Are you considering taking a loan from SunBay Credit loan app? This new loan app has quickly gained attention with a 4.3-star rating on Google Play and hundreds of user reviews. It promises quick loans and flexible repayment options for both personal and business use.
In this review, you will discover how SunBay Credit loan app works, loan amounts, interest rates, eligibility, user experiences, and whether it is worth trying in 2025.
What is SunBay Credit?
SunBay Credit loan Reviews
SunBay Credit is a new loan application launched in May 2025 by Pivotaliz Innovation. It provides short-term and long-term loans ranging from ₦10,000 to ₦1.5 million, with repayment periods of up to 720 days (two years).
The app is very simple and user-friendly; follow the steps below to apply for a loan:
Download the SunBay Credit app from the Google Play Store.
Register with your mobile number and verify using a one-time password (OTP).
Complete your personal details and set up your password.
Apply for a loan within the app.
SunBay Credit uses artificial intelligence and your BVN-linked credit history to review your eligibility.
If approved, funds are sent directly to your bank account.
The entire loan process takes only a few minutes, making it convenient for people in need of urgent funds.
Loan Amounts and Repayment Terms
Loan range: ₦10,000 to ₦1,500,000
First-time borrowers: ₦5,000 to ₦50,000
Returning users: Up to ₦500,000, depending on repayment history
Repayment period: 90 days to 720 days (up to two years)
This longer repayment option is one of SunBay’s standout features, as many Nigerian loan apps only provide repayment terms of 7 to 90 days.
SunBay Credit Loan App Interest Rates
SunBay Credit interest rates are 0.4% or more depending on user creditworthiness. Its annual percentage rate is between 80% and 87%.
For example, if you borrow ₦1,500,000 for 720 days at 0.4% daily interest, it would result in a total repayment of about ₦3.87 million. This shows that while the app provides longer repayment flexibility, loans can become very expensive if taken for a long duration.
SunBay Credit states that there are no hidden fees or processing charges as long as repayment is made on time.
Be a Nigerian resident aged between 18 and 70 years
Have a valid Bank Verification Number (BVN)
Maintain an active Nigerian bank account
Pass the app’s creditworthiness check, which is based on BVN and phone data
SunBay Credit Loan App Reviews and Ratings
SunBay Credit loan app currently has a 4.3-star rating on Google Play with over 570 reviews.
Sunbay Review 2025
Some users praise the app for quick approval and responsive customer support.
Others complain about high interest rates.
Below are some SunBay reviews from the Google Play Store:
Positive Review
SunBay Credit Positive Review
Prince Basyl on 8/30/25 says “Great loan app! The application process was fast and easy, with minimal documentation. Funds were disbursed quickly, and the interest rates are reasonable compared to others. I highly recommend it for anyone in urgent need of funds.”
Sunny Obadon on 9/10/25 says “SunBay Credit is fast, reliable, tested and trusted in all ramifications, loan interest is quite considerable and to the best of knowledge, I am satisfied with whole processes, and it’s a welcome development. Hence, my 5 star.
That is some positive user feedback on the SunBay Credit loan app. Let’s look at the negative:
Bolanle Salami on 8/3/25 says, “This is the worst loan app. I will advise you not to try it; they are very deceptive and make use of tricky means to scam their customers. They have very poor customer service, and they are very rude, proud, and arrogant. They also have put very high interest on loans.”
Helen Ajibola on 8/20/25 says, “Why will you send a loan that I have not agreed to take… I went off your app, and the next thing I knew, you had sent a loan of 13,320 to pay 18,000. I don’t need that loan, and you want me to pay in 8 days. I tried to refund the money; your app is not opening. What is all this now?”
This overall review shows that the SunBay Credit loan app is a high-risk lender.
Missing repayment deadlines could damage credit history and affect future borrowing.
Final Verdict: Is SunBay Credit Loan App Legit?
SunBay Credit is a legitimate loan app in Nigeria. It offers higher loan amounts and longer repayment terms than most loan apps, but its interest rates are very high.
If you need quick emergency funds and you can repay on time, SunBay Credit loan app is worth considering in 2025. However, those looking for lower interest loans should click here for better alternatives among other Nigerian loan apps.
Frequently Asked Questions (FAQ)
1. Is SunBay Credit loan app approved by CBN?
Yes. SunBay Credit loan app is approved by the Central Bank of Nigeria (CBN) and also licensed by the Federal Competition and Consumer Protection Commission (FCCPC). This means it is a legitimate and regulated loan platform.
2. Does SunBay Credit loan app have hidden charges?
No. SunBay Credit states that there are no hidden fees or processing charges as long as you repay on time. Late payments, however, may attract penalties.
3. How much can I borrow as a first-time user on SunBay Credit?
First-time borrowers can access loan amounts between ₦5,000 and ₦50,000. With consistent repayments, your loan limit can increase to higher amounts.
4. What is the repayment period for SunBay Credit loans?
The repayment period on SunBay Credit ranges from 90 days up to 720 days (two years). This is longer than most loan apps in Nigeria, which usually offer only 7 to 90 days.
5. What is the major disadvantage of SunBay Credit loan app?
The biggest drawback is the high interest rate. Depending on how long you borrow, the total repayment could be more than double the loan amount, especially for long-term loans.
