GogetCredit is a newly emerged online lending platform in the market. The app stands out for its advantages of quick loan processes and simple procedures. However, to ensure safety and avoid falling into credit traps, please refer to the following article to understand more about this loan app.
Some information about GogetCredit
The GogetCredit App is a financial solution for those seeking unsecured consumer loans. It is promoted as a useful tool to prevent loan sharks.
Currently, the app allows customers to borrow money for personal expenses, shopping, or resolving financial issues they are facing. The loan process is entirely online, from document submission to fund disbursement. All you need to do is download and install this app on your Android phone.
Product Features of Borrowing on the GogetCredit
- Loan Amount: From ₦4,000 to ₦150,000
- Loan Term: From 91 to 365 days.
- Maximum Annual Interest Rate: 30%
An example of borrowing could be as follows:
- Loan Amount: ₦20,000
- Loan Term: 180 days
- Annual Interest Rate: 21%
- Total Interest: ₦4,200
- Total Amount Due: ₦24,200
In this example, the user borrows ₦20,000 for 180 days at an annual interest rate of 21%. The total amount due after the borrowing period is ₦24,200, which includes both the principal amount and the interest.
With this information, users can evaluate the costs and conditions of borrowing through GogetCredit and decide whether it suits their financial needs and repayment capabilities.
Benefits of Borrowing from GogetCredit App
When borrowing money on the platform, customers will enjoy several attractive benefits such as:
- Quick and simple loan application process, with most loans being unsecured.
- Free loan consulting and assessment services.
- Loan limits of up to ₦150,000.
- Flexible loan terms and repayment periods, ranging from 91 to 365 days based on each individual’s financial capacity.
- Instant access to borrowing by simply installing the app on a mobile phone.
- Customer information security, ensuring absolute confidentiality and no data leaks.
- Approval and disbursement support for loans within the same day.
Who is Eligible to Borrow Money on the App?
The GogetCredit online lending app only supports loans for customers who meet the following criteria:
- They are legal citizens of Nigeria with full legal capacity for civil responsibility.
- They are between the ages of 21 and 65.
- They possess a valid ID/Passport/Proof of monthly income.
- They have a stable monthly income to repay debts on time.
- They are not listed in the bad debt list of banks or other financial institutions.
- They have a primary bank account for loan disbursement.
Quick Overview of the Loan Application Process
If you wish to apply for a loan on the app, please refer to the following steps:
- Step 1: Download the app and register for an account.
- Step 2: Fill in personal information including ID, phone number, address, occupation, income, etc.
- Step 3: Take a portrait photo along with ID and other required documents if requested.
- Step 4: Choose the appropriate loan amount, term, and interest rate option.
- Step 5: Agree to the terms, wait for approval, and electronically sign the contract.
- Step 6: Confirm account information and wait for disbursement within 15 minutes to 1 day.
- Step 7: Repay installments according to the agreed schedule and interest rate.
Payment Methods for Loans
There are three main methods for borrowers to repay their installment loans online at GogetCredit:
- Bank transfer: Customers open the GogetCredit app to obtain information about the recipient’s account number. Then, they log in to the Internet Banking application and proceed with the money transfer transaction.
- Payment via electronic wallet: The method of transferring money is similar to bank transfers.
- Payment at collection points or directly at the bank: Customers can visit the bank’s transaction counters or collection points to make payments.
Is GogetCredit Truly Reliable?
GogetCredit is an unsecured loan app that has attracted the attention of many users from Nigeria. Although the app provides complete contact information and operational procedures, we have not been able to verify the accurate information about the business entity behind it. The lending activities of the app are currently not licensed.
However, there is no concrete evidence to suggest that GogetCredit engages in fraudulent activities. Nevertheless, users should be aware of the relatively high interest rates and some reports regarding unprofessional debt collection practices, including threats and infringements on personal dignity to intimidate borrowers.
Therefore, it is crucial to thoroughly research and carefully consider before making a decision to borrow money through this app.
Contact Information for GogetCredit
The contact information for GogetCredit is as follows:
- Phone: 02018889598
- Email: [email protected]
- Address: 63 Adeniyi Jones Street Right House, Oriflame Building, Ikeja, Lagos State, Nigeria.
For any inquiries, feedback, or assistance related to GogetCredit’s loan services, users can contact them via phone, email, or the address provided above. Their support team will be happy to assist and provide further details if necessary.
Through today’s article, you now have a better understanding of the GogetCredit online loan application. Hopefully, this information will be helpful in making a decision on whether to borrow money or not.
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