Top 5 Quick online loan platforms in Nigeria
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Top 5 Quick online loan platforms in Nigeria



online loan platforms in nigeria

Online loans in Nigeria are platforms through which Nigerians can get quick loans via the internet. You dont need to queue, no need for collateral, no need to complete bulky forms for loan apllications. As we know, the procedures for getting a loan from commercial banks are very strict and complicated. This is also applicable in microfinance banks where they will require that you open an account with them in addition to having a collateral.

The emergence of these online loan platforms have been at the most suitable time where Nigerians are on the look out of possible ways to curb the negative unemployment trend in the country and provide succour to ailing businesses. It will not be hyperbolic for one to say that surviving in Nigeria is a very daunting task.

The key cogs in politics in Nigeria have bluntly overlooked massive job creation. Nigerian politicshas taken over all sectors in the country. Juicy job and employment opportunities are almost limited to those whose kiths and kins are connected in politics Nigeria. The masses are now left with no other option than to look at various ways of creating jobs for theirselves. Every business needs finances and this is where the quick online loans are effective.

Ambitious and enterprising Nigerians can now boost their businesses and solve impromptu financial problems by getting these online loans. The procedure for getting the loans is simple, quick and collateral free.

In this post we shall highlight the top 10 Quick online loan platforms in Nigeria. The list is compiled based on Alexa ranking and is for information purposes only. We advice that you should always read the terms and conditions before borrowing money from these platforms.

1. Pay later
Pay later is owned by OneFi. It is trusted by many Nigerians for quick online loans. Users can borrow from 10,000 naira and will be able to borrow higher amounts if they gain the trust of company by repaying on time. For more information, visit for more information. Pay later is widely rated as the best quick online loan platforms in Nigeria.

2. Fint
Fint’s mission statement is to empower Nigerians by making loans more accessible, affordable and quick. Fint has a risk accessment amount of #3000 which all intending borrowers must pay in order to access loans. Their loans are collateral free and can be accessed within minutes. Their loan amount ranges from #60,000 to #2,000,000 which ate repayable within 3 months and one year. To access fint loans visit for more info. Fint is clearly one of the best and most reliable quick online loan platforms in Nigeria.

3. Zedvance

Zedvance gives loans to salary earners only. They offer collateral free loans up to #3,000,000 to be paid back within 12 months. They one of the most stable quick online loan platforms in Nigeria. Their interest rates ranges between 3.75 to 4.5% monthly. Visit their website for more information

4. Kwikcash

Kwikloans is another reliable quick online loan platforms in Nigeria. They collaborate with banks, mobile operators and technology companies to offer quick collateral free loans to Nigerians. The repayment period is between 14 days and 30 days. It offers loan amount of up to #500,000 all with no collateral. Visit for more information.

5. Specta

Specta is owned by sterling bank. They offer quick online loans to Nigerians without collateral. Payment is done within 5 minutes and is strictly.for smart earners and business owners. They are clearly among the best quick online loan platforms in Nigeria. Users can get loans up to 5 million naira and payment period is within one month. For more information, visit their website

Above is our compilation of the top 5 most reliable quick online loan platforms. Please note that we are not recommending any of these platforms, this list is for information purposes only.

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Updated on February 8, 2019 at 11:56 am

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