Tiger Credit Loan App; The Nigerian lending industry keeps growing, more and more loan apps are registered on PlayStore every day and their sole purpose is to give personal loans. Gone are the days when you need to visit the bank and ask for a loan, I for one have ruled out the bank for any personal loan.
Loan apps like Tiger Credit are much more suitable for instant loans, you can apply for a loan in 10 minutes and you don’t need to leave your location. The disbursement is also fast if they are waiting for your application. Within 2 hours of submitting the application, your loan will be disbursed to your bank account.
Although Tiger Credit is new, it actually knows the best way to serve its customers, which is why they have over 10,000 in its short launch time. You can get more than #50,000 in loans from them at a time. Your requirements are not many; just make sure you have BVN.
They are not like many loan applications that enjoy blackmailing their customers. They do not do this and that is why your application will be thoroughly reviewed prior to loan disbursement.
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What is the Tiger credit loan App?
Tiger Credit is a loan company. They focus on personal loans, which are also called unsecured loans, you do not need collateral or a guarantor before you can get a loan. They have their app on the PlayStore but not the App Store.
Is Tiger Credit Loan legit?
Yes, tiger credit is legit. You will not be charged upfront and during the repayment, you will only pay back what you owe, nothing more.
What Tiger Credit Offer
· 3 months repayment term
Although people barely get a 3-month repayment term, mostly it is 2 months but it is still better considering it is a short-term loan that has no guarantor.
· Quick loan
If you need an urgent loan, the Tiger Credit loan app is your best option. Being quick is their value proposition, you can get a loan from them within 3 hours and your loan is unsecured.
· Loan up to #100k
Although getting a loan in Nigeria is very easy when the loan amount is over $30k it is a bit difficult, most of these loan apps are short of funds, Tiger credit is not like that, if you use the app often you will get a high amount of loan from them.
· Fast Approval
When we apply for a loan, it is as if they were waiting for us to do it, the approval was fast, in 10 minutes. I think this is due to good credit, make sure you have good credit if you want to get a rush loan from them.
They will know your creditworthiness through your BVN. If your transaction volume per month is good, they will surely give you a loan.
How to be eligible For a Tiger Credit Loan?
To be eligible for this loan, you must meet the following requirements
As I said in the Introduction, your requirements are actually not that many. You must be residing in Nigeria when applying; you must have a bank account and BVN. Your BVN will give them the necessary data to give you the loan.
They are also concerned about their age, in Nigeria, anyone under the age of 18 is considered a minor and, according to the law, they should not grant loans. If your age is over 65, you believe that you do not have a job and will not have the means to pay.
How to apply for a loan
1. Download the Tiger Credit Loan App
Their app is not on iOS, you can only download it from Play Store. Launch the app and read the terms and conditions. You can then enter your phone number and other details, a verification code will be sent to this number, copy it, and use it to verify your account.
2. Take a loan offer
On your dashboard locate and click on “loan” It will take you to a different loan offer. Take one that is suitable to your needs. After submitting an application you will notify the time you need to wait.
3. Loan disbursement
Loan processing on Tiger credit is fast, within 3 hours you should get the loan into your account. Sometimes there might be a delay usually from your bank.
How Much You Can Get
The maximum loan you can get is #100,000. You need to have a good credit score to be eligible for this amount and you must have used the app for a while. Their system rewards recurrent users, if you take a loan from them often you will be eligible for a high loan.
Interest rate and repayment term
Per month you will pay back a 3% interest rate on your loan. The repayment term is up to 3 months but the average I’ve seen so far is 1 month.
Loan repayment on Tiger credit
There are many methods you can use to pay back. You can pay back with your ATM card, you can pay back through bank transfer, and you can pay back through bank deposit. Paying back with an ATM card is fast but if the network is bad I will advise mobile transfer.
Tiger credit contacts
Email: tigercreditse@outlook.com
Office: Plot 110A, Idejo Street, Victoria Island, Lagos
Conclusion – Tiger Credit Loan App
Tiger Credit is one of the go-to apps if you need instant money. If what you need is above #500k, you should visit a bank. Their loan tenure is short but it is suitable for the type of loan they give.