Top 10 Best Loan Apps in Nigeria 2019 For Business & Personal Use

top 10 best loan apps in nigeria

Ever wondered about the best loan apps in Nigeria you can use to get quick cash?

We all have that one time in our lives that we would need money urgently maybe for some personal use or for some other things that come and needs some funds to pull through and getting a quick loan might be the fastest way.

Starting a business, funding an idea and even getting money to handle urgent matters are not always easy. Sometimes we do want to find the quickest ways to get the fund needed and that when you need to get a loan. This article is about the best loan apps you can use in Nigeria.

These apps are one of the most trusted in the country when it comes to getting quick loans and not just the loans their services and a customer representative and even their platforms are trustworthy.

Thinking about borrowing money from a friend might really seem to be the best option sometimes but remember we all live in a time where everything is not that easy. That is when getting quick loans comes in.

Smartphones and websites are one of the most used things in this world if the internet, air, and electricity are included in the most used things in the whole wide world. This is why we can put our smartphones to good use.

You want to know about the best loan apps in Nigeria that can save you or help you in urgent times of need to get quick loans? Read through this post from top to the end and after that, you can select one out of all of the.

How To Get Loan Online in Nigeria

Have you ever wondered if there is a swift and easy method to get a loan online in Nigeria? Well, there is a way and fortunately, this method is very easy and very fast. Using loan apps is one way.

best loan apps in nigeria 2019

Benefits Of getting loans online via loans apps include:

  • You Have Access 24/7
  • No collateral is needed
  • It is very fast
  • You receive money directly into your bank account.

These are the benefits of using any of the best loan apps to get quick loans in Nigeria.

Banks and Microfinance Banks in Nigeria will also Borrow You Money and sometimes the money borrowed can get you very fast and sometimes it takes time. But there is always stress involved.

Top 10 Best Loan Apps in Nigeria To Get Quick Money

Now let see all of the best loan apps to get loans online in Nigeria. The list contains some apps and some website apps that give quick loans in Nigeria.

There are a lot of apps to get instant loans online in Nigeria but, I cannot mention all of the loan apps in Nigeria that is why I have decided to come up with the top 10 best loan apps and platforms to get quick loans.

Meanwhile, you should know that there are going to be some terms and conditions attached to each loan apps and platform to which they base their services on. You should be sure if the terms and conditions favor you.

Now let see all of the best loan apps in Nigeria for quick online loans and give you the chance to choose any of the platforms.

1. Carbon (Paylater) Loan App Get Fast Access To Cash

best loan apps in Nigeria

Carbon was formally called the Paylater app when first come into existence. Carbon is the number one choice and most popular for most people to borrow money online.

The platform borrows money to anyone either you working or not, Student or monthly salary earner even if you are an entrepreneur carbon is there for you when needed and getting money is fast.

They make access to credit easy. No need for guarantors, No need for collateral for you to use carbon. It is so easy that you can apply for a loan on the 24/7 and receive funds into your account in minutes.

One thing about Carbon is that you have to start from a point and as you repay your loans on time the more chance you have to get higher loans from the platform and it is always stress-free.

The carbon is one of the best loan apps in Nigeria as it even gives you the chance to manage your credits right from the app so all your dealing is with the app. And as a techie, I can tell you that the app is well designed and programmed.

Not only that you can get loans from Carbon (Paylater), you can also use the app to make payments to recharge any network in Nigeria, Pay bills for your services and also transfer money.

You can get the carbon app from the play store or visit their official website to know more about Carbon (PayLater).

2. FairMoney Instant Loans Anytime Anyday and Pay Bills

The second app which you can use to get quick loans online in Nigeria is the FairMoney Loan app. I choose this app as the second one among the best loan apps in Nigeria because of their good service.

fairmoney best loan apps in nigeria

With FairMoney you can apply for loans online for as much as N150,000 and you don’t need any paperwork, No collateral and it is 100% stress-free to use the FairMoney Loan App to get loans.

FairMoney also lets you spread your repayments in multiple installments for you have more flexibility and also make the app and services much easier for you. When you pay your credit on time it opens more chances for you to get more benefits.

You can use the app to get your bills payment done also and you get up to 5% discount using the app to get airtime of any network in Nigeria.

Download FairMoney App From Google PlayStore

But, You should know that there will be some terms and conditions attached so make sure you check that before you apply for the loan but trust me the platform is great.

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3. Palmcredit Loan App Get Money Anytime

palmcredit loan app

The next one among all of the best loan apps in Nigeria is Palmcredit. With Palmcredit you can get a loan for as low as N2,000 and as high as N100,000 straight from the app.

On Palmcredit getting quick online loans is also very easy and quick. With just a few steps then you have everything in your control to get the loan you want.

Also, Plamcredit gives reward offers for referring people to Palmcredit. 

Download the PalmCredit app from Google Play Store

4. Branch Loan App – Personal Finance App

branch loan app

Branch loan platform is also one of the best loan apps in Nigeria and do you know the good thing about Branch? It doesn’t operate only in Nigeria but also, it operate in other countries like Kenya, Mexico, and India.

Branch makes it easy for you to access loans for the way you live anytime, anywhere. Sign up in seconds, apply for a loan and receive your money straight to your account. It’s a fast, convenient and reliable way to access credit when you need it.

Money borrowed from Branch can be used for anything you prefer to use it for and no one is going to ask you about that not even Branch Officials.

Download Branch Money Lending App

You can borrow loans as low as N1000 and as high as N200,000 from Branch loan app and with little interest is what you will pay back on any money you borrow but this varies depending on the country you are.

5. QucikCheck – Instant loan Cash Money

quickcheck loan app

With QuickCheck app on your phone anytime any day you can get instant loans straight into your bank account. This is one of the best loan apps in Nigeria and this is because their mode of borrowing money is really a great one.

You get to access quick cash loans at single-digit interest rates, anywhere, anytime. This loan app for Nigerians helps Nigerians access instant online quick loans without collateral and it work seamlessly.

Using the app is as simple as other Loan apps we have talked about just that after signing up and you have applied for a loan the will run a credit scoring using an algorithm within few second.

Some reasons why this app is special is because of 1. You can choose when to pay back 2. You can borrow money up to  200,000. Download The QuickCheck App From Google PlayStore

Best Loan App in Nigeria 2019

You might be thinking that which of these apps is the Best Loan App in Nigeria in 2019? Not be biased in my judgment I wouldn’t choose any platform is exactly the best because of each money lending platform have their sides.

What favors you that made you want to borrow money from a platform might not favor another person and that person might not want to use the money lending platform that you use.

So I’d say I wouldn’t choose any platform as the best loan app in Nigeria for 2019 as the best because of the reason I have stated above and all of the loan apps are good based on if Their Service Favors You and Your Need

 6. Aella Credit

aella credit loan app

Another sure app you can get quick loans from is the Aella Credit loan app. They have very good customer relation and their helpdesk is always ready and fast to respond to your inquiries.

No hassles, no stress with the Aella credit app!! Just download the app from Google play store and fill in all of the necessary information to use the app and get access to instant loans anywhere you are.

Make sure your details are correct and are in correlation with the information you put down because that might make it impossible to use the app if the details are not correct.

7. KwikMoney Apply For Instant Loans in Nigeria

kwikmoney online loan platform

Borrowing money on KwikMoney is really different How? You don’t need an app to get loans. The only thing you need is your Smartphone and Your SIM registered to your bank account.

You don’t need any documentation to get your loans out in few minutes. The earlier you repay your loan the higher your rate of money you can borrow the next time on the platform.

You can visit their official website ( to process the loan within seconds using only your phone number and get the money straight in your bank account. You Have within 14Days to 30 Days to return the loan.

If you pay back the loan before the 14th day from the day you borrow the money you will not pay any interest. After the 14th day, there will be a 5% interest increase on the money you borrowed.

8. SokoLoan – Borrow Money with ease

sokoloan app instant money

Another app that can not be forgotten or left out on the list of best loan apps in Nigeria is SokoLoan. Sokoloan is an easy to use app and a very convenient app to use anytime any day to get Short Term Loans in Nigeria.

They are a Microfinance Institution, Soko Lending Company Limited intends to increase opportunities for the poor to access financial services by providing financial services to low-income entrepreneurs, Students who continue to learn and more.

The earlier you pay your borrowed cash the more you increase your loan limits. The Sokoloan money lending platform/app is always there for you to get quick loans in Nigeria.

You Can download SokoLoan app from Google play store


9. KiaKia Loan – Swift & Convenient way to Borrow Money

This is another sure platform to borrow money and quick loans in Nigeria is the KiaKia Platform. In Yoruba land (Nigeria) KiaKia actually means Fast Fast which means this money giving is fast at the process.

If you have a business and you need funds to build the business KiaKia Money is ready to give loans ni KiaKia

All you need is to visit the Kiakia official website ( anytime any day to make start your loan process. There is an assigned virtual personalized agent ready to attend to you anytime.

10. CreditVille – Quick Online Loan in Nigeria

The last money borrowing platform on the list of my best loan apps in Nigeria is CreditVille. Creditville offers CASH LOANS (For Salary Earners & Business Owners) to meet urgent needs on any aspect needed.

It is so good at CreditVille that if you need a Vehicle loan to get your preferred choice of vehicle, you can get that done at CreditVille.

You can get loan offers between N100,000 to N4,000,000 at CreditVille for up to 18 months without collateral to be able to meet their financial needs.

Creditville Limited’s Payday Loan in Nigeria is a quick loan for salary earners and with CreditVille you can also get Salary Loans and they are fast and stress-free.

To apply for loans at CreditVille just visit their official website and fill out the application form and you get your applied loan without any stress in quick Time.

My General Overview About The Best Loan Apps in Nigeria

Getting Quick loans in Nigeria might be some of the ways to get out of money issues and that is why I have dedicated to coming up with the top 10 best loan apps in Nigeria to get quick loans.

But You should know that if you are going to borrow money, especially for business sake make sure you have planned everything well so as not to enter debt and if you are borrowing for personal use make sure you have ways of paying it back on time because of Intrest.

Also, know that all money borrowing platforms have their own terms and conditions and also they have different policies and different interest rates.

Make sure you read and understand the terms of guiding each loan apps you want to use.


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