Star loan app review: is it legit, how to apply and more - Startuppreneur

Star loan app review: is it legit, how to apply and more

Star loan is another loan app in Nigeria that give out personal loan. Their loan is without collateral or guarantor and you don’t need to visit any physical address, with just a click on your phone you will get their loan. With star loan you can get up to #100,000, though it depend on your credit score.

What is star loan

Star loan is a loan app where one can access a personal loan in Nigeria. The app can be download on play store but currently they are not on app store.


Requirements to apply for star loan

Before you can take a loan from star loan there are requirements you must meet which are

  • Have bvn
  • Have bank account
  • Be a Nigerian and reside in Nigeria
  • Have good credit score
  • Have phone number and email address
  • You must not have defaulted on any loan before

How to apply for star loan in Nigeria

The first step to apply for loan is to head over to play store download the app and register
Register with your name, email address and others

You will be asked to link your ATM card, do so and proceed


After registration login in to your dashboard and locate loan option

Click it and apply for loan

You will be shown the amount of loan available for you.

After applying, they will review it and once accepted your bank account will be credited.

Note: their review process might takes time

Repayment of star loan

To repay your loan, head over to your dashboard

Locate loan repayment and click it

There you will see option  to repay with your

ATM card or transfer into the bank bank account provided

I will advice you to pay with ATM card to avoid error

Amount you can loan from star loan

With star loan you can loan up to #100,000 though it depends on your credit score. As a first timer you might not get up to this but as you take loan and payback regularly the amount you can loan will increase

Star loan interest rate and repayment time

Their interest rate is between 5% to 30% depending on the amount of loan request for and repayment period. The repayment period is between 1 month to 6 months.

The repayment period is also determine by your credit score, if you have a good credit score you will be offer long repayment period.

Is Star loan legit

Star loan give loan to people but their review takes time. Star loan is legit but not advisable, there are a lot of negative review about them on play store and online. They are found of blackmailing people, sending derogatory words to peoples contact.

This is not a good loan app and I will advice you to stir clear of them.


To get loan is now easy in Nigeria, if someone is not careful he might fall into long life debt. Please take loan that you know you can pay back to avoid future problem.

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