Do you need fast and
 instant loan apps in Nigeria that can give you loans without collateral? If yes, this article is for you.
A lot of Nigerians have lost all or a portion of their earnings because they are unable to work, especially during the current global epidemic.

Don’t ever go through the red again. No long queue. No bulky documents. All you need is your phone and you’ll have cool money.
Top 9 Best Loan Apps In Nigeria For Online Lending

Here’s a list 10 popular mobile loan apps in Nigeria.

1. Carbon Loan App

Carbon, also known as PayLater, is the top app on the list of the top loans apps in Nigeria.

It’s an easy completely online lending platform which offers short-term loans that can be used to cover emergencies or urgent cash requirements.

With only the use of an Android device and a few basic specifications, you can apply for an Paylater loan all day, seven days a week . Paylater offers an easy application process that gives you a status in just a few minutes.

Carbon App currently offers two loans:

Pay later (loans accessible to all) or Pay later Plus (loans to salaried workers).

Pay later platform allows you to pay for bill payments, recharge cards, your NEPA bill, and many other services.

As with any online loan You don’t require any documents or collateral to apply and be approved, besides an android phone that can download and utilize the application, and an identification card, which you can get all set to go.

Carbon can be downloaded as an application from the Google Play Store and visit the Official website for more information regarding carbon (PayLater).

 Fair Money App
Fair Money app is second-best of the loans apps available in Nigeria because of their excellent service.

All you have to do to complete a quick and easy application is download the application from the Google Play Store, receive the cash (without collateral) to pay back within the period of 15 days or one month.

It is essential to be aware that there are conditions and conditions that are attached to the loan and you should make sure you are aware of them prior to applying to get the loan.

Apart from providing loan, Fair Money also offers the recharge of airtime and payment of bills through their mobile app.

3. Palm Credit App

Another loan application that is available in Nigeria can be found in one called the Palm credit application. Palm credit is essentially an android application that gives loans to the users of the app.

It’s very simple and fast. The Palm credit loan is only available to those who are over the age of 18 and the amount of the loan is in the range of $2,000-$100,000.

In just a few steps, you’ll can take control of everything to secure the loan you need.

All you have to do is install to the Palm Credit App on Google Play store, and then enter your details, then register using your phone number or Facebook account. You will be able to finish the registration within a few minutes.

Additionally, Plamcredit gives reward offers when people refer others towards Palm credit. Aren’t you amazed?

4. Branch Loan App

The next one on my list of top loan applications for Nigeria includes The Branch app. The process of borrowing cash from an Branch loan is extremely easy and can be done in just 20 minutes or shorter.

Like the other loan apps that we have listed, Branch does not require any collateral in order to obtain loans. The only thing you need to obtain a loan is your telephone number , or your Facebook account and bank verification number and the number of your bank account.

You can get a loan from as little as $1,000 or as high as $200 000 through the Branch app for loans and with very little cost of interest.

Download your Branch App on Google Play store. You will need to fill in your bank and personal information to access your loans.

You’ll see an offer to lend on the dashboard. You should first take advantage of this so that you can get better rates of loans.

5. Kwikmoney (Migo)

Kwikmoney is also one of the mobile loan apps available in Nigeria. It can bridge the gap between your requirements and yours through making loans accessible.

All you require to have is you Smartphone along with your SIM connected with your account at a bank.

There are two methods to obtain a kwikmoney loan

Method 1

Enter *561# into the mobile of your phone.

Choose ‘Loans” and select “Request Loan”

Choose the amount you’ll need

Input your bank’s details and in a matter of seconds, the account is debited

Method 2


Input your number in the text box.

The verification number on your mobile phone. put the code in the text box on your phone

Simply click “Check Loan Offer” from the menu that appears.

Choose the amount of loan you need from the available offers shown.

Fill in your bank account details and in a matter of seconds, the account is credit.

All loans are due after 14 calendar days.

 Quick Check
Quick Check is a cutting-edge lending platform that will not be overlooked in the list of lending applications for Nigerians or for small businesses. or small-sized businesses.

According to the website, users have access to loans that are quick up to $30,000 with no collateral, for at least 15 days or more.

As you borrow more money get and pay in time, the better your credit score, and you can access even larger amount! It’s definitely among the most effective loan applications in Nigeria

Do not forget to download the Quick check application from the Google Play store

7. AellaCredit

The next on my top list of loans applications that are available in Nigeria are Aella credit. It provides loans from $1,500 to $90,000 with no penalties for late payment in contrast to other loan firms.

They pay a monthly rate of 4 – 29%, with a duration of 30 to 60 days.

How do I Apply to get Aella credit loan in Nigeria:

Get the Aella Credit application from the Play Store, enter your information, take a picture and make your pin, and with this you’re ready to go.

If you repay the loan on time and without delay You will be given the option of a larger loan the next time you are seeking an loan.

8. Kia Kia Loans

Kia Kia in Yoruba language is rapid and speedy. Kia Kia is among the top loan applications in Nigeria because it’s faster and more user-friendly.

One of Nigeria’s most innovative digital lenders, and the largest peer-to-peer marketplace KiaKia provides secured and unsecured loans. It also takes part in structured profit-sharing business transactions.

They concentrate their efforts at Micro, Small, and Medium Enterprises with enormous potential for growth, and without credit access through traditional banks.

9. Credit Ville

Credit Ville is an online money lender that offers Payroll-based consumer loans to those who are eligible through their employers.

The loan amount is taken out of their monthly pay.

Credit Ville can provide an urgent or emergency loan fast to your account once you’ve met the conditions required and submitting documents.

There are credit offers of between $100,000 and more from Credit Ville for up to 18 months with no collateral. be in a position to meet their financial requirements. Visit their website for more information.

Top Loan Apps In Nigeria

Here’s a quick overview of the top 9 reliable loan apps available in Nigeria:

Carbon Loan App

Fair Money App

Palm Credit App

Branch Loan App

Kwikmoney App

Quick Check

Aella Credit

KiaKia Loan

Credit Ville

It’s not about living with no problems, it is about solving issues. If you only have the hammer, you’ll think of every issue as nails.