Top 10 Best Urgent Loan In Nigeria Without Collateral (2022)

Urgent Loan Apps In Nigeria Without Collateral
Urgent Loan Apps In Nigeria Without Collateral

Today, SKYTREND NEWS, a leading business review website for small companies features the list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022.

These urgent lending apps provide instant cash offers for both individuals and businesses in Nigeria. A lot of Nigerians have been requesting for reputable instant loan apps for borrowing that willneither public shame them nor curse them nor expose their contact data to the public.  These platforms we are reviewing give urgent cash loan instantly without documents and without public shaming their customers.

Therefore when you are faced with financial obligations and you need lending platforms that can give you urgent cash in Nigeria, any of our below top 10 best urgent loan apps in Nigeria without collateral can easily and urgently come to your rescue.

Top 10 Best Urgent Loan Apps In Nigeria Without Collateral For Emergency Cash 2022

urgent cash loan instantly without documents
best urgent loan apps in Nigeria without collateral for emergency cash 2022

We recommend that in 2022, you make your emergency loan request only from any of the following 10 urgent loan apps in Nigeria without collateral and as much as possible boycott the many others that threaten and blackmail you even before your repayment falls due.

  1.  Branch
  2. Carbon
  3.  Aella Credit
  4. Quick Credit
  5. FairMoney
  6. Page Financials
  7. Renmoney
  8. Umba
  9. Money in Minutes
  10. Migo

1. Branch

Branch International is our 1st pick on our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. The lending app makes it easy for people in Nigeria to get quick loan in 2022 up to ₦500,000, to transfer money for free, and enjoy investment yields of 20% per annum.

Digital lending from Branch is designed to fit the needs of the borrower and help him or her grow. As you build credit with Branch, you unlock larger lending amounts. Unlike other lending apps, Branch don’t make you jump through hoops or fill out paperwork. Simply apply through the Branch app and get approved in less than 24 hours.

Branch loan app claims it doesn’t charge late fees or rollover fees, nor put restrictions on how you spend your money, and their customer support team is available 24/7, according to the app.

What is required to receive a Branch loan?

Requirements are simple – all you need to apply is your phone number or Facebook account, bank verification number (BVN) and bank account number. They will also request access to the data on your phone in order to build your credit score.

2. Carbon

Carbon is our 2nd pick on our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022, and it’s always the borrowers’ delight. With over 40 employees, they have a presence in Nigeria, South Africa, United Kingdom, Ghana and Portugal.

Carbon is formerly (and popularly) known as PayLater. Carbon Loan is a lending platform that gives you access to a loan in minutes in Nigeria without documents. The 3-year digital lender prides itself as “a simple digital finances management platform” that provides instant online loans to help you cover urgent and unexpected cash needs.

Quick loans from Carbon do not require docuemnts, collateral or guarantors. At your first try, you may not be able to access big funds, you start by borrowing small, and paying back as at when due, then you can have access to bigger funds from this digital lender.

Carbon digital lending app is available 24/7. You can apply on weekends and holidays and get a quick loan.

Document requirements to access quick loan from Carbon

  • You need to download and use the Carbon app
  • You will be required to provide your basic details such as name, phone numbers and more
  • A photo of you which you may have to snap real time with your phone via the app
  • Bank Verification Number (BVN)
  • Bank account details
  • Your ATM card that will be used to pay back loan. You will also submit major details of the card. You will be billed an initial N50 or N100 to authenticate the card.
  • This is not frequent but you may be asked for a government issued ID.

How To Acquire The Carbon App And Start Borrowing Money

3. Aella Credit

Aella Credit is our 3rd pick on our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. With this app, it shouldn’t be difficult to borrow quick loans and get instant cash for yourself or for your business. It shouldn’t also be difficult to get loan to invest, increase productive capacity, pay bills, and get more working capital for your business. With Aella, all these are available at the snap of your fingers.

According to Aella, “you deserve simple, straightforward products that actually work, adding that they make it super easy for anyone to borrow, invest, make payments, and insure their health.

How Aella Loan Lending works

  • Download the Aella Credit app from Google Play Store or IOS App Store.
  • Simply fill out your details in less than a minute and submit for a quick review.
  • Update your profile by providing answers to quick questions about you.
  • Click the “Check Eligibility” button to see the amount of loan you are eligible to borrow in seconds.
  • Loans will be sent to your provided account in 5 minutes or less.
  • Loans can be repaid via the App or directly to your personalized bank account. Build your credit score to qualify for higher loans.
  • You can download Aella app on Google Play Store by clicking here.

4. Quick Credit

Quick Credit is our 4th pick on the list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. With the app striving to provide borrowers and mobile users with convenient lending and quick loan services. With simple steps and minimal or no documents, users can get qualified loan products which is 100% online process. Once approved, the loan amount will be immediately transferred to the applicant’ s bank account.

Product Features

  • 1.Tenure: From 91 days to 365 days.
  • 2.Loan Amount: From NGN.1,500 to NGN.50,000.
  • 3.The maximum Annual Percentage Rate (APR) is 36%.
  • 4.Origination fee: From 1% to 9%.

How to APPLY

  • 1.Download Quick Credit App from google play store and install.
  • 2.Register an account with your phone number.
  • 3.Fill in basic information.
  • 4.After the submission of the loan application, the final result will be shown in the APP.
  • 5.If approved, the loan amount will be disbursed into the bank account directly.

You can download Quick Credit app on Google Play Store by clicking here.

5. Fairmoney

Fairmoney takes the 5th position on our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022 and it comes with a seamless loan procedure and excellent customer service. Loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)

Quick Loan characteristics
Loan amount from ₦1,500 to ₦1,000,000
Repayment periods from 61 days to 18 months
APR from 30% to 260% per annum
Interest discounts of up to 90% for early repayments
No hidden fees

You can download the FairMoney digital lending app on Google Play Store by clicking here

6. Page Financials

Page Financials is our 6th pick on list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. Whether you have an urgent need for cash to settle bills, take care of emergencies or grab an opportunity? Page Financials lending app and platform can be your good alternative.

Does payday seem so far and bills are piling up? Page Financials has a convenient, secure and instant loan scheme that have got you covered. You can apply for a loan now and get the funds in less than 3 hours, the company says.

Minimum loan amount is N100,000 and the upper limit for a new customer is N5, 000, 000. Both depend on borrower’s capacity to repay based on verifiable income level and other selection criteria.

Loan amount of ₦3,500,000 borrowed for 12 months. Monthly Interest Rate:- 2.99%. No other fees.

Minimum and maximum loan term: 3 – 12 months.

To Download and apply through PAGE FINANCIALS app ON GOOGLE PLAY STORE, CLICK HERE..

7. Renmoney

Renmoney is our 7th pick on our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. The quick loan company is managed by a group of technology and finance enthusiasts who are passionate about making financial inclusion count in Nigeria.

Renmoney digital lender claims to be Nigeria’s most convenient lending quick loan company – delivering outstanding service experiences but it is no 8 on our list. With the instant loan app, you can apply for a convenient loan to meet needs like growing your small business, renovating your home, buying a new car, paying rent, school fees, medical bills, etc.

How It Works

  • Choose your loan amount & tenure then share some information about yourself
  • Verify the information that you’ve provided
  • Sign your documents and get the money in your bank account within 24hrs, if your loan is approved.

Apply For Renmoney urgent loan apps in Nigeria without collateral 

8. Umba

Umba comes 8th position on our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. It’s hosted on both Google Play Store and Apple Store and prides itself as the leading digital bank in Africa. The app allows users to apply, drawdown and repay loans directly from their smartphone or desktop computer.

Once an individual is verified, it makes lending decisions based on an assigned risk rating.

What do people use Umba for? Plenty of things, like:
Getting a Mobile Money Loan
Apply mobile money loan in seconds. Receive mobile money to your M-Pesa account.


  • Create your account
  • Apply in seconds
  • Receive an Umba Loan
  • Increase your loan limit every time you repay a loan on time


  • Umba puts you in control of your finances. The Umba app lets you apply for credit on the go and it works 24/7.
  • No paperwork, collateral or office visits needed
  • You can use your Umba loan to send money directly to your M-Pesa account, to merchants, or utility providers
  • No late charges or rollover fees
  • Get access to bigger loans, lower fees, and flexible payment terms as you repay
  • Loans are approved and disbursed quickly
  • Get access to credit to build the life you want — for your business, your home, your family, your life.

You can download the Umba app on Google Play Store and apply for loan by clicking here

9. Money In Minutes

Money In Minutes is our 9th pick on the list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. The lending platform is managed by MIM Finance Company, a UK-originated lending platform with presence across three (3) continents and Nigeria’s 1st Credit Membership that gives instant cash.

The organization code named MIM Finance Company has been enabling lives and businesses for over twenty (20) years now by its quick online loans and other related business support.

With over $10 Billion disbursed over the last two decades, Money In Minutes is in a position to help individuals and businesses to grow. According to the company: “Affordable and stress-free finance shouldn’t be for the privileged few but for ambitious and hardworking citizens that can demonstrate the ability to afford repayments.”

The platform has a robust and wide range of products to help you access affordable finance for various needs and purposes.

To apply for Money In Minutes Loan, CLICK HERE

10. Migo

Migo (formerly called kwikmoney)  ranks the 10th position in our list of top 10 best urgent loan apps in Nigeria without collateral for emergency cash 2022. Migo is a cloud-based digital lender in Nigeria that enables you access to instant loan and if willing, to make purchases from merchants or withdraw cash without the need for a smartphone, point-of-sale hardware or plastic cards.

Migo strives to ensure your online loan request enters your account (or the account of the merchant you are paying) right after you complete your application session.

Migo loan amounts range from N500 to over N500,000. The loan agency usually start with a small loan and grow your loan offers over time as you borrow and repay consistently and build trust with the system. You do not need any document, guarantors, collateral or physical office visitation to request your Migo loan. Your loan offers will continue to grow at a steady pace as you borrow and repay early.

Migo loan minimum borrowing amount is N10,000 and the upper limit for a new customer is N50,000 with no collateral or guarantor required. Interest rates are determined by a number of factors, including your repayment history and the cost of lending. Loan decisions are provided within 15 seconds and if approved, the applicant receives funds within 5 minutes.


  • You qualify for loans based on your personal information.
  • The more information Migo can find on you, the easier it is to qualify.
  • Your loan offers are based on your personal information and your loan repayment history.
  • The more you pay your loans on time, the higher the amounts you can get.


Your personal information is used to determine your unique loan offers. The loan platform provides a range within your available credit limit from which you can select. Currently. You need Valid bank details, Payment card details, Android Phone and Complete application.

To get a loan, all you have to do is enter your phone number here.

Once you select the loan amount you want, you’ll be asked to give details of your bank account for the loan to be deposited. Finally, your debit card information will be registered to make repayment easier for you.

You can also get a Migo loan by dialing *561# for MTN, 9mobile, and Glo or *554*561# for Airtel. From the list, select “Request Loan” to see a list of your customized loan offers.

To apply for a Migo loan, CLICK HERE