| Interest Rate | 42% |
| Duration | 7 days |
| Access Level | Public |
| Company Name | Star Loan |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Dangerous Loan |
| Company Email | starloanserving@outlook.com |
| Views | 536 |
Star Loan is a Nigeria-based loan app that provides mobile users with quick and easy lending services. We understand that many people in Nigeria may find it challenging to access loans from traditional banks, especially in emergencies. This is why we have created a loan app that is easy to use, fast, and convenient. Our loan app is designed to provide quick access to funds for anyone who needs it, regardless of their financial background or credit history.
Interest Rate:
At Star Loan, we offer some of the lowest interest rates in the market. We believe that everyone deserves access to affordable loans. Our interest rates are based on the amount of money borrowed, the loan term, and the borrower's credit history. Our interest rates range from 3.5% to 9% per month, which is among the lowest in the market.
Company Profile:
Star Loan is a Nigerian loan app that provides mobile users with quick and easy lending services. Our loan app is designed to be easy to use, fast, and convenient. We believe that everyone deserves access to affordable loans, and we strive to provide the best lending services to our customers. Our loan app is secure, and we take the privacy and security of our customers very seriously.
About Us:
Star Loan was founded in 2020 by a team of professionals with extensive experience in the financial industry. We saw the need for a quick and easy lending app that would provide access to funds for people who need it. Our mission is to provide our customers with quick access to funds and the best lending services in the market. We are committed to providing excellent customer service and being a cooperative partner to our customers.
Company Services:
At Star Loan, we provide our customers with quick and easy lending services. Our loan app is designed to be easy to use, fast, and convenient. We provide instant loans, which means that once approved, the money will be immediately transferred to your account. Our loan amounts range from ₦1,000 to ₦300,000, and our loan term is from 60 days to 120 days.
Our Mission:
Our mission is to provide our customers with the best lending services in the market. We understand that people in Nigeria may find it challenging to access loans from traditional banks, especially in emergencies. This is why we have created a loan app that is easy to use, fast, and convenient. We want to provide quick access to funds for anyone who needs it, regardless of their financial background or credit history.
Our Vision:
Our vision is to be the best lending app in Nigeria. We want to provide the best lending services to our customers and be the first choice for anyone who needs access to funds. We want to be a cooperative partner to our customers, and we are committed to providing excellent customer service.
Our Core Values:
At Star Loan, we have five core values that guide us in our mission to provide the best lending services to our customers. These values are:
- Excellent Customer Service: We believe that excellent customer service is essential to providing the best lending services to our customers. We strive to provide the best customer service in the market.
- Cooperative Partner: We want to be a cooperative partner to our customers. We believe that by working together, we can provide the best lending services to our customers.
- Ease of Use: We understand that people may find it challenging to access loans from traditional banks. This is why we have created a loan app that is easy to use and convenient.
- Security: We take the privacy and security of our customers very seriously. Our loan app is secure, and we follow the best security practices to protect our customers' information.
- Instant Loans: We provide instant loans, which means that once
Expert Counsel
They may send SMS messages to your contacts, informing them of your debt. Additionally, if your payment is even just one day overdue, they may start sending derogatory messages via WhatsApp to your contacts.
Typically, Star Loan offers repayment plans ranging from 6 to 14 days, which can be challenging to fulfill. Their overdue interest rates fall between 2% to 7% per day, potentially leading to accumulating debt.
It's crucial to understand that once Star Loan defames you, it's not advisable to repay them. Their primary aim is to extract money through defamation tactics. Since they are unlicensed loan apps, their only recourse is to damage your reputation.
Borrowing from another loan app to repay Star Loan is not a viable solution and may lead to bankruptcy. They operate under various names on mobile app stores, complicating efforts to escape their debt cycle.
To manage their communication, consider installing Truecaller on your mobile phone to identify and block their calls. Blocking them on WhatsApp and reporting their actions directly to WhatsApp and Google Play Store can also be effective measures.
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Reviews
The loan app's approval process was too slow, and the interest rate was too high. It was not worth the wait
- 2/20/2023
I used this loan app, and the payment terms were so short that I was unable to pay it back in time. The late fees and penalties were a huge burde
- 2/19/2023
The loan app made me feel like I was getting a good deal, but I later realized that the interest rates were significantly higher than advertised
- 2/18/2023
I found this loan app to be a waste of time and money. The interest rate was too high, and the repayment terms were confusing
- 2/18/2023
I had a terrible experience with this loan app. The customer service was rude and unhelpful, and the interest rates were too high
- 2/16/2023
The loan app's user interface was poorly designed, and the customer service was unhelpful and unresponsive
- 2/16/2023
The loan app promised fast approval, but it took weeks to get my application processed. I had to find another way to get the money I needed
- 2/13/2023
The loan app promised quick approval and low-interest rates, but it was a total scam. I ended up losing more money than I gained
- 2/9/2023
The loan app was confusing to use, and the customer service was unresponsive. I wouldn't recommend it.
- 2/7/2023
I had a terrible experience with this loan app. The interest rate was so high that I ended up paying back double the amount I borrowed
- 2/5/2023
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