Before you borrow money from the 9Credit loan app, it is very important you read reviews about the app so that you see what customers have to say about them. It is advisable to go through loan app reviews before you borrow money from them, and 9credit is no different.
There are more than 300 lending apps in Nigeria, with all of them promising quick loans. Checking out reviews and what people are saying will help you to avoid scams.
This 9Credit loan review will help you to know how the app works, what users are saying, and whether it is CBN approved.
What is 9Credit loan app and What Do They Offer?
The 9Credit loan app is a Nigerian digital lending platform managed by OTP Internet Technology Limited. It was created to give people access to quick, short-term loans directly on their smartphones without the need for collateral or too much paperwork. The app has over one million downloads on Google Play and has become one of the popular options for Nigerians looking for urgent cash.
9Credit app claims that they give loans from ₦3,000 to ₦1,000,000, with repayment periods ranging from 91 to 120 days. The interest rate is about 0.07% per day (around 25.6% per year).
While 9Credit promotes itself as a legitimate lender, many users have complained about harsh debt recovery methods, unexpected charges, poor customer service, and delays in loan disbursement. Read more: 9Credit Loan: How to Apply, Interest Rate, Alternatives
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9Credit Loan App Reviews
What are customers saying about 9Credit? Let’s look at what 9Credit users are saying about the app. These reviews are from their real-life customers. Below are some important reviews from those that have used the 9Credit loan app.
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These review about the 9Credit loan app are mixed. Some borrowers praise the app for being fast and reliable, while others criticize it for high charges and poor customer service. It shows that the experience is not the same for everyone. Let’s look at both sides:
Positive Reviews:
Ruth Asuqou on 8/20/25 said: I want to commend this app for its frankness and straightforward dealings. No hidden charges and you get what you apply for, unlike those fraudulent ones out there. and their interest rates are fair.
Yunusa Yusuf on 8/27/25 said: The app is very easy to use and didn’t find any hidden charges. I recommend the app to Nigerians.
Alade Blessing on 9/25 said:This is a good loan app with low interest and flexible payments plan.
Noelsie wendy on 9/25 said:Lovely app. The interest rate is slightly on the high, but it’s better than most out here.
Noandrew okisor on 8/30/25 said:A very good and seamless application… makes loan applying less stressful.
Negative Review
Emmanuel Ehimetalor on 9/4/25 said: my loan became due today and immediately i started getting death threats yes death threats please avoid they deducted from my card without my knowledge and it’s remaining a little to pay and i promised to pay on the seventh of this month and this is 4th cause of upwork 5 day security period i can’t withdraw till 7th they abused my parents and wished for me to die i have the prove only i can’t upload here on play store this people are wicked and thiefsWas this review helpful? [Yes] [No]
Drew Spence on 8/31/25 said: very useless and senseless people. run from them…they will send defamatory messages to all your contacts even like 3days to the due date.
Desouza Emmanuel on 8/31/25 said: I repaid my loan already, and it’s still showing that I’m owning you are a scam.
Nathaniel Emmanuel on 8/29/25 said: I apply for a loan and it shows they have sent me the money but to now the money have not reflect in my account and is 4 days now And they expect me to repay the loan it won’t work.
Mimi BLISS on 8/28/25 said: This app is a scam ..they took my 12600 till now they have not refunded me the money, their customer call isn’t going.
Verdict – 9Credit loan review
The above reviews show that the app has both satisfied and disappointed users. Many users praise the app for being easy to use and quick in disbursing loans. And also for having fair or lower interest rates compared to other loan apps.
While some users complain about harsh debt collection, technical issues, uncredited disbursements, and poor customer support.
See Also: 9Credit Loan: How to Apply, Interest Rate, Alternatives
This review shows that the app may work well for some people who need quick cash. But it comes with risks like harsh debt collection practices, uncredited disbursements, and poor customer support.
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Pros of 9Credit Loan App
- Is CBN approved and operates under FCCPC regulations.
- Loans are approved and disbursed within minutes.
- You can apply for a loan without collateral, making it easy for anyone with a BVN and verifiable income to apply.
- Easy to navigate.
Cons of 9Credit Loan App
- It has high interest rates compared to bank loans.
- Hidden charges.
- Aggressive debt recovery methods
- Bad customer support issues
- Delayed disbursement in some cases.
Is 9Credit Approved by CBN?
Yes, 9Credit loan app is among the digital lending platforms approved by the CBN and it operates under the regulations of the Federal Competition and Consumer Protection Commission (FCCPC). This means that 9Credit is a legitimate loan app in Nigeria.
However, being approved app does not mean it is without issues. Many users still report high interest rates, hidden charges, and aggressive debt recovery practises. So, while the app is legit, it’s always wise to read the loan terms carefully before borrowing.
Requirements
You need to meet certain conditions before your loan application can be successful. Here are the criteria:
- You must be a Nigerian resident between 18 and 56 years old.
- You must have a valid BVN.
- You must get a monthly source of income.
- A smartphone with internet access is also required, since everything is done online.
If you meet the above criteria, you can apply for a 9-credit loan without collateral, and you don’t have to visit any physical office. All the loan application process is entirely online, which is one reason why apps like 9Credit are so popular.
See Also: Best Loan Apps Without Face Verification in Nigeria 2025
9Credit Interest Rate
One of the important parts of a loan that everyone is so worried about is its interest rate, which is the cost of borrowing.
The 9credit interest rate is about 0.07 percent per day; that’s around 25 percent per year if you calculate it as a flat rate. It sounds cool, but in reality, when you add processing fees, VAT, and other charges, the APR (Annual Percentage Rate) can climb to 45 percent or more.
Here’s an example:
- Loan amount: ₦10,000
- Tenure: 91 days
- Interest and fees: ₦637
- Total repayment: ₦10,637
So, if you borrow ₦10,000 for three months, your repayment amount is around ₦10,637.
While that doesn’t look bad on paper, the short loan terms and the possibility of rollover fees (if you can’t repay on time) can make these loans expensive.
Make sure you calculate your repayment before applying. If your income cannot comfortably cover it, avoid taking the loan.
See Also: 30 Best Loan App in Nigeria 2025 Review
Loan Amount You Can Get
The loan amounts on 9Credit vary depending on your creditworthiness and repayment history.
- Minimum loan: ₦3,000
- Maximum loan: ₦100,000
For first-time borrowers, you may receive smaller amounts, sometimes between ₦3,000 and ₦10,000. As you repay on time, your “credit score” with the app improves, and they gradually increase your limit.
This makes it a decent option for emergencies, but not for anyone looking for large sums of money.
How to Download 9Credit and Apply for a Loan
The 9credit app download is a straightforward process. Here’s a step-by-step guide:
- Go to the Google Play Store and search for the 9Credit Loan App. Download and install it on your smartphone.
- Open the app and sign up with your phone number. You’ll need to verify your number with an OTP. You will be asked for your BVN and personal details such as full name, date of birth, and bank details.
- Apply for loan: after downloading the app, click on the Apply button and select the loan amount you want. Then fill in any extra details requested, such as employment or income, and then submit your application.
- If approved, the loan is credited to your bank account directly. This can take anywhere from a few minutes to several hours.
Click here to download the 9credit loan app
Alternatives to 9Credit
Since 9Credit has mixed reviews, it’s always smart to know your options. Some alternatives include:
Palmcredit
Palmcredit is one of the popular loan apps in Nigeria that offers loans ranging from ₦10,000 to ₦300,000. It has a loan tenure ranging from 91 to 365 days with flexible repayment options.
Branch
Branch is one of the most downloaded loan apps in Nigeria that gives loans from ₦2,000 to ₦500,000. With repayment terms of 4–40 weeks.
FairMoney
This loan app is one of the best personal loan apps in Nigeria; it offers loans from ₦1,500 to ₦1,000,000. With a 61-day to 18-month repayment term. It also functions as a digital bank, offering not just loans but also bill payment and savings options.
These alternatives are considered more trustworthy because they are regulated and are less likely to harass you with threatening calls or messages if you miss a payment.
See Also: CashX Loan App Review, is CashX legit? App Download, Login and How to Apply
Conclusion
The 9Credit loan app offers a fast way to borrow money in Nigeria without collateral. It’s easy to use, the application process is simple, and you can get up to ₦100,000 if you keep a good repayment record.
However, the app also comes with serious drawbacks, such as high interest rates, hidden charges, delayed disbursements, and harsh debt recovery methods. User reviews show that while some borrowers are satisfied, others are not because of negative experiences that raise concerns.
See Also: Full list of Loan Apps with Low Interest Rates in Nigeria 2025
If you decide to use 9Credit, go in with caution. Make sure you understand the loan terms. It can be a helpful option for a quick loan, but it is not without risks. See Also: Full list of Loan Apps with Low Interest Rates in Nigeria 2025
