Adxcredit Mobile

ADX Credit is a digital lending and investment platform that provides eligible users in Nigeria with secure access to personal loans, investment services, and account management tools through a convenient mobile experience.

FEATURES
• Apply for personal loans digitally
• Complete secure identity verification and KYC processes
• Review loan terms before application submission
• View repayment schedules and loan obligations
• Track loan applications and repayment activity
• Monitor investment activity and account performance
• Access customer support and account assistance
• Manage your account securely from anywhere

LOAN INFORMATION
ADX Credit is committed to responsible lending and transparent disclosure of loan obligations.

Before submitting a loan application, users can review:
• Loan Amount
• Loan Duration
• Monthly Interest Rate
• Annual Percentage Rate (APR)
• Processing Fees
• Management Fees
• Applicable Taxes
• Monthly Repayment Amount
• Total Interest Payable
• Total Repayment Amount
• Repayment Due Dates

Loan approval is subject to identity verification, eligibility requirements, affordability assessment, and internal credit evaluation.

GENERAL LOAN TERMS
• Minimum Loan Amount: ₦200,000
• Maximum Loan Amount: ₦5,000,000
• Loan Duration: Minimum 91 days (3 months) to 12 months
• Monthly Interest Rate: 7.5%
• Processing Fee: 2.5%
• Management Fee: 2.5%
• Maximum APR: Up to 95% per annum, inclusive of interest and applicable fees
• Late Payment Charge: 1% per day on overdue obligations

All applicable fees, charges, repayment obligations, and repayment schedules are disclosed before loan acceptance.

EXAMPLE LOAN SCENARIO (REPRESENTATIVE EXAMPLE)
• Loan Amount (Principal): ₦200,000
• Loan Duration: 3 Months (91 Days)
• Monthly Interest Rate: 7.5%
• Total Interest (7.5% x 3 months): ₦45,000
• Processing Fee (2.5%): ₦5,000
• Management Fee (2.5%): ₦5,000
• Total Fees and Interest: ₦55,000
• Total Repayment Amount: ₦255,000
• Sample Monthly Payment: ₦85,000
• Maximum APR: Up to 95% per annum, inclusive of interest and applicable fees

Actual loan terms, approval limits, repayment schedules, fees, charges, and applicable rates may vary based on eligibility, verification status, internal risk assessment, and lending policies.

INVESTMENT SERVICES
Eligible users may access investment opportunities through the platform and monitor investment activity, maturity dates, expected returns, and account performance.

Investment terms, maturity periods, payout schedules, and applicable conditions are disclosed before investment confirmation.

Investment maturity payments are generally processed on the next business day following maturity.

SECURITY AND COMPLIANCE
ADX Credit implements identity verification, fraud prevention controls, secure account management, and responsible data handling practices designed to support secure digital financial services.

ADX Credit Limited is a Digital Money Lender registered with the Federal Competition and Consumer Protection Commission (FCCPC).

ADX Credit Limited is registered with the Nigeria Data Protection Commission (NDPC) as a Data Controller/Processor of Major Importance under the Nigeria Data Protection Act (NDPA) 2023.

ADX Credit has completed and filed its statutory Data Protection Compliance Audit Returns and remains committed to protecting customer information in accordance with applicable laws and regulations.

The platform is intended for eligible users seeking responsible digital lending and investment services in Nigeria.