Aida Credit is a loan application in Nigeria that offers quick personal loans without collateral. Licensed by the Central Bank of Nigeria (CBN), it operates under strict regulations to ensure safe and secure transactions
Loan Features
AidaCredit provides loans ranging from ₦4,000 to ₦1,000,000. Repayment periods span from 61 days to 12 months. The Annual Percentage Rate (APR) varies between 24% and 260%, depending on the loan amount and repayment duration.
For instance, if you borrow ₦100,000 over six months at a monthly interest rate of 4%, the APR would be 48%. Your monthly repayment would be ₦24,000, totaling ₦124,000 over the loan period.
How to Apply for Aida Credit Loan
To apply for a loan with Aida Credit:
- Download the AidaCredit app from the Google Play Store.
- Register using your phone number.
- Complete the application by providing basic information.
- Submit your application and await approval.
- Once approved, the loan amount is disbursed directly into your bank account.
What are Requirements
Applicants must:
- Be Nigerian residents.
- Be between 18 and 60 years old.
- Provide valid identification documents and proofs.
Advantages of Using Aida Credit
The application process is entirely online, allowing you to access funds quickly and conveniently. Various repayment methods are available, enabling you to choose the one that best suits your financial situation.
As a licensed microfinance bank, Aida Credit ensures that your personal information remains secure and is not shared with third parties without your consent. Additionally, there are no hidden charges or transaction fees, promoting transparency in all dealings. To help you manage repayments, AidaCredit provides timely reminders to prevent missed payments.
Aida Credit Contact Information
For assistance or inquiries, you can reach AidaCredit 24/7 via:
- Email: service@ishiagumfb.ng
- Phone: +2348167041543
Conclusion
AidaCredit offers a straightforward and secure platform for obtaining personal loans in Nigeria. With its user-friendly application process, flexible repayment options, and commitment to data security, it serves as a reliable choice for those in need of financial support.
