The loan industry in Nigeria is growing fast, but at the same time, many fake or suspicious apps keep coming out every month. While some are well registered like Umba and known to follow proper lending rules, others operate without a full CBN license or strong customer protection. This is why we always take time to test and research these apps deeply before recommending them.
One of the trending names recently is TLoan, a quick cash app developed by GIASUN TECHNOLOGY NIGERIA LIMITED and available on the Google Play Store. In this post, we’ll give you the full review of how TLoan works, their loan process, repayment setup, common complaints from users, and our findings after personal testing and research.
Overview of TLoan App
TLoan is a mobile loan application built mainly for Nigerians who need fast financial help without paperwork or collateral. The app gives users flexible loan access directly to their bank account within a few minutes after approval.
- Developer: GIASUN TECHNOLOGY NIGERIA LIMITED
- Category: Finance / Loan
- Released: February 8, 2021
- Updated: October 8, 2025 (version 2.4.3)
- Size: 13 MB
- Downloads: 1,000,000+ on Google Play
- Rating: 4.1 ★ from over 16,000 reviews
The app’s slogan is “Quick Cash for Real Nigerian Life,” and that is exactly how they market their product—as a bridge for people facing sudden money problems like school fees, hospital bills, business restocking, or festive expenses.
Loan Amount, Duration, and Interest Rate
According to their latest app information and testing, TLoan offers the following loan structure:
- Loan Range: ₦10,000 – ₦1,000,000
- Repayment Period: 91 days – 365 days
- Interest Rate (APR): 12%–36% (depending on credit score and duration)
- Processing Fee: ₦0 – ₦2,000 (based on loan size)
- Disbursement Time: Within 5 minutes after approval
Example Calculation:
If you borrow ₦800,000 for 6 months at 24% APR:
- Total interest = ₦96,000
- Total repayment = ₦896,000
- Monthly repayment = ₦149,333
There are no hidden charges mentioned in their official terms, but as we’ll discuss below, several users have complained about higher effective interest than what’s shown in-app.
How to Apply for a Loan on TLoan
- Download the TLoan App from the Google Play Store.
- Use your BVN-linked phone number for registration.
- Fill in your basic details (name, date of birth, bank info, occupation, etc.).
- Verify your identity using the OTP sent to your number.
- Apply for a loan—choose your preferred amount and duration.
- Wait for review (usually takes 2–5 minutes).
- Once approved, the loan will be sent directly to your bank account.
You can also increase your limit by repaying loans early and keeping your BVN clean with other lending platforms.
Eligibility and Requirements
To qualify for a TLoan, you must:
- Be a Nigerian resident (18–60 years old).
- Own a valid BVN and active bank account.
- Use your personal SIM card (linked to BVN).
- Have a steady source of income (self-employed or salary earner).
- Accept the Privacy Policy & Terms of Use during sign-up.
The app may request permission to access your phone details like contacts, SMS, and device ID—this is for credit scoring and loan verification.
User Experience and Complaints (2025 Review)
Based on verified user reviews and our independent testing:
Positive Reviews
- Fast approval and disbursement (within minutes).
- Clear user interface—no ads or long forms.
- Easy repayment through app or auto debit.
- Small-size app that works smoothly on older phones.
Negative Reviews/Complaints
- Some users reported higher interest than the rate displayed.
- Customer service delay, especially when users try to change the repayment date.
- Complaints about data access permissions (SMS and contacts).
- Few reports of auto debit before the due date or double charge.
Despite this, the majority of verified users confirm that loans are disbursed and repaid without issues when used correctly.
Security and Privacy Policy
TLoan clearly states that they use your data only for identity verification and credit scoring.
Information like BVN, contact lists, and phone details are encrypted and not shared with third-party advertisers.
However, we advise users to read their privacy policy before granting all permissions, especially if using a shared device.
FAQs
Q1. Is TLoan registered in Nigeria?
Yes. It is operated by Giasun Technology Nigeria Limited, a recognized local fintech company.
Q2. How much can I borrow as a first-time user?
Usually between ₦5,000 and ₦40,000, depending on your credit score.
Q3. How long does it take to get paid?
Less than 10 minutes after loan approval.
Q4. What happens if I don’t repay?
Late payments attract extra charges and may affect your BVN credit score.
Q5. Can I reapply immediately after repayment?
Yes. Once your loan status updates to paid, you can apply again instantly.
Conclusion
After reviewing the TLoan app, testing the system, and checking user feedback, we can confirm that TLoan is a functional and active micro-lending app in Nigeria.
Loans are disbursed fast, repayment is flexible, and there’s no sign of scam behavior from our tests.
However, users must be careful with repayment time and always read the terms properly before borrowing.
If you’re looking for a small-to-medium cash loan app that responds quickly, TLoan is an option worth trying, just make sure your repayment plan is clear before applying.
