When it’s urgent, it can’t wait, you need to get a quick bailout Occasionally, we all have urgent financial obligations that cannot wait for payday. Sometimes, the failure to meet such urgent expenses may have far-reaching consequences. Yes, support from families and friends, either as loans or gifts may help to solve such urgent …
Top companies offering quick loans without collaterals in Nigeria
As the finance world continues to adapt to innovations, traditional Nigerian Banks have come to meet fierce competition from digital lending platforms. One way digital banking outshines traditional Nigerian banks is with the availability of instant loans. Instant loans, otherwise known as payday loans, are short-term unsecured loans, often characterised by high-interest rates. With …
A few years back, the Nigerian finance sector was liberalised paving the way for more players to step in to cover grounds the traditional banking platforms were unable to cover. This gave room for digital money services to thrive and with it came the now popular loan apps. Other than anything, the drive to …
The best quick loan apps in Nigeria according to users’ ranking
How To Find and Apply For The Best Payday Loans In Nigeria The payday loan element of acquiring credit facilities in Nigeria is still largely untapped as most of its potential are lying fallow. As the name implies, this loan is available to salary earners, although entrepreneurs with well-structured earnings may also apply. By its …
In an era when the risk of obtaining a credit facility is ever-increasing, getting a loan may seem like a tedious task. Although the process of acquiring a soft-loan facility may appear to have been liberalised, one false step in the process might incur dire consequences. What Really is a Loan? A loan is …
It’s common for commercial banks to say NO, but that should not be a showstopper It is widely thought that commercial banks are the only source of financing for business loans. Whilst this may not be a bad thought for big corporations like Nestle and Dangote Cement, small business owners need to think differently. Seven, …
When banks say no, there are many other options for your business loan
It’s a challenging time, so it’s important you are a bargain hunter to make some savings Every Naira counts at this time, and you can’t afford to lose any opportunity to make savings on your loan. Besides, it’s not just about the interest rate or overall cost, you also need to be sure you are …
Emotions can be high when you need cash urgently Scammers have never been so prevalent and successful. They are everywhere and target everyone; irrespective of your age or gender, you are a target. Therefore, you cannot afford to lose your guard. Unfortunately, these financial criminals work on their victims’ emotions, preying on you where and …
It is so exhausting to be rejected… It is disheartening to be rejected and nobody can imagine the feeling like the one who has experienced it. It is so painful to have all the plans laid out for growing a business only to be frustrated by a lender who turns down the application for a …
When taking a loan, be sure to catch the wind Many times, business owners apply for a loan without having a good understanding of the terms and conditions of the loan. Whilst large corporations lean on their finance team to break down the finance jargon and provide relevant details necessary for the Executives or Board …
