How To Borrow From Mama Credit Loan App: Mama Credit Loan App Apk Download, Customer Care Details

Different factors combine to make a person obtain a loan from a Fintech company. To some, it is the different interest rate, while to others is the repayment plan. Yes, the factor you consider considerate is one you would choose. Regardless of what people would say, you would not mind them, rather you would assume you know the best for you. As stated in the body of this article, it is all about the MamaCredit loan app. Have you heard of that loan company before? Mama Credit is one of the top brands in Nigeria. As stated in the opening sentence of this article many consider the interest and repayment plan of any Fintech Platform before applying for a loan. Talking about MamaCredit, both the interest rate and the repayment schedule plan are very considerate, especially considering the terms of payment. This article extensively analyzes the interest and repayment plan of Mama Credit Loan App: Mama Credit Loan App Apk Download, Customer Care Details.

How Does MamaCredit Loan App Work?

Mama Credit is a mobile platform that offers loans to customers without collateral. The process of borrowing funds through this medium is very easy. This app uses data on your mobile device such as data information to verify your identity and provide you with a loan amount.

Mama credit is available to people in Nigeria. However, if you do not reside in Nigeria you are not qualified for the loan.

However, it is worth noting that MamaCredit is a reputable loan in Nigeria. You can borrow cash at any time, and the loan will be provided to you immediately.

How much can you borrow from the Mamacredit Loan Application?

Mamacredit loan amount may vary and depends on the borrower’s creditworthiness of the user. The loan amount you can get from Mamacredit ranges between N5,000 and it’s N200,000 at maximum.

Mamacredit loan repayment

Mamacredit claims to have a flexible repayment plan which is between 61 to one year. It is pertinent to note that this long period may not be applied to lower loan amounts.

How to borrow from Mama Credit Loan App

This subheading will show you the steps on how to borrow from the Mama Credit Loan App.

Borrowing on MamaCredit is a simple process to follow. Do well to follow the procedure below to register on the platform:

Step 1: Install the MamaCredit loan app.

Step 2: Register using your active phone number or email address account.

Step 3: Register and complete your profile to enable loan applications.

Step 4: Request a loan amount, and once approved, the money will be credited to your bank account.

READ ALSO: Apply For LairaPlus Loan: LairaPlus Loan App APK Download, Customer Care Phone And WhatsApp Number, Office Address

MamaCredit loan requirements & eligibility

To be eligible for a MamaCredit loan, the following criteria must be met:

The borrower must be a resident of the Federal Republic of Nigeria.

Borrowers must be between 20 to 55 years of age.

BVN (Bank Verification Number) information must be provided.

Commercial Bank account.

Mamacredit loan interest rate

The interest rate for MamaCredit loans varies depending on the customer’s risk profile and the loan period.

The interest rate ranges from 12% to 25% per annum, while the service charge remains at 0%. However, just like my loan app, it is pertinent that you review their terms and conditions before applying for the loan. Mama Credit offers flexible interest rates for their clients all over the country. This makes for a great option for those dealing with money and money equivalent. Mama Credit does well to charge a minor processing charge for each loan, which depends on the loan and other pertinent factors. Most times, it is usually a flat rate. You are encouraged to review all policies before obtaining the loan.

Mama Credit Loan App Repayment Process

After your loan application has been approved and disbursed, you will have to repay the loan within the stipulated time. Mama Credit Loan App has a very competitive repayment cash that ranges from one week to one year, this is heavily depending on the type of loan amount. To repay the loan, follow these step-by-step procedures:

Step 1: Click on the repayment section of the Mama Credit Loan Application.

Step 2: Select the payment method that is suitable for you, either through mobile money or bank transfer.

Step 3: Input the cash amount you wish to repay and follow the instructions to complete the repayment process.

Step 4: You will do well to receive a confirmation message once the repayment is very successful.

Do well to note that failure to repay the loan on time may result in penalties or extra fees.

Mama Credit Loan App Customer Care Details

These are the information of Mama credit customer care details. This should be done in case you have any questions or inquiries relating to their loan offering or any of their other services.

Email address Customer Care:

Office address: H3, Ajorosun Street, Odo Ona, Moniya, Ibadan.

Mobile number: +234816 630 1112.


How legit is Mama credit loan app?

Mama Credit is a reputable loan platform. Although, they are not duly registered by the Apex Bank in Nigeria. It is also true that they have not been registered by any government agencies in the country. However, it is said that they have a good rating on the Google Play Store application.

Is Mama Credit a loan app?

MamaCredit is a loan app. It provides a quick and easy loan to Nigerians all over the country. The application is available to Nigerians through the PlayStore app.

How do I contact MamaCredit?

If you need to make any inquiries regarding any challenge on the app, do well to contact them using the following Platform


Office Address: Number 4, Jolayemi Samuel Street Victoria Island Lagos.

Which loan app was banned in Nigeria?

On July 2023, the FCCPC blacklisted two loan applications. These were Getloan and Camelloan, from the Google Play Store for harassing Nigerians.

Can I borrow the loan amount from PalmPay?

Of course. PalmPay offers a loan service that allows clients to borrow money without problem through their platform. Just like any other loan app, you will need to install the PalmPay application, sign up for an account, provide your details submit a loan request. The approval process and loan terms will depend on your creditworthiness on the app.


Have you read the above article titled: How to borrow from Mama Credit Loan App: Mama Credit Loan App Apk Download, Customer Care Details? Regardless of the number of customers using the app, the Mama credit loan app helps both organizations and individuals obtain loan facilities from their platform. Today, when we talk about the details of the most important feature of the app it is user-friendliness. The app is easy to use and can be downloaded on the Google Play Store app. Many times customers prefer the Mama credit loan app because of its service.

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