All Fast & Easy Loan ng

9 Fast, Quick & Easy Loans in Nigeria; Loan ranges from 5k to 250k and takes minutes to process.

This app connects users to the top fast and easy loans in Nigeria with fair interest rates, convenient and flexible repayment plans and policies

Please check below the maximum and minimum method of repayment of the 9 loan companies, the annual interest rates, and the annual percentage rates to see which is best suitable for you.

Fair Money Loans
You can access between ₦1,500 to ₦150,000 with no collateral. Repayment period ranges from 2months to 24months. Interest rate ranges from 2% to 28% with no additional fees or hidden charges. Maximum Annual APR is 31%
For Example; A loan of ₦10,000 at 10% interest rate is calculated as (₦10,000 X 0.10)which is equal to interest of 1000. Hence the repayable amount for one month is ₦11,000 while the repayment amount for 2, 3 and 4 months is ₦12,000, ₦13,000 and ₦14,000naira respectively. For a four month repayment plan, the monthly repayment amount will be (₦14000 /4) which is equal ₦3,500 monthly.

Branch International
Nigeria: Loans range loans from ₦1,500 to ₦200,000 with terms from 4 - 40 weeks. Interest ranges from 3% - 21% and annual APR of 33%.
For Example; A loan of ₦10,000 at 5% interest rate is calculated as (₦10,000 X 0.05) is equal to 500naira interest rate. Hence the repayable amount is for one month is ₦10,500 while the repayment amount for 2, 3 and 12 month is ₦11,000, ₦11,500 and ₦16,000 respectively.

Paylater Loans
This loan also known as Carbon is a short term loan ranging from 1500 to 1million with terms from 4-64weeks. Interest rates range from 2-30% and an annual APR of 31%
For Example; A loan of 10,000 naira at an interest rate of 15% is calculated as (₦10,000 X .15)} which is equal to 1,500naira interest. Hence the repayment amount for a month is equal 11,500nairawhile the repayment amount for 2, 3 and 6 months are₦13,000, ₦14,500 and ₦19, 000 respectively.

Rapid Cash Loans
This loan has a fixed interest rate of 10% and you can borrow up to 200,000naira and there are no hidden charges. The repayment could take up to a year.
For example, a loan of 10,000naira at a8% interest rate is calculated as (10,000 X 0.08)is equal to ₦800 interest rate. Hence the total amount repayable in two month is (₦10,000 + ₦800+₦800) which is equal ₦11,600

Aella Credit Loans
This is a fast loan service and its funds availability ranges between 1,500 and 700,000 naira. The interest rate ranges between 4-29% and the loan tenure is 3 to 6months

Quick Check Loans
This offers between 1500 to 200,000 naira and the interest rate ranges from 10% to 29% depending on the amount borrowed. Repayment plan is flexible from 3months to 12months.

Kia kia loans
Loan ranges from 2000 to 250,000naira and the interest rate ranges from 12% to 15% depending on the risk level and there is no additional cost or charges. The repayment plan is from 3months to 12months and the annual APR is 33%

Microcred loan
Customers can get loans ranging from 5000 to 150,000naira and the interest rate ranges from 12% to 15% depending on the risk level and there is no additional cost or charges. The repayment plan is from 90days to360days and the APR is 28%

Nigeria One Fi
This loan can give amount ranging from 2000 to 500,000naira with an interest rate of 10% to 18%. The repayment plan is from 3months to 14months and the APR is 31%

Disclaimer: The representative example used is not the exact percentage that will be given by the loan company. It is just an illustration for easy understanding, clarity and transparency
This app is not affiliated or related with any of the nine loan companies. The content of the app comes from the sites of the lenders and they retain all copyrights and thus the app is not to be held responsible for any of the content displayed.
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