There are many Online loan apps In Nigeria which are online, many are confirmed to be legit while some are not. In this article, we will be explaining the best and fast loan apps in Nigeria which offers you instant loan on registration.
Getting Loan in Nigeria sometime ago was a little bit hard, but since the development of apps by some private sectors, getting Loan now is as simple as ABC. Before, you can only get loans from Banks and they may request for collectaral. But now, even banks don’t request for collectaral before giving out loans as long as they have your BVN.
Please also note that all the apps which are to be mentioned below still need your BVN before a loan can be granted to you. Don’t be scared, your BVN is only needed to confirm your real identity before your loan can be approved and sent to your desired Account number.
Also note that this list is based on the ones I have used and confirmed that they offer genuine Loans and are sent to your account immediately it’s approved.
Best Loan Apps In Nigeria 2021 With Instant Approval
1. Branch Loan App
The branch Loan App is one of the loan app in Nigeria that has been legit and confirmed by many Nigerians. I have used the App and was granted a loan of #15,000 on application. Though they said that you can get up to 1 million Naira Loan from this app but there are some terms and conditions you need to meet before it can be approved. Branch Loan App is number one in our list of best loan app in Nigeria 2021. You can read more review about Branch Loan App HERE
2. Palmcredit Loan App
Palmcredit is another Loan App which I have confirmed personally that it’s legit. On my first Application, I was given a loan of 7,000 Naira and was later upgraded to 10,000 Naira after I made my repayment on time. Their interest rate is low and affordable.They are number 2 on our list of the best loan app in Nigeria. You can read more reviews about Palmcredit HERE
3. EasyCredit Loan App
Easy credit is a trusted loan app by many Nigerians because of their long time repayment period. This loan app offered me 5 thousand Naira on my first Application and was given a repayment period of 2 weeks. The earlier you make your repayment they upgrad your loan amount. They are number 3 in our list. You can read more reviews about EasyCredit HERE
4. QuickCheck Loan App
Quick Check Loan App is another trusted loan app in Nigeria which is very fast in loans approval and has 90% assurance of approval. They are also reliable and very fast in loan disbursement to account. I was also approved immediately after applying for 5000 Loan. They are number 4 in our list. You can read more reviews on QuickCheck HERE
5. FairMoney Loan App
Another trusted and confirmed legit loan app in Nigeria is Fair Money loan app. They are very fast in loan disbursement and has a high rate of loan approval. Their repayment period is also up to 90 days. They have been in existence for over 3 years. I was given a loan of 4000 in my first Application and was upgraded once i paid back. They are number 5 in our list. You can read more about FairMoney HERE
6. 9ja Credit Loan App.
This particular loan app gives you up to 300,000 loan depending on your profile. You can also get as little as 2000 Naira, all depends on your profile. They are also fast in disbursement of loans to your account immediately after approval. They have over 3 million downloads in playstore. They are number 6 in our list.
7. LCredit Loan App
LCredit Loan App is another good and reliable loan app in Nigeria which has been confirmed to be legit. They have up to 80% approval assurance and their disbursement is also very fast. I was given up to 4000 Naira on my first Application. They are number 7 on our list. You can read more reviews about this particular loan app HERE.
8. Carbon Loan App (Paylater)
Carbon Loan App is one of the loan app which I used and was credited immediately after approval. They have been in the game for a long time and has many good reviews from playstore. They were formally known as Paylater before they later changed their name to carbon few years back. They are one of the best loan app in Nigeria which has been confirmed to be legit and paying. They made number 8 in our list. You can read more reviews about this loan app HERE
9. Sokoloan App
Sokoloan App is a good and confirmed loan app which is legit in Nigeria. They have fast payment process once your loan has been approved. They are one of the loan app which I have used and can proudly say they are fast in loan disbursement. You can get up to 500 thousand Naira and as little as 2 thousand Naira. They are number 9 in our list of the best loan app in Nigeria.
10. Xcrosscash Online Loan App
Xcrosscash Online Loan App is another Loan App which is trusted in obtaining loan in Nigeria online. They are also fast in loan disbursement to account number which you provided. Also note that an active debit card is needed before your loan can be approved. They approved my loan of 6 thousand Naira to repay in a period of 2 weeks. They are reliable.
Please note that we made this list based on our experience with most of the online loan app and made our list of the best top 10.