CayCredit is an online loan application in Nigeria, providing flexible and convenient loan services with terms ranging from 91 to 365 days, suitable for personal financial needs.
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CayCredit – a breakthrough application in the financial sector in Nigeria, bringing convenience and flexibility to people in online lending. Through the perfect combination of a large database and artificial intelligence, CayCredit has made finance easier than ever. You don’t need to waste time going to the bank or deal with complex procedures, you just need a mobile phone to experience borrowing money in just a few minutes. Additionally, you have the right to choose a suitable credit limit and borrowing time according to personal needs, with all operations automated to ensure absolute speed, convenience, and safety. Don’t let finances become a burden, explore the CayCredit App today and experience innovation in the way you manage money.

Pros and Cons of CayCredit App


  • Convenient and flexible app for loans.
  • Quick automated loan registration and approval process.
  • Ensures secure, safe, and reputable personal information security for users.
  • Diverse credit limits and borrowing periods, allowing users to choose a loan package.
  • No need for collateral or complex paperwork.
  • Receive borrowed money quickly, disbursed within 30 minutes.
  • 24/7 customer support, anytime and anywhere.


  • Higher interest rates compared to banks.
  • Limited borrowing limit for each user.
  • Requires a bank account to receive money.
  • Not suitable for long-term financial needs.

Information on the loan product at CayCredit

Below is information about the loan package and an example on the CayCredit application, including:

  • Flexible loan terms from 91 to 365 days.
  • Loan amounts ranging from 5,000 NGN to 300,000 NGN.
  • Annual Percentage Rate (APR) ranging from 6% to 35%.
  • Service fees depending on personal credit, usually from 0% to 10%.

Example of a loan

You decide to apply for a loan at Cay Credit. After meeting all the requirements for the applicant, you are approved for a loan of 50,000 NGN with a loan term of 120 days and an interest rate of 18% per annum. Therefore, you will have to repay the interest and service fees as follows:

  • Daily interest amount: 50,000 NGN * 18% / 365 = 24.38 NGN/day
  • Total interest over the loan term: 24.38 NGN/day * 120 days = 2,925.6 NGN
  • Service fee: 50,000 NGN * 2% = 1,000 NGN
  • The total amount you need to repay will be: 50,000 NGN (loan amount) + 2,925.6 NGN (interest) + 1,000 NGN (service fee) = 53,925.6 NGN.

How to apply for a loan at CayCredit

Eligibility for loan registration

  • Being a Nigerian citizen aged 18 or older.
  • Having a stable job and income.
  • Having a bank account to receive money.
  • No bad debts with banks and similar apps.

Loan procedures on the application

  • No collateral required.
  • No asset collateral required.
  • No need for payroll statements.
  • No need for household registration.
  • Just need an ID card.

Steps to apply for a loan on the application

Here are the steps to apply for a loan on the CayCredit application, including:

Step 1: Download and install CayCredit APK/IOS

  • Visit
  • Select the “Download” section.
  • Download and install CayCredit on your phone.

Step 2: Register an account

  • Open the CayCredit App after installation.
  • Start the registration process by providing basic personal information such as: Full name, email, mobile phone number, ID card.

Step 3: Fill in loan information

  • After your account has been verified, log into the CayCredit App.
  • Choose the “Loan” or similar section in the application interface.
  • Fill in information about the amount you want to borrow, the loan term.

After completing the requirements on the application, you have to wait for a notification within 1 to 24 hours to confirm whether your loan has been electronically approved or not. If approved, the borrowed amount will be transferred to your bank account.

Contact information and customer support

Below is the contact information and customer support on the CayCredit application:

  • Customer Service Email: [email protected]
  • WhatsApp Phone Number: +234 7055487723
  • Website:
  • Company Address: 20 Bola Odupitan St, Amuwo Odofin 102102, Lagos, Nigeria.

If you need assistance, have questions, or are experiencing any issues related to the CayCredit application, you can contact via the provided email or phone number to receive support from the application’s customer care team.

Does the CayCredit application scam customers?

The CayCredit application does not scam customers and is committed to providing transparent and reliable loan services. Customer loans will be processed as quickly as possible. In the event that customers are unable to register, it may be due to a history of bad debt or financial violations.

Additionally, CayCredit always complies with legal regulations and credit terms, providing transparent information to users to help them understand the terms and interest rates of the loan. CayCredit prioritizes transparency and credibility in financial transactions.

Data security commitment of CayCredit

Here are some data security commitments of CayCredit:

  • All customer data is encrypted, including personal and financial information, to ensure that it is not accessed unlawfully.
  • All information is transmitted through secure connections to prevent theft or intrusion.
  • CayCredit commits to never share customer’s personal information with any third party without their prior consent.
  • The application complies with data security regulations and other relevant regulations of Nigeria to ensure that customer data is protected properly.


CayCredit is a reliable online personal cash lending application in Nigeria. With a simple and flexible process, it provides loan products with flexible terms and competitive interest rates. Additionally, the application is committed to service quality and data security, building significant trust from the user community in Nigeria.

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