TrueLoan-Quick Naira Cash 1.0.0

TrueLoan offers a convenient and stress-free solution for individuals seeking loans. With flexible terms and reasonable interest rates, TrueLoan provides a user-friendly experience for borrowers.

Product Introduction:

• Loan Term: 91 days - 180 days
• Loan Amount: 1,000 NGN - 50,000 NGN
• Interest Rate: Daily interest ranges from 0.04% to 0.08%, with a maximum APR of 29.2% per year
• Other fees: One-time processing fee (per transaction) is free

Example Calculation:

If you choose a lending amount of 10,000 NGN and a daily interest rate of 0.042%, for a loan term of 180 days, the interest charged on the due date would be 756 NGN. The total repayment amount would be 10,756 NGN, with a monthly payment of 1792.6 NGN.

• Total interest: 10,000 * 0.042% * 180 = 756 NGN
• Monthly payment: (10,000 + 756) / 6 = 1792.6 NGN

Why Choose TrueLoan?

1. No need for credit deposits or collateral; loans can be applied for based on your credit standing.
2. Paperless and digital application process that can be completed entirely online via your mobile device.
3. Guaranteed protection of consumer information and user privacy; all data and transactions are secure.
4. Timely reminders for loan repayment to avoid any inconvenience.
5. Dedicated customer service ready to assist users with any concerns or questions they may have.

Eligibility

• Open to Nigerian residents aged 20-55.
• Applicants must have a stable job or a reliable source of income.
• A working bank account is required.

Contact Information:

• Email: [email protected]
• Address: 115, Mado Street, Tudun Wada, Plateau State