True Loan

True Loan is a digital loan platform for individuals in Nigeria who need short-term personal loans and want to apply online.

Key features include:

• Online application in four steps: register with a phone number and OTP verification, enter basic information, submit the application, then receive funds after approval.
• Defined loan amounts and terms: advertised loan amounts up to ₦200,000 with a 90 to 365 day loan term.
• Stated pricing ranges: advertised interest as low as 0.04% per day and service fees as low as 0% (rates and fees depend on approval outcomes).
• Faster disbursement after approval: the site states funds can be deposited within five minutes at the earliest.
• Account cancellation: an option to cancel an account, with a stated promise to erase personal information and loan records if cancellation conditions are met.

Available on Web and Android.

Target users are consumer borrowers (B2C) in Nigeria seeking an online loan application process with stated loan limits, term ranges, and fee disclosures.

Notable in Nigeria’s digital lending market context, the app store listing identifies the operator as Kudi Pally Tech Limited, includes an FCCPC approval number (FCCPC/DSE/INV/ML/450), and provides support contact details (support@kudipallyltd.com, +234 9012919381).