9credit Loan App Review – How To Apply For 9credit Loan?

9credit loan app is one of the Nigeria loan apps that allow individuals to apply for a loan online by just using their mobile phone. There is no need for collateral, paperwork, or physical appearance of any kind.

In our previous guide I have revealed in detail everything you need to know about the KiaKia loan app and today I will give you everything you need to know about the 9credit loan app, how it works, the interest rate, how to apply for 9credit loan, how to repay 9credit loan and everything you need to know about the app

What is the 9credit loan app?

9Credit is a Nigerian personal loan platform based on digital mobile devices. Loan app provides unsecured online loan services to meet customers’ financial needs for various requirements from cell phone purchase, medical needs, bill paying, etc.

The loans offered on this platform are for personal, short-term use, usually starting in 8 days for new borrowers.

9credit has been on the Play Store for a while, with over 1 million downloads and mixed user reviews. The app uses AI to collect information from potential customers, including phone records, bank transaction alerts, and BVN to create each borrower’s credit score.

To qualify for a loan or higher, make sure you keep good banknotes on your phone and don’t have any outstanding debts with other loan apps!

How to download and apply for a 9credit loan app?

  • Download the 9Credit loan app available exclusively on Google Playstore and install it on your Android phone.
  • Register an account with your phone number.
  • Fill out basic information, including your home address, next of kin, and employment details
  • You will also be asked to provide your BVN biometric verification number.
  • Link your ATM card to your account to increase your chances of a higher loan amount.
  • A one-time OTP password will be sent to your phone to confirm your details.
  • After submitting your loan application, the algorithm will analyze your credit score and display the final result in the APP.
  • Upon approval, the loan amount will be deposited directly into the bank account.
  • The loan payout on 9Credit is automatic, so the whole process takes less than 5 minutes.
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What are the 9credit loan requirements?

  • Be a Nigerian Citizen or Legal Resident.
  • Be between 22 years old.
  • Have a source of monthly income.
  • Link your ATM card to your account
  • Provide the details of two of your next of kin, including their phone numbers.
  • Have a good credit score with no outstanding loans from other lenders.
  • Have an active Nigerian bank account.

What Is 9credit Loan App Interest Rate?

In this section, I will give you detailed information about the 9credit loan interest rate so that you know what you are going to apply for and the interest rate that you can expect on each of your loan applications.

However, the calculation included in this section is a base and standard interest rate of 9 credits. You should try to check the interest rate applied when you are about to confirm your loan application, as the interest rate can vary depending on the amount you want to borrow and the term of the loan.

Breakdown of the 9credit loan offer and interest rate:

  • Loan amount: from NGN 3,000 to NGN 100,000;
  • Loan term: from 62 to 120 days;
  • Interest rate: 0.07% per day (25.55% per year);
  • Processing Fee: Ranges from NGN 90 ~ NGN 2,000 for a one-time fee, which depends on the loan amount and application details;
  • GST: 18% processing fee per policy and laws;
  • APR: up to 74.2% (annual rate including interest, processing fees, and VAT);


  • For a 62 day loan of NGN 10,000 for 2 months with an interest of 25.55% per annum,
  • Interest = NGN 10,000 * 25.55% / 365 * 62 = NGN 434
  • Processing Fee = NGN620
  • GST = NGN620 * 18% = NGN111
  • Total Amount to Pay = Loan Amount + Interest + Processing Fees + GST ​​= NGN 10,000 + NGN 434 + NGN 620 + NGN 111.6 = NGN 11,165.
  • APR = (NGN 11165.6 – NGN 10,000) / NGN 10,000 / 62 * 365 = 68.62%
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This 9credit loan interest rate and term are just an example, expect that the amount and term of your loan will be significantly shorter when you borrow for the first time. You can increase your value by keeping good records and paying off loans on time.

Is 9Credit Loan App Legit or Scam?

Yes, the 9Credit Loan app is legit and provides loans to customers, but at extremely high-interest rates, especially for new borrowers. Before applying for a loan, read reviews from other customers in the Play Store.

You should know that these loan applications are not registered or regulated by CBN or any government agency in Nigeria. You are responsible for the security of your transactions with them and there is no recourse for poor customer service.

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In addition, its availability in the Google Play Store does not make transactions conducted there secure. Play Store offers only one way to download, you are responsible for your safety when using loan apps in Nigeria.

Safety measure

The loan application process is safe and secure. 9Credit promises to never share customer information with anyone without permission.

9credit Loan Registration – How To Register For 9credit Loan App

To register for the 9credit loan app, just download the app from the download section of this guide and install it on your mobile.

Open the app and click on the Continue button, it will ask for access permissions, click on Allow all to proceed to the registration page. You will see the Get quota button, click on it and the next page you will see where to enter your phone number.

An OTP will be sent to the phone number provided, enter the OTP in the box provided and click the Get Verification Code button. You will be redirected to your dashboard and can continue to register information.

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How To Apply For 9credit Loan?

After completing your registration and providing your basic information to the application, select the product you want to order, fill in the content and log in.

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After submission, you may receive a verification call. The result of the application is shown in the APP and you will receive a text message whether it has been approved.

When your loan application is approved, you will be asked to give your approval for the loan application, upon approval, consent for the loan agreement and upon confirmation of the loan agreement, the approved loan amount will be paid into the account and SMS notification will be sent.

What happens if I do not pay my loan or pay it too late?

Late payments on loans will automatically be charged 2% per day. It is therefore recommended not to exceed the best before date. Paying back the loan on the due date will give you access to larger loans. Late payments affect your ability to obtain later or larger loans. If you are late with your payments, you will be notified at the First Central Credit Bureau. The First Central Credit Bureau blacklist may affect your ability to borrow from other lenders.

Which 9Credit Loan App Can Improve?

The 9Credit app is relatively easy to use with fewer bugs compared to other loan apps in Nigeria, the loan application process is simple.

However, the interest charged on this app is a bit high. First-time borrowers usually get N4000 to pay N6000 within 8 days.

The customer service experience on the 9Credit app is also terrible, the customer service representatives of this app will call you to embarrass you and also send embarrassing messages to your contacts if you are unable to pay your loan.

9Credit denies responsibility for these embarrassing phone calls, saying that loan recovery has been outsourced to another company. In any case, make sure that you repay your loan and be careful when taking out a loan with this lender.

9Credit loan App customer service number

  • 09139366974
  • Email: Customer@9credit.co
  • Address: lawal street, oregun, ikeja, Nigeria;


9credit loan app makes it easy for all Nigerians to apply for a loan without any collateral, paperwork, or physical appearance of any means. With the detailed information in this guide, I am sure that you can access all the products and services of the app without any problem.