We live in a fast-pacing world. So fast that it has moved from the analogue to the current digital stage that we’re in. So fast that it has made getting loans as easy as just a few clicks on your Smartphone. Now isn’t that impressive?
Even without going to the bank and from the comforts of your home, I’ll be showing you 7 amazing apps you can access right now on your Smartphone app store to get loans and they usually respond in minutes. Great customer care and fair enough interest rates.
Whether getting money for school or personal use or even starting a business, these apps have made it easier to get loans within a few minutes of applying and with absolutely no collateral needed.
However, note these before you choose to use any of these apps
1. Yes, some of these apps will give loans as high as N200,000 and even N4,000,000, but you may have to have a very good credit history to be able to get very higher loans.
2. Your loan may be turned down if you fail to meet the requirements as the websites have certain algorithms in place to ensure they aren’t loaning out money that would be difficult to repay.
With that said, let’s begin!
1. Palmcredit – With Palmcredit, getting a loan is really simple. Install the app on play store and fill in your details. Then request for a loan and get a response in minutes. You build credit by paying back loans on time.
2. Branch – They offer loans ranging from N1,500 to N150,000. You can proceed to play store to download the app, set it up and apply for your loan. It also has one of the simplest but elegant interfaces across all lending platforms. Unlike other platforms, they don’t require you to fill in so many details before giving you a requested loan. You can visit them at www.branch.com.ng
3. Paylater – You could also get this one on play store, download, and set it up. This one may require more information to better tailor your loan request. You could also earn 15.5% on any of your investments using PayVest on this platform. Check out their website, www.Paylater.ng
4. ALAT – ALAT by WEMA offers loans of up to N200,000 with no paperwork whatsoever. ALAT is Nigeria’s first fully digital bank. So, you could create an account online and within 5 minutes you’re in. Then you could request for a loan on the platform. Also available on play store for download. Visit them at www.alat.ng
5. KiaKia – This one is quite interesting to use as it comes with an assigned personalized virtual agent called Mr. K which guides you through loans, reminders, transaction status and more. Loans range from N10k – N200k. You could visit them at www.kiakia.co
6. PaySense –With over 100,000 users, this has been one of the top on the list of loan apps in Nigeria. Install the app on play store and check how much you’re eligible for, set it up and you’re good to go. Check them out at www.gopaysense.com
7. QuickCheck – Another great app to get a stress-free loan. You can get loans up to N30,000 and interest rates as low as 1% per day. That’s actually a great one here. Check them out at www.QuickCheck.ng.
There you have it! 7 simple ways you could get a loan without much stress.