The use of loan apps in Nigeria to get quick loans is widespread. Almost every person in Nigeria with a smartphone have at one time used loan apps.
It's for that reason that in this website we analyze and review almost every loan app launched in the Internet. Debt shaming, privacy breach and FEES collection are some of the malpractices most bad apps practice.
We always review new loan apps and the latest we are going to review is Alend Loan App Nigeria.
What is Alend Loan App
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| Alend Loan App logo: image Courtesy |
Alend Loan App is a new loan app available in Nigeria that offer loans from NGN 4,000 up to NGN 3,00,000. The app charges interest rates of between 24% to 260% APR per year.The app repayment period is between 3 to 12 months.
Example sample:
If you choose a 6-month loan and borrow ₦100,000, Alend charges an interest rate of 4% per month. Borrow NGN interest rate:24% and the APR is 48%, 180 days repayments of ₦24,000. Total amount payment is ₦124,000
Is Alend Loan App Genuine
This is what most people ask about this app.
From the app reviews on Google playstore. The app is rated at 3.6* star out of 5*star which is a good rating with many positive comments as follows:
Alend Loan App Specs and Permissions
The app specs and permissions are important for the customers before they can decide to give a try to the loan app.
App Specs
App permissions
How To Apply/ Download
When a customer is well convinced that this is a legitimate app ,now they can download the app from Google playstore register and apply as follows:
Download Alend Loan app from Google playstore
Register using your personal details and create an account
You will be provided with a login PIN
Login into the account
Check Your loan limit provided
Apply a loan within the loan limit
The loan will be deposited directly into your bank account apon approval.
Repay your loan on time to increase your chances of getting bigger loan limits for the subsequent loans.
How To Contact Alend Loan App Customer Care Nigeria
Contact Alend Loan App Customer service through:
+234 9162562626/ 9113968630
Email:service@alend.ng / info@alend.ng
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