Home Finance WeCredit Loan App Apk Download, Customer Care Number, Legit

WeCredit Loan App Apk Download, Customer Care Number, Legit

Do you want to lend money from Wecredit but don’t know how to do that? Or you want to lodge a complain to the customer care representatives. If so, this article is for you. 

In this article, we will provide a comprehensive overview of the WeCredit loan app, including how to download the Apk, how to apply for a loan, the requirements and eligibility criteria, loan repayment process, customer support contact details and more. 

By the end, you will have a clear understanding of whether WeCredit loans are legitimate and suitable for your financing needs.

What is WeCredit?

WeCredit is an online digital lender that provides quick and hasslefree personal loans to salaried individuals in Nigeria. Through their mobile app, WeCredit aims to make the loan application and approval process simple and convenient so that customers can access the funds they need within hours. 

How to Download the WeCredit Loan App Apk

To get started with WeCredit loans, the first step is to download the Android app on your mobile device. You can do this by searching for “WeCredit” on the Google Play Store and install the official app. This ensures you download the genuine app and not a malicious clone. 

 Signing up and Verifying your Account

Once installed, launch the WeCredit app and click “Sign Up”. Enter your phone number which will be verified via an OTP. Then fill in basic KYC details like full name, date of birth, ID number etc. 

The app will verify your identity documents like international passport or drivers license through their partner apps. This process usually takes 25 minutes. Once verified, your account will be activated.

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Applying for a Loan 

To apply for a loan, log into the app and click “Apply Now”. You will need to provide employment details like company name, designation, monthly income etc. 

Make sure to mention accurate information as loans are approved based on credit assessment of employment and income stability. 

You can choose the loan amount, tenor and preview estimated repayments before submitting the application.

Loan Requirements and Eligibility  

To qualify for a WeCredit loan, applicants must;

 Be a salaried Nigerian resident between 1960 years old

Have a minimum monthly income of ₦30,000  

Provide verifiable employment details     

Pass the lender’s credit assessment

Have a valid Nigerian bank account

The maximum loan amount ranges from ₦50,000 to ₦300,000 depending on your repayment ability. Loans are disbursed within 224 hours of approval via bank transfer.

Repayment Process and Timeline

WeCredit loans have flexible tenors ranging from 36 months. Repayments are scheduled as equal EMIs via automatic deductions from your linked bank account. 

You will receive SMS notifications 2 days prior to each scheduled repayment date. Failed payments attract a ₦200 penalty charge per day until the due amount is cleared.

Borrowers can also make part prepayments anytime without any prepayment charges through the app or by visiting a bank. Just ensure the full loan amount is paid off before the final due date to avoid facing any penalties.

Customer Support and Complaint Resolution

For any loan related query, customers can reach out to WeCredit support team via:

  • Phone/WhatsApp: +234 700 255 2637 
  • Email: support@wecredit.com.ng

 The support staff aims to resolve issues within 24 hours. In case of unresolved complaints, you can escalate to the Central Bank of Nigeria Financial Consumer Protection department.

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Is WeCredit Legitimate and Trustworthy? 

WeCredit has established itself as one of the most prominent digital lenders in Nigeria with over 1 million satisfied customers to date. 

Conclusion

To summarize, WeCredit provides a seamless digital experience for accessing quick personal loans in Nigeria. With their userfriendly app, flexible repayment tenures and affordable interest rates, salaried individuals can meet unexpected expenses without hassles. 

Just be informed of the terms, conduct thorough research into the lender’s background before taking a loan. WeCredit so far appears to be a trustworthy FinTech option given its proven track record and safeguards for customers.

FAQs

Is there a loan app without BVN?

Yes, there are loan apps in Nigeria that do not require a Bank Verification Number (BVN) for loan approval. Some of these apps include FairMoney, Carbon (formerly Paylater), OKash, Aella Credit, Quickteller, and Eyowo.

What documents are required for KYC verification on WeCredit? 

The standard KYC documents required include your international passport, national ID card, driver’s license or employee/student ID supported by a recent utility bill as address proof.

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