Best Loan Apps In Nigeria 2023

Ever been out of funds and need to settle some bills real quick?

Hmmm, a dicey situation indeed.

Today, I will be hooking you up with five (5) money lending platforms where you can get a loan in less than 10 minutes with no collateral or guarantor.

See also: How To Apply, Repay & Extend Migo Loan

1. Migo Loan 

Migo is a cloud-based money lending platform that grants instant loans to individuals.

Migo does not require a visit to their physical location before granting your loan request, all you need to do is to request the loan online. 

To make a loan request, follow the steps mentioned:

1. Click here to visit Migo website 

2. Click the get a loan button positioned at the top right of your screen 

3. Enter your phone number and tick the reCaptcha box to verify you’re human

4. Tap log in 

5. Enter the 6 digit verification code sent to your phone as an SMS 

6. Click verify

7. Make your choice from the loan offer made available for you

8. Enter the bank account number you’ll like to credit 

9. Expect your requested loan amount in the bank account you provided in 2 to 5 minutes.

See also: How Do I Qualify For FCMB Fast Cash Loan?

2. Xtracash Loan 

Xtracash is a money lending platform that offers short term loans to individuals in need.

Xtracash does not require a visit to their physical location before granting your loan request, all you need to do is to request the loan online. 

To make a loan request, follow the steps mentioned:

1. Visit the Quickteller mobile app or website

2. Locate and tap on the loan button

3. Click request loan

4. Locate loan offers from Xtracash and make your choice

5. Enter the bank account number you’ll like to credit  

6. Expect your requested loan amount in your bank account in 2 to 5 minutes.

See also: Carbon Loan Application|Is It Legit?

3. Carbon (Paylater) Loan

Carbon (Paylater) is also an online lending platform that provides short-term loans for covering unexpected expenses, your loan request can be made from the comfort of your home.

For Carbon (Paylater), the loan request has to be made on the mobile app, follow the steps mentioned below to get started.

1. Download and install the Carbon (Paylater) mobile app

2. Provide all personal details required of you, examples are name, email address, phone number, BVN, home address, bank account details and so on

3. Locate and click the request loan tab  

4. Choose your desired loan amount and its duration

5. Then submit

If you meet all their requirements, you will receive your loan in less than 5 minutes.

See also: How To Get A Loan From Aella Credit

4. Fairmoney 

Like other money lending apps mentioned above, Fairmoney provides instant loans for settling emergency needs.

Follow the steps mentioned below to get started:

1. Download and install the Fairmoney mobile app

2. Provide all personal details required of you, examples are name, email address, phone number, BVN, home address, bank account details and so on

3. Locate and click the request loan tab  

4. Choose your desired loan amount and its duration

5. Then submit

See also: Taj Bank Online Account Opening, Loan & Investment

5. Renmoney

Renmoney is known to grant personal and micro business loans, they give loans as high as N6,000,000 when the requirements are met.

1. Follow the steps mentioned below to make your loan request:

2. Click here to log into Renmoney money lending platform 

3. Fill in all information required of you and click the continue button

4. Now select your preferred loan amount, its validity and purpose of the loan, then click apply

A representative of Renmoney will contact you via mail or call to inform you if you will be granted the loan or not.

Originally posted on September 2, 2021 @ 11:23 pm