A digital credit platform for Nigerians to get up to ₦500,000 in revolving credit, spend at 1000+ vetted merchants, and repay over time with daily APR interest.
Lucred Product Overview
Is Lucred Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Nigerian shoppers
- Pay over time purchases
What It Does Well
- Revolving credit line
- Up to ₦500,000 limit
Things to Check
- Eligible shopper requirements
- Merchant list fit
About Lucred
Lucred is a digital credit platform for individuals in Nigeria who want a flexible revolving credit line to pay for purchases online or in-store and repay over time.
Key capabilities include:
- Revolving credit lines up to ₦500,000 that can be used across 1000+ vetted merchants, including in-store purchases and third-party websites
- Fast application and approvals that analyze user data to provide decisions in minutes, without lengthy paperwork
- APR-based repayment with daily interest calculation, allowing users to settle dues anytime; the platform also rewards timely repayment with cash back and points
- Planning tools such as an interest calculator and budget calculator to help customers estimate costs and manage spending
Available on Android and iOS.
It targets B2C consumers seeking shopping credit and B2B merchants that want to offer buy-now-pay-later financing at checkout, operating through a B2B2C model.
Notable in the Nigerian market context, it operates as a fintech (not a bank) and provides credit services through licensed partners such as Grooming MFB (CBN and NDIC insured). It also supports a merchant program with 1000+ pre-signed merchants and positions a debit card as coming soon.
Lucred Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataAs of Nov 2, 2026, Lucred is rated 3.8 on the App Store from 12 reviews.
Recent Reviews for Lucred
Reviews reflect each reviewer's opinion. Companies cannot pay to alter or remove reviews. A verified review includes proof that Liners checked to an extent. Learn how reviews workNo reviews yet. Be the first to review this product.
Compare Lucred With Similar Products
Lucred Founders & Leadership Team
Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
Latest Lucred News & Updates
Liners collects product news from official company updates and trusted publications. We refresh coverage as new articles are published. How we source dataFrequently Asked Questions About Lucred
Lucred is a digital lending platform that provides a revolving credit line up to ₦500,000 for shopping at over 1000 merchants, functioning as a buy now pay later service. You download the app, sign up, apply for a credit limit, get approved in minutes, shop at partner stores online or in-person via QR code, and repay flexibly with low daily interest using an APR model.
Lucred features low interest rates between 3% and 5%, with daily interest as low as ₦17 to ₦20. There are no late fees or hidden fees.
Lucred operates in Nigeria.
Download the Lucred app, sign up, provide required details to apply for a credit limit, and get approved in 5 minutes.
Yes, Lucred is available on iOS and Android. You can download Lucred on the App Store for iPhone, or get it on Google Play for Android.
Is Lucred Your Product?
Claim this listing to keep its information fresh and reply to reviews.
Your brand here — First mover advantage looks good on you. Claim this spot now.
Your brand here