The frequent question most business men do ask is ” Where can I get a loan without collateral” but it seems like the question will be answered today. Stay tuned and read to the end.

In today’s fast-paced world, where financial emergencies can crop up at any time, mobile loan apps have become a lifesaver for many. With just a few taps on your smartphone, you can access instant cash loans, enabling you to tackle unexpected expenses with ease.

Whether you need money for medical bills, car repairs, or any other urgent need, these apps offer a quick and convenient solution. But with countless options available in the market, it’s essential to choose a reliable and trustworthy app.

In this article, we will explore one top Mobile Loan app in Nigeria that provide fast approval, flexible repayment options, and competitive interest rates.

So, if you’re looking for a hassle-free way to meet your financial needs, keep reading to find out which app suits you best.

What is PalmCredit?

When we talk about Palmcredit it has been considered as one of the best instant loan apps in Nigeria where you’ll have access to Nigerian quick loan easily anywhere and anytime you are in need.

How much loan Amount can l get from Palmcredit?

You can get an instant loan amount of N50,000 and up to N80,000 without collateral.

What is PalmCredit Interest rate?

PalmCredit  charges you on an average of 14% to 24% on Monthly basis equates 4.6% Interest rate for any Amount of Loan you take, if you take a loan of N100,000 for an average of 180 Days, you will be entitled to pay back a 24% interest rate which equals N24,000

Their Annual Percentage Rate (APR) is 56.78%. You can receive your Loan in 5 Minutes when you are approved.

How to get a Loan from PalmCredit App

To access a Loan from Palm Credit, you will have to Download their App from either Google’s Play Store or the iTunes Store. Or (Click Here to Download the app) 

Register an Account by following the instructions on your phone screen and provide your personal details correctly.

Get Loan Approval

Lastly getting your Loan Disbursed to your Account

With Palm credit, you can Secure a No Coloteral Loan of up to a Hundred Thousand Naira (N100,000) within 3 – 5 Minutes time.

And also, the earlier you make repayment  of your Loans, they easier it becomes to collect another even higher Loans with reduced Interest Rates and a shorter disbursement time frame.

Why  people choose Palmcredit?

1 Limit range from NGN10,000 to NGN300,000.
2 Flexible repayment between 91days to 365days.
3 No collateral.no paperwork,secure and reliable.
4 No hidden fees,no rollover charge,no transaction fees.
5 Repay your loans in time or complete increase limit tasks to build your credit limit and reduce on interest rate

How do I contact Palmcredit? 

In any case you want to contact Palmcredit for help or you are encountering a problem during the use of their app,

You can contact Palmcredit’s Customer Care on +234 700 7256 4357 if you run into problem applying for a Soft Loan through their App. Most times you might be having issues repaying or making inquiries. Their Calling times are 8am to 5pm, Mondays through Fridays.

Conclusion

This is the end of the post and I hope you have learnt something and can now borrow from Palmcredit with all confidence.