TopLoan 3.9

TopLoan is an online loan app that offers unsecured loans to individuals in need. To apply, users simply need to provide accurate personal information. The platform enables users to conveniently access loans directly from their smartphones. It's important to note that this service is exclusively for Ugandan citizens who are 18 years or older.

Product Information:

• Loan amounts range from UGX 80,000 to UGX 500,000.
• Loan terms vary from 91 to 356 days.
• Origination fees range from UGX 3,200 to UGX 65,000 as a one-time charge. The Annual Percentage Rates (APR) range from 4% to 29% per annum based on individual credit records.

For example: If a user applies for a UGX 100,000 loan with a total term of 91 days (split into two installments), the repayment breakdown is provided accordingly with details on installment amounts, interest, and total repayment due.

Loan Process Steps:

1. Register
2. Choose Loan Amount and Apply
3. Approval Process
4. Funds Disbursed to MoMo Account

We encourage borrowers to make timely repayments or complete specified tasks to enhance their credit limit, potentially reducing interest rates and improving loan terms.

Information Disclosure:

In order to evaluate credit profiles and customize loan offerings, the platform requires access to specific data on users' mobile phones, such as text messages, location, calendar, and camera. This information is essential for service provision and compliance with Know Your Customer (KYC) and anti-money laundering policies. Rest assured that your data is securely protected and strictly used for assessment purposes only. TopLoan maintains a policy of not sharing personal information or data with third parties without user consent. Additionally, all data usage adheres strictly to the Privacy Policy.

Contact Information:

• Email: [email protected]
• Address: St Kizito Cl, Kampala, Uganda