How to receive a credit wallet loan in Nigeria

Credit wallet loan – If you are looking for a short-term loan to offset your pressing financial need, the credit wallet loan will help you achieve that without stress or a mountain of paper works, to succeed in this loan you do not need collateral either.

About Credit wallet loan

Credit wallet is a loan outfit in Nigeria where you can take out an instant loan to a maximum of N1,000,000 within 15 minutes intervals, to even thinking that you do not need collateral to receive the credit wallet loan makes it more endearing.

As an online loan, you will not have to go through a mountain of paperwork to get it sorted, with a flexible repayment plan that further makes it ideal for even the least of classes of borrowers.

Credit wallet was established in 2017, and ever since, it has gained a renowned track record that makes it difficult to ignore by every class of borrower.

However, loans are granted to Nigerians with active and regular income sources, from which repayment is expected to be completed.

Requirements to receive credit wallet facility

There are no rocket documents involved, all you’ve got to keep ready are your;

  • BVN
  • Phone number connected to your BVN above
  • Valid and active email address for correspondence
  • Your employment details/offer letter/letter of promotion, etc.
  • A copy of your passport photograph
  • Staff ID card as well as your salary bank account
  • Your employer should be on the remittal payroll
  • You should have a good credit history, by this note you must not be owing any loan company in Nigeria and must have a good record of repaying a loan in the past.

How to apply for a credit wallet loan in Nigeria

Taking out a loan with a credit wallet is pretty easy and seamless, kindly follow the below steps to get started and receive your loan in minutes.

Step one: Kindly visit the credit wallet official website

Step two: Click on the “Apply now” button as seen

Step three: Enter your loan amount, and the loan tenor as well as approve the consent form; at this point you should be able to view your repayment plan, the amount payable monthly, as well as your total repayment.

Step four: Complete every detail as seen on the online form, having reached a loan decision on you, your loan amount will be disbursed.

Kindly note that you can download the credit wallet app available on Android and IOS on Google and Apple stores. Sign up and commence your loan application at once.

 How much can I borrow from my credit wallet?

As a salary earner as well as depending on your monthly salary, you can receive between N30k to N500k, however, some classes of borrowers could get as high as N1m.


The Credit wallet facility is usually granted between 3 to 12 months at most during which you are required to commence your repayment.

Kindly be informed that the longer the loan tenure, the higher the interest rate you are required to pay, and vice versa.

Credit wallet loan Interest rate?

The interest rate on a credit wallet is calculated on a straight basis of 0.25% per day, approximately 7.5% of the loan amount monthly.

Credit wallet loan app download?

The credit wallet app enables its users to apply, track and monitor their loan applications. You can download the app from Google or Apple store available for Android and IOS operating systems.

Credit wallet address/contact details

Office address: Pentagon Plaza. 23 Opebi Road, Ikeja. Lagos State.

Phone: +234 708 569 8828, +234 700 123 5529.                              



There you have it on how to receive a facility with a credit wallet, the process is not only easy, it’s seamless, and does not require collateral or paperwork to be completed.

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