The rise of loan apps in Nigeria has been an exciting development in recent years. Not only have these apps transformed the lending industry by making it easier, faster, and more convenient to borrow money, they have also streamlined the process to make it more accessible to a wider range of people. That was why …
It is almost impossible to get a loan without BVN in Nigeria. This is mostly because financial institutions consider individuals without BVNs a flight risk. In February 2014, the Central Bank of Nigeria (CBN), in collaboration with the Bankers' Committee, launched the BVN project. The aim of the project was to capture the biometrics of …
You may be in need of urgent cash and have filled out that loan application, but what do you do when rejected? A loan is a form of debt incurred by an individual or other entity. The lender, usually a financial institution, or government, advances a sum of money to you, the borrower. In return, …
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 …
When it comes to acquiring a loan, there are several requirements lenders put in place to ensure they get their money back. But how does one get a quick loan without having a job, especially in a country like Nigeria? Not having a job is not a phenomenon peculiar to Nigeria as the job market the …
Are you stuck with paying your bills and in need of urgent assistance? As a salary earner, payday loans can always come to your rescue. However, before deciding on taking that route, it is important to put together all the information you need to know about payday loans. In the past, a borrower was required …
A Payday loan is one of the most popular types of loans. It is a short-term loan that can help you cover immediate cash needs until the next paycheck comes in. That is why, for borrowers, it is important to learn how to get the best payday loans in Nigeria. Payday loans can be used to …
