Due to the state of Nigeria’s economy, a lot of people lack the finances to access the necessities of life. In a quest to make ends meet, many people go as far as taking huge loans. These loans are sometimes unrepayable and may cause them to go into permanent debt. Fortunately, CreditClan solves this problem by providing a platform that allows people to access services on credit. Below is a summary of everything you need to know about the company.
An Overview of CreditClan
Creditclan is a privately held fintech company founded in 2018. The company helps businesses, banks, and merchants to provide credit to individuals across Africa. The company provides an omnichannel, which simplifies collection solutions, credits, and credibility in a way that is easy for merchants and financial institutions to leverage for scale and engage their customers.
Essentially, the company’s platform allows you to obtain service on credit and pay later. A group of experts who are experienced in technology, risk management, data science, finance as well as customer experience manages and drives the organization. CreditClan is one of the companies that offer loans with no credit. Read more on how to get a loan with no credit in Nigeria here.
What are the services that Creditclan offers?
The platform provides services for schools, merchants, and finance partners. They include:
1. For merchants
The platform helps merchants across Africa to sell their goods on credit. Basically, it allows you to pull goods from other platforms you sell on and offer to your customers who will pay in installments. To access this service, all you need to do is to create an account as a merchant on the platform, set up your store, activate a bank partnership, and receive payment.
2. For Schools
With the school offer, you gain access to an easy and flexible way of paying your school fees. This solution makes quality education accessible to all by making a flexible school fees payment plan. To access this service, follow the steps below:
1. First register your school to create unique links for parents
2. Encourage parents to apply for the offer via the links
Lastly, once the platform approves your offer, you will receive payments.
3. For finance partners
Basically, the platform partners with bodies like banks and fintech companies. For partners, they help them to fund and access credit ecosystems at good unit economics. To gain access to this offer, just register your business on the platform.
Basically, the three services above are what CreditClan specializes in. Here are some of the things to consider before taking a loan.
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How can I register on CreditClan?
To register on the platform, follow the steps below:
1. Log into their official website, www.creditclan.com
2. Next, click on the ‘Sign Up’ toolbar.
3. Select your preferred sign-up option. You can either sign up as a merchant, school, or finance partner.
Lastly, input important details about your business and signup fully.
Read also: LENCO – Everything you need to know
What are the requirements to sign up on CreditClan?
Below are the important details with the platform needs from you:
1. Your business name
2. Also, your business phone number
3. The name and category of your products (for merchants)
4. CBN license (For financial institutions)
5. Lastly, you need to create a strong password to secure your account from intruders.
Does CreditClan have a mobile app?
No, CreditClan does not have a mobile app yet. However, you can access all of their services through their official website, www.creditclan.com. Also, find out 5 common reasons why your loan application may be rejected.
How can I contact CreditClan?
Address: 1038b Ologun Agbaje Street, Victoria Island 106104, Lagos. Nigeria
Website: www.creditclan.com
Phone Number: 0905 353 5333
Email Address: support@creditclan.com
Bottom Line
CreditClan is a company that provides a platform that connects lenders and borrowers all over Africa. The company focuses on helping people access necessary services by offering them a flexible payment option. Also, they connect these consumers to merchants, schools, and businesses that are willing to provide credit to individuals. Essentially, the platform is easy to use, convenient and helpful.
Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.