Ivy Credit App Review 2025 – APK Download, Customer Care Number
If you’ve been searching for a quick online loan app in Nigeria, you’ve probably come across Ivy Credit — a financial app that promises fast, secure, and convenient access to cash. Marketed as a trusted partner for urgent financial needs, Ivy Credit claims to offer instant approval, transparent processes, and flexible repayment options.
But what’s the real user experience like? Let’s find out.
What Is Ivy Credit App?
Ivy Credit is a digital lending platform by Ivy Cred Limited designed to help Nigerians access instant personal loans directly from their smartphones. The app caters to both individuals and small business owners in need of short-term financial assistance.
With loan limits from ₦5,000 to ₦300,000 and flexible repayment terms between 91 and 365 days, Ivy Credit aims to make borrowing easy and fast — no paperwork, no collateral, no stress.
Loan Terms and Example Calculation
Here’s how Ivy Credit’s loan offers are structured:
- Loan Amount: ₦5,000 – ₦300,000
- Repayment Period: 91 – 365 days
- Annual Percentage Rate (APR): 10% – 36%
Example:
If you borrow ₦100,000 for one year at 20% APR:
- Interest = ₦100,000 × 20% = ₦20,000
- Total Repayment = ₦120,000
The app emphasizes transparency — in theory. However, several users have claimed that hidden charges and high service deductions occur after disbursement, which contradicts its promise of “no hidden fees.”
User Experience: Mixed Reactions from Nigerian Borrowers
Positive Reviews
Some users appreciate Ivy Credit’s fast application process and simple interface.
“Easy to navigate, fast and reliable. Disbursement was quick, but the credit limit is small.” — Abu A., Sept 2025
These experiences highlight that when the system works, it works well — especially for those looking for small emergency loans.
Negative Experiences
Unfortunately, the majority of user feedback paints a different picture.
Borrowers report high service charges, unexplained deductions, and non-functional customer support.
“They displayed ₦30,000 with ₦1,100 interest, but I got ₦19,000 after hidden charges. Total scam!” — Bukky A., Sept 2025
Others complain about failed repayment updates, frozen apps, and poor customer response, calling Ivy Credit “fraudulent and deceptive.”
Customer Support and Contact Information
If you encounter issues, you can reach Ivy Credit through the following official channels:
- Email: [email protected]
- Phone Number: 0813 233 4544
- Website: https://ivycred.vip
However, multiple users report unanswered calls and no email responses, suggesting the company needs to improve its support efficiency.
How to Download Ivy Credit APK and App
You can download Ivy Credit App directly from the Google Play Store:
- App Name: Ivy Credit – Reliable Loan Partner
- Size: 21 MB
- Version: 1.5.4
- Updated: September 19, 2025
- Developer: Ivy Cred Limited
Avoid downloading APK versions from third-party sites unless they are verified and secure. For safety, always use the official Play Store link.
Eligibility and Application Process
To apply for a loan on Ivy Credit, you must:
- Be a Nigerian resident aged 18–55.
- Have a valid BVN and an active bank or mobile money account.
- Download and install the Ivy Credit App.
- Register, fill out your details, and submit your application.
Funds are supposed to be sent to your bank account once approved — but as many users note, approval and disbursement times can vary significantly.
Data Protection and Policy
According to Ivy Credit, user data is protected using advanced security protocols. The app also has a published privacy policy available at:
https://ivycred.vip/html/privacy.html
However, because of negative customer experiences, transparency and compliance with Nigeria’s data privacy standards remain an open question for some borrowers.
Final Verdict: Is Ivy Credit App Legit or Scam?
Pros:
- Simple app interface
- Fast registration and loan application
- 24/7 availability
Cons:
- Hidden charges after approval
- Poor customer care response
- High and inconsistent interest deductions
- Some users report app malfunctions
Overall Rating: ⭐⭐ (2/5)
While Ivy Credit is an active loan platform on Google Play with over 100,000 downloads, its reputation among users is largely negative. Borrowers should proceed with caution, read terms carefully, and verify all fees before accepting a loan offer.
