Mini Credit Loan Review, App Download

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Mini Credit is a reliable platform that provides online loans without collateral. With their user-friendly loan app, you can access fast and convenient loans at any time and from anywhere in Nigeria, as long as you have an Android phone.

Interest Rate and Loan Breakdown

MiniCredit offers flexible loan terms ranging from 91 days to 365 days, with loan amounts available from NGN 3,000 to NGN 200,000. The interest rates vary from 12% to 24% APR.

For instance, let’s take a closer look at a 91-day loan with a principal amount of NGN 3,000. The loan comes with a processing fee of NGN 750 and an interest of NGN 409.5, making the total amount due NGN 4,159.5.

In the first month, you’ll owe N1,886.5, which includes the processing fee and N136.5 in interest. The second and third months will each have a total amount due of N1,136.5, with N136.5 in interest for each month.

Keep in mind that interest rates can change over time, so always ensure you verify the interest rate on any loan offer before accepting it.

Mini Credit Loan Requirements

To be eligible for a Mini Credit loan, you must meet the following requirements:

  1. Be a Nigerian resident.
  2. Be between 20 to 60 years old.
  3. Have a stable source of income.

Additionally, you’ll need to provide your BVN (Bank Verification Number) and bank account information when applying for the loan.

How to Apply for a Mini Credit Loan

Getting a loan with MiniCredit is a straightforward process. Just follow these simple steps:

  1. Install the MiniCredit Application from the Play Store on your Android phone.
  2. Register an account to get started.
  3. Select the loan product that suits your needs.
  4. Fill out your basic personal information, BVN, and bank details, then submit the application.
  5. Once submitted, you’ll receive the final application result through the app and via SMS.
  6. If your loan is approved, e-sign the loan agreement.
  7. After e-signing, the approved loan amount will be disbursed into your account, and you’ll receive a confirmation SMS.

When downloading the MiniCredit app, ensure you get it from the official Play Store. Avoid downloading loan apps from unofficial sources or third-party app stores, as they may pose security risks.

Contacting Mini Credit Customer Care

If you need assistance or have any questions, Mini Credit’s customer care team is available 24/7 to help. You can reach them via email at Alternatively, you can also contact them within the MiniCredit app.

Is Mini Credit Legit?

Mini Credit is a legitimate platform offering loans to customers in Nigeria. However, it’s essential to remember that companies can change over time, and their terms and conditions may evolve.

As a user, you should exercise due diligence and make informed decisions when dealing with any financial institution or loan provider.


In conclusion, MiniCredit provides a reliable and convenient solution for obtaining fast and friendly loans in Nigeria. With its user-friendly app and flexible repayment options, MiniCredit aims to make the loan process seamless and accessible for all eligible Nigerians.

Remember to review the interest rates and loan terms carefully before applying, and only download the MiniCredit app from the official Play Store for a secure experience. If you have any questions or need assistance, don’t hesitate to reach out to Mini Credit’s 24/7 customer care team.

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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