Branch lending platform is the overall best urgent loan in Nigeria without documentation. The app is reputed for low interest and very quick loan approvals. Branch’s 2.5% to 20% monthly interest is the most competitive obtainable in the quick loan industry. The loan app’s APR of 18% to 260% is considerably lower than that of Fairmoney, Carbon, Palmcredit, and other rivals in the mobile loan sector.
The money lending app makes it easy for borrowers to get quick loan of up to ₦500,000, to transfer money for free, and enjoy investment yields of 20% per annum. You can simply apply through the Branch app and get approved in under 24 hours. Branch don’t charge late fees or rollover fees, nor put restrictions on how you spend your money, and our customer support team is available 24/7.
2. Carbon
Carbon, formerly known as Paylater, is one of the best urgent loan in Nigeria without documentation with over 1 million download on Google Play Store since it was unveiled. With Carbon, you can borrow up to N1 million (One Million Naira) without documentation, collateral, guarantors, or paperwork. At your first try, you may not be able to access big cash, you start by borrowing small, and paying back as at when due, thus gradually building good credit history which eventually makes you to have access to bigger funds.
3. FairMoney
FairMoney digital platform is one of the best urgent loan in Nigeria without documentation that equally grants higher loan amounts and higher tenure in 2023. Loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods tenure ranging from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%).
4. Aella Credit
Aella Credit is the best online lender for urgent loan without documentation in Nigeria when it comes to easy loan processing for consumers and quick disbursement. Aella Credit has a rich history of innovation and was the first digital lender to pilot in Africa’s biggest market.
The app offers loans at low-interest rates and demands no late fees. It allows borrowers to build their creditworthiness via prompt loan repayment in order to qualify for larger loan amounts and reductions.
5. Umba
Umba is the best urgent loan app in Nigeria without documentation for no late fees, no rollover charges and no origination fees.
As a top urgent loan in Nigeria, Umba does not impose late fees or rollover costs, and you may have access to larger loans, reduced rates, and more flexible payment terms as you repay. It uses your phone’s data, including your SMS history, to authenticate your identity and generate a credit score, making obtaining a personal loan straightforward.
6. Renmoney
Renmoney is a leading platform that gives urgent loan in Nigeria without documentation, collateral or paperwork. Customers can get a quick loan on the Renmoney app in just a few steps. Renmoney quick online loans are for employed or self-employed people as well as business owners. So, if you need an instant personal or business loan, you can borrow from ₦6,000 to ₦6,000,000 and repay in 3 to 24 months.
7. QuickCheck
QuickCheck is the 7th best urgent loan in Nigeria without documentation and our best pick for customer data privacy and protection in 2022. The app uses machine learning to predict borrower’s behaviour and instantly evaluate loan applications and has over 1 million downloads on Google Play Store.
In this era where many loan apps indulge in unethical banking practices relating to data breach, QuickCheck loan application stands tall for instituting best lending practices to ensure customer data privacy. The app will never share your contacts and information with third parties.
A QuickCheck loan has interest rates starting from as low as 5% monthly on the first loan. However as you stay loyal and make repayment as at when due, you should be able to get an interest rate as low as 1% per day, making the digital lender one of the market’s lowest interest rates.
8. Alat by Wema
Alat by Wema is one of the leading instant loan apps in Nigeria and it is best platform for salary earners looking for quick cash loans without paperwork or collateral. Loans are available to all Alat customers via Alat App or the website. Alat By Wema has over 1 million downloads on Google Play Store.
As with everything else on ALAT, you can now apply for a quick loan without collateral or paperwork, no visitation to any physical location, and response time between acceptance of offer and loan disbursement is in minutes. You can now borrow as much as N2,000,000 (Two million naira) without collateral.
9. Lendigo
Lendigo digital platform prides itself as Nigeria’s No 1 SME Finance Provider and it is arguably the best urgent loan in Nigeria for small businesses. The platform offers Nigerian small and medium scale businesses (SMEs) easy, fast and flexible access to working capital according to their business requirements and suited to their finance needs. It has over 100,000 downloads on Google Play Store since its unveiling.
If you are a small or medium scale business (SMEs) owners that provide retail and professional services as well as traders of general merchandise such as electronics, computing, phones, fashion & apparel, household goods among others, then you can apply for Lendigo loan in minutes and get it processed for you.
10. Quick Credit
Quick Credit is one the best lending platforms and urgent loan in Nigeria without documentation. The app gives customers superfast loans and is best for good customer service. Quick Credit has over 500,000 downloads on Google Play Store with 4.5/5 ratings from consumers and borrowers.
With simple steps and minimal documentation, Quick Credit loan applicantss can get qualified loan products which is 100% online process. Once approved, the loan amount will be immediately transferred to the applicant’ s bank account.
Conclusion
The best urgent loan in Nigeria to borrow money instantly without documentation in 2023 includes Carbon loan, Aella Credit Loan, Renmoney Loan, Branch Loan, Quick Credit Loan and Lendigo Loan among other reliable urgent lending platforms. All you need to do is to apply at the comfort of your home and if approved, have the funds disbursed within few minutes into your bank account.
1 Comment
Urgent loans app, thanks, this list is robust and exhaustive