Best 4 Online loan apps in Nigeria with low interest.
Here is a compiled list of the best mobile loan apps in Nigeria, as we know that there are more than 50 loan apps for download for both ios and android devices. This list is compiled of not only the best in given loans but also the best when communicating with their customers when there is a delay in repayment of the loan.
List of Best Online Loan Apps in Nigeria.
Carbon loan app
carbon loan app is one first few loan companies that started the mobile loan app with no collaterals needed. Now, getcarbon has now transitioned into a digital bank couple with their loan service, which means you can receive and send cash with your carbon account. The best part of using carbon is its interest rate and how it spread its repayment plan with low interest as low as 4.5% for 9-month loan repayment.
Fairmoney is another great option when you are in need of a quick and fast loan. They collect your credit history when you want to request a loan as a new user which is good for people with good credit scores. also, note that they are now a microfinance bank which means you can request a bigger loan without collateral if your credit score is good. Finally, their interest rate is very okay and payment can be spread
Migo is a ussd loan platform that doesn’t require any app download from the play store. with *561#, you can access the loan with your sim linked to your bvn. They also make use of your credit scores to calculate the amount of loan you can access. Payment can also be spread like others but with higher interest rates.
Branch and Carbon started almost the same time and they have been able to give excellent service to their customers. One thing about a branch is that for a new user to have access to a larger amount of money, you have to keep a good credit score with them by paying back early. Also, note that their interest rate is low.
All the above-listed loan apps have one of the best customer representatives when it comes to the loan recovery process.