Sharp Sharp Loan: Are You Eligible | Learn How to Apply in 2 Steps

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If you’re looking for a quick loan in Nigeria that offers easy access and flexible terms, Sharp Sharp Loan might be your preferred choice. This loan product is designed to cater specifically to Civil servants in the Federal and state space, providing them with the financial assistance they need without the hassle of complex requirements.

CreditDirect is a reputable lender that has simplified the loan application process for government workers through its ‘Sharp Sharp Loan.’ This loan product lives up to its name, offering quick disbursement with no collateral requirements or excessive paperwork. While it’s tailored to government workers, if you’re employed in a private organization, don’t worry! CreditDirect has other loan products to cater to your needs, such as ‘Cash to Go.’

2. Understanding Sharp Sharp Loan

The Sharp Sharp Loan is designed to provide hassle-free financial assistance to government workers. Whether you need funds for emergencies, personal expenses, or any urgent situation, this loan product has got you covered. The process is simple – all you need is a few clicks on CreditDirect’s website, and the loan amount will be promptly transferred to your bank account.

3. Advantages of Using Loan Code

For individuals living in areas with poor network coverage or those without access to smartphones, CreditDirect has introduced the ‘Loan Code.’ By dialing *5120# on any phone, you can easily apply for the loan and receive the funds directly in your bank account. The convenience and accessibility of the loan code make it a popular choice among many.

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How to Get a Sharp Sharp Loan

Getting a Sharp Sharp Loan is a straightforward process, designed to prepare you for unexpected financial needs. Here’s a step-by-step guide to obtaining this loan:

  1. Apply for a Loan: Start by making a loan request from your unique dashboard on the CreditDirect website.
  2. Document Review & Underwriting: Fill out the Know Your Customer (KYC) form to determine your eligibility.
  3. Get Funded: After successful verification, the funds will be disbursed directly to your bank account.

Features & Benefits

The Sharp Sharp Loan comes with a host of features and benefits to make your borrowing experience smooth and convenient:

  1. Convenient and Hassle-free: The loan process is user-friendly, making it easy to access funds when you need them the most.
  2. Unsecured Loans: No collateral is required to avail of this loan, reducing the burden of providing valuable assets as security.
  3. Flexible Repayment: Enjoy a wide range of repayment channels and select a period of up to 36 months to repay the loan.
  4. Loan Amount: Borrow anywhere between N18,000 to N2,500,000 to cater to various financial needs.
  5. Insurance Cover: All personal and emergency loans come with insurance coverage for life and hospitalization.
  6. Loan Top-up: If you need additional financing during your loan tenure, Sharp Sharp Loan offers a top-up option.

Eligibility Criteria

To be eligible for a Sharp Sharp Loan, you need to fulfill the following criteria:

  1. Have a staff Identification card.
  2. Live and/or work in Lagos State.
  3. Be between 22 and 58 years old.
  4. Possess a clean Credit Bureau Report.
  5. Have no history of returned cheques in your account.
  6. Possess a verifiable monthly income and pension statement.
  7. Run an account (Current or Savings) with a commercial Bank in Nigeria.
  8. Present one recent passport photograph (within the last 6 months).
  9. Possess a valid Proof of Identification (current ECOWAS Passport, National Identification, Driver’s License, or Voters ID).
  10. Present NUBAN Cheque leaves for the duration of Loan/Activated direct debit mandate.
  11. Provide a salary bank statement for the last 3 months (must be stamped by the bank). Your bank can send it directly to CreditDirect.
  12. Send a letter of Employment, Confirmation, Promotion, Redeployment, Salary Increase, or Introduction Letter from Employer’s HR to CreditDirect.
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How to Apply for Sharp Sharp Loan

There are two simple methods to apply for the Sharp Sharp Loan:

Through the Website:

  1. Visit CreditDirect’s website and click on the “Sharp Sharp Loan” button.
  2. Fill in your details as required.
  3. Click on “Apply Now.”
  4. Wait for a company representative to contact you and initiate the loan processing.
  5. The loan disbursement may take up to 24 hours.

Using the Loan Code:

  1. Dial *5120# on your phone.
  2. Follow the instructions provided.
  3. Ensure you apply with the SIM card connected to your bank account.
  4. The loan amount will be deposited directly into your bank account.

6. Loan Amount and Repayment Terms

The loan amount you can obtain through the Sharp Sharp Loan is based on your monthly salary. For example, if your monthly salary is #100,000, the maximum loan amount you can receive is #60,000. The repayment period ranges from 1 month to 12 months, depending on the loan amount you secure.

7. CBN Approval and Security

CreditDirect is a reputable lender approved by the Central Bank of Nigeria (CBN). This approval ensures that the company operates within regulatory guidelines, and you can be confident that your financial transactions are secure. Before your loan application is approved, you will also have a phone conversation with their representative.

8. Loan Repayment Methods

Repaying your Sharp Sharp Loan is convenient and hassle-free. You can use your ATM card for repayment, or you may contact CreditDirect to obtain their account number and make a direct deposit.

9. Contact Information

For any inquiries or assistance, you can reach out to CreditDirect through the following channels:

  • WhatsApp: 09070309430
  • Email:
  • Physical Address: 48/50 Isaac John Street, GRA, Ikeja, Lagos, Nigeria.
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10. FAQs about CreditDirect and Sharp Sharp Loan

Q1. How does work? A: To access CreditDirect’s loan products, simply visit their website and apply. They offer various loan options, including personal loans, salary loans, and small business loans.

Q2. What types of loans are available on A: CreditDirect provides personal loans, salary loans, and small business loans.

Q3. What are the requirements for applying for a loan on A: You need to be a Nigerian citizen and submit a copy of your ID card.

Q4. How long does it take to get a loan on A: Within 24 hours, you will receive your loan amount.

Q5. What is the interest rate for loans on A: The interest rate ranges from 5% to 35%, depending on your credit history.

11. Conclusion

In conclusion, obtaining a loan from CreditDirect, especially the Sharp Sharp Loan, can be a great financial solution for government workers. The streamlined application process, quick disbursement, and accessible loan code make it an attractive choice. Remember to check your eligibility and provide the required documents to increase your chances of securing the loan. With CreditDirect’s CBN approval and efficient customer service, you can trust them to support you during financial emergencies without any hassle or delays. So, don’t hesitate to apply for the Sharp Sharp Loan and ease your financial worries today!



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