LendNow: Online Credit is a Nigerian loan app that offers fast, 24/7 cash loan services with an easy approval process. It provides flexible repayment plans without requiring collateral or a guarantor. Loan amounts are tailored to your needs based on a thorough risk evaluation.
Here is a brief introduction to LendNow: Online Credit, designed to guide and support you throughout your loan application process.

Loan Product Introduction:
Loan Amount: ₦3,000 - ₦300,000
Loan Term: 91 days and above
Interest rate: 2.5%-20%, Maximum APR is 19% per year
Service fee: none.

?Loan Calculation Method
Example:
For NGN 10,000 personal loan borrowed for 99 days, with interest rate 19% per year, a user would pay:
Interest Payable = NGN 10,000 * 19% * 99 / 365 = MXN 515.34
Total loan repayment amount = NGN 10,000 + 515.34 = NGN 10,515.34
Monthly repayment = NGN 10,515.34/99*30= NGN 3186.47

?App Advantages
✅ Personal Loans ranging from NGN 3,000 to NGN 300,000
✅ 100% paperless loan application
✅ 24x7 access to personal loan/money
✅ Convenience of payment through various methods
✅ Repay on time improves credit score and get access to higher amount
✅ Repay Later option lets you pay part of the personal loan on the due date & extend the repayment term multiple times


? Loan Requirement
Age: 18~65 years old.
Bank Verification Number (BVN)
Valid mobile number (for any emergency about your loan)

? Application Steps
● Install the LendNow app
● Log in to LendNow app by registering through your phone number
● Fill in your basic information to know your personal loan eligibility
● Submit and apply for an instant loan
● Once the application is approved, we disburse the loan directly to your bank account
● Aged 18 years or older

? Data Protection Policy
LendNow: Online Credit app will protect all customer information and ensure users privacy .Our app is safe and secure,we will never disclose customer information with third parties without customer consent. Customer personal information will only be used for verification and to evaluate the qualifications while using the LendNow: Online Credit app.