Top 8 Quick Loan Apps in Nigeria For Urgent Cash Needs


Are you in need of cash for emergency use? Or you are looking for the best quick loan apps in Nigeria. Then look no further for you have reached the right place.

You want to pay for rent or you need money to support your business, whatever your financial needs might be, getting a quick loan at the right time is crucial.

These loan apps can only give you access to quick cash range of 2500 naira to 100,000 naira, to begin with. If you are looking for business loans, you might need to look at other online platforms for business loans in Nigeria.

Quick Loan Apps In Nigeria

Today we will review the top quick loan apps in Nigeria, stating their features which will guide you and give you options on which one to choose from when you are in dire need of a quick loan without collateral.

Please note that this list is for mobile apps only. That is apps that are available in the app stores. You can visit our comprehensive list of all quick loan services in Nigeria.

1. Paylater Loan App


The  Paylater Loan App is one of the leading loan apps in Nigeria, it’s easy to use and comes with lots of awesome features. Aside from getting quick loan in minutes; it in addition bestow you the opportunity of investing money which can yields an interest of up to 15.5% annually by investing in PayVest, send cash to friends and family, recharge airtime on your mobile phone and pay for utility bills such as GoTV, DSTV, LCC, Bet9ja or set up transactions to occur at a future date.

If you are looking for quick online loan apps in Nigeria Paylater might be your destination.  On Paylater loan app you can get quick loans of up to ₦1million within 5 minutes without documents or collateral and repay over a period of 15 days to 6 months.

Paylater is fast, secure, reliable and works 24/7 and is currently available in Nigeria and Ghana.

Click here to download Paylater Loan App on google play store

Visit their  websites: (Nigeria)

2. Quick check loan app


QuickCheck Loan App is another big player among the loan apps in Nigeria. Whether it is medical bills, school fees, payday advance or unexpected cash problems, QuickCheck has got your back when it comes to getting quick loans in Nigeria.

This quick loan app in Nigeria is a lending and credit system which is designed for small business enterprises and private individuals. According to QuickCheck platform, clients can receive instant and readily accessible funds of not more than 30,000 naira for a period of either fifteen or thirty days without providing any collateral.

Loan from QuickCheck comes with interest at 1% daily for the number of days you will be holding the loan (30 days maximum)

Quick Check app is available on Google Play. Click here to download QuickCheck Loan App 

(Note that there are other QuickCheck loans apps which are not for Nigerians so watch out for this logo)

Attachment_2.pngThe app also allows you to purchase airtime seamlessly for yourself and your loved ones.

Find out more at

3. Aella Credit Loan App


Aella Credit loan platform was launched to cater for employees of companies in their network to access cash at the most competitive rates anywhere, but it has evolved into overtime to becoming one of the finest quick loan apps in Nigeria. Today, individuals who may seek quick loans to meet their emergency needs can turn to Aella Credit Loan App for a quick online loan.

Download Aella credit Loan App

4. Branch Loans App


The Branch Loan app lets you apply for credit on the go, and it works 24/7 without collateral.

It is one of the fastest loan apps in Nigeria. You can complete our application in seconds and receive your loan straight to your account. It’s fast, convenient and reliable.

The initial amount of loan allowed to be borrowed is 6,000 Naira with an interest of 1,200 Naira in 30 days repayable over a period not exceeding four weeks.  The payment option could also spread out to 4 weekly payments (1,800 Naira per week).

Visit their website:

You can get the Branch Loan App from the Google Play Store via this link Download and Apply for Loan on Branch App

5. FairMoney Loan App


FairMoney Is one of the latest quick Loan Apps  In Nigeria.

Fairmoney loan app provides quick cash for Personal finance, Health emergency, Car repairs, Rent payment and Buying consumer durable goods.

The instant loans like other quick loan apps in Nigeria are not backed by collateral, but instead by your creditworthiness.

In 5 minutes you can request for a Quick Loan to get an instant decision and funds transferred to your bank account.

FairMoney also provides education loan with the aim of enabling students to reach their goals in life.

A business loan is also available for small business owners who plan to start up a business or to develop an existing business.

Explore their small business online loan options to finance your business needs, the fund is transferred to your bank account in 5 Minutes.

Visit their website:

6. ALAT Loan App by Wema Bank


On ALAT, though it is designed to function as a digital bank, you can now apply for a loan without paperwork, no visitation to any physical location and response time between acceptance of offer and loan disbursement is in minutes.

You can borrow as much as N200,000 (Two hundred thousand naira) without any collateral.

As a digital bank, you can open an account, Schedule transfers, save and pay bills automatically, get your bank card delivered to you anywhere in Nigeria and get up to 10% interest on your savings.

If you’re tired of regular old banks and you want to take control of your money, ALAT is for you.

Visit for more information

7. Palmcredit Loan App


It is one of the latest loan apps in Nigeria that provides fast loan without collateral.

With PalmCredit getting a quick loan is simple.

PalmCredit Loan App revolutionalized the loan apps in Nigeria using credit limit. You can apply for your credit limit in minutes, and then take as many instant loans as you need without further approval steps once you have not exceeded your credit limit.

As soon as you repay, your credit score is updated. Repay on time and watch your limit grow to N100,000.

Palmcredit makes it easy for people to access a loan, anytime, anywhere.

8. Sokoloan Loan App


Sokoloan is relatively new among the loan apps in Nigeria. Sokoloan is a simple, entirely online lending platform that provides short-term loans in Nigeria to help cover unexpected expenses or urgent cash needs.

With Sokoloan you can apply for a loan 24/ hours a day, 7 days a week. The app comes with a quick application process that lets it know your status within minutes.

For online loans in Nigeria without collateral, fast and quick loans in Nigeria, download and apply for SokoLoan

Wrap It Up!

There you go! The list of the best quick loan apps in Nigeria.

It can be tempting to use a lot of them to get quick loans as you might need but you need to realize that lots of financial stress can arise from being unable to pay back your at the stipulated time. So, make sure you can bay back before taking the loans.

It is wise to stay out of debt but if you know what you are doing debt can be used as leverage to achieve your financial goals.

Over To You

So, have you used any of these apps, kindly share your thoughts in the comment box? Please share with us in the comment below. Believe me; I sincerely value your opinion more than mine.

And don’t forget there is love in sharing!

See You At The Top!!!