CarrotPay Loan App Review | Reliable or Not
In the Nigerian market, the Carrotpay loan app offers unsecured micro, medium, and long-term loans up to N50,000 in collateral-free loans with values ranging from N5,000 to N50,000.
It is possible to get a loan online if you provide some details as well as your ID card.
On Google Play, the application has been downloaded over ten thousand times with mixed reviews. The registration process on the app is simple and smooth, and most customers are pleased with it. In order to build a credit score for each borrower, it uses phone records, banking transaction alerts, and BVN information collected through a loan software.
In today’s article, we’ll give answers to all questions about carrotpay loan App, which includes: Carrotpay loan review, how does Carrotpay loan work, how to loan money on Carrotpay loan, Carrotpay loan Login, Carrotpay loan sign up, Carrotpay loan Referral, Carrotpay loan customer service, is Carrotpay legit or scam, and more.
By the end of this article our team, Tunnelgist.com is sure you must have arrived at a solid decision on if Carrotpay loan legit, safe or scam, or maybe fake, as we assure every piece of information provided is authentic.
Without wasting more time, let’s get started with Carrotpay review.
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Table of Contents
Carrotpay loan App Review
In this Carrotpay loan App review, we’ll touch on various aspects of Carrotpay loan review, which would help you know if this new make-money website can be trusted or fraudulent.
Also please note: This Carrotpay loans review doesn’t verify it all, so in the nearest future things might change and if anything goes wrong we won’t be held responsible for any reason.
What is CarrotPay Loans?
CarrotPay makes it easier than ever to get a loan. You can easily get a loan within minutes if you pass our automated checks and have a good credit score.
How does CarrotPay Loan Works?
CarrotPay provides loans for as low as N5,000. To access our loans, you must be at least 21 years of age.
Depending on the loan product you are eligible for, a loan tenor can run up to 180 days. It’s up to you to choose the loan repayment term that works best for you. There’s also an option for partial repayment before your loan is due. By repaying diligently, you can improve your credit history, which allows you to have access to a higher amount as loans in the future.
How to Apply for a Loan On CarrotPay?
A minimum age of 21 is required to access CarrotPay loans. If you wish to borrow up to N50,000, you will need to provide a valid government ID. You may borrow between N5,000 and N50,000, and you will be able to pay it back between 60 and 180 days after receiving it.
- Download CarrotPay
- Create your account in minutes
- Apply for a loan
- Get the cash you need.
CarrotPay Sign Up
When signing up for CarrotPay, you will have to email address, phone number, address, birth date, and name.
Also, click on this link to get started immediately.
CarrotPay Login
For CarrotPay login, kindly use the link here to be redirected to CarrotPay website, then input the details you used while creating an account on the platform to complete the process.
CarrotPay Interest Rate
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 6 months. At the end of the 6 months, you would’ve paid a total of N11,800.
CarrotPay Phone Number
This are the medium to contact carrotpay phone number & email address. Click on this link to contact carrotpay directly and view their number.
- Email us on: [email protected]
- Visit our website: www.carrotpay.ng
- Follow us on Twitter: https://twitter.com/CarrotPayng
- Like our Facebook page: https://www.facebook.com/carrotpayng/
- Follow us on Instagram: https://www.instagram.com/carrotpayng/
- Follow us on LinkedIn: https://www.linkedin.com/company/carrotpay-ng
Is CarrotPay Legit or Scam?
With the bad reviews and little downloads that CarrotPay has on Playstore, I can guarantee you that the CarrotPay app isn’t save to use. Check out the review by users down below.
Michael Griffin
After collecting 50 for validation of cards. I can’t login again…… una app no be here
Olalalekan Akinsanya
Can u imagine, I want a loan and u are asking me to pay before u will give me the loan. What kind of fraudulent act is that. If I have money will I requested for loan or are u giving me the loan without repayment. I don’t know how some people hype some app.
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Conclusion
Thanks so much for reading this article till the end, that’s all for the CarrotPay review, if there is more you want to add to this review, feel free to comment down below.
