Credpal Loan App Download, Interest Rate, how legit

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Need a quick loan to buy the latest gadgets or home appliances? Look no further! With CredPal, you can access up to 2 million Naira in loans to buy now and pay later. Plus, invest and earn up to 18% returns on your investment!

Buy Now, Pay Later Features

CredPal offers buy now pay later (BNPL) and credit card services for your convenience. Here are the BNPL features:

  • Minimum Limit: ₦100,000
  • Maximum Limit: ₦2,000,000
  • Minimum Period: 60 days
  • Maximum Period: 180 days
  • Maximum APR: 83%

Example of CredPal Buy Now, Pay Later

  • Loan Limit: ₦100,000
  • Loan Term: 180 days
  • Repayment periods: 6
  • Repayment Frequency: Monthly
  • Interest rate @ 6.5%: ₦39,000
  • One-off Management fee @ 2%: ₦2,000
  • Total cost of Loan: ₦141,000

How to Use CredPal

To apply for buy now pay later on the CredPal app, follow these steps:

  1. Download the CredPal app and sign up.
  2. Apply for Credit and provide the required details.
  3. Get Approved for Credit.
  4. Get your buy now, pay later credit card to shop, and pay overtime.

To buy now, pay later:

  1. Find and visit your favorite stores within the CredPal app or via the merchant’s payment link.
  2. Add your product information.
  3. Split your purchase into 6 repayments.

Manage Your Repayment

When you pay with CredPal, you get a complete overview of all your purchases and installment plans, helping you keep track of your payment schedule.

Increase Your Spending Limit

As you shop and make timely repayments, your credit limit increases, granting you access to more deals and offers.

CredPal Invest

Invest with CredPal to grow your money the smart way:

  • Create multiple investment wallets to meet different goals.
  • Earn up to 18% on your investment capital per annum.
  • Invest with 1,000 Naira and above within 1 – 12 months.
  • Safe and secure with bank-level security, end-to-end encryption protocols, and other security technologies.

Company Legitimacy

CredPal is a legitimate business operating under the name Crednet Technologies Limited.

Customer Information Security and Privacy

CredPal app uses top-notch security and privacy standards to ensure data security. Your personal and financial information will only be accessed with your consent and never shared with third parties without it.

For more information, visit or

Credpal customer care

Credpal welcome feedback, questions, or complaints. Reach them through:

  • Email:
  • Twitter:
  • Facebook:
  • Instagram:
  • Website:
  • Call Credpal loan: 017007999
  • Address: Lagos, Nigeria
All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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