TrueLoan is an online loan service in Nigeria, providing convenience to borrowers with a digital process, competitive interest rates, and dedicated customer care.
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Welcome to TrueLoan – the unique financial app that takes you through a safe and convenient cash lending experience in Nigeria. TrueLoan is committed to maintaining a diverse partner database, providing attractive financial options to help you quickly resolve any financial situation. Clear information on interest rates and fees assists you in making informed decisions. Furthermore, with flexible repayment times and transparency, TrueLoan App is not just a financial partner but a reliable companion in every situation. Begin your new financial journey today.

Pros and Cons of the App


  • TrueLoan is committed to offering a variety of cash lending options from a diverse partner database.
  • Ensures safe and fast direct transfers of funds to the customer’s bank account.
  • Provides detailed information on interest rates, fees, and terms to support customer decisions.
  • Allows customers to choose repayment periods and extend loans if facing financial difficulties.
  • TrueLoan is a flexible companion with friendly services and utilities.
  • Dedicated customer care services help address customer queries.
  • Simple and convenient interface for easy financial management.
  • Prioritizes the security of information, ensuring safety in every financial transaction.


  • Limited customer scope, not supporting island and border areas.
  • Interest rates may be higher compared to banks and some other organizations or apps.
  • Limited diversity in loan packages and borrowing limits for customer choices.
  • Restrictions on eligibility criteria, making it difficult for some customers to qualify.

Product Loans on TrueLoan App

  • Loan amount: From 1,000 NGN to 50,000 NGN
  • Loan duration: From 91 days to 180 days
  • Daily interest rate: From 0.04% to 0.08%
  • Maximum APR: 29.2% per year
  • One-time processing fee is free for each transaction

Example Loan

For a loan amount of 10,000 NGN, daily interest rate of 0.042%, and a term of 180 days, the calculation is as follows:

  • Total interest amount: 10,000 * 0.042% * 180 = 756 NGN
  • Monthly payment amount: (10,000 + 756) / 6 = 1,792 NGN

Conditions for Loan Participation

To participate in borrowing from TrueLoan, customers need to meet specific conditions, including:

  • Age requirement: 20 years and above, Nigerian citizen
  • Valid national ID and residential address
  • Stable income and employment for repayment capability
  • Use of a bank account and accurate information provision
  • Agreement with TrueLoan’s terms and conditions before registration

How to Use TrueLoan App

Step 1: Download the TrueLoan APK/IOS app from Alternatively, customers can quickly register for a loan on the website.

Step 2: Click on the “Register” button below the TrueLoan logo to go to the loan profile registration page. Enter your phone number and confirm the registration code.

Step 3: Confirm personal information and take pictures of both sides of your national ID card, as well as a portrait photo.

Step 4: Supplement personal information and provide details of 3 references (phone number, name, relationship).

Step 5: Fill in company information (if applicable), confirm the OTP code to proceed. Then, enter bank account information, confirm the loan amount, and submit the loan application.

Step 6: Wait for the loan application evaluation from the app. Receive money from TrueLoan if your loan application is successfully approved.

Note: The usage of the TrueLoan app may change in the future; customers should access the app for updates. Additionally, provide accurate information to receive support for the highest loan limit.

Payment on TrueLoan App

The loan repayment process on the TrueLoan App includes the following steps:

  1. Log in to your account.
  2. Select the loan you want to repay.
  3. View detailed information and the due date.
  4. Choose the payment method (bank, credit card, e-wallet).
  5. Confirm and proceed with the payment.
  6. Receive payment confirmation via the app or email.
  7. Check the payment history to ensure accurate recording of transactions.

For the most detailed and accurate information, refer to the user guide or contact customer support within the app.

Contact Information and Customer Support

  • Service Email: [email protected]
  • Address: 115, Mado Street, Tudun Wada, Bang Plateau, Nigeria.

If you have any questions, feedback, or concerns, feel free to contact TrueLoan. Customer care representatives are ready to assist you.

Benefits of Registering with TrueLoan

  • Register with personal credit, no need for a deposit or collateral.
  • Digital process, paperless, and online execution on your phone.
  • Protection of personal information and user privacy.
  • Loan repayment reminders via text messages.
  • Customer service ready to help resolve issues.


TrueLoan – A flexible and convenient financial app, providing customers with a quick and secure cash lending experience. Diverse financial options, transparent information, and flexible repayment times make TrueLoan a reliable partner in addressing financial needs. Convenience, dedicated customer care, and user-friendly interface make TrueLoan an attractive choice for those seeking short-term financial solutions.

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