Easy Credit at your fingertips!
Do you need to pay for an urgent need? Or do you need capital for your business? Lendico can help with all your money needs by providing instant loans for you.
Lendico offers credit to individuals and small & medium scale enterprises with reasonable interest rates. With Lendico, borrowing is easier. You can borrow instantly from wherever you are.
LOAN RATES AND REQUIREMENTS
Lendico gives you access to loan amounts with just a few simple clicks. You do not need lengthy documentation and long bank queues.
Our payback period can be from 60 days and above depending on your loan eligibility. Also, we only give loans to persons above the age of 21 years.
Our minimum interest rate, which is determined by our credit scoring algorithm, is 3% per month and a maximum of 10% per month. This comes to an Annual Percentage Rate (APR) of 36%.
FOR EXAMPLE;
If you get a personal loan product of N10,000 to pay back over a 3-months tenor at an interest rate and fees of 3% per month (36% APR), you will be paying back N900 in interest. Making your total Principal + Interest repayment of N10,900 only.
To verify your identity, we will require you to submit additional documentation such as a valid identification document. You may also need to submit your bank statement for us to confirm your eligibility for a loan.
Though we do not require any collateral, for specific amounts, you may need to provide a guarantor.
To get started, download the app, sign up easily and apply for a loan in minutes!
Get In Touch With Us
Our support channels are open to your feedback and tips to make our services better.
If you have feedback or questions, you can reach out to us by calling +2349137000600 or send an email to [email protected].
ADDITIONAL NOTES
When processing your loan request, we take several signals into consideration such as past loan performance, credit score and so on. We also require that all details filled in the loan application are correct and verifiable.