instant loan app that provides instant loans to Nigerians.

To get a loan just download the app and register then you apply for a loan.

Those with a good credit score have better chances of getting the loans.

XCredit is trusted, reliable, safe and legit.

Is XCredit Loan App Legit or Scam

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

Is XCredit Loan App Safe

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

Privacy and Permissions: XCredit makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score.

They encrypt the data you choose to share with us to protect your privacy.

They take your privacy very seriously and promise to never share your information with third parties.

XCredit Loan Interest Rate

The Loan App XCredit offer:

Loan Amount: ₦5,000 ~ ₦500,000

Loan Term: the shortest tenor is 91 days, the longest is 180 days.

Interest rate: 12%-24% APR

Service Fee: 0%

Loan request: Need to be at least 18 years old or above


If the loan amount is ₦5,000, the loan term is 180days, and the Interest rate is 12%, the total Interest should be ₦5,000 * 12% = ₦600.

The total amount due would be ₦5,000+₦5,000 * 12% = ₦5600.

How Much Can I Borrow From XCredit Loan App

You can borrow between 5000 naira to 500,000 naira.

Requirements To Get a Loan From XCredit Loan App

To get a loan from XCredit 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 XCredit Loan App

To borrow money from XCredit app you just need to follow several steps:
  • Create your account
  • Apply a loan
  • Receive your loan straight into your bank account
  • Build your loan limit every time you repay a loan 

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

It takes few minutes to hours depending on the amount.

How To Repay XCredit Loan

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

XCredit Loan Customer Care

Facebook page: https://www.facebook.com/XcreditNG/