The rate the online money loans is spreading in the country among Nigeria masses especially the youth seeking loan from numerous website without source or traceable address is so cumbersome. Many youth see it as an opportunity to get there share from the national cake, with some having it in mind to repay back the loan while some with the intension of not paying back again, but my worries about this online loan is that all your details concerning your bank security will be collected before the loan is disbursed to you, some of the information that will be collected include your ATM serial number , your ATM pin, your Security including other security information like your BVN that will be used to withdraw the loan back from your account including the loan interest at the end of the stipulated duration usually a month. But my worry now is that hope this online money lender will not later be hijack by the fraudsters and yahoo boys who will get access into applicants account without there knowledge. The govt have been silent over this and we need to know if it is govt approved or not, so what your view about this and what risk is involve in collecting this money. Some of the company offering this online loan include paylater, snapcash, rapidcash kwickcash to mention few.

I highly recommed KwikCash for soft loans, and personal banking details you enumerated above are not required to get the loan. Read more here https://www.questechie.com/2018/09/get-instant-loan-without-collateral.html

I just hope Nigerians will not derail these great programs that are truly aimed at helping the poor!