Oxloan: Your Gateway to Secure and Flexible Online Credit in Nigeria

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In today’s fast-paced world, financial needs can arise unexpectedly. Oxloan, a leading online credit loan app in Nigeria, offers a convenient and efficient solution to help you meet those needs.

Whether you require funds for a personal emergency, business expansion, or any other legitimate purpose, Oxloan provides a range of loan products and services tailored to your specific circumstances.

Types of Loan Agencies

Oxloan operates as a direct lender, eliminating the need for intermediaries and ensuring a transparent and streamlined loan application process.

This translates to faster approvals, competitive interest rates, and a more personalized customer experience.

Loan Products and Services

Oxloan offers a diverse portfolio of loan products to cater to individual needs:

Microloans: Small loan amounts ranging from ₦3,000 to ₦50,000 with flexible repayment terms ideal for covering unexpected expenses or short-term needs.

Personal Loans: Larger loan amounts ranging from ₦50,000 to ₦300,000 with customized repayment options for personal projects, business investments, or other significant expenses.

Eligibility Criteria

To be eligible for an Oxloan loan, you must:

Be a Nigerian resident aged 20 years or above

Have a valid Bank Verification Number (BVN)

Possess a regular source of income

Meet Oxloan’s creditworthiness criteria

Interest Rates and Fees

Oxloan’s interest rates are competitive and range from 16% to 30% APR. The specific rate depends on your loan amount, term, and credit history. There are no hidden fees, and all charges are clearly outlined before loan approval.

Repayment Terms and Conditions

Repayment terms for Oxloan loans are flexible, ranging from 91 to 365 days. You can choose a repayment schedule that fits your budget and ensures timely payment. Failure to repay your loan within the stipulated timeframe may attract late fees and penalties.

Customer Service

Oxloan is committed to providing exceptional customer service. Their support team is readily available through email, WhatsApp, and phone to answer your questions and address any concerns you may have.

Loan Application Process

Applying for an Oxloan loan is simple and convenient. You can download the Oxloan app from the Google Play Store, register, and complete the online application form. The process is paperless and requires minimal documentation. Once submitted, your application will be reviewed promptly, and you will receive a notification on the status within a short time.

Loan Repayment Options

Repaying your Oxloan loan is easy and hassle-free. You can choose from various convenient methods, including:

Bank transfer

Debit card payment

Online payment platforms

Oxloan provides a clear repayment schedule and sends timely reminders to ensure you stay on track with your payments.


What documents do I need to apply for an Oxloan loan?

You will need a valid government-issued ID, a Bank Verification Number (BVN), and proof of income to apply for an Oxloan loan.

Can I apply for a loan if I have a bad credit history?

Oxloan considers various factors, including your credit history, when evaluating your loan application. While a bad credit history may affect your approval chances, it does not necessarily disqualify you.

How long does it take to get my loan approved?

Once you submit your application, it will be reviewed within 24 hours. If approved, you will receive the loan amount directly into your bank account within a few minutes.

What happens if I miss a loan payment?

Missing a loan payment may attract late fees and penalties. Oxloan encourages borrowers to contact their customer service team if they anticipate any difficulty meeting their repayment obligations

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