Xcredit Loan App – Is Xcredit Loan Legit? How to Apply for Xcredit Loan

xcredit loan is xcredit loan legit how to apply for xcredit loan

Have you heard of or come across Xcredit loan app and you want to find out more about the lending platform? in this guide we’ll discuss everything about Xcredit loans in Nigeria.

In recent years, online lending platforms have gained significant popularity as an alternative to traditional banking institutions. These platforms provide quick and convenient access to loans, catering to the needs of individuals and small businesses. 

However, with the rise of such platforms, it becomes crucial to distinguish between legitimate lenders and potential scams. 

In this article, we will focus on Xcredit Loan and explore whether it is a legitimate lending option.

What is Xcredit Loan?

Xcredit Loan is an online lending platform that provides fast, hassle-free loans to individuals. It positions itself as a convenient solution for borrowers seeking instant funds, without the complexities associated with traditional bank loans. 

The platform offers a streamlined application process and promises quick approval and disbursement of funds. Xcredit loan app was available for Android devices and you could find it on Google Play Store but not anymore.

Is Xcredit Loan Legit?

The Xcredit loan app was on the Google Play store before, but it’s no longer there. This means It must have been banned by the Google Play store for loan app policy violation.

So you have to be careful when taking a loan from Xcredit, the only way to get a loan from Xcredit is to download an APK that was last updated on March 7th, 2022. Xcredit doesn’t have a website or an active app on either the Google app store, there is an Instagram page, but barely anything else to show that they are the real deal.

Is an Xcredit loan legit? Well, you can take a loan from Xcredit, just repay your loan on time if you don’t want the troubles that come with using fake loan apps in Nigeria. I would not advise my enemy to take a loan from Xcredit but you can try to if you insist and be an example towards others.

How to Apply for a Loan on XCredit


Applying for an Xcredit loan is easy and stress-free. Here’s how you can get a loan from Xcredit:

Create an Account

To get started, download the Xcredit loan app from Google Play store and register for an account.

Apply for a Loan

Once you’ve got your account set up, it’s time to apply for that much-needed loan. XCredit makes the process simple. Just log into your account, navigate to the loan application section, and fill out the necessary details.

They might ask for information like your income, employment details, and the loan amount you’re seeking. 

Be honest and accurate when providing this information because it helps them determine your eligibility and loan terms.

Receive Your Loan

Once you’ve submitted your loan application, Xcredit swings into action. They’ll review your application and make a decision as quickly as possible. If all goes well, and you meet their criteria, you’ll receive the good news that your loan has been approved.

XCredit doesn’t like to keep you waiting, so they’ll disburse the funds straight into your bank account. Depending on your bank, you could have the money in your hands within a matter of minutes or hours.

Build Your Loan Limit

Here’s another feature of borrowing money from Xcredit. Every time you repay a loan successfully, you’re not just clearing your debt, but you’re also building up your loan limit. It’s like earning trust points with Xcredit.

As you demonstrate your reliability and responsible borrowing habits, Xcredit rewards you by increasing your loan limit. 

This means you can access higher loan amounts in the future if you ever need them. It’s a win-win situation!

How Much Can I get on Xcredit?

You can get between N5,000 Naira and N500,000 Naira on the Xcredit loan app.

How long does it take Xcredit to credit my account?

From the moment you submit your application, it’s just a matter of minutes before the loan amount is disbursed right into your bank account.

Xcredit Loan interest rate?

Xcredit claims to charge around 12% interest for a loan repayment duration of 91 days to 180 days for their loans. So a loan of N10,000 Naira x12% = N1,200.

Pros and Cons of Xcredit


  • Quick and Easy Access: Need cash in a hurry? XCredit They make it super fast and straightforward to access loans. No long waiting periods or complicated processes. Just a few clicks, and you’re good to go.
  • No Collateral Required: You know that feeling when you’re stressed about putting up collateral for a loan? Well, with Xcredit, you can wave those worries goodbye. They don’t ask for collateral, which means you can get the funds you need without risking your valuable assets.
  • Say Goodbye to Paperwork: Ugh, paperwork. It’s such a hassle, right? Well, Xcredit gets it. That’s why they’ve eliminated the need for piles of paperwork. No more digging through stacks of documents. Everything is handled online, saving you time and headaches.
  • Zero Service Fee Charge: Here’s some great news: Xcredit doesn’t charge any service fees. That means you won’t have to worry about additional costs eating into your loan amount. It’s all about transparency and keeping things straightforward.


  • Maximum Tenor of 180 Days: Keep in mind that Xcredit currently offers loans with a maximum tenor of 180 days. So, if you’re looking for longer-term loans, you might need to explore other options. But if you need quick cash for a shorter period, Xcredit has got you covered.
  • Loan Limit: While Xcredit can be a lifesaver for smaller financial needs, it currently has a maximum loan limit of N500,000. So, if you require a larger loan amount, you might need to explore alternative lenders.

Should I get an Xcredit Loan in Nigeria?

There’s a new loan service called Xcredit that is based in the US offering $5000 loans without a credit check. They haven’t fully launched yet but they’ve started operations. However, the Xcredit loan app in Nigeria is of questionable character.

After Xcredit became popular between 2021 and 2022, they suddenly went off the radar. A lot of people are still looking to use them through the available APKs they can find but that is a disaster waiting to happen.

I suggest you look to borrow money from legit loan apps in Nigeria.

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