Are you in need of quick and hassle-free loans in Nigeria? Look no further than Silkloan, a Nigerian loan app offering instant and unsecured loans ranging from ₦2000 to ₦100,000. Discover the details, application process, benefits, and what borrowers are saying about Silkloan in this comprehensive review.
Silkloan Loan App Details
- Loan Amount: ₦2000 – ₦100,000
- Loan Tenure: 30 days
- Interest Rate: 16% – 21% monthly interest
- Age Eligibility: 18 to 60 years
- Customer Care Number: 018889599
How to Download APK and Get a Loan
- Download the App: Exclusively available on the Google Playstore.
- Register an Account: Use your phone number connected to your BVN for verification.
- KYC Information: Fill in basic details, including address, next of kin, and employment.
- BVN Verification: Provide your Biometric Verification Number.
- ATM Card Binding: Pay N30 to increase chances of a higher loan amount.
- Loan Application Submission: The app analyzes your credit score in under two minutes.
- Identity Verification: Clear live selfie required.
- Credit Score Impact: BVN is linked to credit score, impacting approval.
Is Silkloan Legit or Scam?
Silkloan is legitimate, providing micro loans up to ₦300,000, but exercise caution due to high-interest rates and reported registration bugs. User reviews highlight potential challenges in the registration process. It’s crucial to read customer reviews before applying, as these loan apps lack regulation by the CBN or any government agency in Nigeria.
Features of Silkloan
- Fast and Easy Application: Apply in minutes from your smartphone.
- Flexible Repayment Terms: Choose terms up to 36 months.
- Low Interest Rates: Offers competitive rates.
- Secure and Reliable: State-of-the-art security measures protect personal information.
Benefits of Using Silkloan
- Quick Access to Cash: Get the money you need promptly.
- Flexible Repayment Terms: Tailor your repayment schedule.
- Low Interest Rates: Enjoy competitive rates.
- Convenient and Easy to Use: Manage everything from your smartphone.
What Borrowers Are Saying
- Wisdom Mathew: Describes it as a nice platform, giving it a 4-star rating.
- Yusuf Mistura: Praises outstanding customer service and ideal loan terms.
- Mercy Samson: Shares positive experiences with another loan app, emphasizing ease of access.
Silkloan Customer Care Information
If you have any feedback, questions, or concerns, reach out to Silkloan:
- Phone: 018889599
- Email: help@silkloan.net
- Address: 51 Apapa Warf road Expressway Lagos
In conclusion, Silkloan offers a convenient solution for those seeking quick loans in Nigeria. However, users should exercise caution due to reported issues and high-interest rates. Always prioritize reading customer reviews and consider alternative options before making financial decisions.
