4. If you have any questions, please call 1-800-745-1011. 5⭐/813k reviews. Apply for approval. 13. 48%. Also, the loan repayment period is between 1 to 6 months. 6) to ₦500,000 ($1215. Most online loan apps have a loan repayment of between 7 to 30 days. Discover® Personal Loans: Best for Online loans for excellent credit. By Admin October 19, 2023 Loan App, Loan App Downloads 0 Comments. *The Annual Percentage Rate ("APR") is the cost of your loan expressed as. 5% monthly. To get a Migo loan, all you need is the phone number linked to your BVN and that’s it. Borrow money online with Easemoni app, downlaod Easemoni to get cash loan now!🎉. CreditVille. FairMoney Online Loan App answers your cash needs fast and easy! - Instant personal loans from ₹1,000 up to ₹60,000. 5% and 30%. If you have any questions, please call 1-800-745-1011. 1. 😅Omo, there is… Sort of. It’s a smart banner that rolls when users are browsing a site associated with a native. Apply for a loan and wait for the approval. Carbon (Paylater) Loan App. At Page Financials, our Personal Loan scheme is clear, upfront, and based on your personal needs. Apply for a loan. When they confirm your data, you can get a loan from them within 5 minutes. Interest: NGN 10,000 times 30%/365 times 91 equals NGN 748. You can get paid up to two days early or spend up to $200 more than you. Under the address to the bank, “Dear Ma/Sir” should be written. This loan app Carbon is there for you when you need money. Eligibility: Candidates must be between the ages of 18 and 60. 3 No collateral. In March, Nigerian authorities raided the offices of seven different loan apps, citing complaints of bullying, harassment, and privacy violation. 5. 50, or 482. Quickcheck. Can pay old creditors directly with debt consolidation loans. Money Tree is different. We’ve spent countless hours optimising our experience to make first-time setup simple. 4. We chose the best lenders based on the. 50, or 482. # RATES AND FEES # NIGERIA: Loans range loans from 10,000 to 300,000 with terms from 62 days to 180 days. 5. List of Government Approved Loan Apps in Nigeria – Trusted Loan Apps in Nigeria. Idaho: The cost of a $100 payday loan is $18. 5/5. This loan is payable for as early as fifteen days, and for as long as three months or one hundred eighty days. Loan amounts range between ₦1,500 to ₦3,000,000. With all your transactions in one place, tracking work expenses is a breeze. Here are the top loan apps in Nigeria to get a quick loan without collateral: 1. EaseMoni. In Nigeria, loan app approval rates have been steadily increasing in recent years. Quickcheck. Page Financials is a reliable loan app that offers loans of up to N5 million, catering to both individuals and small businesses. A business loan costs approximately $175 per $1,000 borrowed. Piggyy Rating. Just like Carbon, the Branch app unlocks more significant loan amounts when you make your loan payment early. It offers a variety of financial services beyond loans, such as bill payments and investments. Lady counting money (FairMoney) fairmoney. Branch. QuickCheck is a student-friendly loan app in Nigeria, providing loans of up to ₦500,000 with interest rates ranging from 2% to 30%. Specta. The interest rates on QuickCheck loans range from 2% to 30%, with an equivalent monthly interest rate of 1% to 21%. For granting loans for only 7 days instead of the. For a start, you need to build a website to gain more trust and users. Loan fintech companies constitute a significant chunk of Nigeria’s over 200 stand-alone tech start-ups. List of Best 10 Loan Apps in Nigeria. Building a high-quality fintech app (like a loan app) in Nigeria requires a significant investment in time and money. 82 which includes finance charges of $1,380. Beware Of Moneytree Loan App by fyneguy: 4:40pm On Nov 14, 2022 There is a gimmick some of these loan apps now use to swindle hapless members of. You can get a loan of up to ₦1 million from this app. A simple way to get on top of your expenses and make your taxes quick and painless. 50 and has an APR (Annual Percentage Rate) of 430. Access up toN5, 000, 000 in hours for any purpose. $1 - $1,000. Despite the abundance of fraudulent loan applications on the Google Play Store, the vast majority of fake loan apps can only be obtained via unofficial platforms. Download Moneytree - Finance Made Easy and enjoy it on your iPhone, iPad and iPod touch. 1. arrow_forward. Login to your debit card. Follow the guide on the app to complete your application. If you are an existing Moneytree Customer, and do not have an online account, you can register online or call 1-800-745-1011 24 hours a day, 7 days a week, for assistance. The top 10 loan apps in Nigeria for 2023 include Paycredit, QuickCheck, Alat by Wema, Branch, Aella Credit, Carbon, KiaKia, FairMoney, Okash, Umba Instant etc. Renmoney App is one of the best loan apps in Nigeria with low interest rate. Branch offers loans from ₦1,500 to ₦150,000. 5. Your initial loan limit is established based on: Your income; The information you provide on your loan application; The information in your consumer report provided by a consumer reporting agencyBusiness Loans. 5 Best Loan Apps in Nigeria today 1. According to a report, the approval rate for personal loans from online lenders was 76. *The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. If you need further information on the Credit Ville loan app, our detailed guide can help!. Interest rate: 1. Next on my list of loan apps in Nigeria is Aella credit. The maximum loan amount in Washington is $700 or 30% of the customer’s gross monthly income (whichever is less). 50 and has an APR (Annual Percentage Rate) of 482. Quick credit provides nano loans to individuals in need, at a fair interest rate. 48%. Apply Now . 50 per $100 A payday loan costs $16. Kwikmoney (Migo) Kwikmoney, now rebranded as Migo, was a popular lending app in Nigeria that connected people in need with lenders quickly and easily. 04 and is based upon you agreeing to make 5 payments of $128. (090) 90896919. Personal loan amounts vary based on your state. ︎Nigeria resident. In August, the commission requested Google to remove four apps from its Play store. Best Loan Apps In Nigeria. - Annual interest rates range from 12% to 36% per annum. Best instant personal loan apps in Nigeria with lowest interest rates. Moneytree offers fast, flexible and immediate business loans. It is the only online banking app in Nigeria that lets you transfer money, gives you 2% cash back for every bill you pay, invest to earn up to 15% returns, and borrow money. In Nevada, a $100 payday loan costs $16. Ratings and reviews are from real consumers who have used the lending partner’s services. 04 which includes finance charges of $271. Apply online. According to the motion, these unregulated Nigerian fintech companies shame, threaten customers for late payment of loans; Cognizance of the need to investigate activities these fintech companies. 33 due every two weeks and one final payment of $72. *. Simply fill in your personal details and the bank account number you’d want it credited into. The loanable amount for MoneyTree ranges from a minimum amount of Php2,000 up to Php10,000. It’s perfect for comprehensive planners and advisors holding a diverse book of business, ranging from young clients, to clients with complex financial lives, to clients who are retired or approaching retirement. 4% in 2019. Africa Re House, Plot 169 Karimu Kotun St, Victoria Island 101241, Lagos, Nigeria E-mail:. This process should take 10 to 20 minutes. Also, it might seem a little but it is wise to keep the amount small to avoid default payments on the part of the client. The app allows users to apply for loans ranging from ₦1,000 to ₦200,000, with 4 to 64 weeks repayment periods. Find a local branch or call 1-800-745-1011 to get started! Phone number: (+63) 908 896 2036. Repayment terms can extend up to 12 months. With Palmcredit, you can apply for a loan directly from the app for as little as N2,000 or as much as N100,000. Average monthly interest rate: 2. Weight Tracker + Live Healthy. you can get loans in Nigeria without collateral and the Next is Snap credit. Specta. We have been happily helping customers since 1983. Carbon’s digital banking services are designed to change the way you bank,. Okash Loan App. A business loan costs approximately $175 per $1,000 borrowed. Identity verification: BVN is a unique 11-digit number that is linked to a person’s biometric data, such as their fingerprints and facial features. This loan app offers you up to N200,000 with varying interest rates depending on the nature of the loan. #Product Features 1. 8. KiaKia. We guarantee fast turnaround in processing your loan as well as same-day access to funds (once approved). Find a local branch or call 800-745-1011 to get started! Here are the top loan apps in Nigeria to get a quick loan without collateral: 1. Carbon is a popular loan app that offers loans from ₦1,500 to ₦1,000,000 with interest rates starting at 5%. Loan Apps Without BVN in Nigeria. With the Brigit mobile app, you can link a checking account that receives regular direct deposit paychecks and receive up to $250 in payday advance funds at no charge to you. 48%. Others are Crediting, Swiftkash, Hen Credit loan, Nut. Specta is an Access bank loan product that offers mobile loans in Nigeria up to the tune of N5 million without any collateral. Brigit. Branch loan Is one of the leading personal finance loan apps in Nigeria that provides access to instant online loans with no physical documentation. 9. Their loan limit: Most loan apps have a loan limit which they cannot borrow you above that amount. The “HTTPS” prefix can identify a secure website in the web address. Quickcheck is another loan app like Fairmoney that provides instant loans to individuals in Nigeria. The Elite Quick Loan is a general-purpose unsecured loan available to low and middle-income earners to help them meet their personal or business needs. The interest rate for a specta loan is 25. Set up your online account today! Call 1-800-745-1011 or. Nellis branch, our Flamingo Park branch, and our W. 07%. *. Login. 04 and is based upon you agreeing to make 5 payments of $128. With 8 Branches in Colorado, the money you need is just a short drive away. With only the use of an Android device and a few basic specifications, you can apply. - Custom repayment schedule - unlike the other lenders, we allow you settle your loan in split payments, pay parts of your loan whenever you have it. 2. The information you provide on your loan application; The information in your consumer report provided by a consumer reporting agency;The Nigerian government has delisted 37 suspicious loan apps, according to the Federal Competition and Consumer Protection Commission’s new report. Branch Loan. 3 Month Loan Term: A $500 loan would cost $771. Finder Rating: 2. Apply online. Out of the total 173 instant loan companies, 119 have been given full approval to operate, while 54 are on conditional approval. Moneytree offers fast, flexible and immediate business loans. Moneytree offers fast, flexible and immediate business loans. The list of fake loan apps in Nigeria is growing everyday especially due to the increase in mobile technology which has led to high demand for quick loans in Nigeria. Branch is much more than an online loan app to borrow instant cash. Their personal cash loans range from ₦2,000 to. *. google_logo Play. The fees and interest for a business loan vary based on the amount borrowed and the length of the loan. The loan app uses credit score techniques that involve your phone number,. ALAT. 4. Get Android app Get iOS app. 3. Kia Kia loans as it implies in Yoruba dialect means fast loan and of course the platform is not just on the list of best loan apps in Nigeria for fun, it appears to be a reliable loan platform that offers secure loans for small, medium and huge business enterprise. You can apply for a loan from N1,500 to N500,000 without providing paperwork, a guarantor, or any licence. SoFi Personal Loan: Best for Online loans overall. Rates starting at 6. Alat By Wema App. up to $25,000. Be it a loan for every need whether you require a quick online loan, payday loan or even an emergency loan, Page has you covered. The approved amount will be credited to. A spending tracker or budget manager app can often be too overwhelming and time consuming. 49 with an APR (Annual Percentage Rate) of 363. With so many monthly loan apps available, it’s crucial to pick the right one. 1. *. 3 No collateral. The Federal Competition and Consumer Protection Commission (FCCPC) have released a list of 173 companies approved to operate as digital money lenders, popularly known as loan apps in Nigeria. Benefits of P2P. Kenya and Nigeria are major tech hubs in Africa, and have witnessed the proliferation of loan apps, offering quick unsecured personal loans of up to $500. Age: From 21- 60 years; Min Loan:. 65 in total repayments, resulting in an annual rate (APR) of 460. The company provides low-interest rates between 4% – 24%. Loan amounts on this app range between ₦1,500 ($3. Address: 60 Adeniyi Jones Ave, ikeja, lagos, Nigeria. Finder Rating: 2. Step 3. A Moneytree signature loan lets you borrow the cash you need so you can take care of whatever life throws at you. Business Loans. 33 due every two weeks and one final payment of $72. Download and install the app. Irorun Loan App, one of the new loan apps in Nigeria, is making waves with its simple and customer-friendly approach. Nicenaira is a payday loan app in Nigeria, in a normal term it is an… Read More. MoneyTree. Create an account – after downloading and installation of the loan app, the borrower creates account on their loan app. It comes at a monthly interest rate of 1. Palmcredit. Cost. Your loan limit is established after your application is approved and may be less than the maximum loan amount. 5⭐/813k reviews. 4%. Fill in your Bank Verification Number (BVN) and add your ATM card. *. Don’t forget to download Quick check app on play store. One major red flag on loan apps is unavailability on Google Play Store. Same day approval and funding - just complete a simple application. *The Annual Percentage Rate ("APR") is the cost of your loan expressed as. Simply stop by a Branch, fill out the short application and you’ll be on your way in no time. $22 per $100 A signature loan costs $22 per $100 borrowed. On this platform, you can easily get loans by simply downloading the app from App Store, signing up as a borrower, and getting connected to a lender that accepts your loan application. Download FairMoney. If you have any questions, please call 1-800-745-1011. About this app. EasyCredit (1 million downloads) EasyCredit prides itself as a secure, reliable, and online loan app in Nigeria. With a simple registration process, users can apply for loans ranging from ₦2,000 to ₦500,000 without collateral. '. Loan apps in Nigeria provide a convenient and accessible way to borrow money quickly and easily; The top 5 loan apps in Nigeria are X, Y, Z, A, and B; To choose the right loan app for you, consider your borrowing needs, research and compare loan apps, and apply for the loan; Emphasize the importance of responsible borrowing and. FairMoney. SYCAMORE INTEGRATED SOLUTIONS LIMITED. You can apply for a SmartLoan loan 24 hours a day, 7 days a week with our quick application process that lets you know your status within minutes. It is easy to use and you can get a loan quickly without much delay. With over 1 million downloads as of Q2 2022, the app gives out instant loans from N3,000. FairMoney. Moneytree just played a fast one on me today. Okash added that its interest rate is calculated on a daily basis and has an Annual Percentage Rate (APR) ranging from 36. Learn how to download the app, create an account, and apply for a loan. Casafina Credit Limited a licensed credit provider incorporated by the corporate affairs commission of Nigeria and operating under money lending License. The Federal Competition and Consumer Protection Commission (FCCPC) has deleted the list of all approved loan apps, otherwise known as Digital Money Lenders (DMLs) from its website. *The Annual Percentage Rate ("APR") is the cost of your loan expressed as. 10. The app is one of the best loan apps in Nigeria because; 1 Limit range from NGN10,000 to NGN300,000. Simply download the app to start the quick and easy application procedure, receive your funds, and repay within 15 days or one month. PalmCredit has over 1 million downloads on Play Store with 4. the ranking 12,471 st website in Nigeria, is a mobile lending platform that offers online loans in Nigeria. It charges flat interest rates of 6% and insurance of 0. Many loan apps offer rates as low as 1. √ A minimum loan of NGN 5,000 with a ID Card. Your loan limit may change based on the loan product applied for, your credit history with Moneytree or a change in any of the above. I received a call from their staff that they noticed I had a good credit rating and would like to offer me a loan of N50k for 30 days, to pay back 60k. QuickCheck loan is disbursed through the mobile app, which users can download, install and apply for a loan. FairMoney is an automated online moneylender that provides single payment loans, instalment loans and payroll loans for borrowers. Similarly, imoney Nigeria, a lending app that is notorious for predatory loan terms and collection agents that use every foul tactic in the book, is known to be owned by XGO Finance Limited, which also owns two other loan apps: Credit9ja and XCredit. 75% - 30%, with an equivalent monthly interest rate of 1 - 21%. The company provides low-interest rates between 4% – 24%. The company says it aims to “provide real options to help solve life’s problems. How to identify fake loan apps in Nigeria. Business Loans. FairMoney is a popular loan app in Nigeria that allows you to access loans without a BVN. 1. See more details in the samples below. *. Advertising. 32 percent. Branch Instant Loan App. First, download and Install the loan app – A borrower downloads the loan app on their mobile device from the Google store and installs it . I Need a Loan of 50,000 Naira in Nigeria. Borrow money online with Easemoni app, downlaod Easemoni to get cash loan now!🎉. 6. 48%. 2. 24 to 84 months. 57 with an APR (Annual Percentage Rate) of 363. The cost of domain registration may vary from $20 to $100, and higher. The Federal Competition and Consumer Protection Council (FCCPC) has begun regulating the operations of loan app companies, sensitizing the public against the illegal operators. Follow this guide below to. Interest rates are competitive at 2. Fill in your details. Additionally, borrowers have the flexibility to choose repayment periods spanning from 91 days to a more extended 12-month term. How to Borrow Money on XCredit Loan App. The domain of your platform should be rather short and memorable, and, of course, it must be unique. Ajobox. THE Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission, (FCCPC), Babatunde Irukera has vowed to address the way loan apps obtain and download the phone contact list of customers. Foosball Goalkeeper. Licensed by. 745. Download the Palmcredit App to get instant and flexible loans at affordable rates. Carbon is one of the top 10 best loan apps in Nigeria right now. This loan is payable for as early as fifteen days, and for as long as three months or one hundred eighty days. 3. To identify a fake loan application, go to their official website and make sure the URL is secure. QuickCheck loan is disbursed through the mobile app, which users can download, install and apply for a loan. . The Fairmoney interest rates (monthly) range from 2. 5. Online advocacy groups and loan firm victims have devised ways to stop calls, alleged intimidation, and harassment by loan app debt collection agents because, according to them, regulatory. 18%. Your clients have worked hard, saved, and invested, all in the hope of creating a brighter future for themselves and those around them. About this app. If you want a loan with longer repayment term, consider taking a business loan from your commercial bank. Find a local branch or call 1-800-745-1011 to get started! These apps include those it recently requested Google to remove from the Play Store. Due to the increasing number of fake loan apps on its platform, which enables 81 per cent of mobile. • Background Updates (Some exclusions may apply) • Data Export. With the most. Umba. QuickCheck is a. Here’s what to consider: Interest Rate: Monthly loan apps may offer interest rates ranging from 1. In the bustling realm of loan apps in Nigeria, a multitude of options beckon to offer you swift financial assistance. OKash is owned by Blue Ridge Microfinance Bank Limited. Get your Idaho payday loan securely and quickly with Moneytree. Even members can access Instapay at no additional cost, though the company may charge fees for a cash advance loan. We appreciate your. Google had slated January 31, 2023, as the deadline for the apps’ removal before moving it to March 27. The app is one of the best loan apps in Nigeria because; 1 Limit range from NGN10,000 to NGN300,000. Branch lending app is one of the best and most reputable loan apps in Nigeria giving loan amount of up to N500,000 and with over 10 million users as at the beginning of 2023. KiaKia Loan. Moneytree’s Customer Service Team is Open 24 Hours, seven days a week 364 days a year (every day except Christmas Day). 8%. Also Read: Lapo: How to Obtain a Personal Loan. OKash. Carbon, also known as PayLater, is the top app on the list of the top loans apps in Nigeria. Home; News;. It offers loans from #1,500 up to #90,000 with zero late fees, unlike other loan companies. BorrowNow loan has been banned from the Google Play store due to its violation of Google policies and unethical practice of sending threatening messages to its customers and their contact list. Quickchek loan app also makes it easy to get quick loans within a few minutes in Nigeria. 4. Disclaimer - Hive Empire Pty Ltd (trading as finder. These apps offer a variety of loan types and amounts, with varying fees and interest rates. 04 which includes finance charges of $271. You can borrow money up to 200,000. It is a pleasant provider which offers reliable loan services. Okash. PalmCredit has over 1 million downloads on Play Store with 4. Moneytree. Loan Product Information. 82 and is based upon you agreeing to make 25 payments of $72. If the loan offer meets your need, click on the button containing your loan amount. The fake loan applications in Nigeria are 9Credit, 9ja Cash, BorrowNow, Cash Mall, Cash Wallet, CashLion, Ease Cash, FastMoney, ForNaira, GGMoney, GoCash, GotCashger,. The fees and interest for a business loan vary based on the amount borrowed and the length of the loan. 50 per $100 borrowed. Chime. Check Out: Loan Apps that Give 1 Million Naira Loan in Nigeria. A customer would land on a loan app’s page in the app store following a link in an install-prompting banner. *The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. Business Loans. 50. Request for Sensitive Financial Information.