Tloan is an Android application that is an online lending service. This utility allows you to get money from the comfort of your own home. You can read the loan conditions and interest rates.
Loan
This app offers online loans from 2000 to 10000 Naira. Applications are welcome at any time of the year. All you need to do is register with your phone number and fill in your personal details. The service does not require a lot of documents and paperwork.
Tloan allows you to apply even if you have no credit history or formal employment. The only requirement is that the borrower is of legal age. It is also worth noting that loans are granted to Nigerian citizens.
The application process takes several hours. If approved, the money is immediately credited to the bank account provided. The Fadhili loans service works in a similar way.
Terms and conditions
The official website has a guide on how to complete the application. By selecting a specific amount and repayment period, the service calculates the interest rate. Currently, the loan can be taken out for a period of 3 months to a year. The interest rate ranges from 12 to 30 percent.
A payment schedule is available in your personal account. A late payment fee will be charged automatically. Please be careful to deposit funds on time.
Features
- application allows Nigerian residents to apply for a loan online;
- there is an option to choose the amount and repayment period;
- timely repayment affects the limits and interest for the following credit;
- app is free to download and use;
- compatible with current versions of Android.
