2024 Top BEST Loan APPS in Nigeria With Good Interest Rates

Are you seeking the best loan apps in Nigeria? TwinkleHub offers a list of well-known outstanding loan apps that offer fast loans, with low interest rates, and low payment/payback durations.

However, before seeking loans, there are basic things to consider which include how much you need, what you need the money/loan for, and how to recover the money so you can pay it back.

Most people have various reasons why they take loans, but it’s best to ensure that the reason for the loan is worth it. You can seek a loan to pay school fees as a student, pay for rent, or invest in a business, but also make sure that you are sure of paying back the loan on the due date to avoid certain embarrassments or regular disturbing calls from the loan companies.

It’s also good to keep a good/clean record with a loan company, as it increases your chances of getting higher loans on a loan interest rate because you have built trust with them.

Not paying back your loans on the due date attracts certain punishments from the loan company, which might include added payback interest, blacklisting your name among loan defaulters, which means no loan company will be able to offer you a loan again, and many more penalties.

With the above few things in mind, let’s take a look at the top 10 Best loan apps in Nigeria, and how you can easily get money from them, but always ensure to pay back because it will help others as well. Your payment creates room for others to take loans.

What are the BEST Loan APPS in Nigeria?

Without much waste of time, let’s look into the best loan apps in the country, and how to collect little money from them.

2. 2. EASIMONI

Another tested and trusted loan app in Nigeria is the EasiMoni, also operated by Blue Ridge Microfinance Bank, and has satisfied users with good ratings, which got them among the best loan apps in Nigeria.

EaseMoni offers loans ranging from N5,000 to millions. However, they first analyze your transaction level and if you’re not a loan defaulter, they offer you a good loan at your first application, and after repayment, you get an increased loan fee with increased repayment durations.