Top Loan Apps in Nigeria: Get Quick Money From Top 10 Loan Apps In 2021

Top Loan Apps in Nigeria

Top Loan Apps in Nigeria: Most often, many individuals and business owners might need some extra-cash to in handling some financial issues around them. In times like this when all means of getting money has been exhausted, the best alternative is to consider getting a quick and easily affordable loan online.

The process of accessing quick loans in Nigerian banks is quite lengthy and tedious for any individual that is only looking to access a small amount of loan for only a short period of time.

Thanks to the Fintech revolution in Nigeria, online lending startups are making it easy for businesses and individuals to have access to quick loans when the need arises. Here is a list of top 10 loan apps for online business and personal loans in Nigeria. There are other means of making money online that you can explore to become financially independent.

1. Paylater

Paylater is an easy-to-use and entirely online lending platform that provides short-term loans to individuals and small businesses in Nigeria to help cover unexpected expenses or urgent cash needs.

With Paylater, you can access up to 500,000 Naira loan with no collateral. Once your application is approved, funds are typically received within 1 – 3 business days. Making on-time repayments can grant you access to higher credit limits for your next loan.

Download the Paylater App to get quick and flexible loans at affordable rates.

2. Palmcredit

PalmCredit is a virtual credit card that makes it easy for you to access a loan anytime and anywhere. Palmcredit offers loans of up to ₦100,000 within minutes on your mobile phone.

With PalmCredit getting a mobile loan is simple. Apply for your credit limit in minutes, then take as many instant loans as you need without further approval steps. It’s a credit revolution!
As soon as you repay, your credit score is updated. Repay on time and watch your limit grow to N100,000.

Download the Palmcredit App to get instant and flexible loans at affordable rates.

3. Branch

Branch is a simple yet powerful mobile loan app in Nigeria and Kenya. Getting quick and instant loans on Branch App is so fast and easy. It will help you sort out your financial issues in real time.

Branch offers loans from ₦1,500 to ₦150,000. Loan terms range from 4 – 64 weeks. Interest ranges from 14% – 28% with an equivalent monthly interest of 1% – 21%, depending on selected loan option.

Download Branch App for access to quick and instant loans.

4. QuickCheck

QuickCheck is a modern lending platform for individuals and small businesses. QuickCheck uses mobile technology to enable individuals and small businesses to gain access to financial credit.

According to the platform, users can access quick and hassle-free loans of up to 30,000 Naira without any collateral for a duration of either 15 or 30 days.

You can get the QuickCheck App on Google Playstore.

5. Aella Credit

Aella Credit is building platforms that make it easier for individuals in Africa to gain access to financing. Mainly focused on employee lending and empowerment, the company was affiliated with three main credit bureau agencies in Nigeria to provide quick and affordable loans with no paperwork to its customers.

Aella Credit uses a proprietary credit scoring algorithm to determine the creditworthiness of its users. The algorithm, which was built after the team gathered over five years of market data and analysis, processes an applicant’s eligibility for a loan by considering social and demographic factors as well as their debt to income ratio.

Download Aella Credit App now to get started.

6. FairMoney

FairMoney offers short-term loans to help cover for urgent needs, bills, business and much more. They give access to loans at any time and anywhere with our loan application within 5 minutes.

FairMoney packages include personal loan, education loan, business loan & more. With the effective use of technology, they are able to provide a speedy and efficient loan app to all our esteemed customers.

7. KiaKia

KiaKia is a mobile web app that gives you access to personal and small business loans and also enables savers to lend out funds at negotiated interests through intuitive conversations.

KiaKia utilizes psychometry, big-data, machine learning and digital forensics for its proprietary credit scoring and credit risk assessment algorithm to provide direct and peered personal and business loans to millions of individuals and SMEs without credit information.

Click here to visit Kiakia mobile web app.

8. SokoLoan

Another app that can not be forgotten or left out on the list of best loan apps in Nigeria is SokoLoan. Sokoloan is easy to use the app and a very convenient app to use anytime any day to get Short Term Loans in Nigeria.

They are a Microfinance Institution, Soko Lending Company Limited intends to increase opportunities for the poor to access financial services by providing financial services to low-income entrepreneurs, Students who continue to learn, and more.

The earlier you pay your borrowed cash the more you increase your loan limits. The Sokoloan money lending platform/app is always there for you to get quick loans in Nigeria.

You Can download the SokoLoan app from the Google play store

 9. CreditVille

The last money borrowing platform on the list of my best loan apps in Nigeria is CreditVille. CreditVille offers CASH LOANS (For Salary Earners & Business Owners) to meet urgent needs on any aspect needed.

It is so good at CreditVille that if you need a Vehicle loan to get your preferred choice of vehicle, you can get that done at CreditVille.

You can get loan offers between N100,000 to N4,000,000 at CreditVille for up to 18 months without collateral to be able to meet their financial needs.

CreditVille Limited’s Payday Loan in Nigeria is a quick loan for salary earners and with CreditVille you can also get Salary Loans and they are fast and stress-free.

To apply for loans at CreditVille just visit their official website and fill out the application form and you get your applied loan without any stress in a Quick Time.

10. KwikMoney (MIGO)

Borrowing money on KwikMoney is really different How? You don’t need an app to get loans. The only thing you need is your Smartphone and Your SIM registered to your bank account.

You don’t need any documentation to get your loans out in few minutes. The earlier you repay your loan the higher your rate of money you can borrow the next time on the platform.

You can visit their official website (Kwikmoney.com) to process the loan within seconds using only your phone number and get the money straight into your bank account. You Have within 14Days to 30 Days to return the loan.

If you pay back the loan before the 14th day from the day you borrow the money you will not pay any interest. After the 14th day, there will be a 5% interest increase on the money you borrowed.

Wrapping Up

So those my top 10 best loan apps in Nigeria for quick money lending for your personal use or for business purposes.

The last money borrowing platform on the list of my best loan apps in Nigeria is CreditVille. CreditVille offers CASH LOANS (For Salary Earners & Business Owners) to meet urgent needs on any aspect needed.

It is so good at CreditVille that if you need a Vehicle loan to get your preferred choice of vehicle, you can get that done at CreditVille.

You can get loan offers between N100,000 to N4,000,000 at CreditVille for up to 18 months without collateral to be able to meet their financial needs.

CreditVille Limited’s Payday Loan in Nigeria is a quick loan for salary earners and with CreditVille you can also get Salary Loans and they are fast and stress-free.

To apply for loans at CreditVille just visit their official website and fill out the application form and you get your applied loan without any stress in a Quick Time.

So those my top 10 best loan apps in Nigeria for quick money lending for your personal use or for business purposes.

List of the Best Loan Apps for Nigerians 2021

  • Carbon (PayLater)
  • Branch
  • Palmcredit
  • FairMoney
  • Quick Check
  • Aella Credit
  • KwikMoney
  • SokoLoan
  • KiaKia Loan
  • CreditVille

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