Twaleloan - Loan Shark Review
Interest Rate 45%
Duration 7
Access Level Public
Company Name Twaleloan
Phone 1
Phone 2
Website or Store https://app-h5.twale.top/home
Address 25 Wemco Road, CITC House, Ogba, Lagos, Nigeria
Category Dangerous Loan
Company Email twale.msgs@gmail.com place
Views 6,236

Twaleloan

Twaleloan is a leading online loan app in Nigeria, dedicated to providing safe and reliable financial services to individuals who need quick and easy access to loans. With our user-friendly platform, you can apply for a loan from the comfort of your home or office and receive funds in your bank account within minutes.

We offer a wide range of loan products with competitive interest rates, flexible repayment options, and no hidden fees. Our loan application process is simple and straightforward, and our dedicated customer service team is always available to assist you with any questions or concerns you may have.

At Twaleloan, we are committed to providing our customers with excellent service, and we strive to maintain the highest standards of integrity and professionalism in all our dealings. Our mission is to help individuals overcome financial hurdles and achieve their goals, and we are passionate about providing access to affordable credit to underserved communities in Nigeria.

Our Vision

Our vision is to be the leading online loan app in Nigeria, providing innovative financial solutions that empower individuals to achieve their goals and improve their quality of life.

Our Core Values

Excellent Customer Service: At Twaleloan, we are committed to providing our customers with exceptional service and support, and we go above and beyond to ensure that our clients are satisfied with our services.

Cooperative Partner: We work closely with our clients to understand their needs and tailor our services to meet their specific requirements. Our approach is collaborative and consultative, and we believe that working together with our clients is the key to achieving success.

Ease of Use: Our platform is designed to be user-friendly and intuitive, with simple and easy-to-use features that make it easy for our clients to apply for loans and manage their accounts.

Security: We take the security of our clients' personal and financial information seriously, and we have implemented advanced security measures to protect our clients' data and prevent unauthorized access.

Instant Loans: We understand that our clients need access to quick and easy loans, and we have designed our platform to provide fast and efficient loan processing and disbursement.

Loan Product

At Twaleloan, we offer personal loans ranging from ₦3,000 to ₦50,000, with a loan term of 92 days to 365 days. Our interest rates range from 16% to 35% APR (Annual Percentage Rate), and we do not charge any extra fees. We offer flexible repayment options, and our clients can choose to repay their loans weekly or monthly.

A representative example of the total cost of the loan, including all applicable fees: If you borrow ₦3,000, and the loan term is 6 months, with an 18% annual interest rate, the total interest would be ₦3000 * 18% * 180 / 365 = ₦266. The monthly payment would be (₦3000 + ₦266) / 6 = ₦544. The total repayment amount would be ₦3,266.

Eligibility

To be eligible for a loan at Twaleloan, you must be a Nigerian resident between the ages of 20 and 60, with a valid BVN.

How to Apply for a Loan

Applying for a loan at Twaleloan is simple and straightforward. Follow these steps:

  1. Download the Twaleloan app from the Google Play Store
  2. Register for an account and complete the verification process
  3. Submit your loan application
  4. Once your loan is approved, the funds will be disbursed to your bank account
  5. Repay your loan on time to increase your credit limit

Contact Us

If you have any questions or concerns about our services, please feel free to contact us. Our customer service team


Expert Counsel

Twaleloan and its practices, with a focus on your interactions with them. To begin with, it's important to highlight that Twaleloan employs various methods if you owe them money. They may send SMS messages to your contacts, informing them of your debt. Furthermore, if your payment is just one day overdue, they may start sending derogatory messages via WhatsApp to your contacts.

 

Typically, Twaleloan offers repayment plans ranging from 6 to 14 days, which can prove to be challenging to fulfill. Their overdue interest rates range from 2% to 7% per day, potentially leading to further debt accumulation.

 

It's essential to understand that repaying Twaleloan once they defame you is not advisable. They primarily aim to extract money through defamation tactics. Since they are unlicensed loan apps, their only recourse is to tarnish your reputation.

 

Borrowing from another loan app to repay Twaleloan is not a viable solution and may lead to bankruptcy. They operate under various names on mobile app stores, making it difficult 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

  • User loan Review
    Twaleloan

    Stay away from this fraudulent app that charges 50naira for card binding without approving your own. 8 of us tested them and that was how it happened to all of us. They rarely approve any loan but go ahead deducting people's 50naira making it look as if your loan has been approved whereas they will later reject your loan. Download this app at your own peril.

    • 4/28/2023
  • User loan Review
    Twaleloan

    Infact this app would have be a good app if no because of their higher interest 7day loan and after late for 3day they will started messaging on was app and be frustrating you and your contact That's not 🚫 a good idea ❌

    • 4/24/2023
  • User loan Review
    Twaleloan

    This app is a very big scam I was ask to add my card I did 2 times and they debit me 50 first time and second time and my card not link yet still not even reverse my money back too 

    • 4/3/2023
  • User loan Review
    Twaleloan

    N50 card binding. What level of daylight robbery is that? Imagine getting that from 1 million applications. Thieves everywhere!!!

    • 3/28/2023
  • User loan Review
    Twaleloan

    I applied and I was told to add bank card, and I did, I was debited first time, second time, third time again, thinking is network problem, and nothing came, I regrets using your loan app.

    • 3/25/2023
  • User loan Review
    Twaleloan

    This app is a very bad one plsea stay away from it.....they debit my account of 48k no reason I did not apply loan with them

    • 3/11/2023
  • User loan Review
    Twaleloan

    Well, to be sincere I really started with good experience, tho they have crazy high interest on every loan, but they were always available to meet up for my needs, until about two days ago, on my due date which I also made my payment on same due date, then I tried to re apply, then I got rejected, I tried chatting the customer care number on the Whatsapp, the person only red my messages without replying, so I decided to uninstall and reinstall again but they refuse to send me OTP

    • 3/8/2023
  • User loan Review
    Twaleloan

    Useless loan app. Nonsense

    • 2/21/2023
  • User loan Review
    Twaleloan

    Don't have any bad experience

    • 2/20/2023
  • User loan Review
    Twaleloan

    Twale loan app are thieves, run from them. I paid to confirm my bank card twice and it didn't reflect and no refund was made. Thieves! 

    • 2/19/2023
  • User loan Review
    Twaleloan

    My people I.m see this like a thief after bouding car sucessful is instead of comfirm it is again bond car .no disbursh u charge me three times rubish app

    • 2/17/2023
  • User loan Review
    Twaleloan

    Always fails to submit cause my information

    • 2/17/2023
  • User loan Review
    Twaleloan

    Since 2021 they kept on rejecting my application, and keep sending me messages that they have offer for me

    • 2/16/2023
  • User loan Review
    Twaleloan

    They are criminals, they are just collecting your details then deduct ₦50 from your account and then the loan will be rejected...run for your life

    • 1/31/2023
  • User loan Review
    Twaleloan

    This app is just a big scamm...I applied for a loan for almost 5hrs now and have not been credited and on my dash board its stated there that my loan dues on the 3rd of Feb and have not been credited don't ask me to pay may money I did not receive oooo.

    • 1/27/2023
  • User loan Review
    Twaleloan

    This app is a scammer .my loan was rejected and at the end of the day they said my loan was due I should paid what I didn't receive they are scammer they collected my 50 naira so many times by added my ATM more than once

    • 1/21/2023
  • User loan Review
    Twaleloan

    Very bad, I have bind my card 3 times and they collected 50 each time I tried but still, will not bind d card, what a waste of time. They are only here to collect your 50 naira

    • 1/17/2023
  • User loan Review
    Twaleloan

    All these apps all about the 50Naira card binding fraud.

    • 1/17/2023
  • User loan Review
    Twaleloan

    this app is rubbish, you can't even submit information please do not send me any more SMS

    • 1/13/2023
  • User loan Review
    Twaleloan

    This app is bad even i will advice my enemy not to apply.i hate this kind of rubbish for wasting my data stupid app

    • 1/9/2023
  • User loan Review
    Twaleloan

    Good loan app. but the charges rate is a bit much after the due date. plus mahn they treaten alot even after reporting my issues. (most review got bad comments maybe y'all got credit score issues 🤔. it's just business).

    • 1/2/2023

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