The Central Bank of Nigeria (CBN), through its Monetary Policy Committee (MPC), has announced an interest rate hike. Read below to learn what the CBN interest rate hike means for borrowers in Nigeria. The MPC, which held its first meeting for 2023 on the 23rd and 24th of January, increased the country’s monetary policy rate …
What The CBN Interest Rate Hike Means for Borrowers In Nigeria
Until recently, applying for a payday loan in Nigeria used to be a daunting task. From lengthy paperwork to getting collateral or a guarantor, the process usually took days or sometimes weeks. However, with advancements in technology, borrowers can now access loans with the push of a few buttons. While the ease with which loans …
10 Factors to consider before applying for a payday loan in Nigeria
The global finance industry may be shaky, but getting a car loan in Nigeria appears not to have been affected. The number of financial institutions offering loans for acquiring new or used cars keeps increasing but what does this mean for the borrower? Car loans, as with other types of loans, come with their advantages …
Looking for the 10 best loan apps in Nigeria with more than 3 months repayment period? Look no further as nairaCompare has curated a list for you. In trying to access money in minutes, several factors determine the loan amount and interest rate. One of them is the repayment period. Your repayment period or loan tenor …
10 Best Loan Apps in Nigeria With More Than 3 months repayment period
Identifying the 10 best loan apps in Nigeria that provide more than 100k loans is not as difficult as it may seem. These days, with the right platforms, you can compare loans to get the best interest rates and of course, the best offers. nairaCompare’s loan aggregator tool, for instance, can help you get the best …
Getting a loan in Nigeria without collateral may not be as difficult as it seems. This is even more if the prospective borrower asks the right questions. Loans obtained without collaterals are also referred to as unsecured loans. What are non-collateral loans? Non-collateral loans are unsecured types of loans that do not require the …
Frequently Asked Questions (FAQs) About Getting A Loan In Nigeria Without Collateral
In recent times, there has been an increased number of loan apps in Nigeria that offer funds without collateral. This is made even more necessary with the need to bridge the financial inclusion drive. Whether you are an individual or a business in need of finance to embark on a project, non-collateral loans are your …
Yes, there are 10 banks that offer loans in Nigeria without collateral. Whether it is a need for urgent capital to keep that business afloat or it is just about meeting that personal need, individuals and businesses seek loans and other forms of credit from banks from time to time. Financial institutions including banks in …
Taking out a loan, more often than not, begins with piecing together all you need to know about getting money in minutes. Without the right information, one will most likely fall prey to the antics of fraudsters. That is why at nairaCompare, we have listed the best loan companies doing business in Nigeria. Other than …
There comes a need for the key players to ramp up their number of downloads as the competition among online loan apps in Nigeria heightens. While it may not necessarily translate to patronage, downloads among loan apps are a great way to understand a company’s ability to attract new users. Each download can be …
Top 10 Online Loan Apps in Nigeria by number of downloads as of H2, 2022
When it comes to comparing and getting a payday loan in Nigeria, there seems to be no end to the questions borrowers tend to ask. With tons of information to sift through, taking the wrong steps might lead a potential borrower into an unsavory loan situation. The decision to take out a loan comes with obligations …
Frequently Asked Questions (FAQs) About Comparing & Getting A Payday Loan In Nigeria
In today’s financial world, digital loan apps provide a useful function. Read below to learn more about 20 Loan Apps that Offer Instant Online Loans in Nigeria Without Collateral. They provide instant loans which are regarded as an important financial inclusion service. In addition, it is naturally expected that you’ll bring collateral to the …
20 Loan Apps that Offer Instant Online Loans in Nigeria Without Collateral
