Top 10 Personal Loans in Nigeria
The financial landscape in Nigeria is rapidly evolving. With a large unbanked population and increas
Compare Personal Loans in Nigeria
Find the best loans for your personal needs at a rate you can afford
Personal Loan Resources
Personal Loan Resources
Personal Loans calculator
Editor's Picks
Choose the best personal loans for you
View Eligibility Criteria
Payday Loans
Eligibility criteria
- Be at least 18 years old.
- Be a Nigerian citizen or resident with a valid form of identification.
- Have an active bank account.
- Be a salary earner.
- Have received a salary for at least 3 consecutive months.
- Have a good credit score and history.
Please note that eligibility criteria may vary depending on the lender.
It’s important to go over the criteria specified by the lender you choose.
Application requirements
- Bank Verification Number.
- Copy of valid form of identification.
- Passport Photograph
Employment / Confirmation / Last Promotion Letter. - Staff ID Card
- Bank statements for the past 6 months.
- Credit score report.
- Any other supporting documents requested by the lender, such as proof of address, utility bills, etc.
Please note that requirements may vary depending on the lender.
It’s important to go over the requirements specified by the lender you choose.
View Eligibility Criteria
Quick Loans
Eligibility criteria
- Be at least 18 years old.
- Be a Nigerian citizen or resident with a valid form of identification.
- Have an active bank account.
- Have proof of a steady source of income such as employment or business.
- Have a good credit score and history.
Please note that eligibility criteria may vary depending on the lender.
It’s important to go over the criteria specified by the lender you choose.
Application requirements
- Bank Verification Number.
- Copy of valid form of identification.
- Passport Photograph
- Proof of employment (Self-employed individuals may be required to provide business registration documents, etc., to prove their income source and financial stability).
- Bank statements for the past 6 months.
- Credit score report.
- Any other supporting documents requested by the lender, such as proof of address, utility bills, etc.
Please note that requirements may vary depending on the lender.
It’s important to go over the requirements specified by the lender you choose.
View Eligibility Criteria
Consumer Loans
Eligibility criteria
- Be at least 18 years old.
- Be a Nigerian citizen or resident with a valid form of identification.
- Have an active bank account.
- Have proof of a steady source of income such as employment or business.
- Have a good credit score and history.
Please note that eligibility criteria may vary depending on the lender.
It’s important to go over the criteria specified by the lender you choose.
Application requirements
- Bank Verification Number.
- Copy of valid form of identification.
- Passport Photograph
Proof of employment (Self-employed individuals may be required to provide business registration documents, etc., to prove their income source and financial stability). - Bank statements for the past 6 months.
- Credit score report.
- Any other supporting documents requested by the lender, such as proof of address, utility bills, etc.
Please note that requirements may vary depending on the lender.
It’s important to go over the requirements specified by the lender you choose.
Choose the best personal loans for you
View Eligibility Criteria
Payday Loans
Eligibility criteria
- Be at least 18 years old.
- Be a Nigerian citizen or resident with a valid form of identification.
- Have an active bank account.
- Be a salary earner.
- Have received a salary for at least 3 consecutive months.
- Have a good credit score and history.
Please note that eligibility criteria may vary depending on the lender.
It’s important to go over the criteria specified by the lender you choose.
Application requirements
- Bank Verification Number.
- Copy of valid form of identification.
- Passport Photograph
Employment / Confirmation / Last Promotion Letter. - Staff ID Card
- Bank statements for the past 6 months.
- Credit score report.
- Any other supporting documents requested by the lender, such as proof of address, utility bills, etc.
Please note that requirements may vary depending on the lender.
It’s important to go over the requirements specified by the lender you choose.
View Eligibility Criteria
Quick Loans
Eligibility criteria
- Be at least 18 years old.
- Be a Nigerian citizen or resident with a valid form of identification.
- Have an active bank account.
- Have proof of a steady source of income such as employment or business.
- Have a good credit score and history.
Please note that eligibility criteria may vary depending on the lender.
It’s important to go over the criteria specified by the lender you choose.
Application requirements
- Bank Verification Number.
- Copy of valid form of identification.
- Passport Photograph
- Proof of employment (Self-employed individuals may be required to provide business registration documents, etc., to prove their income source and financial stability).
- Bank statements for the past 6 months.
- Credit score report.
- Any other supporting documents requested by the lender, such as proof of address, utility bills, etc.
Please note that requirements may vary depending on the lender.
It’s important to go over the requirements specified by the lender you choose.
View Eligibility Criteria
Consumer Loans
Eligibility criteria
- Be at least 18 years old.
- Be a Nigerian citizen or resident with a valid form of identification.
- Have an active bank account.
- Have proof of a steady source of income such as employment or business.
- Have a good credit score and history.
Please note that eligibility criteria may vary depending on the lender.
It’s important to go over the criteria specified by the lender you choose.
Application requirements
- Bank Verification Number.
- Copy of valid form of identification.
- Passport Photograph
Proof of employment (Self-employed individuals may be required to provide business registration documents, etc., to prove their income source and financial stability). - Bank statements for the past 6 months.
- Credit score report.
- Any other supporting documents requested by the lender, such as proof of address, utility bills, etc.
Please note that requirements may vary depending on the lender.
It’s important to go over the requirements specified by the lender you choose.
Check your credit score report
Get the best online loans with low interest rates based on your Credit Score.
Check your credit score report
Get the best online loans with low interest rates based on your Credit Score.
Frequently Asked Questions
Frequently Asked Questions
We answered some questions, so you don’t have to ask them
Find the best loans for your personal needs at a rate you can afford
Lenders consider factors like your credit score, income, employment history, and debt-to-income ratio when determining your eligibility for a personal loan. A good credit history and stable financial situation generally improve your chances.
How much can I borrow with a personal loan?
Loan amounts vary depending on the lender, your creditworthiness, and your ability to repay. Lenders often have minimum and maximum loan limits, and the specific amount you're eligible for will be determined during the application process.
What's the difference between a secured and unsecured personal loan?
A secured personal loan requires collateral (like a car or savings account), which the lender can claim if you fail to repay. An unsecured personal loan doesn't require collateral but may have higher interest rates since it carries more risk for the lender.
How can I use a personal loan?
Personal loans are versatile and can be used for a variety of purposes such as debt consolidation, home improvement, medical bills, education expenses, and even vacations. The use depends on your needs and financial goals.
What our users say about us
What our users say about us
Grenadines Homes
August, 2021
One stop shop for everything about loans. Naira Compare will not just helps you compare loans, they also help you secure it. I enjoyed the service.
Taibat Orogho
November, 2022
Just the service I needed. Helps users compare loans and other financial products, and make informed decisions. It is also very simple and easy to navigate!
Promise Ndah
October, 2022
No stress at all, thank you very much, really appreciate.
Okebukunola Wuraola
August, 2021
Makes the loan process very easy. You can compare loans in one place and make decisions.
Stay in the know!
Sign up for our newsletters on exclusive financial offers
By continuing, you agree to our Terms & Conditions and Privacy Policy.
