Lifeline Loan App Your Quick Cash Solution
Need money fast? Lifeline offers safe and convenient online loans of up to ₦300,000 directly to your account in minutes.
As a Nigerian-based platform, we understand your financial needs and provide a hassle-free borrowing experience.
Lifeline Loan App Customer Care Services
Here are the different ways you can easily contact Lifeline Loan App customer care support like Ultracash, Newcredit and Futurecash.
1. Lifeline Contact Phone Number
Official Call Line: +2349049008610
2. Lifeline Email Address
Email: liifeline@outlook.com
3. Lifeline Office Address
Address: 77 awolowo way , ikeja Lagos
Lifeline Loan Eligibility
To qualify for a Lifeline loan, you must:
- Have a valid Nigerian bank account
- Be at least 18 years old
- Be a Nigerian resident
- Possess a valid government-issued ID
How to Apply Lifeline Loan
1. Download the Lifeline App: Get started by downloading our app from the app store.
2. Complete the Application: Fill out the required information in the loan application form.
3. Quick Approval: We’ll review your application promptly.
4. Funds Disbursed: Approved loans are disbursed directly to your bank account.
Lifeline Loan Fees and Charges
- Loan Amount: ₦3,000 – ₦300,000
- Service Fee: 0.1% – 0.35% of the loan amount per day
- Interest Rate: Maximum Annual Percentage Rate (APR) of 20%
- Repayment Period: 91 – 365 days
Example:
For a ₦20,000 loan with a 150-day repayment period, assuming a daily service fee of 0.14%:
- Total service fee: ₦20,000 * 0.14% * 150 days = ₦42
- Total interest: ₦20,000 * (20%/365) * 150 days ≈ ₦1,643.84
- Total amount due: ₦20,000 + ₦42 + ₦1,643.84 = ₦21,685.84
Answers To Frequent Asked Questions About Lifeline Loan App
Here are the questions and answers.
1. Is Lifeline a Legit Loan App?
Yes, Lifeline is a legitimate online lending platform licensed to operate in Nigeria. We offer safe and reliable personal loans to individuals in need of financial assistance.
Their commitment to transparency and customer satisfaction sets us apart.
2. What is a LifeLine loan?
A Lifeline loan is a fast and easy way to access cash when you need it most.
Whether it’s an unexpected bill or a sudden expense, their short-term loans can help you bridge the gap until your next payday.