Kredi Bank - Loans and savings vs Blocka Cash Usage & Stats

Banking needs to be convenient and Kredi is designed to make processes and transactions more efficient and secure. Kredi features include: - Account Opening: Opening a Kredi account can be done wherever you are and whenever you want. Simply select an account type and fill in your personal details. It’s easy peasy! - Save Money: Saving your money just got better. Simply log into your Kredi account, click the “start saving “ button to start saving immediately for all your needs and goals. - Loans: Kredi provides small, short term nano, SME, salary-backed and collateral-backed loans to cushion your finances when you need it. - Fund Account: Send money and make direct deposits to other bank accounts. With your Kredi account, you enjoy secure transactions with just one click. - Transfer: Enjoy credible, convenient and quick transfers. You can make transfers to Third Parties seamlessly and in no time. Start making your transfers! - Bill Payment: Reliable and secure way to settle your bills and fast payments. Just create an account to manage and pay your bills online with Kredi. - Airtime Top-up: Our airtime & data top-up service allows you to send mobile credit to any mobile network. You can buy instant airtime for family and friends where you want, when you want.

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Blocka Cash

Blocka Cash makes access to loans easy and hassle-free, just when you need it. Do away with long queues, paperwork and waiting time. All you need is your smartphone and the Blocka Cash app! Getting started with Blocka Cash is easy. Just follow the steps below: - Sign up and set up an account. - Apply for a loan in seconds. - Receive your loan instantly and directly into your wallet. The process is simple and convenient! OUR LOANS AND REPAYMENT TERMS Blocka Cash offers micro-credit and makes provision for short-term personal loans from N5,000 and up to N50,000 depending on your credit score. RATES AND FEES To access our loans, you must be at least 21 years of age. We may require that you provide a valid Government ID. You can get as little as N5,000 and up to N50,000 and you can pay back between 60 to 180 days. Our usual repayment period is monthly. Our minimum interest rate, which is determined by our credit scoring algorithm, is 3% per month. This comes to an Annual Percentage Rate (APR) of 36%. EXAMPLE; If you choose a loan package of N10,000 (Principal) to pay back over a 6-months tenor at an interest rate and fees of 3% per month (36% APR), you will be paying back N1,966.67 monthly for a period of 6 months. At the end of the 6 months, you would’ve paid a total of N11,800. ADDITIONAL NOTES When assessing your eligibility for a loan, there are several factors we consider. Some of which are past loan performance, credit score etc. Ensure that your loan application is correctly filled in as any falsification can lead to consequences ranging from blacklisting your profile to reporting you to the police in clear cases of fraud. The Blocka Cash app is powered by James Crown Credit Limited. Licensed as a Money Lender by the Ogun State Government of Nigeria. CONTACT US Feel free to reach out to us with your feedback, tips, questions and concerns. Let us know how we can make Blocka Cash better for you. Contact us at support@blocka.cash.