Complete our 100% online application and submit with the
necessary documentation, this should take only a few minutes.
Our team reviews the information provided and revert with a
decision within 24 hours. If approved, you will receive funds
directly into your preferred bank account within a few minutes
of loan approval.
How much can I borrow on Lendico?
For your first loan request, you can borrow as much as
N25,000. Your loan eligibility increases as we get to know you
better.
How do I apply for a loan on Lendico?
Applying for a loan is a very simple process on Lendico. Once
you are logged into the App, navigate to the Loan section and
fill in your personal and employment details for a loan
request.
What do I need to apply for a loan on Lendico?
We keep to our words, no collateral. All you need to make a
loan request on Lendico are just:
- Your personal details.
- Your employment details.
- A functional bank account.
- A functional debit card (Mastercard / Visa).
- Valid Identification documents.
You can repay your loan either manually or via the auto-debit
service.
How does auto-debit work?
The auto-debit service makes loan repayment seamless. The
service uses the debit card attached to your active loan to
initiate a loan repayment for you. Auto-debit helps you stay
true to your words and increase your credit score.
What cards can I auto-debit?
Lendico supports MasterCard and Visa cards for auto-debit as
long as there are sufficient funds in the account, you don’t
need to worry.
Can I repay my loan before the due date?
Sure! You can pay as soon as you can afford to repay, it
doesn’t matter if the loan is not due yet.