---
title: "Palmcredit: Personal Loans and Credit Line"
description: "Get instant mobile loans in Nigeria: borrow ₦2,000–₦100,000 (from 8% interest) and repay in installments over 12–26 weeks via online/offline."
canonical_url: "https://liners.com/palmcredit"
markdown_url: "https://liners.com/palmcredit.md"
type: "product"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/tools/web-3/screenshot.webp?v=1779899395285"
published_at: "2026-05-28T13:07:18.256Z"
updated_at: "2026-08-31T05:10:19.320Z"
---

# Palmcredit: Personal Loans and Credit Line

Get instant mobile loans in Nigeria: borrow ₦2,000–₦100,000 (from 8% interest) and repay in installments over 12–26 weeks via online/offline.

## Breadcrumbs

- [Fintech](/categories/fintech)
- [Palmcredit](/palmcredit)

## Summary

Get instant mobile loans with flexible installment repayment

A Nigeria-focused digital lending app that offers instant personal loans and a virtual credit line, with fast approval, bank disbursement, and installment repayments.

## Product details

| Field | Value |
| --- | --- |
| Website | https://web.newedgefinance.com/palmcredit-en.html |
| Tagline | Get instant mobile loans with flexible installment repayment |
| Primary country | Nigeria |
| Platforms | Android, Web |
| Average rating | 3 |
| Published reviews | 2 |
| Verified listing | No |

## About the product

Palmcredit is a Nigeria-focused digital lending product operated by **Newedge Finance Limited**, built for individual consumers who need fast, short-term, unsecured loans through a mobile-first process.

Key capabilities include:
- **Instant personal loans on mobile**, with loan access within minutes and website-listed amounts ranging from **₦2,000–₦100,000** (the site also cites a **₦2,500–₦100,000** range).
- **Virtual credit card-style credit line**, where users apply for a credit limit once and can take multiple loans up to that limit without repeating full approval steps.
- **Flexible installment repayments**, with repayment available through **online or offline channels** and website-listed loan terms of **12–26 weeks**.
- **Credit limit updates based on repayment**, where on-time repayment updates credit scoring and can increase available borrowing up to **₦100,000**.

Available on **Web** (informational and loan access entry point) and **Android**.

Targeted at **Nigerian residents** seeking quick, collateral-free mobile loans for emergencies and everyday expenses.

Notable in Nigeria’s digital credit market for combining a repeat-borrowing **credit line** model with fast disbursement and installment repayment options; the website also reports **3000K+ downloads**, **2000K+ registered users**, and **12300M+ money disbursement** (as stated on its public pages).

## Features

- [Fintech](/categories/fintech): Category
- [B2C](/tags/b2c): Product feature or technology
- [Lending and Loans](/tags/lending): Product feature or technology
- [Nigeria](/countries/nigeria): Market

## Related pages

- [Alternatives](/palmcredit/alternatives)
- [Reviews](/palmcredit/reviews)
- [Transparency](/palmcredit/transparency)

## Access and citation

- [Canonical HTML page](https://liners.com/palmcredit)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)