Finance

Xcollect Loan, How To Apply, App Download And More

 

Loan platforms in Nigeria are doing a great job trying to satisfy their customers. In this regard, they have adopted many means in carrying out this task. For the user, the Xcollect app has satisfied many of their financial desires. Also, the Xcollect loan app is very important and has a lot of features. In this blog post, we will be looking at the Xcollect Loan, How to Apply, App Download, and More

Xcollect loan is a platform that is very functional when it comes to financial technology. This is a platform controlled by Lantrics Integrated Service Limited. This app is a loan app where you can get credit facilities easily. You can get a loan in a fast, quick, and convenient way.

The beautiful part of this feature is that users can not only obtain loans from this platform but can fund bills online. You can subscribe to cable TV, PHCN electricity bills, and others. You can also pay for airtime too.

Xcollect Loan Interest Rate

The interest rate of the collection is very nice. It has a convenient interest rate for its clients. This section discusses the interest rate of collect.

Interest Rate of Xcollect: It ranges from 2.76% to 9.33%. This interest rate is every month.

Maximum Annual Percentage Rate: 35.7%

The amazing part about this platform is that they do not collect additional fees when it comes to late payment of loan amounts. It is also important to note that whenever you are taking a loan from Xcollect, you are required to evaluate the interest you are going to pay monthly.

How to apply for an Xcollect loan

1. Set up the Xcollect Loan

This is a critical step since you must install the Xcollect loan app on your phone. The phone you are using must be compatible with the app. You must have a consistent data connection. You must be able to read reviews to understand what Xcollect loan is all about.

 2. Sign up for an Account

The next step is to register an account with Xcollect Loan. If you are a new client, you can open a new account with Xcollect Loan. When you create an account, Xcollect Loan will ask you things such as your name, surname, address, and so on.

3. Save the document

The following step is to submit your papers, such as your NID and passport. This stage is critical since you must identify yourself as a legal citizen of a nation. Other questions may be asked of you, as well.

4. Send the request

The following step is to submit your form. You can only submit this form if you have correctly filled out all of the fields. Make sure you answer these questions truthfully. Following that, you must wait for approval.

Is Xcollect legit?

Xcollect loan is a platform that is very functional when it comes to financial technology. This is a platform controlled by Lantrics Integrated Service Limited. This app is a loan app where you can get credit facilities easily. You can get a loan in a fast, quick, and convenient way.

READ THIS: How To Set SMS Alert On Opay

The beautiful part of this feature is that users can not only obtain loans from this platform but can fund bills online. You can subscribe to cable TV, PHCN electricity bills, and others. You can also pay for airtime too.

You can also do well to conduct steady research. This research must be done by you. Additionally, you can easily check the reviews and drawbacks of the app on Playstore. These reviews were written by users of the app. Read it and draw your conclusions.

Xcollect customer care

You can contact Xcollect customer care in many ways. As stated earlier, they are a legitimate platform. With the customer care feature, you can lay your complaints, grievances, and concerns to these. Once they get your feedback, they will work on it immediately. Here are the customer care details.

Email: xcollect@lantronicsgroup.com

Whatsapp and SMS message: 09058586612

Address: Block 23 Seaside Estate, Ajah, Lagos State.

FAQ

How do I download the new credit mobile app?

Step 1: Install the app Search “Newcredit” from the Google Play Store and download it.

Step 2: Register Sign up with your phone number(linked to your BVN), and finish some information in 2 minutes.

What is the repayment plan for Xcollect?

For now, there is no information regarding the repayment plan.

What is the interest rate of Xcollect?

The interest rate of xcollect is very nice. It has a convenient interest rate for its clients. This section discusses the interest rate of xcollect.

Interest Rate of Xcollect: It ranges from 2.76% to 9.33%.

How does Xcollect work?

Xcollect loan is a platform that is very functional when it comes to financial technology. This is a platform controlled by Lantrics Integrated Service Limited. This app is a loan app where you can get credit facilities easily

What is the Xcollect WhatsApp number?

The Whatsapp number of Xcollect is as follows: 09058586612

Conclusion

If you face any trouble trying to contact Xcollect customer care do well to note that they respond to emails faster than phone calls. The Xcollect platform is a very reliable platform for people above 18 years of age. However, the platform allows people to access the loan amount of their choice. Keep this article titled: Xcollect Loan, How to Apply, App Download, and More in a safe place.

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