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Loan apps in Nigeria: Get Instant Loan with best mobile loan app in Nigeria 2020/2021

Loan apps in Nigeria: Get Instant Loan with best mobile loan app in Nigeria 2020/2021

Loan apps in Nigeria: Get Instant Loan with the best mobile loan app in Nigeria 2019/2020. We all have that one time when we would need money urgently maybe for some personal use or for some other things that come and needs some funds to pull through and a quick loan at that point is the fastest way out.

Mobile Loan Apps in Nigeria

  1. Carbon (PayLater)
  2. FairMoney
  3. PalmCredit
  4. Branch
  5. QuickCheck
  6. Aella Credit
  7. KwikMoney
  8. SokoLoan
  9. KiaKia Loan
  10. CreditVille

Sometimes we do want to find the quickest ways to get the fund needed and that when you need to get a loan. It could be starting a business, funding an idea, and even getting money to handle urgent matters.

Thinking about borrowing money from a friend might really seem to be the best option sometimes but remember we all live in a time where everything is not that easy. Your savings might not even be enough, that is when getting quick loans comes in.

To help save you from whatever problem you need to sort out, different loan platforms are now in place to lend you with their terms and conditions until you are able to pay back.

They even go as far as considering your convenience and have developed apps to help make it easy and accessible. You can download the apps on your smartphones and use them. Now there is the existence of mobile loans in Nigeria.

You want to know about mobile loans in Nigeria with 24hrs loan in Nigeria, then  Read through this post from top to the end and after that, you can make your choice on the different loan apps in Nigeria.

BEST LOAN APPS IN NIGERIA 2020

  1. Carbon (PayLater)

Carbon was formally called the Paylater app when it first came into existence. Carbon is a top choice and most popular for most people to borrow money online. Looking for a platform to get 24hrs loan in Nigeria, carbon is close to you.

The platform borrows money to anyone either you working or not, Student or monthly salary earner even if you are an entrepreneur paylater is there for you when needed and getting money is very fast.

Carbon is also an investment app, so if you are looking for where to invest, consider carbon. Talk about mobile loan in Nigeria, consider carbon.

FEATURES

  • Access to credit easily
  • No need for guarantors
  • No need for collateral
  • It is so easy that you can apply for a loan on the 24/7 and receive funds into your account in minutes.
  • Recharge, pay bills, and transfer
  • Flexible user interface

One thing about Carbon is that you have to start from a point and as you repay your loans on time the more chance you have to get higher loans from the platform and it is always stress-free.

The carbon (PayLater) is one of the best loan app in Nigeria as it even gives you the chance to manage your credits right from the app so all your dealing is with the app. The app is well designed and programmed.

You can get the carbon app from the play store or visit their official website to know more about Carbon (PayLater).

DISADVANTAGES

Poor customer service

Have issues with BVN registration on the app

Isn’t a loan platform especially for business owners as it starts with a low rate

  1. FairMoney

The second app that gives access to quick loans online in Nigeria is the FairMoney Loan app. among the best loan apps in Nigeria, FairMoney has a good service. With FairMoney you can apply for loans online for as much as N150,000

FEATURES

  1. you don’t need any paperwork
  2. No collateral
  3. 100% stress-free to use the FairMoney Loan App to get loans.
  4. Flexible payment plan
  5. Flexible user interface
  6. More benefits
  7. 5% discount on recharge
  8. Bills payment

FairMoney also lets you spread your repayments in multiple installments for you have more flexibility and also make the app and services much easier for you. When you pay your credit on the time it opens more chances for you to get more benefits.

You can use the app to get your bills payment done also and you get up to 5% discount using the app to get airtime of any network in Nigeria. Looking for a platform to get 24hrs loan in Nigeria, FairMoney should be considered.

You should know that there will be some terms and conditions attached so make sure you check that before you apply for the loan but trust me the platform is great. Talk about mobile loan in Nigeria, consider FairMoney.

DISADVANTAGES

Sometimes after the payment of the first loan has been paid

The recent update done on the app causes a little issue for users

Sometimes they do not keep to the end of their policies

  1. PalmCredit

The next one among all of the best loan apps in Nigeria is Palmcredit. With Palmcredit you can get a loan for as low as N2,000 and as high as N100,000 straight from the app.

On Palmcredit getting quick online loans is also very easy and quick. With just a few steps then you have everything in your control to get the loan you want.

Looking for a platform to get 24hrs loan in Nigeria, PalmCredit is perfect.
Talk about the mobile loans in Nigeria, consider PalmCredit.

FEATURES

  • Quick access to loans
  • Get a loan as low as 2000
  • Reward for referrals
  • Flexible user interface

Also, Palmcredit gives reward offers for referring people to Palmcredit.

DISADVANTAGES

They lack 24/7 customer care service

Interest rate is high

No flexible user interface

Poor customer service

  1. Branch

Branch loan platform is also one of the best loan apps in Nigeria and do you know the good thing about Branch? It doesn’t operate only in Nigeria but also, operates in other countries like Kenya, Mexico, and India.

Branch makes it easy for you to access loans for the way you live anytime, anywhere. Sign up in seconds, apply for a loan, and receive your money straight to your account. It’s a fast, convenient, and reliable way to access credit when you need it.

Money borrowed from Branch can be used for anything you prefer to use it for and no one is going to ask you about that not even Branch Officials. Talk about mobile loans in Nigeria, consider Branch.

FEATURES

  1. 24hrs  loan
  2. Get loan from 1000
  3. Low interest rate
  4. Flexible user interface
  5. Quick access to credit

You can borrow loans as low as N1000 and as high as N200,000 from Branch loan app and with little interest is what you will pay back on any money you borrow but this varies depending on the country you are.

DISADVANTAGES

Does not give immediate loans sometimes

Takes a longer time for loan approval

  1. QuickCheck

Using QuickCheck app on your phone anytime any day you can get instant loans straight into your bank account. Their mode of borrowing money is really a great one and this makes them one of the best loan apps in Nigeria.

You get to access quick cash loans at single-digit interest rates, anywhere, anytime. This loan app for Nigerians helps Nigerians access instant online quick loans without collateral and it work seamlessly.

Using the app is as simple as other Loan apps we have talked about just that after signing up and you have applied for a loan they will run a credit scoring using an algorithm within a few seconds. Looking for a platform to get 24hrs loan in Nigeria, QuickCheck is by the corner.

Some reasons why this app is special is because of 1. You can choose when to pay back 2. You can borrow money up to  200,000. Talk about mobile loan in Nigeria, consider QuickCheck.

FEATURES

  1. 24/7 access to loans
  2. No collateral
  3. Low-interest rate
  4. Flexible user interface
  5. Quick access to credit
  6. Flexible payback plan designed by the user

DISADVANTAGES

Poor support system

Have payment issues sometimes

Takes a longer time to approve loans sometimes

  1. Aella Credit

Another sure quick loan platform is the Aella Credit loan app. They have very good customer relations and their helpdesk is always ready and fast to respond to your inquiries.

No hassles, no stress with the Aella credit app Just download the app from Google play store and fill in all of the necessary information to use the app and get access to instant loans anywhere you are.

Make sure your details are correct and are in correlation with the information you put down to enable you use the app. Looking for a platform to get 24hrs loan in Nigeria, Aella Credit is a sure bet. Talk about mobile loan in Nigeria, consider Aella Credit.

FEATURES

  • 24/7 access to loans
  • Get loan from 1000
  • Low interest rate
  • Flexible user interface
  • Quick access to credit
  • 24/7 support system

DISADVANTAGES

Have issues with transferring money from e-wallet

Por customer support system

They sometimes experience operational difficulty

  1. KwikMoney

Getting money on KwikMoney is really different How? Just like the name implies 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 process the loan within seconds using only your phone number and get the money straight in your bank account. The repayment plan is within 14Days to 30 Days.

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. Talk about the mobile loans in Nigeria, consider KwikMoney.

FEATURES

  • 100% access to loans
  • Low-interest rate
  • Flexible user interface
  • 100% no stress
  1. SokoLoan

Another app 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.

SokoLoan is 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. Looking for a platform to get 24hrs loan in Nigeria, Sokoloan is good to go.

The earlier you pay your borrowed cash the more you increase your loan limits. Talk about mobile loan in Nigeria, consider Sokoloan.

FEATURES

  1. Instant loan approval
  2. Reliability and data security
  3. 24hrs loan service
  4. Flexible user interface
  5. Quick access to credit

DISADVANTAGES

They take payment before the due date

They do not keep up with their own end of the policy sometimes

  1. KiaKia Loan

Another sure platform for quick loans in Nigeria is the KiaKia Platform. KiaKia is a Yoruba word which actually means Fast Fast which is to say the money giving is fast at the process.

If you have any business that you need funds to build KiaKia Money is ready to give loans KiaKia. Kiakia is also an investment platform with a yearly interest rate of 28%

To have access to this loan dial *822# on your mobile phone, you can get access to loans from Sterling bank, the official owners of Kiakia loans. Looking for a platform to get 24hrs loan in Nigeria, Kiakia is perfect.

All you need is to visit the Kiakia official website anytime any day to make start your loan process. There is an assigned virtual personalized agent ready to attend to you anytime. Talk about mobile loan in Nigeria, consider KiaKia.

FEATURES

  • 24/7 access to loans
  • 24/7 standby service
  • Low interest rate
  • Flexible user interface
  • Quick access to credit

DISADVANTAGES

Sometimes takes a little longer to credit users

  1. CreditVille

Unlike other loan platforms that give loans to both employed and unemployed people, CreditVille offers CASH LOANS (For Salary Earners & Business Owners) to meet urgent needs on any aspect needed.

It is so good at CreditVille that it attends to serious and urgent needs.

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 your financial needs. Looking for a platform to get 24hrs loan in Nigeria for your business, creditville is perfect.

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 quick Time. Thinking about mobile loans in Nigeria, consider CreditVille.

FEATURES

  1. 24/7 access to loans
  2. No collateral
  3. Low-interest rate
  4. Flexible user interface
  5. Quick access to credit

 

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