Top 11 Best Loan Apps In Nigeria By Loan Amount (500K And Above) 2021/2022

MONEY CABAL, your personal and small business finance digest bring you our list of Top 11 Best Loan Apps In Nigeria By Reviews that give the highest loans,  that are most trusted, that are most reliable and that are considered the best in Nigeria for 2021/2022 year period.

Top 12 Loan Apps In Nigeria Without ATM Card
Top 11 Best Loan Apps In Nigeria By Loan Amount (500K And Above) 2021/2022

Have you ever found yourself in a challenging financial situation due to unexpected expenses lately? Has the persistent global economic meltdown been toll on your finances? Getting a loan may seem daunting, but it isn’t really as difficult, thanks to many now available digital lenders and loan apps in Nigeria for quick cash and emergencies.

Unexpected circumstances definitely occur which will necessitate you getting short tenure quick loans to meet them. You can get help in no time when such emergencies occur at a time you don’t have enough money on you from any of our list of top 11 best loan apps in Nigeria for 2021/2022.

For putting a smile on the face of everyday Nigerians, digital lenders and loan apps to borrow money in Nigeria are highly regarded and sought after. MONEY CABAL, your personal finance digest have compiled a list of industry favorites below to guide your choice of quick cash loans. Read on and enjoy!

List of Top 11 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k And Above) For 2021/2022

Below is MONEY CABAL list of the top 11 best loan apps in Nigeria which are among the most trusted, most reliable, giving the highest loan amount and generally considered the best in Nigeria for 2021/2022 year period.

For your quick and emergency cash loans, we made this careful selection by our thorough ongoing reviews, customer feedback and loan amount covering 2021 to 2022 year.

The reviews monitored the performance, reputation, operational ethics, customer service, customer feedback, loan recovery method and by highest number of downloads for 2021/2022 year period among other criteria to determine our best loan apps in Nigeria list. Enjoy!

  1. Renmoney
  2. Branch
  3. Carbon
  4. FairMoney
  5. Aella Credit
  6. Umba
  7. Money In Minutes
  8. Lendigo
  9. Migo
  10. QuickCheck
  11. Baobab Loans

1. Renmoney

10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k)
RENMONEY: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k)

Renmoney is a group of technology and finance enthusiasts who are passionate about making financial inclusion count. It claims to be Nigeria’s most convenient lending quick loan company.

About Renmoney

Renmoney is a fintech offering digital banking solutions in Nigeria and providing loans of up to ₦6,000,000, great interest on your savings, bill payments, airtime & money transfers via the Renmoney app. We operate with a microfinance banking license, regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).

With Renmoney, you can apply for a convenient loan to meet daily urgent financial needs like growing your small business, renovating your home, buying a new car, paying rent, school fees, medical bills, etc..

Your Renmoney app will make finance simple and useful, so you can do more today! You can unlock loans of up to ₦6,000,000 loan from the platform, earn great interest on your savings, pay bills, buy airtime & make payments – all on your Renmoney app.

Whether you’re employed or run your own business, you can get a loan conveniently. Just share some information with us, we’ll give you a decision and if your loan is approved, you’ll get money in your bank account very quickly.

About Renmoney loans

  • – If you pay on time, you get lower rates and longer time to repay on your next loan
  • – No paperwork, collateral or guarantor needed
  • – No hidden charges, you always see your loan terms before you commit
  • – Minimum loan repayment period is 3 months
  • – Maximum loan repayment period is 12 months
  • – Monthly interest rates range from 2.65% – 9.89% and the maximum Annual Percentage Rate (APR) is 35.76%. No other fees are charged

CLICK HERE to apply for Renmoney Loans

2. Branch

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
BRANCH: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k)

Branch is one of the best loan apps in Nigeria for instant cash and our 2nd pick on the list of top 11 loan Apps in Nigeria that give the highest loan amount up to N500K and higher. The platform also count for one of the most reputable by customers’ feedback for 2022.

Branch gives its customers quick loan up to ₦500,000, also allow them to transfer money for free, and enjoy investment yields of 20% per annum.

You can simply apply through the Branch app and get approved in under 24 hours. Branch don’t charge late fees or rollover fees, nor put restrictions on how you spend your money, and our customer support team is available 24/7. If you ever needed loan apps in Nigeria for instant cash that are reliable, this is one of your best pick.

Requirements are simple – all you need to apply is your phone number or Facebook account, bank verification number (BVN) and bank account number. They will also request access to the data on your phone in order to build your credit score.

To Apply for a Loan from Branch, CLICK HERE

3. Carbon

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
CARBON: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Carbon, formerly known as Paylater, is our 3rd pick in the list of top 11 best instant loan apps in Nigeria that give the highest loan amount in 2022. Carbon app gives as much as N500k and more to customers.

Digital loan from Carbon do not require collateral or guarantors. At your first try, you may not be able to access big cash, you start by borrowing small, and paying back as at when due, then you can have access to bigger funds.
The loan app platform is available 24/7. You can apply for instant cash on weekends and holidays and get a quick loan.

To download the app on Google Play Store CLICK HERE.

4. FairMoney

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
FAIRMONEY: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

FairMoney is our 4th pick in our list of top 11 best loan apps in Nigeria that give the highest loan amount up to N500k and more in 2022 for quick cash loans.

Loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)

You can download the FairMoney app on Google Play Store by clicking here

5. Aella Credit

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
AELLA CREDIT: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Aella Credit loan app exists to simplify and open up financial access for all in emerging markets by leveraging technology and widespread mobile adoption for Nigerian borrowers. It is the 5th pick on our list of best loan apps in Nigeria by loan amount giving out up to N500k and higher.

The mission statement of the credit company is to help customers build financial independence by providing access to simple products; quick loans, instant cash, investment opportunities and bill payments.

You can download Aella Credit app on Google Play Store by clicking here.

6. Umba

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
UMBA: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Umba is the 6th pick on our list of best loan apps in Nigeria by highest loan amount, giving out up to N500k and more in 2022.

The lender prides itself as the leading digital bank in Africa. The app allows users to apply, drawdown and repay loans directly from their smartphone or desktop computer.

Once an individual is verified, it makes lending decisions based on an assigned risk rating.

How To Get Started

Create your account
Apply in seconds
Receive an Umba Loan
Increase your loan limit every time you repay a loan on time

You can download the Umba app on Google Play Store by clicking here

7. Money in Minutes

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
MONEY IN MINUTES: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Money In Minutes is our 7th pick in the list of best loan apps in Nigeria by highest loan amount. It gives up to N500k and higher to customers. The platform is managed by MIM Finance Company, a UK-originated lending platform with presence across three (3) continents and Nigeria’s 1st Credit Membership that gives instant cash.

The platform has a robust and wide range of products to help you access affordable finance for various needs and purposes.

To apply for a Money In Minutes Loan, CLICK HERE

8. Lendigo

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
LENDIGO: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Lendigo lending platform prides itself as Nigeria’s No 1 SME Finance Provider and the 8th on our list of best loan apps in Nigeria by highest loan amount and customer satisfaction in 2022. The lending platform offers Nigerian SMEs easy, fast and flexible access to working capital according to their business requirements and suited to their finance needs.

Lendigo lending organization gives up to N10million loan amount with very flexible tenure period and competitive interest rate, no hidden charges.

If you are a SMEs that provide Retail and Professional services as well as traders of general merchandise such as Electronics, Computing, Phones, Fashion & Apparel, Household Goods among others, then you can apply for Lendigo loan in minutes and get it processed for you.

Up to ₦10m Loan
Apply in Minutes
Low Interest Rate
Flexible Terms

To Apply for Lendigo Loan, Click here.

9. Migo

Top 30 Best Instant Loan Apps In Nigeria By Reputation 2022
MIGO: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Migo (formerly kwikmoney) is a cloud-based lending platform and the 9th on our list of best loan apps in Nigeria by loan amount giving out up to N500k to N1,000,000 and more quick emergency loans.

Migo loan amounts range from N10,000 to over N500,000 but limited to N50,000 for a new customer.  You do not need any collateral, guarantor or documentation to request a Migo loan.

All you need is an android phone, your banking details including BVN and a complete online application form.

You can also get a Migo loan by dialing *561# for MTN, 9mobile, and Glo or *554*561# for Airtel. From the list, select “Request Loan” to see a list of your customized loan offers.

To apply for a Migo loan, CLICK HERE

10. QuickCheck

Top 20 Loan Apps To Borrow Money In Nigeria
QUICK CHECK MIGO: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

QuickCheck comes 10th position on our assessment of top 11 best loan apps in Nigeria by loan amounts, giving out up to N1,000,000 and more and one of the best for quick cash loans for 2022. The app uses machine learning to predict borrower’s behaviour and instantly evaluate loan applications.

You can begin your application by downloading the QuickCheck app from the Google Playstore. After downloading the app, sign in with your facebook email address and password and fill the provided fields correctly.

Why Use QuickCheck?

– Borrow up to ₦1,000,000
– Choose your payment tenure
– Fast and easy access to loans, with no hidden charges
– Account is credited as soon as the loan is approved
– No collateral or guarantor needed
– QuickCheck Loan App is extremely secure and reliable
– Artificial intelligence is used to run credit scoring, making loan decisions instant!
– We are available 24/7 to support you

To apply for QuickCheck loan on Google Play Store, CLICK HERE.

11. Baobab Loans

Top 30 Best Loan Apps By Reputation For 2022
BAOBAB: 10 Best Loan Apps In Nigeria That Are Most Trusted, Most Reliable, And Give The Highest Loan (500k and above)

Baobab Microfinance Bank is our 11th pick on the list of best loan apps in Nigeria by loan amounts, giving out up to N500,000 to N50,000,000. The platform requires little or no documentation. It gives out loans to individuals and business owners to enable them grow and expand their business. They have different categories of loans.

The loan organization claims it can make credit decision and disbursement with in 72 hours if all requirement are met and fulfilled. Baobab gives out loan between N20,000 to N50 million repayable in 1 to 24 month with minimum administrative procedures.

Baobab minimum loan amount is N20,000 and a Maximum amount of N50,000,000. Both depend on the borrower’s repayment capacity assessed based on verifiable business inventory and other criteria.

CLICK HERE to apply for Baobab Loans

Do You Need Quick Or Emergency Cash From Instant Loan Apps In Nigeria That Give Up To N500,000 and Above?

 

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MONEY CABAL is promoting ethical lending services globally and fighting loan shark harassment across board

In need of an instant loan or an emergency cash loan? You can apply through any of the top loan apps in Nigeria and get funded under 3 hours, a few more hours or within 24 days.

If you are in United States of America (USA), you can also apply for an emergency cash advance loan even if you have a poor or bad credit rating. If you need the top and best Apps For No Credit Check Loans, direct to your debit card, CLICK HERE.

These Top 10 Best Instant Loans No Credit Checks Guaranteed Online Approval are also highly recommended.

If you are in Canada, these 10 cash advance loan apps could meet your emergency and quick cash loan request.

For instant, payday, emergency or advance cash loan if you are in Australia, CLICK HERE.

CLICK HERE to apply if you are an unemployed in US.

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About the Author: Femi Adeoya

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