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 …

Continue reading...

About the author

He’s the founder and publisher of Mainwaves Digital Media Group, the parent company of Capitalist Ledger, School Magazine (SCHLMAG) and Mainwaves. linkedin email youtube twitter-x

Post a Comment

<script type="text/javascript" src="https://www.blogger.com/static/v1/widgets/3138155095-widgets.js"></script>
<script type='text/javascript'>
window['__wavt'] = 'AOuZoY69MALGrXNqfF1jPmo16gcSJJpoSA:1727530061220';_WidgetManager._Init('//www.blogger.com/rearrange?blogID\x3d2856164879286820178','//www.monepoint.net.ng/2024/05/is-palmcredit-approved-by-cbn.html?amp\x3d1','2856164879286820178');
_WidgetManager._SetDataContext([{'name': 'blog', 'data': {'blogId': '2856164879286820178', 'title': 'Monepoint', 'url': 'https://www.monepoint.net.ng/2024/05/is-palmcredit-approved-by-cbn.html?amp\x3d1', 'canonicalUrl': 'https://www.monepoint.net.ng/2024/05/is-palmcredit-approved-by-cbn.html', 'homepageUrl': 'https://www.monepoint.net.ng/?amp\x3d1', 'searchUrl': 'https://www.monepoint.net.ng/search', 'canonicalHomepageUrl': 'https://www.monepoint.net.ng/', 'blogspotFaviconUrl': 'https://www.monepoint.net.ng/favicon.ico', 'bloggerUrl': 'https://www.blogger.com', 'hasCustomDomain': true, 'httpsEnabled': true, 'enabledCommentProfileImages': true, 'gPlusViewType': 'FILTERED_POSTMOD', 'adultContent': false, 'analyticsAccountNumber': 'G-8N11NB1C2W', 'analytics4': true, 'encoding': 'UTF-8', 'locale': 'en', 'localeUnderscoreDelimited': 'en', 'languageDirection': 'ltr', 'isPrivate': false, 'isMobile': false, 'isMobileRequest': false, 'mobileClass': '', 'isPrivateBlog': false, 'isDynamicViewsAvailable': true, 'feedLinks': '\x3clink rel\x3d\x22alternate\x22 type\x3d\x22application/atom+xml\x22 title\x3d\x22Monepoint - Atom\x22 href\x3d\x22https://www.monepoint.net.ng/feeds/posts/default\x22 /\x3e\n\x3clink rel\x3d\x22alternate\x22 type\x3d\x22application/rss+xml\x22 title\x3d\x22Monepoint - RSS\x22 href\x3d\x22https://www.monepoint.net.ng/feeds/posts/default?alt\x3drss\x22 /\x3e\n\x3clink rel\x3d\x22service.post\x22 type\x3d\x22application/atom+xml\x22 title\x3d\x22Monepoint - Atom\x22 href\x3d\x22https://www.blogger.com/feeds/2856164879286820178/posts/default\x22 /\x3e\n\n\x3clink rel\x3d\x22alternate\x22 type\x3d\x22application/atom+xml\x22 title\x3d\x22Monepoint - Atom\x22 href\x3d\x22https://www.monepoint.net.ng/feeds/261477861168143337/comments/default\x22 /\x3e\n', 'meTag': '', 'adsenseClientId': 'ca-pub-6923486955559892', 'adsenseHostId': 'ca-host-pub-1556223355139109', 'adsenseHasAds': true, 'adsenseAutoAds': true, 'boqCommentIframeForm': true, 'loginRedirectParam': '', 'view': '', 'dynamicViewsCommentsSrc': '//www.blogblog.com/dynamicviews/4224c15c4e7c9321/js/comments.js', 'dynamicViewsScriptSrc': '//www.blogblog.com/dynamicviews/d9db63b9119a00a5', 'plusOneApiSrc': 'https://apis.google.com/js/platform.js', 'disableGComments': true, 'interstitialAccepted': false, 'sharing': {'platforms': [{'name': 'Get link', 'key': 'link', 'shareMessage': 'Get link', 'target': ''}, {'name': 'Facebook', 'key': 'facebook', 'shareMessage': 'Share to Facebook', 'target': 'facebook'}, {'name': 'BlogThis!', 'key': 'blogThis', 'shareMessage': 'BlogThis!', 'target': 'blog'}, {'name': 'Twitter', 'key': 'twitter', 'shareMessage': 'Share to Twitter', 'target': 'twitter'}, {'name': 'Pinterest', 'key': 'pinterest', 'shareMessage': 'Share to Pinterest', 'target': 'pinterest'}, {'name': 'Email', 'key': 'email', 'shareMessage': 'Email', 'target': 'email'}], 'disableGooglePlus': true, 'googlePlusShareButtonWidth': 0, 'googlePlusBootstrap': '\x3cscript type\x3d\x22text/javascript\x22\x3ewindow.___gcfg \x3d {\x27lang\x27: \x27en\x27};\x3c/script\x3e'}, 'hasCustomJumpLinkMessage': false, 'jumpLinkMessage': 'Read more', 'pageType': 'item', 'postId': '261477861168143337', 'postImageThumbnailUrl': 'https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhceDR7JE13Ostpaz8wgMdwLERDmQPM0lbmErD3PuwH82_ZAHYE5krkCR41-CtcPvC4zAs-fjrogp6QHC42ojXGBk1YD2GJRAlLGuTJ006ouBOuFbuIRq0tdnnfHlyObLQGoeM7ikDMd4AeD-rpJrHwH0xMdC9LqjL7BekAn6h-zfbShdW3LzGH4saqlvU/s72-c-rw/PalmCredit.webp', 'postImageUrl': 'https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhceDR7JE13Ostpaz8wgMdwLERDmQPM0lbmErD3PuwH82_ZAHYE5krkCR41-CtcPvC4zAs-fjrogp6QHC42ojXGBk1YD2GJRAlLGuTJ006ouBOuFbuIRq0tdnnfHlyObLQGoeM7ikDMd4AeD-rpJrHwH0xMdC9LqjL7BekAn6h-zfbShdW3LzGH4saqlvU/s16000-rw/PalmCredit.webp', 'pageName': 'Is Palmcredit approved by CBN', 'pageTitle': 'Monepoint: Is Palmcredit approved by CBN', 'metaDescription': ''}}, {'name': 'features', 'data': {}}, {'name': 'messages', 'data': {'edit': 'Edit', 'linkCopiedToClipboard': 'Link copied to clipboard!', 'ok': 'Ok', 'postLink': 'Post Link'}}, {'name': 'template', 'data': {'name': 'custom', 'localizedName': 'Custom', 'isResponsive': true, 'isAlternateRendering': false, 'isCustom': true}}, {'name': 'view', 'data': {'classic': {'name': 'classic', 'url': '?view\x3dclassic'}, 'flipcard': {'name': 'flipcard', 'url': '?view\x3dflipcard'}, 'magazine': {'name': 'magazine', 'url': '?view\x3dmagazine'}, 'mosaic': {'name': 'mosaic', 'url': '?view\x3dmosaic'}, 'sidebar': {'name': 'sidebar', 'url': '?view\x3dsidebar'}, 'snapshot': {'name': 'snapshot', 'url': '?view\x3dsnapshot'}, 'timeslide': {'name': 'timeslide', 'url': '?view\x3dtimeslide'}, 'isMobile': false, 'title': 'Is Palmcredit approved by CBN', 'description': 'Monepoint.net.ng provides an all-in-one payments, banking and fintechs information for businesses and their customers in Nigeria and Africa at Large.', 'featuredImage': 'https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhceDR7JE13Ostpaz8wgMdwLERDmQPM0lbmErD3PuwH82_ZAHYE5krkCR41-CtcPvC4zAs-fjrogp6QHC42ojXGBk1YD2GJRAlLGuTJ006ouBOuFbuIRq0tdnnfHlyObLQGoeM7ikDMd4AeD-rpJrHwH0xMdC9LqjL7BekAn6h-zfbShdW3LzGH4saqlvU/s16000-rw/PalmCredit.webp', 'url': 'https://www.monepoint.net.ng/2024/05/is-palmcredit-approved-by-cbn.html?amp\x3d1', 'type': 'item', 'isSingleItem': true, 'isMultipleItems': false, 'isError': false, 'isPage': false, 'isPost': true, 'isHomepage': false, 'isArchive': false, 'isLabelSearch': false, 'postId': 261477861168143337}}, {'name': 'widgets', 'data': [{'title': 'Monepoint (Header)', 'type': 'Header', 'sectionId': 'sec_Header_Title', 'id': 'Header01'}, {'title': 'Try \x27Adventure\x27', 'type': 'BlogSearch', 'sectionId': 'sec_Header_Search', 'id': 'BlogSearch01'}, {'title': 'Header Icon', 'type': 'TextList', 'sectionId': 'sec_Header_Icon', 'id': 'TextList01'}, {'title': 'Additional Menu', 'type': 'PageList', 'sectionId': 'sec_Nav_Widgets_2', 'id': 'PageList02'}, {'title': 'Pinned Post', 'type': 'FeaturedPost', 'sectionId': 'sec_Top_Widgets', 'id': 'FeaturedPost01', 'postId': '3789781621257263063'}, {'title': 'Blog Posts', 'type': 'Blog', 'sectionId': 'sec_Main_Widgets', 'id': 'Blog01', 'posts': [{'id': '261477861168143337', 'title': 'Is Palmcredit approved by CBN', 'featuredImage': 'https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhceDR7JE13Ostpaz8wgMdwLERDmQPM0lbmErD3PuwH82_ZAHYE5krkCR41-CtcPvC4zAs-fjrogp6QHC42ojXGBk1YD2GJRAlLGuTJ006ouBOuFbuIRq0tdnnfHlyObLQGoeM7ikDMd4AeD-rpJrHwH0xMdC9LqjL7BekAn6h-zfbShdW3LzGH4saqlvU/s16000-rw/PalmCredit.webp', 'showInlineAds': false}], 'footerBylines': [{'regionName': 'footer1', 'items': [{'name': 'author', 'label': 'Published by'}, {'name': 'timestamp', 'label': 'On'}, {'name': 'comments', 'label': 'Comment'}, {'name': 'icons', 'label': ''}, {'name': 'share', 'label': ''}]}, {'regionName': 'footer2', 'items': [{'name': 'labels', 'label': 'in'}]}, {'regionName': 'footer3', 'items': [{'name': 'location', 'label': 'Location:'}]}], 'allBylineItems': [{'name': 'author', 'label': 'Published by'}, {'name': 'timestamp', 'label': 'On'}, {'name': 'comments', 'label': 'Comment'}, {'name': 'icons', 'label': ''}, {'name': 'share', 'label': ''}, {'name': 'labels', 'label': 'in'}, {'name': 'location', 'label': 'Location:'}]}, {'title': 'Categorized Posts', 'type': 'LinkList', 'sectionId': 'sec_Main_Widgets', 'id': 'LinkList5'}, {'title': 'Popular Posts', 'type': 'PopularPosts', 'sectionId': 'sec_Side_Widgets', 'id': 'PopularPosts00', 'posts': [{'title': 'Crypto Better SIM Detail: Everything You Need To Know', 'id': 4693448091238398646}, {'title': 'Renmoney Loan, Requirements, Application, Interest and Calculator', 'id': 331435703667982918}, {'title': 'Moniepoint Agent/POS Login', 'id': 7675033772020950795}, {'title': 'Top 5 Legit Online Loan Apps in Nigeria in 2024', 'id': 2259178400242869141}, {'title': 'ATM.Moniepoint.COM Login Page', 'id': 6084575701790476563}, {'title': 'How to activate Moniepoint ATM card', 'id': 2354999388694482837}, {'title': 'Moniepoint Login Gmail and Password', 'id': 6494067232218913720}, {'title': 'Moniepoint Restricted Card/Account [How To Fix It]', 'id': 8394459354538049934}, {'title': 'How to Check Moniepoint ATM Card Expiry Date, CVV and Numbers', 'id': 2365771405836903786}, {'title': 'Loan App without Face Verification: Everything You Need To Know', 'id': 7005650847334720862}]}, {'title': 'Labels', 'type': 'Label', 'sectionId': 'sec_Side_Widgets', 'id': 'Label00'}, {'title': 'Table of contents', 'type': 'HTML', 'sectionId': 'sec_Side_Widgets', 'id': 'HTML11'}, {'title': 'Take me back', 'type': 'HTML', 'sectionId': 'sec_Error_404', 'id': 'HTML404'}, {'title': 'Organization Name [BlogTitle]', 'type': 'Image', 'sectionId': 'sec_Footer_Widgets_1', 'id': 'Image0000002'}, {'title': 'Social Media Links', 'type': 'LinkList', 'sectionId': 'sec_Footer_Widgets_1', 'id': 'LinkList1'}, {'title': 'Company', 'type': 'LinkList', 'sectionId': 'sec_Footer_Widgets_2', 'id': 'LinkList2'}, {'title': 'Product \x26amp; Service', 'type': 'LinkList', 'sectionId': 'sec_Footer_Widgets_3', 'id': 'LinkList3'}, {'title': 'Support', 'type': 'LinkList', 'sectionId': 'sec_Footer_Widgets_4', 'id': 'LinkList4'}, {'title': 'Credit', 'type': 'HTML', 'sectionId': 'sec_Footer_Credit', 'id': 'HTML88'}, {'title': 'Mobile Menu', 'type': 'TextList', 'sectionId': 'sec_Mobile_Menu', 'id': 'TextList99'}, {'title': 'Anchor Ad [Mobile]', 'type': 'LinkList', 'sectionId': 'sec_Anchor_Ad', 'id': 'LinkList97'}, {'title': 'Labels', 'type': 'Label', 'sectionId': 'sec_Theme_Hidden', 'id': 'Label0000001'}, {'title': 'Contact Form', 'type': 'ContactForm', 'sectionId': 'sec_Theme_Hidden', 'id': 'ContactForm0000001'}, {'title': 'Firebase Configurations', 'type': 'LinkList', 'sectionId': 'sec_Addon_Widgets', 'id': 'LinkList0000002'}, {'title': 'Progressive Web App', 'type': 'LinkList', 'sectionId': 'sec_Addon_Widgets', 'id': 'LinkList11'}, {'title': 'Cookie Consent [NoTitle]', 'type': 'LinkList', 'sectionId': 'sec_Addon_Widgets', 'id': 'LinkList7'}, {'title': 'Oops!', 'type': 'HTML', 'sectionId': 'sec_Addon_Widgets', 'id': 'HTML22'}, {'title': 'AdBlock Detected!', 'type': 'HTML', 'sectionId': 'sec_Addon_Widgets', 'id': 'HTML23'}, {'title': 'Image Uploader', 'type': 'Image', 'sectionId': 'sec_Addon_Widgets', 'id': 'Image5'}]}]);
_WidgetManager._RegisterWidget('_HeaderView', new _WidgetInfo('Header01', 'sec_Header_Title', document.getElementById('Header01'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_BlogSearchView', new _WidgetInfo('BlogSearch01', 'sec_Header_Search', document.getElementById('BlogSearch01'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_TextListView', new _WidgetInfo('TextList01', 'sec_Header_Icon', document.getElementById('TextList01'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_PageListView', new _WidgetInfo('PageList02', 'sec_Nav_Widgets_2', document.getElementById('PageList02'), {'title': 'Additional Menu', 'links': [{'isCurrentPage': false, 'href': '/p/sitemap.html', 'title': 'Sitemap'}, {'isCurrentPage': false, 'href': '/p/disclaimer.html', 'title': 'Disclaimer'}, {'isCurrentPage': false, 'href': '/p/privacy.html', 'title': 'Privacy'}], 'mobile': false, 'showPlaceholder': true, 'hasCurrentPage': false}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_FeaturedPostView', new _WidgetInfo('FeaturedPost01', 'sec_Top_Widgets', document.getElementById('FeaturedPost01'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_BlogView', new _WidgetInfo('Blog01', 'sec_Main_Widgets', document.getElementById('Blog01'), {'cmtInteractionsEnabled': false}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList5', 'sec_Main_Widgets', document.getElementById('LinkList5'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_PopularPostsView', new _WidgetInfo('PopularPosts00', 'sec_Side_Widgets', document.getElementById('PopularPosts00'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LabelView', new _WidgetInfo('Label00', 'sec_Side_Widgets', document.getElementById('Label00'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_HTMLView', new _WidgetInfo('HTML11', 'sec_Side_Widgets', document.getElementById('HTML11'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_HTMLView', new _WidgetInfo('HTML404', 'sec_Error_404', document.getElementById('HTML404'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_ImageView', new _WidgetInfo('Image0000002', 'sec_Footer_Widgets_1', document.getElementById('Image0000002'), {'resize': true}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList1', 'sec_Footer_Widgets_1', document.getElementById('LinkList1'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList2', 'sec_Footer_Widgets_2', document.getElementById('LinkList2'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList3', 'sec_Footer_Widgets_3', document.getElementById('LinkList3'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList4', 'sec_Footer_Widgets_4', document.getElementById('LinkList4'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_HTMLView', new _WidgetInfo('HTML88', 'sec_Footer_Credit', document.getElementById('HTML88'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_TextListView', new _WidgetInfo('TextList99', 'sec_Mobile_Menu', document.getElementById('TextList99'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList97', 'sec_Anchor_Ad', document.getElementById('LinkList97'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LabelView', new _WidgetInfo('Label0000001', 'sec_Theme_Hidden', document.getElementById('Label0000001'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_ContactFormView', new _WidgetInfo('ContactForm0000001', 'sec_Theme_Hidden', document.getElementById('ContactForm0000001'), {'contactFormMessageSendingMsg': 'Sending...', 'contactFormMessageSentMsg': 'Your message has been sent.', 'contactFormMessageNotSentMsg': 'Message could not be sent. Please try again later.', 'contactFormInvalidEmailMsg': 'A valid email address is required.', 'contactFormEmptyMessageMsg': 'Message field cannot be empty.', 'title': 'Contact Form', 'blogId': '2856164879286820178', 'contactFormNameMsg': 'Name', 'contactFormEmailMsg': 'Email', 'contactFormMessageMsg': 'Message', 'contactFormSendMsg': 'Send', 'contactFormToken': 'AOuZoY79KRosCbghDZD5H8Xj6tONrcHKng:1727530061221', 'submitUrl': 'https://www.blogger.com/contact-form.do'}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList0000002', 'sec_Addon_Widgets', document.getElementById('LinkList0000002'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList11', 'sec_Addon_Widgets', document.getElementById('LinkList11'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_LinkListView', new _WidgetInfo('LinkList7', 'sec_Addon_Widgets', document.getElementById('LinkList7'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_HTMLView', new _WidgetInfo('HTML22', 'sec_Addon_Widgets', document.getElementById('HTML22'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_HTMLView', new _WidgetInfo('HTML23', 'sec_Addon_Widgets', document.getElementById('HTML23'), {}, 'displayModeFull'));
_WidgetManager._RegisterWidget('_ImageView', new _WidgetInfo('Image5', 'sec_Addon_Widgets', document.getElementById('Image5'), {'resize': false}, 'displayModeFull'));
</script>
</body>