Tik Credit is an innovative mobile application designed to provide a secure and efficient platform for online mobile phone loans.

How Tik Credit Works

To utilize the services provided by Tik Credit, follow the step-by-step process outlined below:

1. Download and Install the Tik Credit App Begin by downloading and installing the Tik Credit app on your mobile device.
2. Account Registration Register for an account within the Tik Credit app. Don’t forget to thoroughly review Tik Credit’s privacy policy.
3. Loan Amount Selection Choose from the range of loan amounts provided by Tik Credit.
4. Submit Required Information Fill out your personal details, work information, contact information, and bank card information, then submit your application.
5. Application Review and Confirmation After submission, you may receive a call for review and confirmation. The final application result will be displayed in the application, and if approved, an SMS notification will be sent.
6. Loan Receipt If your loan application is approved, the loan amount will be sent to your bank card.
7. Timely Repayment Tik Credit expects timely repayment of loans. However, it offers the flexibility of revolving borrowing if necessary.

Terms and Fees

Tik Credit offers loan amounts ranging from NGN10,000 to NGN100,000. The loan term can be anywhere from 100 days to 365 days. Impressively, the service fee is 0. The annual interest rate (APR) ranges from 15% to 30%. If a payment is overdue, a fine of 1% per day is applied.

For example, if you choose a 100-day term for a NGN10,000 loan with a 20% annual interest rate, and it’s 3 days past due, your interest will be NGN547.94. The overdue fee will be NGN300, making the total repayment NGN10,847.94.

Contact Information

For any inquiries or further information, you can reach Tik Credit at their email, rsselaroc@gmail.com, or their physical address, No 15 Bameke Street Shasha Akuwonjo Egbeda Lagos.