Newcredit Loan App Review – SCAM or LEGIT?

The New Credit Loan App is getting popular, and the next thing anyone wants to know about the loaning service is how trusted the service is.

Newcredit has been hailed for its speedy delivery of loans. Getting a loan from them would be a good option if everything is alright with the service.

It is dangerous to jump to a conclusion at any point before proper confirmation. You don’t want a situation where problems arise from your loaning process. 

Don’t worry; I will share important things to know before making decisions about using the Newcredit loan app. I have shared helpful information about other loaning apps, and I believe this would help you too.

Is Newcredit Loan App Legit?

The Newcredit loan app is a platform you can trust when getting a loan. A lot of people have testified to getting loans from the platform. The app was also one of the most popular loan apps in 2021. This means many people in need of a loan have opted for a newcredit loan over others.

Required Details For New Credit Loan

If you decide to get a loan from Newcredit loan, then the app will require you to submit some information for authentication. 

Phone number

Your phone number will be used for login purposes, verification of client and information channel. Anything outside this purpose is not accepted. You can read their privacy policy for more information.


Your Bank Verification Number will be collected before you can get a loan. This is because of higher authorities like the CBN. Loaning apps are like microfinance banks too, so their customers must be synchronized with the CBN.

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Email address

Your email address serves the same purpose as your phone number. Mail only make your process formal. Other information like your name and age is basic information that will also be requested.

Withdrawal Amount On News Credit

After completing the necessary process, you need to know your minimum and maximum possible withdrawal. New credit loan app can borrow you as low as 1000 and a maximum of 100 000.


New credit Loan app is a good option for mobile loans. There are no bad testimonies about the loaning service till the point of writing. However, clients have complained about their customer service and site.

1 thought on “Newcredit Loan App Review – SCAM or LEGIT?”

  1. Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!

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