Top 5 Mobile Loans In Nigeria Without Collateral

Top 5 Mobile Loans In Nigeria Without Collateral
Top 5 Mobile Loans In Nigeria Without Collateral

It is time to report on mobile loans in Nigeria without collateral that can give up to N500,000 credit and above to a business or individual instantly once you meet the basic requirement. This usually requires little or no documentation.

mobile loans in Nigeria
Mobile loans in Nigeria without collateral

Mobile Loans In Nigeria Without Collateral: 5 Banks That Will Give Instant Cash

It is impossible not to have a financial downturn either for your business or for your family or for yourself or even a critical need to meet living expenses or an emergency crisis. In such time, these specially researched mobile loan banks can be a great lifeline for some good funds of up to N500,000 or even more.

Top List of 5 Mobile Loans in Nigeria Without Collateral for Instant Cash

    1. Gtb Quick Credit 
    2. Lendigo 
    3. Alat By Wema 
    4. C24 Capital 
    5. QC Advance 

1. GTB Quick Credit: Mobile Loans In Nigeria Without Collateral From N500,000 – 5 Million With 1.5% Interest

GTB Quick Credit is our first in the list of top mobile loans in Nigeria without collateral offered by Guaranty Trust Bank Plc, a leading deposit money financial institution in Nigeria. The scheme is a time loan accessible to Salary and non-salary account holders.

Whether you are a salary earner or self-employed, the bank promises that prospective customers can now get the much needed cash instantly, with a repayment plan spread over 6 – 12 months. Quick Credit funds you up to N5million at an interest rate of 1.5% monthly with no hidden charges.

For more information about GTB Quick Credit mobile loans, CLICK HERE

To Apply for GTB Quick mobile loans, CLICK HERE

2. Lendigo: Mobile Loans In Nigeria Without Collateral: Get From N300,000 – N10m for Your Business

Lendigo is our second in our list of top mobile loans in Nigeria without collateral, having a vision to become Nigeria’s leading financial institution dedicated to small businesses through technology and innovative practices.

The company prides itself as being Nigeria’s No 1 SME Finance Provider.

Lendigo provides easy, fast, flexible and reliable access to working capital to Nigerian SMEs according to their individual requirements and suited to their business and finance needs.

You can easily apply for a business loan on the Lendigo App at a very low interest rate, and get it credited straight into your account, even if your business is not yet registered.

For more information about Lendigo mobile loans, CLICK HERE.

To apply for Lendigo mobile loan, CLICK HERE.

3. Wema Bank ALAT: Mobile Loans in Nigeria Without Collateral for Salary earners. Get between N50,000 and N2m

Wema Bank ALAT is a low-interest platform and it is the third in our strong list of mobile loans in Nigeria meant specially for salary earners whether such person is an existing customer or not.

Riding on its reputation of offering seamless financial services, Wema Bank introduced ALAT to ensure customers have access to the salary-based quick loan without any form of paperwork. All you need to do is to download the ALAT app or use the ALAT web page without any collateral required.

With the quick online loans scheme, salary earners will be able to receive a minimum of N50,000 and up to N2,000,000 within hours and will have between 3 to 24 months to pay back with only 2% interest rate per month on a reducing balance basis.

For more information about Wema Bank ALAT mobile loans, CLICK HERE.

To apply for Wema Bank ALAT mobile loan, CLICK HERE.

4. C24 Capital: Credible Mobile Loans in Nigeria Without Collateral, Get to N1m but Involves Some Paperwork

C24 Capital is our fourth in the list of top mobile loans in Nigeria. It is a lending platform that promises to create an avenue for people to actualize opportunities around them, by having access to money when they need it.

C24 Platform offers mobile loans with low interest rates and a simple repayment plan to customers. The least amount that can be accessed is (forty thousand naira (N40,000) and the maximum for a new customer is seven hundred and fifty thousand naira (N750,000) while existing customers can get up to One million naira(1,000,000) this depends on borrower’s ability to repay based on income level and other selection criteria which will be verified.

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For more information about C24 Capital mobile loan, CLICK HERE.

To apply for C24 Capital mobile loan, CLICK HERE.

5. QC Advance: Mobile loans In Nigeria Without Collateral For Lagos Residents Only

QC Advance is our number 5 in the list of our top first 5 mobile loans in Nigeria with the lending platform being managed by QC Advance Services Company Limited located in Lagos. The platform is set up to provide access to quick credit in the fastest and simplest way possible.

The organization provides mobile loans at competitive interest rates for individuals and businesses to meet their urgent financial needs without collateral.

QC Advance Services Company Limited commenced operations in January 2018. From this date, they claim to have put smiles on the faces of numerous Nigerians by assisting them with quick loan in the fastest way possible – without any form of stress on them.

For more information about QC Advance mobile loans, CLICK HERE.

To apply for a QC Advance mobile loan, CLICK HERE.

Top 5 Best Instant Loan Apps In Nigeria Without ATM Card
Top 5 Mobile Loans In Nigeria Without Collateral



Which app gives loan without ATM?

The following are the apps that give loan without ATM in Nigeria:

Branch loan app
Aella loan app
Quick Credit loan app
FairMoney loan app
Umba loan app
Renmoney loan app
OKash loan app
GTB Quick Credit loan app
Money in Minutes loan app
Quick Check loan app

Can I get loan without debit card?

Yes you can. A debit card is not mandatory condition to obtain a loan. In fact many micro-lending companies and loan apps do not require a debit card or an ATM card for loan. Once you can show that you have the capacity for repayment, either by your credit history, your present salary or your analysis of your bank statement, many of the loan apps will oblige you a loan. All the loan apps stated above will give you credit without a debit card.

Which is the best app to get instant loan in Nigeria?

Below is a list of the best apps to get instant loan in Nigeria: Please note that this rating is subject to review from time to time.

1. Branch

2. Carbon

3. Aella Credit

4. QuickCredit

5. Money in Minutes

6. FairMoney

7. Page Financials

8. Renmoney

9. Umba

10. Okash

Top 10 Apps That Give Urgent Loan In Nigeria Without Doucmentation

11. QuickCheck

12. Migo

13. Zedvance

14. C24 Capital

15. GTB Quick Credit

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