iCredit Loan App| All You Need To Know

Here's a complete summary of iCredit, encompassing downloads, loans, and reviews. This article will provide you with all the important information and key facts you need to know.
iCredit Loan App

Due to the poor economy in Nigeria, there has been a constant rise in demand for loans. Considering this as a problem, several loan service providers have stepped in to solve the problem by providing easy and fast loans to Nigerians, one of which is iCredit.
iCredit is a legit finance company that specializes in granting quick cash loans. In this article we'll cover the essential informations about iCredit, how you can apply and get loans.

What Is iCredit Loan App

iCredit loan app is an online lending platform that offers fast, flexible, secure loans to companies and individuals. It does not require paperwork, guarantors, or collateral and can be gotten within minutes . You can do this with your mobile phone however, the iCredit loan app estimates your credit score using information obtained from data on your phone including your SMS history to verify your identity and it determines how much loan you can borrow.
iCredit offers loans products ranging from N1,000 to N50,000 and it minimum and maximum period for repayment is 91 days to 365 days respectively.

Benefits Of iCredit

The benefits of getting loans from iCredit lending platform include ;
  • iCredit Loan is secure, flexible and fast
  • There are no hidden charges and fees.
  • You can borrow up to 50k
  • You can choose best option of repayment schedule.
  • You can access iCredit Loan anytime, as it is available round the clock without any downtime.
  • Loan Types Available On iCredit Loan App
  • Mortgage loans
  • Direct personal loans
  • Loans on two wheels
  • Car loans
  • Credit card loans
  • Medical loans
  • Sustainable consumer loans
  • Travel loans
  • Loans against guarantee
  • Mini money loans
  • Mobile phone loans

How To Download iCredit Loan App

To successfully download iCredit Loan App on your andriod or IOS follow this steps.
  • Visit the Google Play store or Apple store
  • On the search bar, input iCredit loan app  and send
  • This would load a page with results, of which you would select iCredit loan app
  • Click install on the detailed page of the iCredit loan app
  • Open the app and register

How To Apply For iCredit

  • Download, install and register on the iCredit app.
  • Login to your account, supply the basic necessary information such as full names, email and phone number.
  • Click apply for a loan and supply all the necessary information.
  • If your credit score meets the requirement, your loan would be approved and the money disbursement into your submitted bank account.
Note: if your credit score do not meet the expectations, your loan request will be declined and no money will be deposited into your bank account.
Your loan limit increases if you repay on time for every loan your borrow.

Requirements To Apply For iCredit

  • You must have an active source of monthly income.
  • You must be at least 20 years of age and not above 50 years of age to apply for the loan.
  • The loan is offered to Nigerians so you must be a citizen or legal citizen of  Nigeria.

Loan Interest Rate On iCredit

The interest rate of iCredit loans varies between 5% and 30% per month with an advertised one-time origination fee that ranges between N1,000 and N6,000. However, the interest automatically increases by 2% per whenever there is a missed repayment schedule.

Loan Default On iCredit

For every deadline you miss on your loan repayment, the interest rate automatically increases by 2% per day. 
Normally, when you pay back your loan according to schedule and without default, you can get a higher loan amount when trying to borrow again. So avoid defaults as it reduces the total amount of loan you can borrow.
If you default for too long, iCredit could report you to the Credit Bureau which can lead to a blacklisting of your BVN. This action would cause you not to able to borrow loans from other lenders in Nigeria.

How To Contact iCredit

You can contact iCredit through the following means;
Email: [email protected].
Call: +2348021810034 to connect with the customer care.
Official website: icredit.net.au.
Address: No.9 Oluwole Omole Street, Off Esomo, Toyin, IKEJA 100001, Lagos.


Is iCredit a legit loan app?

Yes. iCredit is a Legit, safe and trustworthy lending platform that offers loans to individuals and businesses in Nigeria.

What is iCredit all about?

iCredit is a finance lending company that grants quick cash loans.

Who owns iCredit loan app?

iCredit is owned by Management Financial Group [MFG].


When trying to get loans in Nigeria, iCredit is a trusted, safe and easy way to get quick cash loans. All you have to do is download the app, register, and request for a loan. You’d be deposited into your account in minutes if it gets approved. 

Next Post »