Question 1

What is PremierCredit and how does it work?

Accepted Answer

PremierCredit is a Zambian fintech platform that lets individuals and small businesses access instant personal and business loans, make and receive payments through a digital wallet, buy insurance, and invest in peer-to-peer lending. You apply for loans or invest online or via mobile, and Premiercredit handles onboarding, credit assessment, disbursement, repayments, and investor returns through its digital systems and mobile money/bank partnerships.

Question 2

How much does PremierCredit cost?

Accepted Answer

PremierCredit does not publish a standard price list or subscription tiers. Loan costs are based on interest and fees specific to each loan product, and investor returns are interest based, so you see applicable rates and charges during the loan or investment process.

Question 3

What countries does PremierCredit operate in?

Accepted Answer

PremierCredit primarily operates in Zambia, where it is headquartered, and also has verified operations in Zimbabwe. Through its peer-to-peer investment and microlending activities it serves borrowers and investors across parts of Sub-Saharan Africa and other emerging markets in Southern Africa.

Question 4

How do I sign up for PremierCredit?

Accepted Answer

You can sign up for PremierCredit by registering on the Premiercredit website or by downloading the mobile app and creating an account with your personal details. For loans you may need to provide documents such as a valid ID, recent payslip, bank statement, and an employer introduction letter, which can be uploaded online during the application process.

Question 5

Does PremierCredit have a mobile app?

Accepted Answer

Yes, PremierCredit is available on iOS and Android. You can download Premiercredit on the App Store for iPhone, or get it on Google Play for Android.

Question 6

Who is PremierCredit best suited for?

Accepted Answer

PremierCredit is best suited for underbanked individuals, small traders, and SMEs that need quick access to short term finance, everyday payments, and basic insurance. It is also suitable for investors who want to fund loans in emerging markets and earn interest through a peer-to-peer lending model.

Question 7

How do I contact PremierCredit support?

Accepted Answer

You can contact PremierCredit support by emailing customercare@premiercredit.co.zm. Additional contact options may be available through the website and in the mobile app.

Question 8

Does PremierCredit have a plan for teams or businesses?

Accepted Answer

Yes, PremierCredit offers products that serve small and medium sized businesses, including business loans and trade finance for SMEs and small traders. These business-focused services make it suitable for teams or businesses that need working capital and transactional services rather than individual-only use.

Question 9

Does PremierCredit offer an API or integrations?

Accepted Answer

PremierCredit does not advertise a public developer API. It does offer integrations with mobile money providers and banks, for example access via USSD short code *559# and partnerships with services like Airtel Money and Zamtel Mobile Money.

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