It’s now easy and instantaneous to get loans within Nigeria.
If you’re in dire need of cash and want to get a loan without a credit check on your bank account, consider it done.
Whether it is to save your business from collapsing, pay school fees or attend to overdue rent, these loan apps got you.
All you need to do is choose a loan app tailored to your budget, sign up with your banking details, and apply for instant loans.
Once your application is approved, you’ll be credited the amount you borrowed.
Moreso, you’ll find the best practices on how to apply for instant loans with each of these apps.
Loans Without Credit Checks In Nigeria & How To Apply
- Renmoney
Renmoney is a low-interest loan app in Nigeria that offers loans to startups, salary earners, and public servants.
You can borrow up to ₦ 6 million without a credit check & paperwork and also get a repayment plan of 3-24 months.
How To Apply For Loans On Renmoney.
- Download the app or visit renmoney.com
- Fill out your application form online.
- Submit personal documentation such as a valid national ID, your real-time address, and the most recent statement of your banking history.
Wait to be credited, if approved and this may take up to 24 hours.
- Fint
You can get up to ₦500,000 in loan without collateral, if you need to quickly rescue your business from collapsing, Fint is the loan app you need.
Users of this loan platform get a repayment period of 1-12 months and an interest rate of 2.5% to 30%.
How To Apply For Loans On Fint.
- Head to fint.com
- Sign up using your banking credentials, like your full name, National ID, current address, and email.
- Provide your transaction history and utility bill document.
Upon approval, you’ll be linked to the lender that will credit the account you provided during registration.
- C24 Limited
You can get up to ₦ 7 million without collateral on this platform and, also get a repayment tenure of 5-8 months at an interest rate of 4% to 4.5%.
With its record-breaking 100,000 active users, the C24 Limited loan app has been the help Nigerians needed to acquire personal and business loans on the go.
How To Apply For Loans On C24 Limited
- You can simply apply by completing the following steps.
- Head to their website
- Create an account with your banking
- information.
- Ensure you’re between the ages of 22-58
- Upload a valid National ID
- Present your next of kin
- Submit an employment letter
- Provide your current banking history.
- Enter the amount to borrow
- Input for preferred repayment tenure(3-12 months)
If the application is approved, the said amount will be forwarded to the account you submitted
- Quick Credit
Quick Credit is another loan app that works without credit checks in Nigeria.
Aside from the fact that you can lend up to ₦1 million at an interest rate of 5% to 10%.
You also stand a chance to choose your most preferred payment tenure, which may run into months.
How To Apply For Loans On Quick Credit
- Open an account with Gtbank(If you don’t have any)
- Submit your National ID
- Provide your utility bill document
- Should be between the ages of 18-59
- Hold a deposit of ₦20,000 monthly.
- You must have a good repayment behavior
- You must have No record of pending debts
Wait for approval, and will be credited if approved
- Carbon
Carbon offers a variety of loan amounts to its clients based on their financial history and other criteria, such as credit score, financial stability, and repayment capacity.
If you are a new client, this range of loans may be available to you, ranging from ₦30k to ₦800k, provided that you meet the required criteria.
How To Apply For A Loan On Carbon
- To get started with carbon, you’ll need to;
- Get the app from Google Play or the iOS platform
- Submit all required documentation
- Make sure you reside in Nigeria.
- Have an active bank account.
- Submit your BVN for accreditation
- Provide a means to identify you
- Aella Credit
Aella Credit is another loan app in Nigeria that offers loans of up to ₦1,000,000 without collateral.
Borrowers are given a time frame of 3-6 months, and the loan app has a low-interest rate of 2% to 20%.
How To Apply For A Loan On Aella Credit
- Install Aella from app store
- Sign up with your banking information, providing your full name and real-time address.
- Fill in the application form, providing the amount you want and when to pay it back.
Wait for the loan application to be approved, then you’ll be credited
- Zedvance
This platform offers loans without collateral or guarantee, however, repayment behavior is a key factor in the likelihood of obtaining additional loans in the long run.
Various packages are available, with the nano package offering loan amounts ranging from ₦2.5k to ₦100k
For private workers, the loan amounts range from ₦50k-₦500k, and for public officials, the loans range from ₦20k-₦300k
How To Apply For A Loan On Zedvance
- Visit Zedvance’s website and sign up using your official details.
- Choose your preferred loan category and fill out the application form
- Respond to the verification queries with correct answers, including your real-time address.
Wait for approval, and get paid if approved.
- Rosabon Finance
There is no doubt that Rosabon Finance remains one of the most dependable loan applications in Nigeria, providing loans of up to 3,000,000 Naira without a credit check.
There’s more to it, All loan applications are processed and paid out to the borrowers within 48 hours, which helps businesses to find the necessary resources quickly and conveniently.
The loan period is typically 3-18 months, with a friendly interest rate ranging from 4.5-6%.
How To Apply For A Loan On Rosabon Finance
There are no two ways about meeting the following requirements.
- Download from the app stores
- Create an account on the platform
- Own a current bank account.
- Should be between the ages of 21-58 years.
- Should be a taxable Nigerian.
- Should be employed
- Should have a National ID for verification.
- Page Financials
With over 100,000 active borrowers, Page Financials has stood out as one of the loan apps in Nigeria that can offer loans of up to ₦5,000,000 to its applicants without a credit check
You can borrow and pay within a period of 6 to 12 months and an interest rate of 3.5% to 5%.
How To Apply For A Loan On Page Financials
Applying for a loan on this platform requires that you;
- Visit their website or get the app
- Sign up for an account
- Submit a National ID card.
- Provide a bank account.
- Enter a valid phone number
- Enter an Email address.
- Select the loan amount and when to repay
Wait for your approval, and get credited if approved.
- KiaKia
KiaKia is one of the household loan apps used in Nigeria that offers loans of up to N10,000 and N200,000 for first-timers without credit checks.
If you’re able to repay your last loan real quick, you’ll get the chance to borrow a larger amount when next you want.
Interest rates range from as low as 12% and as high as 40% which depends on a 6-18 months tenure.
How To Apply For A Loan On Kiakia
Kiakia does not ask for so much, and you don’t even need a guarantor or credit checks.
- Install the app or visit KiaKia.com
- Sign Up to get a loan with an active email
- Input your age, (must be above 21)
- Must a job or business
- Own an active means of identification.
- Present a real-time bank statement
Wait for approval and get the borrowed amount if approved.
Final Thoughts
Getting a loan without a credit check has become easier in Nigeria with the availability of several loan apps.
The loan apps offer different loan packages, interest rates, and repayment plans that suit individuals, startups, and public servants. Renmoney, Fint, C24 Limited, Quick Credit, Carbon, Aella Credit, and Zedvance are some of the reliable loan apps to get loans without collateral.
Applying for these loans is simple; you can download the app, sign up, provide the necessary documentation, and wait for approval.
The loan apps have come to the rescue of many Nigerians who are in dire need of financial assistance.
With these apps, you can get the cash you need to attend to overdue rent, pay school fees, or save your business from collapsing.
Therefore, if you need quick access to cash without credit checks, these loan apps are your go-to.