OxLoan-Instant Loan in Nigeria is a free-to-use finance app from OxLoan Tech. Operating in Nigeria, this app allows local users to apply for, receive, and pay for loans. Patterned like the standard loan app, it has an intuitive interface that makes it easy to search for relevant information such as your outstanding balance, deadlines, and other services offered by the app.

Most OxLoan-Instant Loan in Nigeria features are accessible 24/7, aside from its customer support. Unfortunately, the app suffers from a couple of optimization issues that negatively affect the experience, much like CashIn - Personal Loan Online App in India.

Local app for online lending

The first thing to note with OxLoan-Instant Loan is that it only operates in Nigeria, offering as much as 200,000 Nigerian naira for eligible customers. Additionally, it allows borrowers to choose the corresponding loan terms, offering as much as six months or 180 days. More importantly, the loan company behind the app commits to a 24-hour approval turnaround time, letting you know if you’re approved or not immediately.

As for the app, it has a warm-looking white and orange theme, using the Nigerian lender’s brand colors effectively. It’s easy to find what you’re looking for, whether you’re planning to file for a loan or repay an existing one. Also, it has no ads and keeps professional treatment of user data. Your personal and financial information is kept secure by the lenders.

Still, the app is far from perfect. It has no features that facilitate the easy scanning and submission of required documents apart from the standard access to your camera. Additionally, it doesn’t allow OTPs or biometrics for additional security. However, its main challenge as an app is its customer service features, which can be quite unreliable even during office hours.

A reliable lending app in Nigeria

With the rise in online lending around the world, OxLoan-Instant Loan in Nigeria remains a reliable option in the country where it operates. It is visually pleasing and easy to use, even for first-time loan applicants. While the submission of required documents can be tricky, it is a one-time process and is backed by the app’s 24/7 service. Aside from a couple of customer service issues, it’s mostly reliable.