Trusty

Trusty is another legitimate digital lender operating in Nigeria 

Loan Amounts: Up to ₦200,000 .

Repayment Period: 61 days to 361 days .

Interest Rates: They advertise a flat 5% interest rate, resulting in an APR between 30% and 40%

Short FAQs about the "Trust Loan" App in Nigeria

Q1: Is there an official app called "Trust Loan"?
There is no single official app with that exact name. The term refers to a few different things:

NeoCash (by Shepherd Trust Microfinance Bank) .

A scam website (Trustloan.store) pretending to be a loan app .

A separate app on the Play Store called Trusty .

Q2: How do I know if a "Trust Loan" app is legitimate?
A legitimate app will never ask for your debit card PIN or the CVV (the 3 digits on the back of your card) . Always check that the app is published by a registered Microfinance Bank (like Shepherd Trust MFB) on the official Google Play or Apple App Store.

Q3: What are the interest rates for these apps?

NeoCash (Shepherd Trust): Representative 30% APR (can go up to 120% depending on risk) .

Trusty: 5% interest flat rate (Approx 30-40% APR) .

Q4: Which "Trust" loan app has the highest borrowing limit?
NeoCash allows you to borrow up to ₦5,000,000, which is significantly higher than Trusty's ₦200,000 limit .

Q5: What should I do if I see an ad for "Trust Loan" on Facebook?
Be very cautious. Fact-checkers have flagged ads for "Credit Money" linking to Trustloan.store as a scam designed to steal bank details. Do not click on links from social media promising "loans without BVN"