Paperwork and red tape can be a huge hassle. In addition to paperwork, the process can be slow, inefficient and frustrating.
With Credxter, you can avoid the paperwork, the wait and the hassle.
Credxter is an online app that helps you get a loan or buy now and pay later with a hire purchase. It has a straightforward interface that makes it easy to apply and manage.
Credxter is a loan and hire purchase application that helps you find the best loan and hire purchase deals on your favourite online shops.
It provides steps on how to apply, who to speak to when applying and how to repay the loan.
This blog discusses the application process and repayment process. Without further ado, let’s get started!
Credxter Interest Rate
To begin with, is necessary you know the interest rate of a lender before you proceed with your loan application process.
Credxter have a maximum Annual Percentage Rate (APR) of 27% and it’s based on an interest rate of 2.25% per month.
Below is an example;
Loan amount: 50,000
Tenure: 72 months
Interest Rate: 27% per annum – 2.25% per month
Total Interest: 81,000
EMI: 1,819.44 (total monthly instal.)
Credxter Loan Amount
Credxter loan can give a loan amount of up to Gh¢50,000.
Credxter Loan Tenure
The minimum term for Credxter loan is 90days which is three months and maximum is 72months (6Years).
Who is Eligible for Credxter Loan and Hire Purchase in Ghana?
Credxter Loan eligibility includes the following:
- Individual with contractual capacity, minimum age of 18years
- Final repayment deduction must be at least 12months prior to applicant’s 60th birthday
- Permanently employed Government or Private employee where a formal deduction agreement is in place, and a minimum employment period of 12months
Credxter Loan Terms
This Loan offered by Credxter terms are:
- All term loans are unsecured
- The minimum loan amount is GHC 100 and the maximum loan amount is GHC 100,000.00
- The minimum term loan is 3months (90days) and the maximum term is 72months(6Years)
Requirements Of Credxter Loan
Cedxter require loan applicants to have the following requirements before they can apply for a loan with them;
- Loan Forms
- Mandate Form (printable by customer/forward soft copy)
- Direct Debit Authorization Form
- 1 Most Recent Passport Sized Photograph
- Identity Card (Ghana Card)
- Bank Document- (voided cheque, 1-3months bank statement) – should be salary account
- 1 Most Current Pay Slip
How to Apply for Credxter Loan?
After the app is successfully installed, launch it and create an account with them by providing basic information about you.
- First Name (e.g Frank)
- Last Name (e.g Nyarko)
- Username (e.g Nyarkowiz)
- Password (Choose a strong password you will remember)
- Email address (e.g email@example.com)
- Phone Number (e.g 0545880***)
On the homepage of the Cedxter Loan App, you should see REQUEST LOAN, kindly click on that.
Fill out the online form and submit your loan request;
- Desired amount
- Monthly Installment Period
- Name of your employee
- Staff Number
- Special Identify Number
Now accept all their Loan terms and Click continue…Follow the prompt to finish with your loan application.
How to Buy Now and Pay Later with Cedxter?
As stated in the title of the article, Cedxter gives unsecured loans and provide hire purchase as well.
To benefit from this offer, please locate the product(s) and add to Cart, after you should click on Pay Monthly to buy items on Cedxter on hire purchase.
Below is some of the interest rate of Cedxter Hire purchase offer;
If you find any difficulties using this app, you can contact Cedxter Team for further assistance. Their team is always on standby to help solve any issue you would encounter.
How To Contact Credxter Loan?
You reach Credxter Loan team via the following mediums:-
Phones: 0504030875 | 0504030876
Cedxter Official Website: https://credxter.com
Cedxter Social Media Handles
We hope you enjoyed our blog post on credxter. It is a fantastic service that can help you get a loan or purchase something now and pay later.
Credxter makes it easy to get a loan or purchase something on credit.
We hope this article has helped you in some way and you’ll consider using credxter next time you need something.
Thank you for reading, we would love to hear from you, share your thoughts with us in the comments section below.