At a time when money is a most crucial necessity for daily survival in the country, many are resorting to instant loan apps to fix their financial predicaments. So what are the best loan apps in Nigeria? This article provides a comprehensive exposition on mobile loans in Nigeria, providing answers to the following questions: “Which is the fastest loan app in Nigeria?” and “Which is the best instant loan app in Nigeria?”

1. Carbon (formerly PayLater)

Carbon is a Lagos, Nigeria-based platform that provides users access to finance, convenient payment solutions, and high-yield investment options.
With Carbon, you can borrow up to a million naira without collateral, guarantors, or paperwork. Citing these features, the Carbon loan app has earned the coveted title of best loan app in Nigeria.
Those who pay off their loans on time are eligible for cashback on the interest they pay, as well as more significant loan amounts, and cheaper interest rates.
Because of its reputation for dependability, there are no late fees, rollover fees, or processing expenses with the Carbon loan app. Users just pay what they owe.
Founded by Chijioke and Ngozi Dozie, Carbon Mobile Loan is led by the former as CEO and the latter as Managing Director, respectively.

How to borrow from the Carbon loan app;

* Install the Carbon application from the Google Play Store or the App Store.
* By giving your information, you get closer to gaining access to financing. It is secure and safe.
* Carbon will evaluate your application and inform you of your eligibility when you've specified the amount you want to borrow.
* Once accepted, Carbon will immediately deposit the cash into your account.

[Read More]

https://www.clacified.com/business/16/instant-loan-apps-nigeria