The list of best mobile loan applications is a very flexible one. Getting quick loans is becoming easier as more loan companies are coming up everyday. The best loan offers still remains the ones you get from your bank. US Banks, Nigeria Banks and other banks offer various types of quick loans.
The major advantage of loans from other companies is that they are relatively easier to get. They require less documentations and once approve sending payment is relatively fast. They also have a good interest rate. Somehow the interest rate associated with these loan companies are very small.
BEST MOBILE LOAN APPLICATIONS IN NIGERIA
- Branch Loan
- Paylater Loan
- Page Financial Loan
- Ren Money Loan
- Lidya Loan
- Palmcredit Loan
The mobile loan applications above offers loans to persons who live in Nigeria. Some of applications offers personal and business loans to individuals. And the major verification required by these applications is BVN or connecting your bank account details. Other of these application just requires you to upload a government issued document.
The Branch loan application is made to offer personal and business loan for individuals. They have a reasonable interest rate and their payback time is also long term.
Paylater loan application is gaining popularity as they make good use of email marketing to get to lots of persons. We wrote a review about Paylater loan application CLICK HERE to read it. The Paylater loan also offer low risk investment options that its users can enjoy.
RenMoney and PageFinancials are best suited for personal loans. They offer up to 5 Million Naira loan for personal use. You can apply and payback gradually within a specified period of time, usually 1 year.
Lidya loan is focused mainly on business. The loan is best for persons who need finance for their business and wants to grow their business. The loan application is easy and relatively fast. You easily connect your bank account details, provide some government issued ID and its done.
Mntrends have put together simple loan calculators to help you better understand your loan. CLICK HERE to use the general loan calculator. If you would like to use Mntrends Auto loan calculator then CLICK HERE. For the Mortgage Loan calculator CLICK HERE to use the simple calculator.
Aside from the loans offer by your bank, you can try these best mobile loan applications today. Its easy, relatively fast and secure. Need a loan, you now have multiple options to choose from. Get a quick loan today its easier than you might have imagined.