Lucky Loan is a mobile lending app that offers short-term loans to individuals in Nigeria. The company was founded in 2016 and is headquartered in Lagos, Nigeria.
Lucky Loan offers loans of up to ₦500,000 with repayment terms of 3 to 6 months. The interest rate on loans is 25% per annum. To qualify for a loan, borrowers must be Nigerian citizens, and have a valid ID card, and a bank account.
The application process for a Lucky Loan is quick and easy. Borrowers can apply for a loan through the company’s website or mobile app. Once the application is submitted, it is reviewed by the company’s lending team. If the application is approved, the funds are disbursed to the borrower’s bank account within 24 hours.
Lucky Loan is a reliable and reputable lending platform that offers competitive interest rates and quick turnaround times. The company has a good reputation for customer service and is committed to providing its customers with a positive lending experience.
Lucky Loan Review
Lucky Loan can lend you up to ₦500,000. You can take your time to pay it back, from 3 to 6 months. That gives you the flexibility to manage your payments comfortably.
The interest rate on loans from Lucky Loan is only 25% a year. That’s much lower than what many other places charge. So, you’re not paying a lot extra to borrow the money you need.
Here are some of the features of Lucky Loan:
- Quick and easy application process: Borrowers can apply for a loan through the company’s website or mobile app. The application process is quick and easy, and borrowers can usually get approved within 24 hours.
- Competitive interest rates: Lucky Loan offers competitive interest rates on its loans. The interest rate on loans is 25% per annum, which is lower than the interest rates offered by many other lending platforms in Nigeria.
- Quick turnaround times: Lucky Loan offers quick turnaround times on its loans. Once a borrower is approved for a loan, the funds will be disbursed to their bank account within 24 hours.
- Good customer service: Lucky Loan has a good reputation for customer service. The company’s customer care team is available 24/7 to answer questions and help borrowers with their loans.
- Reputable lending platform: Lucky Loan is a reputable lending platform that has been in operation for over 5 years. The company is backed by a strong financial institution, and it has a good reputation for providing its customers with a positive lending experience.
Overall, Lucky Loan is a reliable and reputable lending platform that offers competitive interest rates and quick turnaround times. The company has a good reputation for customer service and is committed to providing its customers with a positive lending experience.
How To Apply For Lucky Loan
Applying for a Lucky Loan is as easy as a breeze. If you’re ready to take that step towards financial flexibility, follow these straightforward steps to apply for your Lucky Loan:
- Visit the Lucky Loan Website or App: Open up your internet browser or launch the Lucky Loan app on your device.
- Create an Account (If Needed): If you’re new to Lucky Loan, you might need to create an account. This usually involves providing your basic information and setting up a password.
- Navigate to the Loan Section: Look for the section that talks about loans. It could be labeled “Apply for Loan” or something similar.
- Complete the Application: Fill in the required details in the application form. You’ll likely need to provide personal information like your name, contact details, and more.
- Upload Necessary Documents: Sometimes, Lucky Loan may ask you to provide documents like a valid ID card or proof of income. Take a photo or scan these documents and upload them as instructed.
- Choose Your Loan Amount: Select the amount of money you want to borrow. Remember, only borrow what you truly need and can comfortably repay.
- Review and Submit: Carefully go through the information you’ve provided. Make sure everything is accurate. Once you’re satisfied, hit the submit button.
- Await Approval: Now, it’s time to sit back and relax. Lucky Loan will review your application. This usually doesn’t take too long.
- Receive Confirmation: You’ll receive a notification or message from Lucky Loan letting you know if your application was approved or not.
- Get Your Money: If your application is approved, Lucky Loan will send the money directly to your bank account. This usually happens within 24 hours.
Remember, applying for a Lucky Loan is all about being responsible and making sure you can comfortably repay what you borrow.
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Lucky Loan Customer Care Number
The Lucky Loan Customer Care Number is ((505) 863-5825). If you have any questions, or concerns, or need assistance regarding your loan application or any other Lucky Loan-related matters, feel free to reach out to their customer care team at this number. They’re there to help you and provide the support you need.
Lucky Loan APK Download
There are two ways to get the mobile app for this platform, either by downloading it from your app store, either for Android or for IOS users. Alternatively, you can download the APK version, by searching for it on search engines, with any of your browsers.
FAQS
What is the phone number for Lucky Loans?
The phone number for Lucky Loans is +234(0)818-250-2247. You can call this number to ask questions, get support, or provide feedback. The customer care team is available 24/7 to help you with your needs.
Is Lucky loan app legit?
Yes, Lucky loan app is legit. It is a registered lending platform in Nigeria and is regulated by the Central Bank of Nigeria. The company has a good reputation for providing its customers with a positive lending experience.
What are the fake loan apps in Nigeria?
There are many fake loan apps in Nigeria. These apps are often scams that prey on people who are in need of money. They may ask for personal information such as your ID card number, bank account number, and BVN. They may also threaten to block your BVN or report you to the police if you do not repay the loan.
Some of the most common fake loan apps in Nigeria include:
- Cash Advance loan
- Loan Saga etc
If you are considering applying for a loan from an app, it is important to do your research first. Make sure the app is legitimate and regulated by the Central Bank of Nigeria. You can also check the app with the Nigeria Deposit Insurance Corporation (NDIC) to see if it is registered.
Can loan apps contact your contacts?
Yes, loan apps can contact your contacts. This is because they need to verify your identity and employment status. They may also need to contact your contacts in case you default on your loan.
However, loan apps should not contact your contacts without your permission. If you receive a call from a loan app that you did not apply for, it is likely a scam.
Can a loan app block my BVN?
No, a loan app cannot block your BVN. Your BVN is a unique identifier that is used to verify your identity. It is owned by the Central Bank of Nigeria and cannot be blocked by any individual or company.
However, a loan app can report you to the Central Bank of Nigeria if you default on your loan. This can damage your credit score and make it difficult to get a loan in the future.
Conclusion
With more than 5 years in the game, Lucky Loan is a trusted player. They’re backed by a strong money team, which means you can trust them to take good care of you.
Remember, Lucky Loan is more than just numbers – it’s about helping you reach your goals and making your financial journey smoother. Whether it’s dealing with urgent needs or grabbing opportunities, Lucky Loan is here to make it happen. So, go ahead, embrace your financial future with Lucky Loan by your side.
