| Interest Rate | 35% |
| Duration | From 14 days |
| Access Level | Public |
| Company Name | L Credit |
| Phone 1 | 09064360912 |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Dangerous Loan |
| Company Email | |
| Views | 547 |
LCredit is a digital loan app designed to provide personal loans online, offering individuals quick and easy access to funds. With a streamlined loan application and rapid approval process, LCredit is the go-to solution for those seeking fast loans without the hassle of traditional procedures.
ABOUT US
Founded with the vision of making loan access seamless, LCredit focuses on offering convenient, user-friendly services. With a commitment to top-tier customer service and a platform that’s easy to navigate, LCredit has become a trusted choice for Nigerians in need of instant loans.
COMPANY SERVICES
LCredit provides a range of loan services, including personal loans that can be used for various purposes. With flexible repayment terms and competitive interest rates, our loan offerings are designed to suit a wide range of financial needs.
OUR MISSION
At LCredit, our mission is to deliver quick, easy, and reliable access to personal loans. We aim to be the trusted source for instant loans in Nigeria, providing excellent customer service through a secure and user-friendly platform.
OUR VISION
We strive to become Nigeria’s leading provider of instant loans, offering exceptional customer experiences and innovative financial solutions to meet the ever-growing demand for quick, accessible financing.
OUR CORE VALUES
- Customer Satisfaction: We are dedicated to ensuring a seamless experience by providing excellent service and responsive support.
- Security: We prioritize the safety of our users' personal and financial information by adhering to industry-standard security measures.
- Transparency: Our loan terms are clear, and we ensure that customers understand their financial commitments from the outset.
Excellent Customer Service
We believe in treating every customer with the utmost respect. Our customer service team is trained to assist with any questions or concerns, providing prompt and professional support to ensure a smooth experience.
Cooperative Partnership
At LCredit, we believe in collaboration. Through partnerships with various financial institutions, we offer competitive interest rates and flexible repayment terms to meet our customers' financial goals.
Ease of Use
Our app is designed for simplicity. Whether you're applying for a loan or managing your account, the process is quick, intuitive, and hassle-free.
Security
Your security is our top priority. LCredit utilizes advanced security technologies to protect your personal and financial data, ensuring a safe online experience.
Instant Loans
With LCredit, you can apply for and receive a loan within minutes. Once approved, the funds are transferred directly to your bank account, giving you the financial flexibility to address your needs immediately.
WHAT WE OFFER
We offer a variety of personal loan options, with amounts of up to ₦50,000. Our loans come with competitive interest rates and flexible repayment plans, allowing you to access funds easily and repay at your convenience.
APPLY NOW
Need a loan? Don’t wait! Apply for an instant personal loan with LCredit today. Our quick and simple application process ensures you can receive approval and access your funds in just a few minutes.
CONTACT US
For inquiries or support, our customer service team is ready to assist you. Reach out to us via email at support@lcredit.ng or call 09087614169
Expert Counsel
Allow me to shed some light on LCredit and what you need to know to safeguard your financial well-being.
To begin with, LCredit has a rather aggressive approach when it comes to debt collection. They won't hesitate to bombard every single one of your contacts with automated calls, making sure everyone knows about your outstanding debt. And if that's not enough, they'll also flood your WhatsApp with derogatory messages if you're just one day overdue. It's not a pleasant experience, to say the least.
Now, let's talk about their repayment plans. LCredit typically offers repayment periods ranging from 6 days to 14 days, which can be quite challenging to meet. And to make matters worse, their overdue interest rates can soar as high as 5% to 7% per day, pushing you further into the abyss of debt.
Here's a crucial piece of advice: once LCredit starts defaming you, don't even think about paying them back. They've already gotten what they wanted, and paying them won't make the derogatory messages disappear. Plus, since they're not licensed, they don't have much legal recourse besides tarnishing your reputation.
Whatever you do, resist the temptation to borrow from another loan app to repay LCredit. They have a plethora of apps scattered across mobile app stores, so if you think you're escaping one debt by borrowing from another, think again. You'll only find yourself sinking deeper into financial trouble.
To shield yourself from LCredit's relentless harassment, consider installing Truecaller on your mobile phone. This handy app can help you identify and block their calls, giving you some much-needed peace of mind.
Ultimately, the best way to break free from LCredit's clutches is to stop borrowing altogether. It might not be easy, but it's the only way to avoid getting caught in their web of debt.
Take care, and remember that your financial well-being is worth more than any loan. Stay vigilant, make wise borrowing decisions, and don't let LCredit or any other loan shark drag you down.
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Reviews
LETTER FROM LCREDIT LAWYERS TO ME (L Credit)OPEN LETTER TO LCREDIT CLIENT
15th of July, 2024
BARR. PAUL DOUGLAS AND CO. CHAMBERS
47, AJOSE ADEOGUN STREET, UTAKO, ABUJA.
barristerpauldouglas01@gmail.com
AGREEMENT BREACH AND VIOLATION OF TERMS.
This is to rephrase our decision towards the agreement breach and Violations of terms. Based on the Terms signed by you through your Mobile phones, You are required to keep the following as part of your agreement:
i. You must have a regular paying job and have the financial capacity to pay the loan being applied
for.
ii. User is allowed to terminate this Agreement provided he pays the total amount due plus interest
as determined and agreed upon by the Parties.
iii. The User agrees, consents, and authorizes that LCREDIT may deduct the corresponding
charges, fees, interest and other related fees from the time the User’s loan has been approved
iv. When the User is late in settling what is owed and the User cannot be contacted, LCREDIT will
contact the emergency contact which was provided and a collection attempt may be made on the
said emergency contact.
v. If the User is late in payment, LCREDIT shall have the right to collect the payment by iissuing
notices in the User's account, seek assistance from a collection company or pursue legal recourse
by filing the corresponding Civil and Criminal action necessary against the erring User. Also
exemptions has been given if you for those who failed based on war or national emergency, civil
commutation, strike and labor disputes, or other causes beyond its control and this Agreement
shall be deemed suspended for the duration. The company on the other hand can escalate your default to any certified agency especially force majeure/escalation to Financial Crimes Authorities
e.g ICPC, EFCC... even NIS for a Travel Restriction, or NIBSS for account Restriction.
In view of all this Consensual Agreement which was Deliberately declined and Unadhered to by you.
Our Client has hereby Seek for immediate refund of their funds within the next 24 hours or
Pursue this legally. We understand that you might feel that your right has been Violated mmaybe due
to our clients reaching your Contact, But all were done based on your Consent.
We hope you do not take this lightly. Note: In case of suit arising out of or in connection with the interpretation or enforcement of any provision of this Agreement, we shall escalade for possible
Travel Restriction and charge clients to court which could see clients pay more under unfavorable conditions. Exclusive venue therefore shall be the High Court of Lagos State.
'Based on the dialogue that has already taken place, we found you guilty of illegally holding onto our
clients' money without a good reason. You should handle this situation with the immediacy and
seriousness it warrants.' '
Therefore, you are obligated by this legal warning to immediately refund our client. You have 24hours Ultimatum to
show up in our Chambers or reimburse our client, failURE to do so...., legal action
would be taken in accordance with Section 305A of the Nigeria Criminal Code Act.
DELE
- 7/15/2024
- LCREDIT - Notice of Delinquent Loan Payment (L Credit)
DEAR LCREDIT DEBTOR,
LCREDIT - Notice of Delinquent Loan Payment
I hope this email meets you well. It's been over many unforgiving days since your due date of repayment on your loan with LCREDIT. Despite our numerous attempts to contact you via phone and text messages, we are yet to receive any response from you.
Kindly be reminded that this loan has incurred daily interest, and needs to be settled as soon as possible(TODAY). Continued negligence to this notice without repayment will avail us to believe that you are refusing to return the loan you took.
Overdue users credit information will be duly reported according to regulations. Please repay on time to avoid incurring overdue charges and creating a bad credit record for yourself.
This will affect future transaction with CBN
CBN approved this loan before it was given to you
so i advice you do the needful now and avoid creating a bad record across the financial sector
YOU HAVE JUST 7HRS FROM NOW TO PAY BACK YOUR LOAN
We appreciate your attention to this matter and hope to hear from you soon.
Sincerely,
above is a sample of the threat I keep getting from LCredit
- 7/15/2024
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