This is one of the best loan platforms that offer a quick loan to individuals when needed. One of the most significant problems most people have is that they don’t know how to apply for this loan.

They don’t know the requirements and what to do before your loan will be approved. In this article, we will discuss extensively some of the requirements you need for your loan to be approved.

To U Loan App

This credit loan app is owned by one of the top companies that are based in Abuja. This loan platform aims to provide Nigerians with fast access to loans. For you to know more and how this loan platform read more.

What are the eligibility requirements for the To U Loan?

For you to be eligible to borrow from this platform, you must meet all the requirements below, any of the requirements you miss, your loan will not be approved, this is why you need to take this article very seriously. Some of the requirements are;

  1. You must be a resident of Nigeria
  2. You must be between the age of 22 to  55, anything below and above this age will not be approved.
  3. You must have a good credit score: this implies that you must owe any loan platform across the county, and you must not be owing any standard bank across the country. Owing any of these institutions will lead to the automatic disqualification of your loan application.

How Can One Apply For A Long On The To U Loan Platform?

For one to apply for this credit loan and get approved fast, these steps are stated below. Remember that any of the steps you violate will lead to your loan not being approved. This is why you need to take this article seriously.

  • The first requirement is to download the To U mobile application on the Google play store, we will discuss the process later.
  • The next thing to do is to install the app and open an account on the platform, and you must open this account with your personal information and details.
  • Once you have successfully done the last step, the next thing to do is for you to apply for the loan amount you need, when you have successfully applied and after a while, your loan will be approved if you meet the requirements, after a while or a few minutes you will receive the alert.

What is the interest rate of loans on the To U Loan platform?

The interest rate of loans on this platform is dependent on the amount of loan you borrow from the platform. The To U platform charges you a maximum Annual Percentage Rate of 30% while their service fee is between the rate of 4% and 6%.

For example, if the amount of the loan you wish to take is #2000 with an interest rate of let’s say 39% per year and the loan tenure is 180 days after all the next deduction has been made, the usual processing fee and other fees deducted, this is what the interest rate is expected to be;

  • Interest that payable= #2000*30%/365*180= #2958
  • The service fee= 2000*6%=#1200
  • You will then receive #20000 and should back back just #24158

What Is the Loan Term On To U Loan?

The loan term of this platform depends on the amount of money you borrowed from the platform. On average the loan term is between 91 days- 210 days.

But as we’ve stated, this varies depending on the amount of loan you borrowed from the platform. Next, we will discuss some of the advantages of this loan platform, stay tuned and pay close attention.

Read Also:  Student Loan Act: How to Apply, Requirements, and Secure Loan

Advantages Of To U Loan platform

There are many benefits of this loan platform, in this section of this article, we will discuss some of the benefits of this loan platform, and they are.

  • Maximum loan amount of 300,000 which will be sent to you instantly if you meet the requirements. This is one of the loan platforms in Nigeria that has one of the highest amounts of loan limit.
  • This loan platform has a flexible loan repayment system which makes it easy for anyone to repay his or her loan promptly, in addition to this, they equally have a low-interest system, which makes them one of the best loan platforms in Nigeria.
  • Flexible loan repayment system: This Platform’s flexible system for loan repayment is unparalleled, firstly, they don’t lend to people who don’t have the potential to repay the loan, this means that before they lend to you, you must have fulfilled the requirements that will make them lend you the loan. And the repayment system is very flexible for anyone who wants to take a loan from this platform.
  • Fast loan processing time and the application process of this loan is done 100% online, what this means is that you can easily apply for this alone from anywhere across the country. This makes it easy for anyone with an internet connection to access it.

How secure is the loan platform?

This loan platform is very secure and it is very safe for customers to utilize. Among the numerous benefits of this loan platform, which includes flexibility and fast loan delivery, this loan and all transactions done in this loan platform are protected by SSL encryption.

This makes it impossible to hack into any important information stolen. In addition to this, as a borrower, this platform maintains a high and strict process, this means that your personal information such as BVN and other bank-related information will not be shared with anyone without your consent.

How To Download The To U Loan App

There are many ways to download this loan app, but for convenience, we have listed the simple and important step anyone can follow to be able to download this loan app. Some of these steps are;

  • Firstly, you need to launch the Google play store app on your mobile, make sure you have a very strong internet connection.
  • Secondly, you need to open the Google play store app on your mobile and click on the search button, search for To U Loan.
  • It will pop up, click on it, download it and install the credit app instantly, after the installation process you can begin your loan application process immediately.

How To Contact The To U Loan Platform.

There are two notable ways to contact this loan platform and they are

  • Office address: 1320 Shehu Yar’adua way, Mabuchi, Abuja, Nigeria
  • Email address:

Frequently Asked Questions

How Good Is This Loan Platform

There are many indices to check how good a loan platform is, one of those indices is to check the rate at which this loan is downloaded on the Google play store.

As of the time of writing this article, there are over 1 million downloads on the Google play store, this is one of the best indexes to look at. Another thing is the number of reviews and star ratings.

This platform has over 100,000 reviews with over 4.5-star ratings. From the above, it is safe to say that this loan platform is one of the best loan platforms in the country.

How Long Does It Take For Your Loan To Be Approved

It usually takes a while for your loan application to be approved, this is to enable the platform to check and verify your application details, to make sure it meets their requirements, when this is done and your loan is approved, you will get credited within 10 min.

What happens when on default?

When you default on the repayment process of the loan you borrowed, the first thing the platform will do is give you more time, which can last from 20 to 40 days for you to comply with the terms of the agreement.

If this is not met, they will take action against you, to see to it that you keep to your part of the bargain.

Bottom Line

To U loan app is one of the loan apps in Nigeria that offer flexible loans with instant disbursement.

We have explained everything you need to know about the To U Loan App, how to register and also apply for your desired loan without hitches.

We are confident that you know the next step from here. Meanwhile, you may share your thoughts and further questions in the comments section.