Do you want to get a loan that you would repay on a monthly basis? Well, this post on online loans with monthly payments in Nigeria will answer your query, keep reading to know the steps on how to borrow money online in Nigeria.
Loans are meant to help people with inadequate fund finance their business and other plans and in return they pay a little interest to the companies offering them loan. This has helped a lot of Nigerians in boosting their businesses.
The availability of loans makes it easy for individual and business owners to get a quick loan to meet up their financial obligations, but many do not know how to go about it. I get questions like “where can I borrow money asap in Nigeria”, well, for the benefit of our readers that would want to apply for loans, we have written a well-detailed article on how to apply for loans online in Nigeria.
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Online Loans with monthly payments in Nigeria
1. Palmcredit
With palmcredit, you can borrow up to N100,000 and repay on monthly basis. One of the requirements to apply for palmcredit loan is that you must be 18 years old. You can apply for a loan for as little as N2,0000 and a maximum of N100,000 with palmcredit app
Visit playing store to download palmcredit app and apply for your desired loan today.
2. Carbon App
carbon app is formerly known as paylater. It is one of the best apps for borrowing money online in Nigeria. Are you an entrepreneur, student, or salary earner? Carbon app is an app that you borrow money and pay back on a monthly basis.
You can apply and get loan on Carbon app without a guarantor or collateral, and also, you get a higher chance of getting your desired loan with Carbon app.
Payments, recharge can be done using Carbo app. Visit Carbon app’s official website to get a loan and receive alert in a few minutes after approval.
3. Alert by Wema
Alat by Wema is an online app introduced by Wema bank to distribute loans to business owners and individuals to meet up with their financial needs.
Follow the steps below to apply loan using Alat by Wema
- Download the app from Google playstore
- input your information and select loan option in the menu
- Task will be carried out and a variety of loan offers will be presented to you along with the duration and interest rate, and you will get your desired loan after completing the tasks.
- your bank account will be credited as soon as you apply for your desired loan.
- you can borrow as high as 2 million naira with Wema Bank Alat
4. Branch
Branch is an app that comes with online loans with monthly payments in Nigeria. you can get up to N200,000 in 24 hours with Branch. Do you need an urgent loan, you can apply for a minimum loan of N1000 and a maximum of N200,000.
Branch operates in other countries like Kenya and Mexico. one good advantage of Branch is that loans can be repaid within a period of 4 to 40 weeks with varying interest rates depending on the borrowed amount.
5. AellaCredit
AellaCredit loan offers come with 6% to 20% interest rates. You can also pay bills, invest and build up insurance with AellaCredit. It is one of the best platforms for online loans with monthly payments in Nigeria
Download AellaCredit app for a quick loan and receive your loan today.
Conclusion
To get quick and easy loan in Nigeria, download these apps listed below and apply for your desired loan.
- Palmcredit
- Carbon App
- Alat by Wema
- Branch
- Aella credit
With these apps, you can get online loans with monthly payments in Nigeria. Follow the steps listed in this article to get a loan today.
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