7 Best Quick Cash Loans In Nigeria 2022

Looking for the list of 7 reputable and best quick cash loans in Nigeria for 2022, found on Google Play Store for your Android phones and on Apple Store for your iOS devices, then you are in the right place.

QUICK LOAN ARENA, the number 1 review website for lending apps and digital banks brings you the list of top 7 quick cash loans that won’t send you or your contact list shame, threatening or defamatory messages, even when you are in loan default.

10 Best Loan Apps Without ATM Card In Nigeria 2022

Top 7 Quick Cash Loans In Nigeria For 2021/2022

When you are in need of instant cash or quick loan to meet emergency needs or financial obligations and you cannot wait for payday or month end for your salary, or you are running a business and you need to shore up your working capital, you can rely on any of the following top 7 best digital lending apps in Nigeria to meet your need.

Let us go on the ride. The list of our 7 best digital lending apps in Nigeria includes:

  1. Carbon
  2. QuickCredit
  3. FairMoney
  4. Branch
  5. QuickCheck
  6. Irorun
  7. Umba

1. Carbon

Top 6 Quick Cash Loans In Nigeria
Carbon Loans In Nigeria

Carbon is our first in our list of the top 6 quick cash loans in Nigeria. The loan platform claims to give up to N1m unsecured credit.

Carbon, formerly known as Paylater, gives instant loans to its customers and you do not require any collateral, guarantor or documentation to access its loans. At your first try, you may not be able to access big funds, you start by borrowing small, and paying back as at when due, then you can have access to bigger funds.

The loan platform is available 24/7. You can apply on weekends and holidays and get instant access to loan credited to your bank account.

 

To apply for a quick cash loan from Carbon, download the app on Google Play Store CLICK HERE.

To download the app on Apple Store for iOS devices, CLICK HERE.

2. Quick Credit

Top 6 Quick Cash Loans In Nigeria
Quick Credit Loans In Nigeria

Quick Credit, our second in the list of the top 6 quick cash loans in Nigeria claims up to N100,000 with no paperwork. The lending platform is a simple, technologically deployed digital lending app in Nigeria that provides micro loans for short- terms duration to help meet and cover unexpected emergency expenses and urgent cash needs.

With Quick Credit, getting loans is a simplified process and you can apply for up to ₦100,000 with loan tenors of up to 90days and have your money sent straight to your bank account in minutes. Its super-fast loan solution comes with no paperwork and no delay to meet your urgent financial needs within 24 hours.

How To Apply For Quick Cash loans From QuickCredit 

  • Register through their website or their MoneyPal app.
  • Fill out the brief application form with your information and you will get a review on your application within five (5) minutes.
  • Once approved, funds are typically received within 5 minutes.

To register and apply for loan through their website CLICK HERE.

To download the app on Apple Store for iOS devices, CLICK HERE.

3. FairMoney

Top 6 Quick Cash Loans In Nigeria
FairMoney Loans in Nigeria

FairMoney is the third in our list of best 6 quick cash loans in Nigeria for quick, seamless instant credit. Its procedures and excellent customer service are of great benefits. This platform gives loans ranging between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%) Repayment periods from 61 days to 18 months.

You can download the FairMoney app on Google Play Store by clicking here

4. Branch

Top 6 Quick Cash Loans In Nigeria
Branch Loans In Nigeria

Branch International is another leading loan platform. It takes the fourth position in our list of 5 best digital lending apps in Nigeria that make it easy for people in Nigeria to get quick and instant access to loan up to ₦500,000, to transfer money for free, and enjoy investment yields of 20% per annum.

Unlike other platforms, Branch don’t make you jump through hoops or fill out paperwork. Simply apply through the Branch app and get approved in under 24 hours. The app doesn’t charge late fees or rollover fees, nor put restrictions on how you spend your money, and their customer support team is available 24/7, according to the app.

To download the app from Google Play Store and apply for loan, CLICK HERE.

5. QuickCheck

Quick Cash Loans
QuickCheck loans In Nigeria 2022

QuickCheck is the 5th in our list of 6 best quick cash loans in Nigeria. The platform uses machine learning to predict borrower’s behaviour and instantly evaluate loan applications. Its aim at offering digital financial services to help Nigerians get closer to their personal and business goals.

How To Apply For Quick Cash Loans From QuickCheck

  • Create a Profil
  • Download the app for free,
  • Sign up for an account
  • Apply for a Loan and the platform will instantly run your credit score and let machine learning decide if you qualify.
  • Get Cash, If you qualify, your cash will be disbursed within minutes to your bank account.

To download the app on Google Play Store for android devices, CLICK HERE.

6. Irorun

Top 6 Quick Cash Loans In Nigeria
Irorun Quick Cash Loans In Nigeria

Irorun is the 6th on our list of top 6 quick cash loans in Nigeria for emergency funds. It is both hosted on Google Play Store and Apple Store. With Irorun app, you can get instant
loans with ease on your account or smartphone.

How To Apply

  • Set up an account
  • Download the app for free, sign up and verify your account.
  • Apply for a loan and their technology will run a credit score and decide if you are qualified.
  • Get your cash if you qualify, your loan will be disbursed to your wallet.

To apply for quick cash loans from Irorun, CLICK HERE.

7. Umba

Quick Cash Loan
Umba is our 7th pick in our list of Top 7 Quick Cash Loans In Nigeria 2022

Umba comes 7th and last position on our list of top 7 quick cash loans in Nigeria. It’s hosted on both Google Play Store and Apple Store and prides itself as the leading digital bank in Africa. The app allows users to apply, drawdown and repay loans directly from their smartphone or desktop computer.

Once an individual is verified, it makes lending decisions based on an assigned risk rating.

What do people use Umba for? Plenty of things, like:
Getting a Mobile Money Loan
Apply mobile money loan in seconds. Receive mobile money to your M-Pesa account.

IT’S EASY TO GET STARTED

Create your account
Apply in seconds
Receive an Umba Loan
Increase your loan limit every time you repay a loan on time

KEY UMBA FEATURES: LOANS ARE JUST A TOUCH AWAY

  1. Umba puts you in control of your finances. The Umba app lets you apply for credit on the go and it works 24/7.
    No paperwork, collateral or office visits needed.
  2. You can use your Umba loan to send money directly to your M-Pesa account, to merchants, or utility providers
    No late charges or rollover fees.
  3. Get access to bigger loans, lower fees, and flexible payment terms as you repay. Loans are approved and disbursed quickly.
  4. Get access to credit to build the life you want — for your business, your home, your family, your life.

SAFE DATA PRIVACY PROMISES

Umba makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.

You can download the Umba app on Google Play Store by clicking here

To read more about UMBA loan app, CLICK HERE.

Frequently Asked Questions (FAQs)

1. Which is the most reliable loan app in Nigeria?

Carbon. Carbon is our first in the list of the 5 best digital lending apps in Nigeria. The loan platform claims to give up to N1m unsecured credit. Carbon, formerly known as Paylater, gives instant loans to its customers and you do not require any collateral, guarantor or documentation to access its loans.

At your first try, you may not be able to access big funds, you start by borrowing small, and paying back as at when due, then you can have      to bigger funds. The loan platform is available 24/7. You can apply on weekends and holidays and get instant access to loan credited to your bank account.

2. Is Palmcredit approved by CBN?

Palmcredit is owned and managed by Newedge Finance Limited (RC No: 1585793) and it is fully licensed by the Central Bank of Nigeria (CBN) to operate as a finance company in Nigeria. Palmcredit is CBN-approved.

3. Which app gives loan faster?

QuickCredit. QuickCredit, our second in the list of the 5 best digital lending apps in Nigeria and it gives loan up to N100,000 instantly and fast with no paperwork.

QuickCredit is a simple, technologically deployed digital lending app in Nigeria that provides micro loans for short- terms duration to help meet and cover unexpected emergency expenses and urgent cash needs.

With QuickCredit, getting loans is a simplified process and you can apply for up to ₦100,000 with loan tenors of up to 90days and have your money sent straight to your bank account in minutes.

QuickCredit super-fast loan solution comes with no paperwork and no delay to meet your urgent financial needs within 24 hours.

4. Which app is best for giving loan?

FairMoney

FairMoney is the third in our list of 5 best digital lending apps in Nigeria for quick, seamless instant loans. Its procedures and excellent customer service are of great benefits.

This platform gives loans ranging between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)

Please follow and like us:

You May Also Like

About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (quickloanarena.com), the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

1 Comment

Leave a Reply

Your email address will not be published.