Tloan has presents itself as a loan app made for real Nigerian situations. It focuses on fast loans, flexible repayment, and simple requirements.
If you are searching for a reliable online loan app, this guide will help you understand how Tloan works before applying.
What Is Tloan?
Tloan is a digital loan app designed for Nigerians who need quick financial support. The company says its service helps with day-to-day needs like business restocking, medical emergencies, school fees, or festive expenses.
The platform works fully online. You do not need collateral, physical paperwork, or in-person verification. Everything happens on your smartphone.
Loan Features
Tloan offers flexible loan plans depending on your profile and repayment history. New users may start with smaller loan amounts, but the limit increases as you continue using the app.
Key loan features include:
- Loan Tenure: 91 to 365 days
- APR Range: 12% to 36%
- No hidden fees
- Fully digital application process
The repayment duration allows borrowers to plan their budget without pressure. This makes Tloan slightly different from many short-term loan apps with much shorter repayment periods.
Loan Cost Example
Here is a breakdown of how the repayment works:
If you borrow ₦800,000 for 6 months at 24% APR:
- Total interest = ₦96,000
- Total repayment = ₦896,000
- Monthly repayment = ₦16,000
No extra penalties or hidden charges are added when repayment terms are followed.
Who Is Tloan For?
Tloan targets everyday Nigerians. Users include:
- Business owners
- Traders
- Salary earners
- Students
- Parents
People often apply for Tloan when dealing with urgent needs such as:
- Hospital deposits
- Rent or home repairs
- Stocking shops or stores
- School fee deadlines
- Festival and event expenses
The app tries to address the realities many Nigerian households experience.
Requirements to Apply
To qualify for a Tloan loan, you must:
- Be a Nigerian resident
- Have a valid bank account
- Use a working phone number
- Provide BVN for identity verification
- Have proof of income or a source of earnings
Your loan approval depends on the information you provide and the financial data collected from your device.
How To Apply for a Loan on Tloan
The application process is simple, and most users complete it in a few minutes.
Steps to follow:
- Download the Tloan app from the Google Play Store.
- Create an account using your phone number.
- Provide basic personal and financial details.
- Verify your identity using your BVN.
- Submit your application for review.
- Receive the loan directly into your bank account once approved.
Some users may receive calls for verification. Approval can take as little as 30 minutes depending on your data and eligibility.
Tloan Customer Care
You can contact Tloan customer care service through:
- Tloan Phone number: +2349017130923 or 08142487514
- Tloan WhatsApp Number: 07054752770
- Tloan Email: tingoserviceng@gmail.com
- Office Address: Esomo Close, Toyin Street, Ikeja, Lagos
Support is also available in the app.
Is Tloan Legit?
Yes, the app is legit and the company has given loans to over a million Nigerians. You can download the app from play store as well as read users reviews.
However, note that, like any loan platform, you should read the terms carefully before accepting a loan. Borrow only what you can repay to avoid debt stress or reduced credit scores.
Frequently Asked Questions (FAQ)
Question: Does Tloan has whatsapp Number?
Answer: Yes, Tloan has a whats number which is 07054752770. You can chat them up and rest assured one of their agents will respond in a short time.
Question: Does Tloan has phone numbers?
Answer: Yes, they have 2 phone numbers for calls and messages. There customer care phone numbers are 09017130923 and 08142487514. Feel free to call them anytime for help resolve any issues you may have.
Final Words
Tloan is suitable for people who need fast financial support with flexible repayment terms. The app is easy to use and designed for real Nigerian needs. The loan interest rate is moderate compared to many similar platforms, and approval can happen quickly.
If you need a short-term financial solution and meet the requirements, Tloan may be a useful option.
