Xcredit loan requirements shows that you must have a valid phone number from any of the major mobile networks in Nigeria. This includes phone numbers from MTN, Airtel, Glo, or 9mobile.
Introduction
Xcredit is a loan app in Nigeria that helps people get loans quickly and easily. With Xcredit, you can apply for a loan anytime and from anywhere using your phone.
The app makes the process fast, and you can get money sent straight to your bank account after completing the loan application.
they offers loans that range from NGN 5,000 to NGN 500,000. This means you can borrow small amounts or larger amounts depending on your needs.
The best part is, if you pay back your loan on time, you will be able to borrow more money in the future. they rewards people who repay their loans as promised by increasing their borrowing limit over time.
To use them, all you need to do is download the app on your phone. The app is available on the Google Play Store for Android users, and there’s also an APK version you can download.
The app is simple to use, even for people who may not be familiar with mobile apps. Once you have the app, you can apply for a loan in a few quick steps.
they has an office in Nigeria, which makes it easy for people to trust the service. Having a local office means you can contact them if you need help or have any issues.
This is good for people who prefer to speak to someone directly rather than just using an app.
The main goal of Xcredit is to make it easy for people to get loans whenever they need them. Whether you need money for an emergency, to pay bills, or for a business, Xcredit is there to help.
The app works like a bank that you can carry in your pocket. It’s always ready to help you get money quickly when you need it.
History and overview
Xcredit is a loan app in Nigeria founded by Tomilayo Akano. The app has been helping people get loans quickly and easily since it started in 2021.
it was created to make borrowing money faster and less stressful for Nigerians. With Xcredit, users can apply for a loan anytime, and the money is sent directly to their bank account.
it is owned by XGO Finance Limited, a company based in Lagos, Nigeria. XGO Finance Limited is registered with the Corporate Affairs Commission (CAC), meaning the company follows all the legal rules for businesses in Nigeria.
The app is also licensed by the Central Bank of Nigeria (CBN), which shows that it is a trusted and safe financial service provider.
The Xcredit loan app offers loans between NGN 5,000 and NGN 500,000. One of its best features is that the loan application process is quick and simple, taking only a few minutes to complete.
People who need money urgently for emergencies, bills, or business can get help from them.
Tomilayo Akano and XGO Finance Limited have worked hard to make them a reliable service that many people in Nigeria can trust. The app continues to grow, and more people are using it to meet their financial needs.
Overall, it has become a popular choice for instant loans in Nigeria because of its fast loan process, easy-to-use app, and the trust it has built by being licensed by the CBN and registered with the CAC.
This makes Xcredit a safe and reliable way for Nigerians to get loans when they need them.
Requirements
Phone number
To apply for a loan on the Xcredit app, you must have a valid phone number from any of the major mobile networks in Nigeria.
This includes phone numbers from MTN, Airtel, Glo, or 9mobile. The phone number should be active and registered in your name for easy verification and communication throughout the loan process.
BVN
When applying for a loan on the Xcredit app, you will need to provide your Bank Verification Number (BVN). The BVN helps verify your identity and ensures that the information you provide is accurate.
This is important for security purposes and helps in processing your loan application quickly. Make sure your BVN is correct and matches your personal details.
Basic information
To apply for a loan on the Xcredit app, you will need to provide basic information such as your full name, date of birth, and email address. Additionally, you must include your current residential address.
This information is used to verify your identity and ensure accurate processing of your loan application.