WeCredit Loan App Apk Download, Customer Care Number, Legit

WeCredit is an app that gives small to medium short-term loans to Nigerians, ranging from N3,000 to N500,000. You don't need any collateral, and you only need a few documents.

Despite the risks, WeCredit Loan App has gained over 10,000 downloads on the Google Play Store and has received mixed reviews. The app uses loan software to collect information about prospective customers, including phone records, banking transaction alerts, and BVN (Bank Verification Number) to build a credit score for each borrower.

To qualify for higher loan amounts, it is recommended to maintain good bank transaction messages on your phone and to avoid having outstanding debts with other loan apps.

Getting a loan is easy. Just download the app from Google Play Store, share some info about yourself, and within a few hours, the app will check everything, calculate your credit score, and offer you a loan if you qualify.

Features and Benefits of WeCredit Loan App

WeCredit Loan App offers a range of features and benefits that make it an attractive option for Nigerians seeking quick and easy access to loans. These features and benefits include:

  • Easy and Streamlined Application Process: The app's user-friendly interface simplifies the loan application process, allowing users to apply for loans in a matter of minutes.
  • Quick Loan Approval and Disbursement: Upon approval, loan amounts are typically disbursed directly into the borrower's linked bank account within a few hours.
  • Flexible Repayment Plans: Borrowers have the flexibility to choose from various repayment plans ranging from 91 to 365 days, allowing them to manage their loans effectively.
  • Access to Instant Cash: The app provides quick access to cash, enabling users to meet their immediate financial needs without delay.
  • No Collateral or Guarantor Required: Unlike traditional loans, WeCredit Loan App does not require collateral or a guarantor, making it accessible to a wider range of borrowers.
  • Convenient and Accessible: The app's mobile-based nature allows users to apply for loans and manage their accounts from anywhere, at any time.
  • Transparent and Competitive Interest Rates: The app's interest rates are transparent and competitive, ensuring borrowers are aware of the costs associated with their loans.

Apk Download and How to Apply for WeCredit Loan 

  • Begin by downloading the WeCredit Personal Loan App exclusively from the Google Play Store. Ensure you have sufficient storage space on your Android device to accommodate the app.
  • Launch the app and register an account using your active phone number. Preferably, use the phone number linked to your Bank Verification Number (BVN) for seamless verification.
  • Complete the Know-Your-Customer (KYC) form by filling in your basic personal details, including your residential address, next of kin's information, and employment details.
  • The next step is to input your BVN to proceed. To enhance your loan eligibility and potentially secure a higher loan amount, you will be prompted to bind your ATM card to your account. This involves a one-time charge of N50.
  • An OTP (One-Time Password) will be sent to your registered phone number to verify your identity. Enter the OTP to confirm your details.
  • Once you've completed the verification process, proceed to apply for a loan. The app will analyze your credit score and provide the final decision within a couple of minutes.
  • If your loan application is approved, the approved loan amount will be directly transferred to your linked bank account.

Customer Care Number

WeCredit Loan App is committed to providing excellent customer service, ensuring that users have access to prompt assistance whenever they need it. To reach their customer care team, you can use the following methods:

In-App Support: Access the in-app support feature by clicking on the "Help" or "Customer Care" option within the app.

Email: Send an email to [email protected], clearly stating your inquiry or concern.

Phone: Call the WeCredit Loan App customer care line at 09016462398.

You can visit Wecredit in their physical Address at Block 12, Elephant cement way, CBD Alausa, Ikeja, Lagos.

Is it Legit?

Yes, WeCredit loan app is considered legitimate, although it's still quite new on the play store. It does provide loans to customers, but it's crucial to be careful before getting any online loan. Even though the app is new in Nigeria, the owners say they've helped more than 50 million people in other places for the past 6 years. 

Always check what other customers say before getting a loan in Nigeria. Before taking out a loan from WeCredit or any other online loan app, it is important to read reviews from other customers and exercise caution. Remember that you are responsible for the security of your transactions with these apps and there is no way to seek redress for poor customer service.

WeCredit loan app interest rate

WeCredit loan app charges interest and fees based on your loan amount. Here's a breakdown:

Loan Amounts: N3,000 to N500,000

One-time service/interest fee: 2% - 35%

Maximum Annual Percentage Rate (APR): 66.21% – 270.44%

Late fee: 8% of the outstanding amount due

Minimum repayment period: 61 days

Maximum repayment period: 180 days

Here's an example to help you understand the interest calculation for a sample loan:

Principal: ₦100,000.00

Loan Interest (APR): 30%

Tenor: 4 months


Annual Interest (₦100,000 * 0.3): ₦30,000

Total Interest for 4 months (₦100,000 * 0.3 * 4/12): ₦10,000

Monthly Interest: ₦2,500

Monthly Repayment (principal + interest): ₦27,500

Total Repayment: ₦110,000

This breakdown shows how the interest and repayment amounts are calculated for a loan of ₦100,000 with a 30% APR over 4 months.


Is WeCredit Loan App legit?

Yes, WeCredit Loan App is a legitimate loan app. 

How much can I borrow from WeCredit Loan App?

You can borrow between N3,000 and N500,000 from WeCredit Loan App.

What is the interest rate on WeCredit Loan App loans?

The interest rate on WeCredit Loan App loans varies depending on the loan amount and the borrower's credit score. However, it is typically between 1% and 30% per month.


WeCredit Loan App serves as a valuable resource for Nigerians seeking quick and reliable access to personal loans. With its user-friendly interface, streamlined application process, and dedicated customer care team, WeCredit Loan App empowers individuals to go through financial emergencies

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