I’ve been in same situation where I needed money for my business, but I couldn’t know the best loan platform in Nigeria.
Some of the loan apps in the list below gives huge loan even for new users, but you need to have a good bank records that worth the loan you want to apply for.
Top 5 Loan Platforms in Nigeria Without Collateral
I recognize this loan app to be among the best loan apps in Nigeria with loan interest, NO collateral, good repayment system.
This app is good for me and you get a loan worth your bank records, they inspect your phone and your bank records to calculate a loan that’s good for you.
FairMoney has a feature which makes you extend your repayment due date after every loan approval, this is good if you don’t have money on the due date. You can extend the due date on FairMoney after you get the loan.
This is another legit loan app in Nigeria with almost zero interest, I don’t say they don’t have internet but it’s too affordable and best rate.
The loan app gives a loan ranging from NGN50,000 to NGN200,000 or even more.
The loan approval is fast and have the best interest rate, the app don’t even ask about your full details what they need is your name, phone number, and a valid NIN to verify your account.
You can apply for loan after you verified your account and you should get the loan in few seconds.
This is fast and probably the best on the list that gives the best loan from NGN100,000 upwards, only if you can prove to them that your bank records worth the price. You have to should them your bank records before approval. Additionally, there’s a lite loan option for students who wants to get a loan.
CredPal is probably among the best loan platform in Nigeria with good potential. The have a feature known as Credit Card. This Credit Card will be always be available for you to withdraw from.
Actually, you need to wait for a whole 10 days for approval after applying for the Credit Card loan.
This is one of the best loan platform in Nigeria with loan interest rates. You can get a loan from NGN5000 — NGN200,000 with low interest rates.
Branch app makes it easy for you to fund your Branch wallet with a dedicated bank for finding the Branch wallet.
Getting a loan should not be difficult for you, you can get a peaceful loan from the apps mentioned above with loan interest rates. I hope this helps you. Moreover, you can invite your friends to the loan app above and earn some cash for yourself, Umba referral program is currently the best in the list above.