# CredPal — Pay Later \| Loans \| Invest > Online loans, buy now pay later, and investment services. (iPhone/iPad app by Crednet Technologies Inc.) - Source: https://appshunter.io/ios/app/credpal/id1541846382 (this page in markdown: same URL + `.md`) - Developer: [Crednet Technologies Inc](https://appshunter.io/developer/1541846384) - Category: Finance, Business - Price: Free - Rating: 4.40/5 from 947 App Store ratings · 80 written reviews indexed - Age rating: 17+ - Requires: iOS 13.0 · 132 MB - Languages: American English - Released: 2020-12-10 - Data updated: 2026-06-10 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/credpal/id1541846382/reviews.md ## What is CredPal? Borrow money online with the CredPal card at any time. Buy phones, laptops, electronics, and other products now and pay later. CredPal Online Loan app offers Loans Online Limit: from ₦5,000 to ₦500,000 Loan period ranges from 30 days to 180 days Interest rate ranges from 4% to 9% Example of CredPal Buy Now, Pay Later Loan 1. Purchased Item: iPhone XS 2. Limit Amount of ₦100,000 2. Limit Term: 2 months 3. Equity Contribution: ₦31,500 3. Interest rate: 5% 4. Service Fee: 2% (Goes to the Payment Service Provider) 5. Interest amount of the limit: ₦6,850 6. Monthly Repayment: ₦40,000 7. Total amount payable: ₦80,000 8. Total Percentage Rate (10%) Loan Applicant Requirement Nigeria Resident 22 - 55 years old How to Use CredPal To apply for an online cash loan or buy now pay later on the CredPal app, follow the following steps - Download the CredPal app and sign up - Apply for Credit and provide the required details - Get Approved for Credit - Get your credit card to access funds anytime you want To buy now, pay later: - Find and visit your favorite stores within the CredPal app or via the merchant’s payment link - Add your product information - Split your purchase into 6 repayments, billed monthly. CredPal Card Services With our card, you get the funds to meet your small ticket purchases and emergency cash needs while you pay back at the end of your billing cycle which is usually set around your salary day. Your CredPal card enables you to pay for your electricity bills, renew your gym membership fee, renew your Netflix subscription, and many more. You can also transfer some or all of the funds from your CredPal wallet to your bank account. CredPal Card Interest Rate & Repayment The credit limit on our credit card ranges between ₦5,000 to ₦500,000 with a repayment period of 29 days at an interest rate that ranges from 3.8% to 8%. Representative Example of a CredPal Credit Card: 1. Credit Limit Amount of ₦70,000 2. Credit Limit Term: 29 days 3. Interest rate: 6% 4. Interest amount of the credit limit: ₦4,200 5. Monthly Repayment: ₦75,313 6. Total Percentage Rate (6%) 7. Total amount payable: ₦75,313 CONVENIENT REPAYMENT OPTIONS You can easily pay back what you have spent from your credit card or from our buy now, pay later services within the CredPal app at the “payment” section, or by making a bank transfer to CredPal’s bank account. MANAGE YOUR REPAYMENT When you pay with CredPal, you get a complete overview of all your purchases and installments plans which helps you to keep track of all your purchases with their payment schedule. INCREASE YOUR SPENDING LIMIT The more you shop and make timely repayments, the more your credit limit increases and the more access you have to our deals and offers. CREDPAL INVEST Grow your money the smart way by investing with CredPal * Create multiple investment wallets to meet different goals. * Earn up to 16% on your investment capital per annum. * Invest with 50,000 Naira and above within 1 - 12 months. * Safe and secure with bank-level security, end-to-end encryption protocols, and other security technologies. CUSTOMER INFORMATION SECURITY AND PRIVACY The CredPal app has been developed using the best security and privacy standards to ensure absolute data security. When you download the CredPal app, we will ask for your permission to verify your personal and financial information. Our app is secure to use, we will not share your information with third parties without your consent. For more information about our credit card or buy now, pay later services, please visit: credpal.com or credpal.com/faq Contact us: We love feedback! If you have any feedback, questions, or complaints, please contact us through the following channels: Email: hello@credpal.com Twitter: https://www.twitter.com/CredPal Facebook: https://www.facebook.com/credpal Instagram: https://instagram.com/credpalhq Website: credpal.com Call Us: 017007999 Address:: Lagos, Nigeria ## Key features - Online cash loans - Buy now, pay later for purchases - Credit card for small purchases - Investment options - Manage repayment schedules - Increase spending limit ## What do users think of CredPal? Overall sentiment: negative **Pros** - 💯 Good service - 👍 Best app I've seen so far - 👍 I recorded the app - 💰 I was given a credit of 60k - 👍 The shop now pay later option really helped me out - 👍 They are amazing - 👍 I appreciate the credit service and the low interest rates - 👍 Credpal gets it right - 👍 Fast and reliable - 👍 The % is attractive. And the service is excellent - 👍 Seamless and Easy to Use - 👍 Lovely financial app to build your credit score - 👍 The best app when it comes to credit - 👍 Perfect Investment App - 👍 Good platform but not instant loan as they say - 👍 Obviously one of the best financial apps I've ever used - 👍 Very good app - 👍 The best in Nigeria so far when it comes to credit management - 👍 Best app and CredPal customer support one of the best in Nigeria **Cons** - 🤬 Sha - 🐛 A big buggy - 🤬 Scam app - 🤬 Loan shark - 🤬 If you value your Sanity and peace of mind, Avoid this app at all cost! - 🤬 Download and use at your own risk!!! - 🤬 SCAM APP, USE AT YOUR OWN RISK - 🤬 Poor customer service - 🤬 It's a mediocre app - 🤬 Scam - 🤬 Bad app - 🤬 Terrible customer service - 🤬 Scamers they're scamers - 🤬 Why can't I withdraw - 🤬 Very good app but extremely poor customer service - 🤬 Not for everyone - 🤬 Thieves - 🤬 Only for Nigerian phone numbers - 🤬 Useless - 🤬 Missing money and locked account - 🤬 Rubbish, can't unlock portfolio - 🤬 Help - 🤬 Bad service - 🤬 Can't transfer - 🤬 Location problem - 🤬 No work in United state? - 🤬 You have to have a Nigerian Number... smh - 🤬 Phone # area not working - 🤬 Can't a code to verify my Bvn - 🤬 Unknown error while trying to activate card - 🤬 Bad - 🤬 Inconvenience - 🤬 Failed Transaction - 🤬 Scammer - 🤬 Not good at all - 🤬 Account processing for almost a week now... - 🤬 Unable to use app after being Charged #250 for the app on bank account - 🤬 Fix this - 🤬 Zero engagement **Commonly reported bugs** - Login screen freezes - Incompatible with older devices - Verification cam won't turn up - Face verification **Most requested features** - Dark mode option - Advanced analytics dashboard - Ability to change bank account details ## Recent user reviews (10 of 80) All indexed reviews: https://appshunter.io/ios/app/credpal/id1541846382/reviews.md ### 1/5 — Sha *2025-12-31* Hey Credpal you are really a pain to the brain firstly you deduct money which wasn’t successful due to system error then after all my complaints you just keep clearing my complaints and Ignoring them and you sent a mail where I said it was successful I sent screenshots of the only transactions that went through yet you turn a blind eye That live chat is supposed to be called Dead chat not live Chat Outside this my experience has been cool But I’ll definitely not recommend anyone downloading the app until this issue is resolved **Developer response:** Hello! We’d love to hear from you and help resolve your complaint. Please send us a direct message (DM) on Instagram (@credpalhq) or send a mail to hello@ctredpal.com with: Your user email used in registering on the app. Our team is ready to assist you promptly!. We will appreciate if we can get a 5 star rating from you. ### 5/5 — Best app I’ve seen so far *2025-12-28, version 0.19.2* Best app I’ve seen so far ### 5/5 — I recorded the app *2025-12-21, version 0.19.2* The app is very good ### 1/5 — Unrealistic *2025-12-12, version 0.19.2* It’s an unrealistic app and probably looks like misleading, I don’t think any serious customer would want to waste their time on such financial app like this compared to Opay and PalmPay, you can’t even risk a big amount of money ### 5/5 — 🤬🤬 *2025-12-10, version 0.19.2* I was given a credit of 60k I withdrew 57k and it hasn’t been credited to my account ### 3/5 — A big buggy *2025-12-10* Very buggy reverts back to the onboarding page frequently and always requesting for verification Lowk tired of that but beautiful user interface & experience in other aspects regardless **Developer response:** Hello, We always appreciate when complaints are clearly stated, as it helps us understand your pain points. However, kindly send us a DM on Instagram @credpalhq for further assistance. We look forward to your updated 5-star rating. Thank you. ### 1/5 — Scam app *2025-11-22, version 0.19.0* Don’t bother downloading it’s a waste of time ### 5/5 — Good service *2025-10-23, version 0.18.20* The shop now pay later option really helped me out. 💯 ### 4/5 — SIMPLY AMAZING *2025-10-20, version 0.18.20* They are amazing ### 5/5 — Thank you CredPal *2025-10-09* I appreciate the credit service and the low interest rates…. Use this app guys, your money is secure and your credit is guaranteed! ## Frequently asked questions about CredPal ### What can I use CredPal for? CredPal allows you to borrow money online for various purchases, such as phones, laptops, and electronics, using a buy now, pay later service. You can also use the CredPal card for small ticket purchases, emergency cash needs, and to pay for bills and subscriptions. Additionally, the app offers investment opportunities to grow your money. ### What are the loan and credit card terms? Online loan limits range from ₦5,000 to ₦500,000 with repayment periods from 30 to 180 days and interest rates from 4% to 9%. The CredPal card offers a credit limit from ₦5,000 to ₦500,000 with a repayment period of 29 days and interest rates from 3.8% to 8%. ### How do I apply for credit with CredPal? To apply, download the app, sign up, and then apply for credit by providing the required details. Once approved, you will receive your credit card to access funds. For buy now, pay later purchases, find stores within the app or use merchant payment links to split your purchase into repayments. ### Who is eligible to use CredPal? To be eligible for CredPal services, you must be a resident of Nigeria and be between 22 and 55 years old. Specific requirements may vary for loan applications and other services. ### How can I repay my CredPal balance? You can easily repay your credit card balance or buy now, pay later purchases through the 'payment' section in the app. Alternatively, you can make a bank transfer to CredPal's designated bank account for convenient repayment. ## Version history (last 5 releases) ### 0.19.2 — 2025-11-26 In this version we improved our chop experience We added Flex savings we optimized app's perfomance ### 0.19.1 — 2025-11-24 In this version we improved our chop experience We added Flex savings we optimized app's perfomance ### 0.19.0 — 2025-10-29 Shop and pay in 4 ### 0.18.20 — 2025-09-26 In this version we improved user experience and fixed bugs ### 0.18.18 — 2025-09-20 In this version we improved user experience and fixed bugs ## Apps similar to CredPal | App | Rating | Price | Category | | --- | --- | --- | --- | | [Klarna: Smarter everyday money](https://appshunter.io/ios/app/klarna-smarter-everyday-money/id1115120118) | 4.9 (2,199,491) | Free | Finance | | [PayPal - Pay, Send, Save](https://appshunter.io/ios/app/paypal-pay-send-save/id283646709) | 4.8 (6,299,362) | Free | Finance | | [Klover - Instant Cash Advance](https://appshunter.io/ios/app/klover-instant-cash-advance/id1471211372) | 4.8 (345,913) | Free | Finance | | [Beem: Cash Advance & Banking](https://appshunter.io/ios/app/beem-cash-advance-and-banking/id1525101476) | 4.2 (29,695) | Free | Finance | | [Tabby: Pay over time](https://appshunter.io/ios/app/tabby-pay-over-time/id1528022364) | 4.8 (82,059) | Free | Finance | | [Carbon: Mobile Banking & Loans](https://appshunter.io/ios/app/carbon-mobile-banking-and-loans/id1494856668) | 4.5 (10,099) | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*