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Nigloan is a Nigerian product approving loans online

Nigloan is a Nigerian product approving loans online

Nigloan is the most famous version in the Nigloan series of publisher Nigloan

Additional Information

Genres
Version
1.0.1
Developer
Nigloan
Requires
Android 5.1 and up
Android Android 5.1 and up Finance
Size
9.1M
Updated
January 20, 2022
Read
961 views
( 513 ratings )
Price: $0

Nigloan poster

Nigloan is a Nigerian product approving loans online with a maximum loan amount of ₦1,000,000, a loan limit from ₦10,000 to ₦1,000,000, and an annual percentage rate (APR) ranging from 12% to 36%.

Features of Nigloan

1. Loan amount up to ₦1,000,000
2. Online approval
3. Free registration. Free loan amount calculation.
4. Revolving line of credit
5. Easy loan in three steps
Step 1: Verify your identity
Step 2: Get a credit limit
Step 3: Receive your loan

Nigloan is servicing

1. Amount offered: ₦10,000-₦1,000,000.
2. Loan interest rate: ₦12%-₦36%
3. Loan period: 91 days – 365 days.

Example.

If you borrow ₦10,000 and choose to repay it within 3 months, then your monthly interest and service charges will be 1% for 3 months totaling 3%. We will therefore charge you an interest of 300 for the entire repayment period.
Your total repayment amount will be ₦10,000 + ₦10,000 x 3% = ₦10,300.
Your monthly repayment is (₦10,000 + ₦10,000 x 3%)/3 = ₦3,433.

Contact us

We are always happy to hear from you! If you have any feedback, questions, or concerns, please email us at:[email protected]
Our address is:Ojuelegba yaba road, Lagos, Nigeria

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