About Nodcredit
NodCredit offers both employed and self-employed, business persons and corporates quick loans starting from N10,000 to N50,000 for first time borrowers. Returning customers can access upto 300,000. Our Interest ranges...
NodCredit offers both employed and self-employed, business persons and corporates quick loans starting from N10,000 to N50,000 for first time borrowers. Returning customers can access upto 300,000.
Our Interest ranges from 1% – 16% per month. For multiple tenors accessible to returning customers we charge on reducing balance at lower interest.
# SIMPLE STEPS to get a loan on NodCredit:
1. Install NodCredit app
2. Sign up with your BVN. BVN spooled data will be used to pre-populate some of your personal data
3. Add your card (N20 will be charged for card tokenization) and bank account details
4. Apply for your loan
5. Wait for a few minutes.
6. If your loan is approved. You receive cash instantly in your provided bank account.
# UNIQUE FEATURES on NodCredit?
- Pause Option: you can defer your repayment date for 30 days if you run into any financial difficulties. You can defer for as many times as possible.
- Custom repayment schedule - unlike the other lenders, we allow you settle your loan in split payments, pay parts of your loan whenever you have it.
# RATES AND FEES
# NIGERIA: Loans range loans from 10,000 to 300,000 with terms from 62 days to 180 days.
With an equivalent monthly interest of 1% – 16% and APR (Annual Payment Ratio) of 12% - 96%.
LOAN / REPAYMENT SCENARIO:
- If your loan is for 3-months and your borrowed N150,000, if NodCredit charges you a returning customer interest rate of 10% per month on your reducing balance. You will pay;
- 1st month: N65,000
- 2nd month: N60,000
- 3rd month: N55,000
This is a gross interest rate of 20% and an equivalent monthly interest of 6.6% for each month on your fixed balance of 150,000.
PS: Remember you can also pause the pause and defer payments for another month.
Apr 10, 2022
Version 1.3.7
Bug fixes and performance improvements
Previous Versions
Here you can find the changelog of Nodcredit since it was posted on our website on 2021-12-23 10:08:12.
The latest version is 1.3.7 and it was updated on 2024-04-22 13:47:28. See below the changes in each version.
Nodcredit version 1.3.7
Updated At: 2022-04-10
Changes: Apr 10, 2022 Version 1.3.7
Bug fixes and performance improvements
Nodcredit version 1.3.6
Updated At: 2022-03-30
Changes: Mar 30, 2022 Version 1.3.6
Bug fixes and performance improvements
Nodcredit version 1.3.5
Updated At: 2021-11-10
Changes: Nov 10, 2021 Version 1.3.5
Bug fixes and performance improvements
Disclaimer
Official App Store Link
We do not host Nodcredit on our servers. We did not scan it for viruses, adware, spyware or other type of malware. This app is hosted by Apple and passed their terms and conditions to be listed there. We recommend caution when installing it.
The App Store link for Nodcredit is provided to you by apps112.com without any warranties, representations or guarantees of any kind, so access it at your own risk.
If you have questions regarding this particular app contact the publisher directly. For questions about the functionalities of apps112.com contact us.
