Creditmesan loan app: interest rate, is it legit - Startuppreneur

Creditmesan loan app: interest rate, is it legit

Creditmesan is a loan app in Nigeria where you can obtain instant loan without collateral or paper work. With is loan app you don’t need to leave your location z with your phone you will obtain the loan. Their loan processing is very fas, give them maximum of 1 hour after application, your loan will be disburse.

With this loan app you can obtain up to #100,000 loan without collateral or paper work


Requirement to obtain loan from creditmesan loan app.

To obtain loan from this app there are some requirements you need to meet up with which are

Have good credit score

Have bvn and bank account


Be above 18 years of age

Have regular source of income

Have smart phone with which to download the loan app

Once you have the above list, you can go ahead and apply for the loan

How to apply for credit mesan loan

The first step to take is to head over to play store and downlaod the loan app

Register with your name, bvn and other details

You will be ask to bind your ATM card which might attract #30 fee, do so and proceed

Once you are done with registration you will be login to your account

On your dashboard locate and click on loan

There you will see amount of loan you are eligible to obtain

Click it and wait for disbursement

How much to obtain from Creditmesan loan app

The maximum amount of loan you can obtain from this loan app is #100,000. If you are applying for the first time you will not be able to obtain up to this but a as you continue to use the loan app, your loan limt will increase.

Creditmesan loan interest rate and repayment period

Creditmesan loan interest rate is between 5% to 20% depending on the amount of loan secure and the repayment period.

The repayment period is between 7 days to 180 days, also depend on the amount of loan obtain. If you are applying for the first time your interest rate will be high while your repayment period will be short, this will later improve as you continue to use the loan app

Paying back your Creditmesan loan app

To payback your loan head over to your dashbaord

Click on loan repayment

There you will see deferent option to pay back your loan

Click on one and make payment
Once you make payment it wil reflect on your dashboard

If it does not you should contact them.

What will happen if I default or refuse to pay back

If you default you will be punish by Increase in your loan Interest rate which might be up to 2%.

If you abscond, your name and bvn will be send to credit bureau for blacklisting which means you will not be able to obtain loan again in Nigeria until you pay back and clear your name with credit bureau.

Is Creditmesan loan app legit

Yes, this loan app is legit, many people have obtain loan from this app. The only problem with them is that they are not license by CBN nor insure by NDIC

Our final verdict on Creditmesan loan app

Creditmesan loan app is legit they will surely give you loan. They have good review and rating on play store as at the time of writing this article but this might be due to the low number of reviewer. The app is good it does not have any bug.

Like many loan app in Nigeria this loan app is not license by CBN so exercise caution when taking loan from them.


Above is how to obtain loan from credit messan. As you’ve read above, credit mesan will surely give you loan but do not take more than you can pay back, try to avoid embarrassment and had I know.

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