Today QUICK LOAN ARENA, the number 1 review website for digital loans brings you the list of top 8 best personal loans in Nigeria without documents. If you are a worker in Nigeria or even if you are a business owner or a self employed and you need a personal loan, then you can check through this list and select whichever is most suited for you.
Top 8 Best Personal Loans In Nigeria Without Documents
The following is a list of our 5 best personal loans in Nigeria without documents.
- Stanbic IBTC
- Zedvance Finance
- Aella Credit
- Union Bank
- Money In Minutes
1. Stanbic IBTC
Stanbic IBTC Bank is a member of the Standard Bank Group, an authorized financial services and registered credit provider in Nigeria. It’s the first on our list of personal loans in Nigeria without collateral or documentation.
If you need a personal loan with zero stress, then the Stanbic IBTC Loan is one of your best options. The bank says with the loan scheme, “you will never lose a deal, and you can get from N50,000 and above to meet financing needs.” However you may need to operate a Stanbic IBTC account to qualify.
For more information about Stanbic IBTC SME Loan, CLICK HERE
To Apply for Stanbic IBTC SME Loan, CLICK HERE
2. Zedvance Finance
Zedvance Finance Limited is a consumer finance company committed to providing consumer credit in the most efficient and convenient manner while ensuring best practices.
Zedvance offers loan packages that cater to all your financial needs regardless of what they may be. The company claims an eligible individual or small business can get up to N5million quick loan in 5 hours. It’s our second in the list of personal loans in Nigeria without collateral or document.
According to Zedvance, :”if you have a full-time job and wish to start a side business, with Zedvance you can borrow up to N5 million and repay it over a period of 18 months. No hidden charges.”
For more information about Zedvance Finance, CLICK HERE
To Apply for Zedvance Finance, CLICK HERE
3. Aella Credit
It shouldn’t be so complicated to borrow instant cash either for yourself or for your business from Aella Credit, the number 3 on our list of personal loans in Nigeria without collateral. It shouldn’t also be difficult to get loan to invest, increase productive capacity, pay bills, and get more working capital for your business. With Aella, all these are available at the snap of your fingers.
How Aella Loan works
1. Download Aella app
Download the Aella Credit app from Google Play Store or IOS App Store.
2. Create your account
Simply fill out your details in less than a minute and submit for a quick review.
3. Update your profile
Update your profile by providing answers to quick questions about you.
4. Check Eligibility
Click the “Check Eligibility” button to see the amount of loan you are eligible to borrow in seconds.
5. Apply for loan
Loans will be sent to your provided account in 5 minutes or less.
6. Receive funds in your bank account
For more information about Aella App, CLICK HERE
To Apply for Aella App quick online loan, CLICK HERE
4. Union Bank Personal Loans
Union Bank digital loan is specifically designed for salary earners in need of quick loan for personal obligations before pay day. It’s our number 4 in the list of Personal loans in Nigeria without documents and for quick and immediate cash.
According to Union Bank, with its Digital loan, you can get up to 50% of your salary and pay back in a month’s time without hassles nor collateral.
Minimum monthly salary – N15,000
Maximum loan amount-N100,000
Loan tenor – 30 days
Salary domiciliation – 3 months
Loan limit – 50% of salary
For more information about Union Bank Digital Loans, CLICK HERE
To Apply for Union Bank Digital Loans, CLICK HERE
5. Renmoney Personal Loan
Renmoney is a group of technology and finance enthusiasts who are passionate about making financial inclusion count. It claims to be Nigeria’s most convenient digital lending company – delivering outstanding service experiences.
With Renmoney which comes number 5 on our list of Personal loans in Nigeria without documents, you can apply for a convenient loan to meet needs like growing your small business, renovating your home, buying a new car, paying rent, school fees, medical bills, etc.
Renmoney Offers The Following:
Flexible quick loan tenures
No guarantor required
No hidden fees
No collateral required
Money in 24 hours
Up to N6million for up to 24 months
For more information about Renmoney quick online loans, CLICK HERE
To Apply for Renmoney quick online loans, CLICK HERE
6. Carbon Loan App
Carbon, formerly known as Paylater, is one of Nigeria’s leading digital quick loan platforms that gives instant loans to students, workers, unemployed and business owners alike.
Carbon is arguably the best and most reputable loan app for instant cash in Nigeria. It’s the number 6 on our list of personal loans in Nigeria without documents, collateral for instant cash.
Digital lending from Carbon do not require documents, collateral or guarantors. 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 a quick loan.
How To Apply for Student Loan from Carbon App
Download the app
The first step towards getting a loan is to download the app from Google play store or Apple App store. The app is for android and iOS devices. After downloading, apply for your loan and follow the prompting.
To download the Carbon app on Google Play Store CLICK HERE.
To download the Carbon app on Apple Store for iOS devices, CLICK HERE.
To get more information about Carbon quick online loan app CLICK HERE.
QuickCredit, the 7th on our list of personal loans in Nigeria without documents or collateral. The application is for instant cash demands and it is a simple, technologically deployed lending platform for quick cash loans.
The platform provides micro-loans for short- terms duration to help meet and cover unexpected emergency expenses and urgent cash needs either as a student, worker or business owner.
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.
Quick Credit super-fast loan solution comes with no paperwork and no delay to meet your urgent financial needs within 24 hours.
How To Apply For Student Loan From QuickCredit Lending Platform
Register through their website, our MoneyPal app or by chatting Zee on Whatsapp
man beside giant iphone x-series illustration
Apply for a loan
Fill out our brief application form with your information and we’ll review your application within Five (5) minutes.
man spraying cash on a giant credit card illustration
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.
To get more information about Carbon quick online loan app CLICK HERE.
Xcrosscash is an emerging platform and we found it qualified to join our list of personal loans in Nigeria without documents or collateral for instant cash. The lender lets activate your credit limit and withdraw cash for urgent needs. And you have chance to level up your credit limit by different ways, which means enjoy higher limit, lower interest, more flexible tenor by using it.
– Limit from ₦ 10,000 to ₦ 50,000
– Repayment periods from 91days to 180days
– Monthly interest rates from 4% to 4.7% – Annual percentage rate (APR) from 24% to 56% per year
– Example: If you choose a 6-month loan and borrow ₦10,000,nXcrosscash charges an interest rate of 4% per month.Interest rate: 24% and the APR is 48%.180 days repayments of ₦24,00.Total amount payment is NGN124,00.
How To Apply Loan With Xcrosscash personal loans without collateral
• only three steps to get cash:
– activate your credit limit in minutes.- withdraw cash to your bank account.
• You have chance to raise your limit by taking some relaxed activities or system limit up, just keep good repayment record.
Download Xcrosscash app on your android phone
You can download the Xcrosscash loan app on Google Play Store by clicking here
Whatsapp: +234 0915 382 1578