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Lcredit Loan App



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Lcredit Loan AppLcredit is a digital lending platform developed by CASHIGO International Limited. Designed to make loan acquisition a breeze, the app eliminates the need for collateral or tedious paperwork.

Why is Lcredit Popular?

With over 1 million downloads and 70,000 positive reviews, Lcredit has become a go-to app for quick loans in Nigeria. Its referral program adds a cherry on top, allowing users to earn extra cash by bringing in new customers. See Carbon Loan App Kenya

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Features and Benefits

Quick and Easy Loans

Imagine needing urgent funds and getting them in less than 5 minutes! Lcredit makes this possible, offering loans from N5,000 to N50,000 with minimal fuss.

Competitive Interest Rates

Worried about sky-high interest? Lcredit offers daily rates as low as 1% and an annual percentage rate ranging from 36% to 300%.

Excellent Customer Support

Whether it’s through their website, social media, or in-app support, Lcredit’s customer service is always ready to assist you. Learn about SongaCash Loan App Kenya

Drawbacks of Using Lcredit

Platform Limitations

The app is only available for Android users, which limits its accessibility.

Repayment Concerns

Lcredit has a rather aggressive approach to loan defaulters, including sending threatening messages to them and their contacts. Additionally, the app’s dashboard sometimes takes time to update repayment status.

Eligibility and Requirements

Basic Requirements

To get started, all you need is your Bank Verification Number (BVN), a bank account, and a debit card.

Age and Citizenship

The app is open to Nigerian citizens aged between 20 and 55.

Lcredit Code for Quick Access

If you’re looking for an even quicker way to access Lcredit’s services, you’re in luck! Lcredit offers a USSD code, *9287#, that allows you to access your loan account instantly. This code is a shortcut to various features and services provided by Lcredit. However, there’s a catch: this code will only work on the phone number you used to register your Lcredit account. So, make sure you’re dialing the code from your registered mobile number to ensure seamless access. This Cloud Loan App Kenya

How to Apply for an Lcredit Loan

Step-by-Step Guide

1. Download the Lcredit App

The first step is to download the Lcredit app from the Google Play Store. Unfortunately, the app is currently only available for Android users.

2. Register Your Details

Once you have downloaded and installed the app, open it and register your details. This will include basic information such as your name, phone number, and Bank Verification Number (BVN).

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3. Navigate to the “Apply Now” Tab

After registering, navigate to the “Apply Now” tab on the app’s home dashboard.

4. Fill in the Required Information

You will be prompted to provide additional information, including your bank account details, debit card information, and the reason for the loan. Make sure to fill in all the required fields accurately.

5. Choose Your Loan Amount and Repayment Period

Next, you will need to specify the amount of money you wish to borrow and your preferred repayment period. Lcredit offers loans ranging from N5,000 to N50,000, and the repayment period can vary.

6. Wait for Approval

After you have completed all the previous steps, your loan application will be submitted for approval. This process usually takes a few minutes. If your application is approved, the loan amount will be disbursed directly to your bank account.

Repayment Methods

Bank Transfer

Repayment is as simple as logging into the app, selecting the “Pay” button, and following the on-screen instructions to complete a bank transfer.

Debit Card

You can also repay via debit card. Just follow the app’s prompts to complete the transaction.

Flexible Repayment Amounts

One of the standout features of Lcredit is the flexibility it offers in repayment. You’re not locked into a fixed amount; instead, you can enter the amount you wish to repay. To do this, log into the app and navigate to the repayment section. Here, you’ll find an option to input the amount you’re comfortable repaying. Once you’ve entered the amount, click on the “Repay Now” button to proceed. See Kashbean Loan App Kenya

Paying with a Debit Card

If you opt for the debit card method, the process is straightforward but secure. After clicking on the “Pay with Card” option, you’ll be prompted to enter your card details. Rest assured, this is a secure transaction. Once you’ve inputted your card details, a debit will occur, effectively repaying the loan amount you specified.

Through the Bank

If you prefer, you can make your payment directly through your bank

Controversies and Removal from Google Play Store

Lcredit was recently removed from Google Play Store due to privacy concerns. The app had been sending defamatory messages to users’ contacts, leading to multiple complaints.

Customer Support Channels

Need help? Reach out to Lcredit through various channels including email, phone, and social media platforms.


Lcredit Loan App offers a convenient way to secure quick loans, but it’s not without its drawbacks. While the app is currently unavailable due to privacy issues, it remains a noteworthy player in the digital lending space.


  1. Can I extend my loan period on Lcredit?
    • Yes, provided you have a good credit history with the app.
  2. How can I block Lcredit from accessing my contacts?
    • Go to your device settings and revoke the app’s permission to access your contacts.
  3. Is Lcredit available on iOS?
    • No, the app is currently only available for Android users.
  4. What happens if I default on my loan?
    • Lcredit has a strict policy for defaulters, including sending warning messages to you and your contacts.
  5. Is Lcredit Loan App safe to use?
    • While the app has faced controversies, it is generally considered safe for securing quick loans.

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