Question 1

What is True Loan and how does it work?

Accepted Answer

True Loan is a digital loan platform for individuals in Nigeria. You can apply online in four steps, register with your phone number and OTP, submit basic information, and receive funds after approval.

Question 2

How much does True Loan cost?

Accepted Answer

True Loan advertises loans from ₦10,000 up to ₦200,000, with terms from 90 to 365 days. It also advertises daily interest from 0.04% to 0.09% and service fees from 0% to 3%.

Question 3

What countries does True Loan operate in?

Accepted Answer

True Loan operates exclusively in Nigeria.

Question 4

How do I sign up for True Loan?

Accepted Answer

To sign up, enter your mobile phone number, verify with the OTP code, fill in your basic information, and submit the loan application. If approved, the funds are sent to your account.

Question 5

Does True Loan have a mobile app?

Accepted Answer

Yes, True Loan has a mobile app for Android.

Question 6

Who is True Loan best suited for?

Accepted Answer

It is best suited for individual borrowers in Nigeria who want a short-term personal loan and prefer to apply online.

Question 7

How do I contact True Loan support?

Accepted Answer

You can contact True Loan support at support@kudipallyltd.com or by phone at +234 9012919381.

Question 8

Does True Loan have a plan for teams or businesses?

Accepted Answer

No, there is no team or business plan listed for True Loan.

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