TENN Credit is a licensed loan platform providing access to personal credit services in Nigeria.

Features

Loan Amounts: Up to ₦1,000,000, depending on eligibility.
Loan Tenure: From 91 days to 120 days.
APR: From 24% to 36% per annum.
Application Process: 100% online with no collateral or paperwork required.
Security: Data and transactions are protected with bank-grade encryption.
Customer Support: Assistance available through WhatsApp, phone, and in-app chat.
Regulation: Licensed and compliant under the supervision of the Central Bank of Nigeria (CBN).

Example

For a 120-day loan of ₦10,000 at 24% APR:

· Total interest = ₦10,000 × 24% ÷ 365 × 120 = ₦789
· Total repayment = ₦10,000 + ₦789 = ₦10,789
· APR = (₦10,789 - ₦10,000) ÷ ₦10,000 ÷ 120 × 365 = 24%

How It Works

1. Download and install the TENN Credit app.
2. Register and verify your account.
3. View your available loan amount.
4. Submit your loan application for review.
5. Receive funds directly into your bank account upon approval.

Purpose

TENN Credit provides responsible credit access to eligible users in Nigeria, helping them manage short-term financial needs under transparent and regulated terms.
Applicants must be 18 years or older.