TrustLoan is a reliable loan app in Nigeria designed to provide quick and easy access to financial support. With transparent terms, flexible repayment plans, and a user-friendly interface, TrustLoan helps Nigerians manage their financial needs efficiently and responsibly.
Requirements:
1. Must be a Nigerian citizen.
2. Must be 18 years or older.
3. Must have a regular source of income.
Features:
1. Loans Amount: up to ₦1,000,000
2. Loan Tenure: 91 days ~ 360 days
3. The Annual Percentage Rate (APR): up to 20%
4. Service Fee: 6%
Example:
If the loan amount is ₦1,000,000 for 360 days, the APR is 10%, and the service fee is 6%:
– Daily interest rate = 10% / 365 = 0.027%
– Interest for 360 days = ₦1,000,000 * 0.027% * 360 = ₦97,200
– Service fee = ₦1,000,000 * 6% = ₦60,000
You will receive ₦1,000,000 and should repay ₦1,157,200(₦1,000,000 + ₦97,200 + ₦60,000).
Contact Information of trustloan:
Customer Service Email: [email protected]
Address: No. 21, Tiamiyu Savage Street, Victoria Island, Lagos,