Archived App
This is an archived listing of the app previously available on the App Store.
Access quick financial services with this app, offering loans from NGN10,000 to NGN500,000 with flexible repayment terms and no collateral. It also facilitates money transfers, bill payments, and mobile top-ups.
1.1.3 (65)
June 27, 2024
Your favorite loan app just got a major upgrade! We've been busy behind the scenes, listening to your feedback and putting the finishing touches on a revamped experience that's even better than before. Here's what you can expect: A stunning new look: We've given the app a fresh, modern makeover that's easy to navigate and even more delightful to use. Bugs squashed!: We've meticulously gone through and fixed all the pesky bugs that might have been slowing you down. Now, it's smooth sailing all the way! Faster than ever: We've optimized the app for speed, so you can get to the loan options you need even quicker. Every second counts, right? Still got your back: Our commitment to providing you with convenient and accessible loan options remains unchanged. We're here to help you achieve your financial goals, whatever they may be. We've got your back in 2024, and beyond!
MoreCreditWave provides quick and easy access to financial services. This includes offering loans with limits ranging from NGN10,000 to NGN500,000, flexible repayment periods, and no collateral requirements. Additionally, users can transfer money to any bank in Nigeria, pay various utility bills, and recharge airtime and data.
To apply for a loan, you must be a Nigerian resident with a valid BVN, a debit card valid for at least 3 months, a personal email, and a personal bank account. Loans range from NGN10,000 to NGN500,000, with repayment terms between 61 and 180 days. The Annual Percentage Rate (APR) ranges from 18% to 33.6%, with monthly interest rates from 1.5% to 2.8%. There are no hidden or rollover charges.
The process is straightforward. First, download the app and register or sign in. Next, fill out the basic requirements. Then, apply for a loan online and await approval. Finally, your loan will be disbursed directly into your designated bank account.
Yes, the app itself is free to download and use for accessing its services. While there are no upfront fees for using the app, interest and repayment terms apply to the loans obtained through the platform, as detailed in the loan terms and conditions.
Users who promptly repay their loans build a positive credit score within the CreditWave system. This improved score can lead to eligibility for higher loan amounts in the future, offering greater financial flexibility and access to more substantial funds for subsequent borrowing needs.