Top 15 Best Instant Loan Apps in Nigeria and Their USSD Code
Most times, when we fall into financial difficulties or emergencies and do not have savings or someone who can lend us money we become distressed.
In today’s world, loans are slowly falling out of the sole reserve and functions of the bank. This is due to many lending platforms and institutions that now offer quick and easy access to small and big-size loans, low-interest rates, flexible repayment time, and instant payment. Many banks and lending platforms have utilized the role of technology to make life easier for their customers by developing loan mobile apps. Not to worry! These platforms are safe and reliable and can be accessed easily from a mobile app. However, It can also be used to run a business, pay bills or make personal purchases.
Unlike in the past when people go through a huge amount of paperwork when applying for loans, your mobile phone may be all you will need If you want to get a loan.
So, If you’re on the fence thinking about the best loan app to use, here is the list of the 15 best instant loan apps in Nigeria.
Read: What is the easiest way to make money online?
- Carbon Loan or Paylater Loan
Carbon, formerly known as PayLater, is an easy lending platform that gives instant access to loans. It offers short-term loans that enable you to pay for immediate expenses and emergencies.
With this platform, you can request and receive a loan easily without any paperwork. All that is needed is your Bank Verification Number(BVN) to verify loan credit. You can also get up to 20 million with interest rates from 5% to 15%.
- Carbon USSD Code – *1303#
- Branch
Branch is one of the most popular and reliable apps in Nigeria. This lending platform has created its loan process in a way that fits the needs of users. Branch offers you the opportunity to larger loan amounts as you build credit.
Also, it has made the lending process easy by doing away with documentation. All you have to do is download the app on your smartphone, register, request a loan and wait for confirmation.
- Branch Loan App USSD Code –
The branch loan doesn’t have a USSD Code option as at the time of writing this post
- AellaCredit
Aella Credit is a loan app in Nigeria that gives access to instant loans. Aside from loans, it’s also an investment platform, bill payment, and a marketplace for health insurance services. It provides borrowers with an interest rate of 6% to 20% monthly and a repayment day within 3 months.
- Aella Credit Loan App USSD –
The Aella Credit Loan App doesn’t have a USSD Code option at the time of writing this post
Read: coinmadenci.com Review Scam or Legit
- Alat by Wema
Alat is a simple fully digital bank that gives instant loans without any form of paperwork, collateral, or visit to the office. All you need to do is download the ALAT app on your mobile phone to get a mobile loan in Nigeria. However, a quick credit check will be made when you apply for a loan to see if you are eligible and you will be credited within a few minutes.
- Alat by Wema USSD Code – *945*100#
- PalmCredit Loan
Lending from the PalmCredit app is simple and can be done in a few minutes. It has a direct service that enables its users to have access to instant loans of up to N2,000 to N100,000 and as well rewards users who refer others to their service. However, you must be 18 years old and above to be able to qualify for loans.
- PalmCredit Loan USSD Code –
PalmCredit doesn’t have a USSD code for now.
- Umba Loan
Umba is a lending platform relatively new to the Nigerian finance space. It provides full banking services aside from offering loans. With the Umba app, borrowers can pay bills, spend, get loans and repay loans all from their smartphones. The Umba app also offers smart and affordable loans at very low-interest rates and makes paying back easy as well.
Read: metroopinion.com Review
- Umba Loan USSD Code –
Umba Loan doesn’t have a USSD code for now.
- iCredit Loan
iCredit loan App is one of the lending platforms that offer safe and flexible loans in Nigeria. Its loan offers run from N 1,000 to N 50,000 without a visit to the office, no paperwork, and no guarantors required. Borrowing from iCredit can be done from the beginning to the end using only a smartphone.
All you have to do is download and install the iCredit mobile loan app, provide the relevant information such as ID card, BVN, and employment status and wait for the approval. The fund will get disbursed into your account once your information is verified
- iCredit Loan USSD Code
iCredit Loan doesn’t have a USSD code for now.
- Migo Loan
Migo also known as Kwikmoney is an embedded lending platform that focuses on enabling companies to provide credit for consumers and small businesses. It also offers low-interest rates and flexible repayment terms.
Simply visit their website kwikmoney.com and fill out the form completely with the required information. After this, your debit card details will be registered for easy repayment.
- Migo Loan USSD Code – *561#
- Specta Loan
Specta loan is an online lending platform from Sterling Bank. It provides quick funds of up to N5 million within five minutes of the transaction. With Specta loans, borrowers can cover personal expenses and emergency needs anywhere and anytime without collateral or paperwork.
- Specta Loan USSD Code – *822#
- Quick Credit Loan
QuickCredit is a product of Guarantee Trusted Bank. It provides instant loans to both salary earners and self-employed. It has a long tenure of up to 12 months. You can have access to loans up to five million Naira at an interest rate of 1.5% per month with no hidden charges. Also, QuickCredit can be assessed instantly by just downloading GTbank mobile banking mobile app or by dialing *737*51*51#.
- Quick Credit Loan USSD Code – *737*51*51#
Read: Royalcasinofunds.com Reviews: Scam or Legit
- CoolBucks Loan
CoolBucks is an online lending platform that provides easy access to loans without collateral or a visit to the office within a few minutes of completing your application. With the CoolBucks app, funds can be disbursed into your account within five minutes to 24 hours of submitting your application depending on your profile. Coolbucks loan offers range from N15,000 for low-income earners and N5,000,000 for high-income earners.
- CoolBucks Loan USSD Code –
CoolBucks Loan doesn’t have a USSD code for now.
- FairMoney Loan
FairMoney is one of the loan apps that is stress-free in Nigeria. It provides as much as N150,000 to borrowers without collateral and paperwork.
FairMoney also enables you to disperse your repayment in multiple portions to help improve flexibility and also makes the app and services easier to use. However, You can unlock more benefits by paying credit in time.
FairMoney USSD Code – *322*2#
- QuickCheck Loan
QuickCheck is one of the best loan apps for students or anyone looking for an insecure loan in Nigeria. It also offers up to N10,000 for new borrowers. With the QuickCheck app on your smartphone, you can get instant loans disbursed straight into your account within a few seconds of application.
- QuickCheck Loan USSD Code – *402#
- CreditVille Loan | Instant Loan Apps in Nigeria and Their USSD Code
CreditVille is a quick loan for salary earners and business owners in Nigeria. It is fast and 100% stress-free. CreditVille loan offers range between N100,000 to N6,000,000 and a long-term of up to 18 months without paperwork and collateral to be qualified. To apply for loans at CreditVille, simply visit their official website creditville.ng, and fill out the application form and you get your applied loan instantly.
- CreditVille Loan USSD Code –
CreditVille Loan doesn’t have a USSD code for now.
- QuickBucks Loan
QuickBucks is an online lending platform from Access Bank available for both customers and non-customers of Access Bank. However, You may need to provide certain documents during the application. And once approved, you will receive your applied loan within 24hrs of application depending on the lender involved.
- QuickBucks USSD Code
QuickBucks Loan doesn’t have a USSD code for now.
Now that you know the Best Instant Loan Apps in Nigeria and Their USSD Code, it is important to know that you should only borrow what you have the means to pay back. If you are addicted to borrowing, I recommend you uninstall the app after paying back your loan.
You may also like;
- MTN Nigeria Recruitment 2023 Application Portal, Requirements and How to Apply
- Faith Group of Schools Teachers Recruitment 2023 | Teaching Jobs in Abuja
- Aquarkice Water Recruitment 2023 | Current Job Vacancies in Lagos
- Rainoil Recruitment 2023 Application Form Portal, Requirements and How to Apply
- What is the easiest way to make money online?
