Nigerians have discovered various ways to make money online. There are numerous online income streams available, including sports betting, online investments, news reading, blogging, and many more.
Other streams began to appear as time passed. You’d be hard-pressed to find anyone with a smartphone who isn’t making money online. Almost everyone has turned into a fund miner online.
CrowdyLoan is a platform where members lend money to one another in exchange for a commission.
You must pay N1,000 to become a member of CrowdyLoan.
CrowdyLoan claims that members can earn up to N160,000 from their N1,000 membership in just one month.
CrowdyLoan 2021 Review
According to CrowdyLoan, by moving from level to level, you can earn up to N160,000 in one month from a one-time payment of N1,000.
Your earnings on the platform are determined by these levels.
CrowdyLoan offers six lending levels. Every member is required to begin at Level 1.
As a new member, you cannot advance to higher levels without first completing Level 1.
Allow me to explain.
Level 1: For this level, you must make a N1,000 loan and receive N5,000 in 5 minutes.
Level 2: For this level, you must make a loan of N5,000 and receive N10,000 in two days.
Level 3: For this level, you must make a loan of N10,000 and receive N20,000 in four days.
Level 4: For this level, you must make a loan of N20,000 and receive N40,000 in 6 days.
Level 5: For this level, you must make a loan of N40,000 and receive N80,000 within 8 days.
Level 6: For this level, you must make a loan of N80,000 and receive N160,000 within 10 days.
Adding up all of these numbers, you will earn a total of N160,000 in 30 days from your one-time investment of N1,000. Let’s see how you can get started with CrowdyLoan.
When did CrowdyLoan first become available?
I’m not sure when CrowdyLoan, a peer-to-peer lending platform, was launched, but based on my research, it could have been in the early months of 2021.
This means it has already lasted a few months and may no longer be safe to enter. Use your money wisely!
How much money do I need to start using CrowdyLoan?
As previously stated, you only need N1,000 to get started with CrowdyLoan. You don’t have to spend a fortune to become a verified member on CrowdyLoan.
How much money can I expect to make from CrowdyLoan in a month?
On CrowdyLoan, you can earn up to N160,000 in a month, and multiples of that later. This is only with your initial payment of N1,000.
How do you get started with CrowdyLoan?
To get started with CrowdyLoan, just follow these three simple steps. I’ll go over these steps and how to do them here.
1. Register for a CrowdyLoan account.
To begin, go to the CrowdyLoan website and create or register a new account. You will be asked to provide some information or details about yourself.
Following that, you will be instructed to confirm some of the information you must have provided, such as your phone number and email address.
This is required to validate your CrowdyLoan account/profile.
2. Fund your CrowdyLoan.com account to the tune of N1,000.
Following that, you must activate your verified account with a N1,000 token. This N1,000 will be used to make a loan to another member who is in need.
As a result, you will be merged with any member who requires it.
3. Get N5,000 in 5 minutes.
You will be given N5,000 within 5 minutes after your payment to the other member has been approved. Following withdrawals, You have the option to upgrade or not. It is entirely up to you.
Is CrowdyLoan a Scam or a Legit Site?
To be honest, anything that appears to be too good to be true is usually a scam. One of these is CrowdyLoan.
The levels are too appealing and may crash soon.
CrowdyLoan claims that by lending money to other members on the platform, you can make N160,000 from N1,000 in 30 days.
What if no one wants to borrow money? How will you make money as a lender on the platform then?
Aside from that, CrowdyLoan claims you can get N5,000 for lending N1,000 in 5 minutes. That does not appear to be possible.
Where is the N5,000 going to come from? If this is true, it is safe to conclude that CrowdyLoan is a Ponzi scheme.