Fitloan App Review: Is Fitloan App Legit As Claimed?

Fitloan App Review: Is Fitloan App Legit, Is Fitloan App Approved By CBN?

FitLoan is said to be a reliable partner for cash loans that provides non-collateral online loan services to all borrowers. 

It offers an instant service through its app called Fitloan – (Original SpeedLoan), which you can download from Google Play. The app allows you to access the loan service conveniently. 

We’ve seen search results where people are asking two most important questions, they are: “Is Fitloan app legit“, “Is Fitloan approved by CBN“?. These questions are crucial to be asked by borrowers who want to prevent themselves from falling victim to disguising loan scammers.

However, at b4loan, a reputable loan apps review portal, we’ve taken our time to write about the Fitloan app review. This fitloan app review contains guidelines which will help you in making an informed decision.

Always understand that we do not promote any loan app, rather, we’re here to help individuals anxious of getting loans online.

Are you ready to get started exploring the fitloan app review? If affirmed then let’s delve in right now.

Fitloan App Review: Is Fitloan App Legit, Is Fitloan App Approved By CBN?

Fitloan App Review: Is Fitloan App Legit, Is Fitloan App Approved By CBN?

Is Fitloan App Approved By CBN?

Discovering the fact that proves the legitimacy of fitloan app by a user is narrow.

Why?, as at the time this fitloan app review was written, there has not been much information which confirmed their CBN approval, even on their official website.

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However, from our thorough research, we were able to find a link to the FCCPC website where names of about a thousand CBN approved loan apps were listed. 

FCCPC

Note: FCCPC is a government website. FCCPC is an acronym for Federal Competition & Consumer Protection Commission. 

Here is the FCCPC web page which proves the legitimacy and authenticity of the fitloan app.

This alone should convince you that Fitloan operates legitimately. 

Not done yet, there are more proofs, these can be found in the answer to “Is Fitloan app legit”?.

Is Fitloan App Legit As Claimed?

Yes, fitloan app is legit.

Here are reasons:

Approval by CBN: The Fitloan app is reportedly approved by the Central Bank of Nigeria (CBN). 

This approval indicates that the app meets the necessary regulatory requirements and standards set by the CBN.

Positive Ratings: The Fitloan app has received a rating of 4.3 out of 5 on the Google Play Store. 

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This indicates that a significant number of users have had a positive experience with the app and have found it useful for their borrowing needs.

User Reviews: With 9.8k user reviews, the Fitloan app has garnered feedback from a substantial number of users. 

These reviews can provide valuable insights into the experiences of other borrowers and help you make an informed decision about using the app.

High Number of Downloads: The Fitloan app has been downloaded over 583k times from the Google Play Store. 

This suggests that the app has gained popularity among users and has been widely adopted for obtaining loans. 

Fitloan App Requirements

The Fitloan app has the following requirements:

Age: You need to be between 18 and 60 years old.

Identification: You must have at least one government-issued ID.

Bank Account: You need to have a valid bank account.

Nigerian Residency: The app is available for Nigerian residents.

Bank Account: You must have a bank account where the money will be disbursed into.

Bvn: You must be willing to provide your bvn (bank verification number).

Now, let’s explore the fitloan app interest rate.

FitLoan App Interest Rate

The Fitloan app offers personal loans with fixed interest rates. 

The interest rates for Fitloan app loans range from 8.99% to 23.99%.

Fitloan app download

You can download the Fitloan app from various sources. Here are some options:

Fitloan (Original SpeedLoan): This app is available for download on Google Play Store. 

It provides instant service for loans.

FT Loan APK: This is another online credit Fitloan Download APK: You can download Fitloan for free on Android phones and tablets. 

It is available on APKProZ, which provides the top-rated and recently updated Android apps of the month.

 How Much Can I Borrow From Fitloan App?

With fitloan app, you can borrow as much as N600,000 but take note that the requirements must be met before you can successfully get the loan.

How To Apply For Fitloan Easily In 2023

In this step, let’s show you the guide on how to apply for fitloan easily:

Gather your information: Before starting the application process, make sure you have all the necessary information handy.

This may include your personal details, employment history, Social Security Number, and any other relevant documents.

Download the Fitloan app: You can download the Fitloan app from the official website or through trusted app stores like the Google Play Store. 

Look for the Fitloan app and click on the download button to install it on your device.

Complete the fitloan application form: Once you have downloaded the Fitloan app, open it and fill out the loan application form. 

You need to provide accurate and up-to-date information as requested in the form. 

This may include your personal details, financial information, and loan amount you wish to borrow.

Submit required documents: During the application process, you may be required to submit certain documents for verification purposes. 

The Fitloan app provides a feature where you can take a picture of your KYC (Know Your Customer) documents and other relevant documents and send them through the app.

Wait for evaluation: After submitting your application and required documents, you will need to wait for the evaluation process. 

The Fitloan app will assess your application and determine your eligibility for the loan. 

This evaluation process is usually fast and efficient.

Choose your loan terms: If your application is approved, you will receive loan offers based on your eligibility. Review the loan terms, including the interest rate, repayment period, and any additional fees. 

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Choose the loan offer that best suits your needs and financial situation.

Accept the loan offer: Once you have selected the loan offer, carefully read and understand the terms and conditions. If you agree with the terms, you can accept the loan offer through the Fitloan app.

FAQs | Frequently Asked Questions

The following entail related frequently asked questions on Fitloan app review, is fitloan app legit, is fitloan app approved by CBN, fitloan app download, and how to apply for fitloan app easily with answers respectively:

Fitloan app review: Is fitloan app legit or scam? 

Fitloan app is not a scam, as per the details provided in this review.

This review shows and proves the legitimacy of the loan app.

Fitloan application: How do I apply for fitloan?

To apply for Fitloan, you can follow these steps:

Gather your information: Before starting the application process, make sure you have all the necessary information handy.

This may include your personal details, employment history, Social Security Number, and any other relevant documents.

Download the Fitloan app: You can download the Fitloan app from the official website or through trusted app stores like the Google Play Store.

Look for the Fitloan app and click on the download button to install it on your device.

Complete the application form: Once you have downloaded the Fitloan app, open it and fill out the loan application form. 

Provide accurate and up-to-date information as requested in the form. 

This may include your personal details, financial information, and the loan amount you wish to borrow.

Submit required documents: During the application process, you may be required to submit certain documents for verification purposes. 

The Fitloan app provides a feature where you can take a picture of your KYC (Know Your Customer) documents and other relevant documents and send them through the app.

Wait for evaluation: After submitting your application and required documents, you will need to wait for the evaluation process.

 The Fitloan app will assess your application and determine your eligibility for the loan. 

This evaluation process is usually fast and efficient.

Choose your loan terms: If your application is approved, you will receive loan offers based on your eligibility. Review the loan terms, including the interest rate, repayment period, and any additional fees. 

Choose the loan offer that best suits your needs and financial situation.

Accept the loan offer: Once you have selected the loan offer, carefully read and understand the terms and conditions.

 If you agree with the terms, you can accept the loan offer through the Fitloan app.

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