Tiger credit loan app : How to Download APK, Borrow, Repay, Review.
Tiger credit loan app : How to Download APK, Borrow, Repay, Review.
Introduction: Tiger credit loan app
Tiger credit loan app is a digital lending platform that provides quick and easy access to loans for Nigerians. It is a legitimate and registered platform that operates under the Central Bank of Nigeria’s (CBN) guidelines for digital lending. With Tiger credit loan app , users can borrow up to ₦500,000 with an interest rate of 0.9% per day. The repayment schedule for loans ranges from 1 to 6 months, making it an ideal option for short-term financial needs.
Tiger credit loan app : loan requirements, Download ApK, Apply Now, Sign-up, customer care.
Tiger credit loan Requirements
To apply for a loan on Tiger credit loan app , users need to meet certain requirements. These include:
- BVN: Users must provide their Bank Verification Number (BVN) during the registration process. This is a mandatory requirement as it helps Tiger credit verify the user’s identity and bank account details.
- Smartphone: Users must have a smartphone with internet connectivity to download and use the Tiger credit loan app . This ensures that users can easily access their loan details and make repayments online.
- Bank Account: Users must have an active bank account linked to their BVN. This is necessary for loan disbursement and repayment collection by KashOn.
- Debit Card: Users must have a valid debit card linked to their bank account. This is required during the loan application process as users need to provide their debit card details to complete the loan application process.
How to Download Tiger credit APK from Third-party Websites
If you prefer to download the Tiger credit loan app from third-party websites instead of the Google Play Store, follow these steps:
- Go to a trusted third-party website that offers APK downloads for Android apps. Some popular options include APKMirror, Uptodown, and APKPure.
- Search for “Tiger credit loan app ” on the website’s search bar or browse through the app category to find the app’s download page.
- Click on the “Download” button to initiate the download process. The app’s APK file will start downloading onto your device’s storage space.
- Once the download is complete, go to your device’s settings > Security > Unknown Sources and enable this option if it’s not already enabled. This allows your device to install apps from sources other than the Google Play Store.
- Locate the downloaded APK file on your device’s storage space and click on it to initiate the installation process. Follow the on-screen instructions to complete the installation process successfully.
How to Download Tiger credit on App Store (iPhone)
If you own an iPhone, follow these steps to download Tiger credit loan app from the App Store:
- Open the App Store on your iPhone and search for “Tiger credit loan app ” using the search bar at the top of the screen or browse through the Finance category to find the app’s page.
- Click on “Get” next to the app’s name to initiate the download process. You may be prompted to enter your Apple ID password or use Face ID or Touch ID for authentication purposes before proceeding with the download process.
- Wait for the app to finish downloading onto your iPhone’s storage space before launching it by clicking on its icon on your device’s home screen or searching for it in your list of installed apps using Spotlight Search (swipe down from any screen on your iPhone).
How to Sign Up on Tiger credit loan app
- Download the Tiger credit loan app from the Google Play Store or Apple App Store.
- Open the app and click on “Sign Up” at the bottom of the screen.
- Enter your phone number and click on “Get OTP”. You will receive a verification code via SMS.
- Enter the verification code and click on “Verify”.
- Create a password for your account and confirm it.
- Enter your full name, email address, and BVN (Bank Verification Number).
- Click on “Submit” to complete the registration process.
How to Link Your Debit Card to Tiger credit loan app
Note: Tiger credit charges ₦50 to link your debit card to your Tiger credit loan app
- Log in to your Tiger credit loan app account.
- Click on “Settings” at the bottom of the screen.
- Click on “Payment Methods”.
- Click on “Add Card”.
- Enter your debit card details (card number, expiry date, CVV, and bank name).
- Click on “Submit” to complete the card linking process. Tiger credit charges a one-time fee of ₦50 for linking your debit card to your account.
Tiger credit Review
Interest Rate
Tiger credit loan offers loans with an interest rate of 0.5% per day for a repayment period of 1 to 3 months. The interest rate is calculated based on the loan amount and repayment period selected by the borrower. For example, if you borrow ₦20,000 for 30 days (1 month), you will be charged an interest rate of 15% (0.9% per day x 30 days) in addition to the principal amount (₦20,000). The total amount payable at maturity will be ₦25,000 (principal amount + interest). It’s essential to understand that late payment fees may apply if you fail to repay your loan within the agreed-upon time frame. Therefore, it’s crucial to ensure that you can afford the loan repayments before applying for a loan on Tiger credit loan app .
Repayment Schedule
Tiger credit loan offers flexible repayment schedules ranging from 1 to 6 months for its loans. Borrowers can select their preferred repayment period based on their financial situation and repayment capacity. The repayment schedule is fixed, and borrowers are required to make equal payments at regular intervals until the loan is fully repaid.
Loan Processing Time
The loan processing time on Tiger credit loan app is relatively fast compared to traditional banking institutions due to its digital nature. Once you have submitted your loan application and provided all necessary documents, you can expect to receive your funds within a few hours or at most, a few days depending on your bank’s processing time for debit card transactions.
Is Tiger credit loan app Legit?
Yes, Tiger credit loan app is a legitimate and registered digital lending platform in Nigeria with regulatory approval from relevant authorities such as the Central Bank of Nigeria (CBN) and Nigerian Deposit Insurance Corporation (NDIC). The app has received positive reviews from its users due to its fast loan processing times, flexible repayment schedules, and competitive interest rates compared to traditional banking institutions’ high interest rates on loans. However, it’s essential to note that digital lending platforms such as Tiger credit loan app should be used responsibly as they can lead to debt traps if not managed correctly due to their short-term nature and high-interest rates compared to traditional banking institutions’ long-term loans with lower interest rates over extended periods. Therefore, it’s crucial to ensure that you can afford the loan repayments before applying for a loan on Tiger credit loan app or any other digital lending platform in Nigeria or elsewhere in the world.
How to Apply for a Loan on Tiger credit loan app
- Download the Tiger credit loan app : To apply for a loan on Tiger credit loan app , you need to download the app from the Google Play Store or Apple App Store. Search for “Tiger credit Loan” and follow the prompts to install the app on your device.
- Register and Verify Your Account: After installing the app, create an account by providing your details such as name, email address, phone number, and BVN. Once you have registered, verify your account by submitting a valid government-issued ID and a recent utility bill. This process is mandatory to ensure that only genuine users can access loans on the platform.
- Fill Out the Loan Application Form: After verifying your account, navigate to the “Loans” section of the app and click on “Apply Now.” Fill out the loan application form by providing details such as loan amount, repayment period, and reason for borrowing. Ensure that you meet the eligibility criteria for the loan you are applying for.
- Submit Your Application: Once you have filled out the loan application form, submit it by clicking on “Submit.” The Tiger credit loan app will review your application and let you know if you are approved or not. If approved, you will receive the loan in your bank account within 24 hours.
FAQs – Tiger credit loan app
1. What is the maximum loan amount I can borrow on Tiger credit loan app ?
The maximum loan amount you can borrow on Tiger credit loan app is N500,000. However, this may vary based on your income level and creditworthiness. The loan amount is determined during the application process based on your eligibility criteria.
2. How long is the repayment period for Tiger credit loan app ?
The repayment period for Tiger credit loan app ranges from 1 to 6 months. You can choose a repayment schedule that suits your financial situation during the application process. The interest rate for all loans is 0.9% per day.
3. Is Tiger credit loan app legitimate and registered in Nigeria?
Yes, Tiger credit loan app is a legitimate and registered digital lending platform in Nigeria with regulatory approval from relevant authorities such as CBN and NCC. The platform adheres to strict data privacy policies and employs advanced security measures to protect user data and transactions. You can rest assured that your loans are safe and secure with Tiger credit loan app .
Conclusion
Applying for a loan on Tiger credit loan app is simple with our step-by-step guide. With real-time data and information, we have provided accurate insights into the platform’s legitimacy and registration status in Nigeria. Remember to always verify your account before applying for loans to ensure that only genuine users can access loans on the platform.
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