Buy Now, Pay Overtime 1000+ merchants.pay your bills.shop best brands.transfer money.eat your fav meal.earn reward points.free physical card.free virtual card.fast line of credit.
get up to ₦200,000 in credit limit and pay back as low as ₦17 daily as interest. also get rewarded for using your credit and paying back promptly
we exist to help you thrive
Lucred provides unlimited cash back and reward points with no restrictions for shopping and repaying your credit. Credit has never been so rewarding!
Payments
Cards
Shopping
Wallet
Discounts
Support
Built to make credit seamlessly accessible
in 3 minutes and with few taps, you get access to a line of credit that you can spend at over 1000 merchants and pay us back as long as you want 🙂
we use the APR model to calculate your interest and allow you pick any payment due date that works for you,
best part is you get rewarded for all of these actions
How it Works
our application process is very fast and seamless. our approach to this is to make getting credit easy as logging into your bank mobile app
Lucred is a digital credit platform that gives you a line of credit with low interest rate that you can spend at over 1000 merchants and still get rewarded
Get answers to common questions about Lucred
What is Lucred?
Lucred is a digital credit platform that makes purchases affordable by offering you a shopping credit line that you can spend now and pay overtime. We exist to help you thrive by allowing buy the essential things you need!
Who can apply?
Lucred was made for everybody! We offer Credits to business owners, salary earners, students and many more.
What do i need to apply?
All you need to apply is your phone number, BVN, and banking credentials and you get approved in 2 minutes. As a fintech company, we ensure that all your information is stored securely with bank-grade security and that sensitive information is encrypted and governed strictly by our privacy policy.
What is the interest rate?
The interest rate is 3.0% monthly which arrives at 36% APR. We only accrue interest daily, so if you take a ₦100,000 credit today and pay back in 3 days you would be paying ₦99*3 days as interest on the principal. Click here for more explanation
How much Credit can I get?
The minimum credit limit amount Lucred gives is ₦25,000 and the maximum loan limit is ₦200,000.
Kindly note that this limit is subject to periodic review.
Have more question?
We are here to answer any questions you have; send us an email to hello@lucred.co or reach us on any of our social platforms.