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Top 5 Most Trusted Loan Apps In Nigeria

Posted by on 2 months ago — Drop A Comment

During the hard time of raising money due to financial issues or emergency reason, we all look for where to raise money in other to stop the financial harassment. if this is your first time of hearing about how possible this online money loan app can be, then you must know that they are some crucial risk involves if peradventure that you fall in the hands of the scam loan app in nigeria or the ones that will still your datas like, BVN details, ATM details, have access to your phone contacts, have full access to your bank details depending on how they programmed their app or website. Therefore, you must know that anything that deals with money and have to deal with getting the above details, you must be very careful with it, that is why after so many research and trials, we’re giving the below instant online loan app in nigeria as one of the best among others.

Top 5 Best Loan Apps in Nigeria today

1: Fairmoney Loan App: Fairmoney loan app is one of the best loan app in nigeria that has the capablility to drive in joy to everyone’s face. one of the best loan app with collateralor paper work needed, below are the pros and cons of using the fairmoney loan app to loan money in nigeria.

Pros Of Fairmoney Loan App

1: Fairmoney is available for India and Nigeria only

2: Without collateral, guarantors, paper work, you are eligible to withdraw more than 300,000 to 5 million naira instantly just like a magic

3: You get an instant money into your fairmoney account and can withdraw at any time of your choice by transferring money from your fair money account to any nigeria bank account.

4: Very secure loan app in nigeria

5: Loan due date can be extended

6: Loan payment is very easy and fast

7: Aside of loan, you can also do things on the app like mobile top up, utility payment, money transfer etc.

8: Loan Duration is 180 days

9: No contacts viral messages but you must pay up your loan to avoid been ban from credit bureau and have issue with your bank as it will be reported.

Cons Of Fairmoney Loan App

1: You will need to submit your BVN

2: You will need to submit your next of kin

3: You will need to add your ATM card

4: When unable to pay manually, you’ll be instantly debited from your bank account as you’ve added your bank ATM card.

5: The initial interest rates ranges from 10% to 30%

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