Twaleloan, formerly known as SwiFund, is a loan application service based in Nigeria. It aims to offer a seamless online loan experience to its users, focusing on providing financial assistance to individuals in times of urgent need while ensuring the security of personal information.
- Loan Profile:
- Loan amounts range from ₦1,000 to ₦250,000, with repayment terms spanning from 91 to 180 days.
- Interest rates vary between 6% and 12.24%, translating to a monthly interest rate of 2% to 4.08% and an APR of 24% to 48.96%.
- Overdue interest accrues at a rate of 2% to 5% per day.
- Example: If, for instance, you opt for a ₦5,000 loan over 91 days, at an interest rate of 4.08%, totaling 12.24%, you would be charged ₦612 in interest, resulting in a total repayment amount of ₦5,612.
Key Features of Twaleloan (SwiFund):
- Simple and straightforward application process
- No requirement for collateral
- No undisclosed or hidden fees
- Instant loan disbursement
Eligibility Criteria for Loans:
- Residency in Nigeria
- Age ranging from 20 to 60 years old
How to Apply for Loans:
- Download and register on the Twaleloan mobile app (formerly SwiFund)
- Efficiently complete the loan application form within the app
- Await prompt evaluation of your application
- Receive funds directly into your bank account almost instantly
Contact Information:
If you'd like more information or wish to avail our loan services, feel free to reach out:
Company Address: 2 MCCARTHY STREET, ONIKAN, LAGOS STATE
Email: services@twaleloan.com
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