Tiger Credit is an app that lets people in Nigeria get personal loans quickly. It is run by a company called Hollandale Nigeria Limited, based in Surulere, Lagos.
The app helps users borrow money easily, especially if they need urgent cash for emergencies. With this app, you can apply for loans from your phone without visiting a bank or filling out too many forms.
How to Download the Tiger Credit Loan App
If you want to use Tiger Credit to get a loan, you need to download the app first. Here’s how you can do it:
- From Google Play Store:
- Open the Google Play Store on your Android phone.
- Type “Tiger Credit” in the search bar.
- Tap on the app when you find it, and then press the “Install” button.
- Wait for it to download and install on your phone.
- Download the APK File:
- If you can’t find it on Google Play Store, you can also download the APK file from other websites.
- Search for “Tiger Credit APK download” on your browser.
- Choose a trusted site to download the APK file.
- Before installing, make sure to allow “Install from Unknown Sources” in your phone’s settings.
Once the app is installed, you can start using it to apply for loans.
How to Log In to the App
After installing the app, you need to log in to start using it. Follow these simple steps:
- Open the Tiger Credit app on your phone.
- Enter your phone number or email address.
- The app will send a One-Time Password (OTP) to your phone via SMS.
- Enter the OTP to verify your account.
- Set up a password for your account so you can log in easily next time.
If you face any issues while logging in, you can contact their support team through email for help.
Contacting Customer Support
If you need help with your loan or have any questions, you can contact Tiger Credit’s customer care team. Here are the main ways to reach them:
- Email: tigercreditservier@outlook.com
- Email: support@tigercreditapp.com
Many users have complained that the customer care team is slow to respond, so you might have to wait a while before getting help.
What Are People Saying About the App?
Before downloading and using the App, it’s good to know what other users think about it. Here’s what many people have said:
- High Interest Rates:
- Many users have complained about very high interest rates. For example, if you borrow ₦10,000, you may have to pay back ₦12,000 or more within just a few weeks. This is a big increase in the amount you owe.
- The interest rates seem much higher than what the app advertises. This means you might end up paying a lot more money than you expected.
- Hidden Charges:
- Some users noticed extra fees added to their loan amount that were not clearly explained. This can be frustrating because you might get less money than what you applied for.
- For instance, if you apply for a loan of ₦20,000, you might only receive ₦18,000 because the app deducts fees upfront.
- Poor Customer Service:
- Many users have tried to contact customer service for help with issues like login problems, repayment issues, or to ask questions about their loans. However, they often do not get a reply quickly or at all.
- This has made some people unhappy because they feel like they are not getting the help they need when there’s a problem.
- Short Repayment Periods:
- The repayment time is very short. Users have reported that they are given only a few weeks or even days to repay their loan. This can be difficult for people who may not have the money ready in such a short time.
- If you fail to repay on time, the app may charge you extra fees or penalties, which can make the loan even more expensive.
- User Experience Problems:
- Some users have said that the app is not easy to use. They find it hard to navigate and understand how to apply for a loan or check their loan status.
- The app might also have bugs or errors that make it stop working suddenly.
Is the App Safe and Legit?
Even though the app is run by a registered company in Nigeria, many users have doubts about its safety and legitimacy. Here are some reasons why:
- Too Many Complaints: Many people have complained about the app’s high interest rates, hidden fees, and poor customer service. This makes it hard to trust the app fully.
- Customer Service Problems: When customers cannot get help when they need it, it raises concerns about how the company treats its users.
- Transparency Issues: The app does not clearly explain all the charges and interest rates before you take a loan. Many users find this misleading and feel surprised when they have to repay much more than they borrowed.
Should You Use the App?
Using the Loan App might be an option if you need money quickly and do not have other choices. However, you should be careful before applying for a loan on this app. Here are some tips to consider:
- Read the Terms Carefully: Make sure you understand the interest rates and all the fees before you apply. Check how much you will need to repay and by when.
- Consider Other Options: If possible, look at other loan apps or banks that might offer better terms with lower interest rates and longer repayment periods.
- Plan Your Repayment: Only take a loan if you are sure you can repay it on time. Late payments can result in extra fees and more debt.
Final Thoughts
The Tiger Credit Loan App can provide fast loans, but it comes with many risks. High interest rates, hidden charges, and poor customer service make it a less favorable choice for many people. If you decide to use this app, be prepared for possible challenges and always read the loan terms carefully.