QuickCheck Loan app has established itself as a trusted and convenient loan app in Nigeria. With a focus on providing a seamless borrowing experience, I present this review to help you make an informed decision when choosing a loan app.
QuickCheck offers instant loans without the need for paperwork, documentation or collateral, all within the online space. With an internet enabled smartphone, you can access up to N500,000 within a short period with this very fast loan application.
The QuickCheck loan app ensures you never go broke again. And you do not have to experience long queues or bulky documentation associated with traditional banks.
QuickCheck Loan App
The QuickCheck loan app is well-known for its excellent customer service and prompt response to customer complaints. Leveraging Artificial Intelligence, the app analyzes and determines borrowers’ eligible loan amounts.
The loan offers from QuickCheck are generous, allowing you to borrow up to NGN200,000 within minutes and up to N500,000 if you need business financing.
Flexible Repayment Plan and Referral Program
QuickCheck loan app provides a flexible repayment plan, enabling you to repay your loan in convenient installments. Additionally, the app offers a referral program where you earn NGN500 for each friend you invite to join QuickCheck.
Ownership and Management
QuickCheck loan app is owned and managed by Arve Nigeria Limited, a registered and licensed financial institution in Nigeria. Arve Nigeria Limited maintains a solid reputation for disbursing personal loans quickly and reliably, following thorough verification processes.
QuickCheck Loan App Download
To download the QuickCheck loan app, follow these simple steps:
- Open the Google Play Store on your Android device.
- Search for “QuickCheck”
- Install the app and register for an account.
- During registration, you will provide personal details such as your name, BVN, functioning bank account, phone number linked to your BVN, financial details, employment details, family information, and set up a four-digit security pin number.
With this process, the QuickCheck loan app will be successfully downloaded on your smartphone.
QuickCheck Loan App Customer Care
If you need to get in touch with QuickCheck loan application or platform, you can contact their customer care through various platforms as below:
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- Telephone: 07080665544 (Available Mon-Fri 8am-5pm, Sat 9am-5pm)
- Email: support@quickcheck.ng
- Social Media: @QuickCheckng on Facebook, Twitter, etc.
- Website: quickcheck.ng
What is QuickCheck Loan app Interest Rates and Repayment Plan
QuickCheck maintains a fixed interest rate of 1% daily throughout the loan tenure. The longer the repayment duration, the higher the interest accumulated. Repayment methods include debit card payments through the app, using your bank’s USSD code, or cash/bank deposit to the QuickCheck account.
Pros and Cons of QuickCheck Loan App
As with any loan app, QuickCheck has its pros and cons. Let’s explore them:
Pros:
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- Prompt loan disbursement within minutes of approval.
- Collateral and paperwork-free loans, requiring only a smartphone and active network connection.
- Assists salary earners in meeting their basic needs when their income falls short.
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Cons:
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- Requires access to your phone for AI analysis of your financial transactions and creditworthiness.
- Limited loan offer for new users, with a maximum amount of NGN10,000.
- Exclusive to Nigerian citizens and available only for Android users.
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Quick App Loan Amount Eligibility and Application Process
First-time borrowers are eligible to borrow a maximum of NGN10,000 for a 30-day period. Subsequent loans offer higher amounts with lower interest rates. To apply for a loan, follow these steps:
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- Download and install the QuickCheck loan app.
- Register and complete your profile by providing the necessary information.
- Select the reason for your loan request and choose the repayment duration (15 to 30 days).
- Set your exact repayment date.
- Once your repayment date is selected, QuickCheck disburses the loan to your account almost immediately.
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With QuickCheck Loan app, borrowing money has become more accessible and convenient.
Requirements for Obtaining Loan from QuickCheck Loan App
To obtain credit funding from QuickCheck loan app, you must fulfill the following compulsory requirements:
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- Smartphone and Data: You need a smartphone with an active data connection to access the QuickCheck loan app.
- Bank Verification Number (BVN): QuickCheck requires your BVN for verification and authentication purposes.
- Bank Account Details: You must provide your bank account details, including the account number and bank name.
- Good Credit Score: QuickCheck assesses your creditworthiness, and a good credit score enhances your chances of loan approval.
- ATM Card: You will need an ATM card linked to your bank account for loan disbursement and repayment purposes.
- Personal Information: Provide accurate personal information such as your name, phone number, address, email address, and other required details.
- Employment Details: QuickCheck requires employment details, even though self-employed individuals can also apply for loans.
- Adult Age: You must be an adult, typically 18 years or older, to be eligible for a loan from QuickCheck.
- Loan Affordability: The loan request amount must not exceed 30% of your income to ensure repayment feasibility.
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By meeting these compulsory requirements, you can access credit from QuickCheck loan app and enjoy the convenience of their loan services.
Frequently Asked Question (FAQs)
How much can i borrow from QuickCheck for the first time?
QuickCheck offers a maximum borrowing limit of N1,000,000. However, for first-time borrowers, the initial loan amount is limited to N10,000. As you build a positive repayment history and adhere to the terms and conditions, your credit limit will gradually increase over time.
By repaying your loans promptly and maintaining good financial conduct, you demonstrate your reliability, which allows QuickCheck to extend higher loan amounts to you in the future.
It is important to fulfill your repayment obligations and consistently follow the terms and conditions to access larger loan limits and enjoy the full benefits of QuickCheck’s lending services.
Who is the owner of QuickCheck Loan App?
The CEO and owner of the QuickCheck loan app is Fabiano Di Tomaso
How does QuickCheck work?
To access the services of QuickCheck, you can simply download their mobile application from the Google Play Store. Once you have downloaded the app, you can proceed to sign up by creating a QuickCheck account.
After signing up, you can apply for loans directly through the app by following the provided instructions. It is important to note that you must meet the eligibility criteria set by QuickCheck to be eligible for a loan.
By adhering to these steps and meeting the necessary requirements, you can easily access the loan services offered by QuickCheck through their user-friendly mobile application.
What is QuickCheck repayment plan?
Unlike many other online loan apps that offer short repayment periods, this particular loan app stands out by providing the best repayment period. In my personal experience, when I took my first loan with them, they gave me a generous 30-day repayment period.
This is in contrast to other loan apps that may only give you as little as 8 days or two weeks to repay your outstanding loan.
With this loan app, you can enjoy a longer and more flexible repayment period, allowing you ample time to manage your finances and meet your repayment obligations.
How Do I Apply for the QuickCheck Loan Application?
All applications MUST be completed on your android device. You can begin your application by downloading the QuickCheck app from the Google Playstore. After downloading the app, sign in with your facebook email address and password and fill the provided fields correctly. Please note that you cannot change your login details.
Who is eligible to apply for a loan from QuickCheck?
Nigerian adults with good credit score. You can access our services from anywhere in Nigeria as long as you are eligible and you own an android device.
Why was my QuickCheck loan application rejected?
QuickCheck loan application can be rejected due to a number of reasons such as:
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- User do not have enough available data for proper evaluation.
- User owes another lending platform.
- User’s loan request exceeds 30 percent of his / her monthly income.
- User has bad loan history.
- If the system discovers any form of data falsification.
- User does not meet our lending criteria.
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Do I need to submit any document?
No. To get a QuickCheck loan, you do not need to submit any document. We will only need you to provide accurate answers to the questions we are going to ask you while filling in your details.
How much can I apply for and how long?
As a first time user, you can access up to 10,000 Naira for a period of 30 days. Early repayment guarantees higher amounts and lower interest rates.
Why was my loan cancelled?
Please ensure that your card is added on the QuickCheck platform and you have submitted accurate details and forward a mail to support@quickcheck.ng.
What if I don’t pay back my loan?
We love you as our customer and we would never want you to leave our platform, however, if you do not pay back your loan as at when due, it can attract serious consequences such as:
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- Poor credit rating with the Credit Bureau agencies which will prevent you from accessing loans from us and any other financial institution.
- Suspension of your account on our platform which means you will no longer have access to our loan facility in the future.
- Reporting you to State authorities.
- Legal action: You may be charged to court for taking a loan and not wanting to pay back after agreeing to the terms and conditions amongst other consequences.
- If you know you are going to have difficulty paying back your loan as at when due, please contact us a week before your due date to work out a repayment plan.
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Conclusion
QuickCheck loan app offers instant loans in Nigeria without the need for paperwork or collateral, all within the online space. The app is known for its excellent customer service and prompt response to customer complaints.
However note that the QuickCheck app is ONLY available on android devices for now. However, if and when they launch on other operating systems we will notify the public.
