Loan App In Nigeria With Low Interest Rate | Top 20 Best Loan Apps. Get A Lost On The Best Loan Apps In This Post.
Loan App In Nigeria With Low Interest Rate: Emergencies can come up at any time and one might need a loan to sort things out. Are you in need of a list of loan apps that give loans with affordable and low interest rate? Then, you have come to the right platform for this information. In this article, you are going to get a list of the best loan apps in Nigeria. Let’s get started.
Loan App In Nigeria With Low Interest Rate
1. Carbon
One of the best loan apps we have in Nigeria is Carbon. It is a digital bank platform where you can invest, transfer funds and also pay bills. This app also gives you the ability to take loans. All you need to do is download the app on your phone or device, register, you would be given an appropriate loan amount based on the information you have filled.
2. P2Vest
Next on our list of best loan apps, we have P2vest. This app has a loan platform called P2VFB to manage lending activities. Yo8 can download this app on iOS and Android and you can get as little as 5,000 NGN to 2,000,000 NGN for a period of 12 months.
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3. Fairmoney
Next on our list of best loan apps, we have Fairmoney. All you need to do to get started is download the fair money app, register and you can take loans within a short time as well as buy airtime and even pay bills.
4. Branch
Next on our list of best loan apps, we have branch. You can get from as little as 1,000 NGN to 200,000 NGN on this loan app. One good thing about this loan app is that there is no late/ rollover fees, monthly interest is about 3% to 21% and an annual interest rate of 15% to 34%.
5. Aella Credit
Next on our list of best loan apps, we have Aella credit. This loan app can give you up to 1,000,000 NGN. There is an interest rate of 6% to 20%. The loan tenure is from 1 to 3 months with no late or rollover fees.
6. Palmcredit
Next on our list of best loan apps, we have Palmcredit. With palmcredit, you can get a quick loan of up to 300,000 NGN. The loan duration is about 91 days to 180 days and the interest rate is between 14% to 24%.
7. Quickcheck
Next on our list of best loan apps, we have Quickcheck. As a first-time user on quick check, you can get a loan of 10,000 NGN for a period of 30 days. This app is available on play store.
8. Alat Loan
Next on our list of best loan apps, we have Alat loan. With Alat by wema, you can get loan from the app without having to go to the bank. You can borrow up to 2,000,000 NGN on their terms and conditions.
9. Specta
Next on our list of best loan apps, we have Specta. This loan app is managed by a financial institution. You do not need any collateral or guarantor to be able to get a loan. You can even get up 5,000,000 NGN loan.
10. Okash
Next on our list of best loan apps, we have Okash. This app is a subsidiary of Opay and you can get up to 50,000 NGN loan with no collateral.
11. Jumiapay
Next on our list of best loan apps, we have Jumiapay. This app can be downloaded from play store, all you need to do is register and then apply for a quick loan.
12. Lidya Loan
Next on our list of best loan apps, we have Lidya loans. On this platform, you can get from 500,000 NGN to 35,500,000. If you have a business that needs a loan, then this platform is for you. Once your loan is approved, you would get it in 24 hours or less.
13. Migo Loan App
Next on our list of best loan apps, we have Migo loan app. You can get a quick loan on this platform of up to 500,000 NGN. The interest rate is also 5% to 15%.
14. Page Financials
Next on our list of best loan apps, we have page financials. You can get smooth and easy loan on this platform and they give from 100,000 NGN to 5,000,000 NGN. It has an interest rate of 3.76% per month and the loan tenure is 60 to 180 days.
15. Blocka Cash
Next on our list of best loan apps, we have Blocka Cash. You can get short term loans on blocka cash. the loans available are from 5,000 NGN to 50,000 NGN. The interest rate is 3% to 10% per month and the loan tenure is 60 to 180 days.
16. Kuda Loan
Next on our list of best loan apps, we have Kudi loan. This is by far one of the best loan apps with affordable interest rate. With Kuda loan, you can get up to 50,000 NGN loan with 0.3% daily interest.
17. Kredi Loan
Next on our list of best loan apps, we have Kredi loan. On this platform, you can get four types of loan which are: Kredi SME loan, Kredi Nano loan, Kredi salary backed loan and Kredi collateral backed loan.
18. Yescredit Loan
Next on our list of best loan apps, we have Yescredit loan. You can get from 5,000 NGN to 50,000 NGN on this loan app and it has an interest rate of 4.5% to 35%. Its loan tenure is also from 60 to 180 days.
19. Irorun
Next on our list of best loan apps, we have Irorun. You can get a quick loan from 2,500 NGN to 50,000 NGN. It has an interest rate of 5% to 29% monthly. The loan tenure is from 60 to 180 days.
20. Umba Loan
Lastly on our list of best loan apps, we have Umba loan. On this app, you can get over 50,000NGN loan and it has an interest rate of 10% with a loan duration of 62 days.
Frequently Asked Questions
1. Where To Borrow Money?
There are different places you can borrow money. They include: Banks, credit unions, online loan apps, family and friends and so on.
2. How Do I Borrow Money from Opay?
Use the loan USSD code *955# and then select the loan option.
3. Do Cash App Let You Borrow Money?
Yes, there is a loan feature on cash app.
4. Can I Make Money From TikTok?
Yes, you can
5. Which Loan App Is Like Palmpay?
Kuda, Opay, Chipper cash.
