Truemoney Personal Loan App Review, how to apply and requirements

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Truemoney is a personal and safe loan service app in Nigeria. With Truemoney, no need to borrow from friends which can ruin friendship as you can have access to up to loan of NGN100,000 Instantly in case of emergency.

The information provided in this article concerning this app is based on information available from the owners of the app.

◉Benefits Truemoney offer:

1 Loan amount from ₦10,000 to ₦100,000.

2 Repayment from 91days to 365days.

3 Easy to get safe loan.

 

-Interest rate: Annual Percentage Rate(APR) from 24% to 56%

Example:

If the loan amount is NGN5,000, the loan term is 180days, and the interest rate is 12%, the total interest should be NGN5,000*12%= NGN600. The total repayment amount would be NGN5,000+ NGN5,000*12%= NGN5,600.

 

◉How to apply for loan:

1 Download Truemoney app.

2 Register an account with phone number.

3 Fill out basic information and submit loan application.

4 Receive your loan straight into your bank account.

 

◉Eligibility For Applying For And Getting Truemoney Loan:

1.Nigeria resident.

2.18-60 years old.

Feedbacks From Users Of Truemoney Loan App

Many users of Truemoney loan app comment that the app works well in terms of being fast.

However, some users of the app complain of high interest and other hidden charges as well as delays in disbursing loans to them.

◉CONTACT Truemoney

• They are available 24/7 to assist you with your request

• Service Email: [email protected]

  1. • Truemoney Office Address: Oshodi pedestrian Overpass, Ilupeju 5255, Ikeja, Nigeria

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