| Interest Rate | 42% |
| Duration | 7 days |
| Access Level | Public |
| Company Name | Truemoney |
| Phone 1 | |
| Phone 2 | |
| Website or Store | https://web.truemoney.loan/# |
| Address | unknown |
| Category | Dangerous Loan |
| Company Email | newloanproduct@gmail.com |
| Views | 967 |
Truemoney:
Truemoney is a financial technology company that provides safe and reliable online loans in Nigeria. Our loan app is designed to make financing easier and more accessible for Nigerians, offering instant loans that can be accessed from your mobile device anywhere, anytime. Our goal is to help individuals and small businesses access the financial resources they need to achieve their goals and reach their full potential.
Interest Rate
At Truemoney, we offer competitive interest rates for our personal loans. Our interest rates are based on the amount borrowed and the length of the loan term. We aim to make our loans affordable and accessible, while ensuring that our borrowers can repay their loans comfortably.
Company Profile
Truemoney is a leading provider of online loans in Nigeria, offering safe and reliable financing solutions for individuals and small businesses. Our loan app is designed to be user-friendly and easy to use, with a simple application process that can be completed in minutes. We offer flexible loan terms and repayment options, and our loans are available to anyone who meets our eligibility criteria.
About Us
At Truemoney, we believe that access to finance is a fundamental right, and we are committed to making financing easier and more accessible for Nigerians. We understand the challenges that individuals and small businesses face when it comes to accessing finance, and we are dedicated to providing safe, reliable and affordable financing solutions that meet their needs.
Company Services
Our loan app provides instant loans to individuals and small businesses in Nigeria. We offer personal loans that can be used for a variety of purposes, including education, healthcare, home improvements, and more. Our loans are designed to be flexible and affordable, with repayment terms that can be customized to suit your needs.
Our Mission
At Truemoney, our mission is to provide safe and reliable online loans to Nigerians, helping them to achieve their goals
Expert Counsel
Here's the scoop: once you borrow money from them, they start sending SMS to everyone in your contacts saying you owe them money. It's quite embarrassing and can lead to some uncomfortable conversations.
And it doesn't stop there. If you're just one day late on your payment, they bombard your WhatsApp with all sorts of disrespectful messages. It's definitely not a pleasant experience.
Their repayment plans aren't exactly easy either. They usually give you somewhere between 6 to 14 days to pay back, which can be quite challenging, especially with their high interest rates.
Speaking of interest rates, if you're late on a payment, they hit you with a pretty hefty interest rate, sometimes as much as 5% per day! This can quickly lead to more debt piling up.
Now, here's something to keep in mind: they're not even licensed! They can't legally do much to you besides trying to ruin your reputation by spreading lies about you.
Whatever you do, don't make the mistake of borrowing from another loan app to pay them back. It's a vicious cycle that can leave you bankrupt. Plus, they have many different apps out there, so you might end up borrowing from them again without even realizing it.
Here's a tip: consider installing Truecaller on your phone. It can help you identify who's calling so you can avoid their calls and block them from contacting you.
But the ultimate solution to avoid getting caught up with loan sharks like Truemoney is to simply stop borrowing from them altogether. Block them on WhatsApp, and report them on WhatsApp and Google Play store if necessary. Remember, you were managing fine before they came along. Don't let them tarnish your integrity or financial well-being.
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Reviews
TruemoneyI applied for a loan which shows on my dashboard have been credited, but am yet to recieve the money in my Account
- 4/23/2023
- Truemoney
I don't understand why they have to disburesd the sum of #9,750.00 into my account when i didn't apply for it. Is it a crime to register on the platform? automated disbursement is not in the interest of the innocent people that visit your loan app. How could you offer a certain amount of money and disbursed lower figure with outrageous interest rate. When people find it difficult to pay back you defame and harass them. The #9,750.00 back to sender now!
- 4/18/2023
- Truemoney
The useless app so far I have ever seen in my life, after they have collected all my bank Details, the next language was, try again in the next 30 days, useless and rubbish, I pray nothing happened to my account if not, .......
- 4/14/2023
- Truemoney
They are criminals. After all the processes I passed through, and even binded my card to the app. They debited my account and refused to give me the loan. Run away from this fraudulent app!!
- 4/13/2023
- Truemoney
They are criminals. After all the processes I passed through, and even binded my card to the app. They debited my account and refused to give me the loan. Run away from this fraudulent app!!
- 4/13/2023
- Truemoney
This app is useless and fraustrating,l ever see in my life. When you want to disburse your money into my account . It was very easy and fast. But to collect your money back the app started misbehaving . I try all repayment method all was failing. And they started increase the money and said overdue when try through all day and midnight to pay you. I even call your consumer care to complaint. It was not going through, l sent an email to you no reply. I dont understand shey dem be scam??
- 3/27/2023
- Truemoney
Infact is just like that have fall inside a trap or what. Cause I don't understand why. After adding my card info to it, just discovered that it keep deducting money like 4 times now. they suppose to have a wallet. Where I can receive money to.
- 2/28/2023
- Truemoney
This app is fraud. I registered as requested, they asked me to applied for 100k loan, i clicked just to see the interest rate, the next thing i saw was an alert of #2,437.50, i said what? As if that wasn't enough, on the app. They said i applied for a loan of #3,844 and am to pay #3,954 within a week. I tried everything to cancelled the loan and reimburse them their money, through their mail, etc nothing works out. Am waiting for when this company will sue me. I got everythings on records.
- 2/27/2023
- Truemoney
These app is a real scam. They said they will give me an amount which they gave less and inflated the repayment. People should seriously run away from these app as I have deleted it after I painfully repaid the inflated loan. I really regret using these app
- 2/19/2023
- Truemoney
How can u be disbursing loan when it's not needed. This is not professionalism. I was just checking through the tenure the next thing I saw was disbursed. This is crazy. All the reviews here are true. It's indeed a useless app
- 2/2/2023
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