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Quick Online Loans in Nigeria

Quick Online Loans in Nigeria without a Collateral

by Team TC

Get quick online loans in Nigeria without collateral within 24 hours. Due to the economic situation of the country, most citizens resort to taking financial loans. If you’re in need of money urgently for an emergency, then the platforms that will be listed in this article are your sure bet. Once your loan application is successful, the money will be disbursed into your account within 24 hours. Learn how to track your MoneyGram order.


Quick Online Loans in Nigeria

PalmCredit is one of the best loan company to get quick online loans in Nigeria. You can download their mobile app from Google playstore or Apple’s App Store. PalmCredit gives out a loan without collateral up to N100,000 only. Their loan duration ranges from 91 days to 180 days. Interest rate is between 14% to 24%. For example, if you borrow N100,000 for 6-months, you’ll pay N124,000, so N24,000 is the interest rate. Note, you must be 18 years and above before collecting a loan from PalmCredit.


Quick Online Loans in Nigeria

FairMoney gives instant loan via their mobile app which is available on Google playstore. Loan up to N150,000 without paperwork or collateral. It doesn’t matter what you need the money for, either business or personal, FairMoney will loan the money. FairMoney repayment period is between 61 to 180 days. Their interest rate monthly is from 10% to 28%.


Getting financial access anytime anywhere with the Branch mobile app. Nigerians can get up to N200,000 loan from Branch without collateral. No need to visit an office or do any sort of paperwork. The repayment period for Branch loans is between 62 to 280 days. There is no late fees, origination fee or rollover charges.

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Carbon literally has the maximum loan amount in this list. The company gives out loan up to N1,000,000 without asking for paperwork or collateral. Carbon interest rate ranges from 2% to 30% depending on the amount borrowed and its repayment period (up to 64 weeks).


SokoLoan gives out instant loan to fulfil your extra urgent cash need any time. The minimum loan amount is N5,000 while the maximum is N100,000. The repayment period is between 2 to 6 months and the interest rate ranges from 4.5% to 34%. Sokoloan is available 24/7 for quick loans via its mobile app.


Quick Online Loans in Nigeria

Get access to cash anytime you want with the OKash mobile app. The maximum loan amount with OKash is N50,000, even though it’s a bit small, you can get your money within 24 hours straight to your bank account. The shortest repayment period is 91 days while the longest is 365 days. To apply for OKash loan, you must be a resident of Nigeria and aged 20 years or above. It’s easy to get quick online loans in Nigeria with a company like OKash.


With just your smartphone and the QuickCheck mobile app, you can get a loan of up to N500,000. There is no hidden charges, paperwork or collateral involved. Their interest rate is between 2% to 30% with a repayment period of up to 6 months.

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MoneyPal mobile app is own by Zedvance limited, which is a popular loan company in Nigeria. Customers can get up to N5,000,000 in loan and a repayment period of up to 24 months. They charge an interest rate of 2.9% monthly.


Get fast and reliable loans in Nigeria with the XCredit mobile app. The minimum loan amount is N5,000 and maximum is N500,000. XCredit loan tenor is between 91 to 180 days depending on the amount you borrow. With XCredit, there is no service fee, collateral or paperwork. Just download the mobile app, create an account and apply for a loan.


Lastly on the quick online loans in Nigeria is 9Credit. The lending amount is between N1,000 to N100,000. Lending term is between 91 days to 120 days. You must be 18 years and above to apply for a loan, which is basically a norm in Nigeria right now.

Fidelity Bank customers, learn how to use the Fidelity Bank online transfer and internet banking. Or you can download the Fidelity Bank mobile app for Android and iOS.

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