Is Palmcredit approved by CBN

Is Palmcredit approved by CBN

PalmCredit is one of the popular Loan apps in Nigeria. You can borrow upto N50K as a first time borrower. PalmCredit Loan app is one of the Loan apps Newedge uses to provides credit to individuals and businesses in Nigeria. Newedge Finance Limited Newedge is a financial institution established in 2019 and licenced by the CBN to operate as a microfinance bank (MFB) in Nigeria. The company provides instant loan services using multiple channels. Its loan apps include: Palm Credit, New Credit, Easy Buy, Xcross Cash, and Xcash. Is PalmCredit Approved by CBN? Yes, PalmCredit is approved and licenced by CBN through its parent company - Newedge Finance Limited. The company was approved to be a MFB in 2019. Through PalmCredit and other finance apps like NewCredit, EasyBuy, XCash and more, Newedge can provide urgent and instant loans for individuals and businesses in needs. Is my BVN safe with PalmCredit? Upon Loan request application, you'll be required to submit and verify your Bank Verification …

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Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel

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