To U Loan 1.6

To U Loan offers a convenient online application process for loan amounts up to 300,000 NGN. The interest rates are kept low, with a maximum Annual Percentage Rate (APR) of 30%. In addition, the service charge ranges between 4% and 6% of the loan amount. The loan terms are flexible, with durations of 91 to 210 days.

Let's consider an example: For a loan amount of ₦2000, with an interest rate of 30% per annum and a tenure of 180 days, the interest payable is calculated as follows:

1. Interest = ₦20000 * 30% / 365 * 180 = ₦ 2958
2. Service fee = ₦20000*6% = ₦ 1200

Therefore, you will receive ₦20000 and be required to repay ₦24158 if the loan is processed.

To U Loan provides several advantages to its customers:

1. Maximum Loan Amount
2. Flexible and Low Interest Rate
3. Flexible Loan Repayment Term
4. Processing Time: Low loan threshold, same day audit and approval process - 100% Online application!

To be eligible for a loan, you must be a Nigerian resident between the ages of 22 and 50.

Your security is paramount to us. All transactions are secured using SSL encryption technology. Rest assured that your personal information will never be shared without your explicit permission.

If you have any questions or wish to contact us, you can reach us at:

• Address: 1320 Shehu Yar'adua Way, Mabushi, Abuja, Nigeria
• Email: [email protected]