Read more about FinTech
However, the process of accessing quick loans in Nigerian banks is quite lengthy and tiresome for individuals and business owners looking for a small amount of loan for only a short period. As a result of this tedious process, most individuals and business owners have resorted to digital lending apps. This is because these lending apps cover the loan lifecycle from the application of loans to payment into the customer’s account in a faultless manner for a short period. Lending apps are digital apps used by individuals and business owners to request loans in order to meet certain financial needs. These online lending apps are making it easy for businesses and individuals to have access to quick loans when the need arises.
Beneficial Features Of Lending Apps
- Eliminating Paper Work: Digital lending apps permit applicants to submit all information and proof online, thereby, eliminating excess paperwork and manual procedures. This seamless process saves time and allows business owners to focus on other pressing needs.
- Improvement in Business Efficiency: The loan process involved in these lending apps is completely automated and covers the entire loan lifecycle from application to approval, to payments, and creates a far better customer experience. It is a beneficial situation for both the lender and borrower, as it results in considerable time and cost savings while not compromising on risk and quality of customer experience.
- Convenient for first time borrowers: Individuals or business owners who borrow for the first time find it easier to use a digital lending platform. This is because these digital lending platforms simplify the entire lending process, while the features are user friendly and require minimal manual input. The processes involved are carried out without human bias or error, making the entire experience efficient, effective and enjoyable.
- Comfort across Devices: Digital lending apps are available on smartphones, given that the device has the maximum reach. Most individuals and business owners use their smartphones every day for various purposes, including financial transactions, because of the minimum manual data input needed. The fast turnaround time from loan application to money in the account describes the convenience of these apps.
Sign up to the Connect Nigeria daily newsletter
Some of the lending apps include:
Pay later
Pay later is a user-friendly online lending app that provides short-term loans to individuals and small businesses in Nigeria, to help cover unforeseen expenses or urgent financial needs. Pay later offers you access to loans of various amounts without collateral. The processes involved are seamless, given that the moment your application is approved, funds are typically received within 1 – 3 business days. However, your ability to access higher credit limits depends on your ability to repay your loan on time.PalmCredit
PalmCredit is a popular online platform that allows you to apply for loans in Nigeria without collateral, and have the funds transferred to you in minutes anytime and anywhere. One unique feature of this lending app is its attractive low-interest-rate, thereby, making it a popular lending app in the country.Branch
This is one of the most used lending apps in Nigeria, because it uses data science to increase access to various financial services for individuals and businesses. The app takes care of your loan needs with ease, allowing you to focus on achieving your personal growth or growing your business.FairMoney
FairMoney is a popular lending app that offers short-term loans to help cover urgent needs and business expenses. With this app, you can have access to loans anytime and anywhere, and have your loan application approved in a few minutes. This app also offers various packages, such as personal loans, education loans, business loans & more. While most of these platforms seem to offer quick loans without any collateral, it is advisable to carefully study their Terms & Conditions (T&C), which involves their interest rates and payback period, before throwing in your loan application. Featured Image Source: NairametricsGot a suggestion? Contact us: editor@connectnigeria.com
You might also like:
- Consumer Technology: Smartphone Penetration in Nigeria
- Consumer Technology: E-commerce and Digital Payments
- 7 Things to Consider Before Choosing a Fibre to the Home Provider in Nigeria
- 8 Productivity Hacks for Tech Professionals
cheap dissertation writing services
proposal and dissertation help geography
dissertation writing and editing
essay writing services 2019
dissertation search
write my dissertation
write my dissertation
dissertation literature review help
doctoral dissertation defense
dissertation meaning
dissertation writing assistance
writing a doctoral dissertation
tips for dissertation writing
proquest dissertations
help-seeking dissertation
dissertation proposal template
dissertation help india
dissertation defense
how to cite a dissertation
best dissertation writing service review
cheap dissertation help in los angeles
help dissertation dissertation help
buy a dissertation
dissertation research
research writing help
research writing help
dissertation help scam
books and dissertation about mafa people
writing your dissertation in
dissertation structure
language editing phd thesis
need help with dissertation
medical dissertation writing service
professional dissertation help
edd dissertation topics
dissertation template
gambling bonuses
free signup bonus no deposit casino
online casinos no deposit bonus
buy art online berlin
definition of dissertation
dissertation writing software
bester online casino bonus
casino online real money
online casino usa real money no deposit bonus
best dissertation writing services uk
english dissertation help
buy the help
best casino deposit bonus
bonus online casino
no deposit on line casinos
best dissertation writing services uk
dissertation abstract
dissertation proposal example
dissertation abstracts
18 month doctorate without dissertation
phd thesis vs dissertation
american online casinos
bingo gamble
no deposit online casino bonus
custom dissertation writing services
dissertation writing services uk
custom dissertation writing services
best casino online
best online casinos for real money
top online casino real money
gambling casino online bonus
casino no deposit welcome bonus
what is the best online casino for real money
top us online casinos
online casinos for usa players
biggest online casino bonus
online casinos no deposit
online casinos for real money
real casino games
casino sites
best deposit casino bonus
top mobile casino
top mobile casino
free no deposit casino
win real money online casino
best us online casinos
no deposit casinos
usa casinos on line
vpn express
buy indian vpn
open vpn
free sign up bonus no deposit casino
online casinos free money
best casino deposit bonus
best vpn for binance
best vpn for pc free download
hoxx vpn proxy
what is the best online casino for real money
mobile casino games
real casino games
free vpn server
cyberghost vpn free trial
free vpn\
vpn netflix free
free secure vpn
best vpn for usa
online casinos free money
casino deposit bonuses
free no deposit
casino free spins
best online casino real money
betonline casino
free vpn that works
free vpn pc
best free windows 10 vpn
online casino bonuses
casino reviews
internet casino bonus
no deposit welcome bonus
usa online casino
more casino games
vpn for pc
free vpn reviews
avast vpn license file
casino welcome bonus no deposit
online casino bonus no deposit
top online casinos
hotspot shield vpn proxy free
best vpn service 2019
google vpn free
us casinos online
online usa casino
online american casinos
no deposit welcome bonus
free money no deposit
usa casinos online
republican gay dating ap
good gay chub dating
military gay dating
best datings sites
dating singles site
best sites for online dating
best gay dating sites for southwest florida
bi/gay dating
completely free gay dating sites
casual dating
best free dating sites
free dating services
meet singles free
dating free site
adult dating sites
singles
dating sites for free
best single sites
smooth chubby chub gay transsexual dating
gay dating service worcester ma
gay dating sites for seniors
singles ads
[url=”https://freeadultdatingpasses.com”]best online dating websites[/url]
online dating best sites free
adam for adam gay online dating hookups
free gay dating sites grindr craigslist
whats the best sith for findina a gay dating site for women
free date site
meet european singles in usa
women dates local no fee
gay dating in kingman az
gay dating sites
gay bear dating
dating guide
online free dating personals for singles
best free online dating websites
online casino free money
online casinos for real money
usa casino
dating free
free american dating site for christian
juicydatessites
no deposit casino games
online bingo real money
best online casino welcome bonus
gay chat cam rabdom
chat with sexy black gay men
gay cruising chat
free online sating
new singles online
dating online best websites
free gay radom ewb chat
freee gay chat
anonymous gay chat
chat gay con camra
skype gay chat
gay massachusetts chat
gay chat porn
gay chat roullete
gay bdsm chat
pdx gay chat
rastaboy gay chat
gay male cam chat
hiv gay chat san diego
free gay chat apps for windows
gay incet chat
random gay chat
free live gay webcam chat rooms
chat gay room
gay daddy cam chat
gay masturbate chat
gay tranny webcam chat
gay wire chat looking
gay rulette chat
free gay video chat room
profile tube boys user gay chat boi
frre gay wedcam chat
gay phone sex chat commercial
free gay chat video
gay chat roullette
free adult gay chat
most popular video gay chat
gay incest chat
richie rose gay chat gay
702 gay chat number
gay teen chat
gay french chat camtocam
local singles
best dating site usa
american dating
date chatting sites
dating awareness women’s network
freedating
fb dating
plenty fish
japanese dating site
local single women near me
local free dating sites
woman dating sites
online dating 50
ourtime dating site
skip the game dating site free search
essay writers service
best essay writing services
can someone write my essay for me
buying essays
top rated essay writing service
help writing essays for scholarships
fast custom essay
services essay
act essay help
essay about military service
cheapest essay writing service
writing essays services
national honor society essay help
custom essays for sale
the best essay writing services
essay helper online
cheap essay services
professional essay writer
best essay writers online
buy cheap essays
best college essay editing service
custom law essays
hire someone to write my essay
best writing paper
top essay writing websites
essay writers for hire
best article writing service
essay writing services review
best mba essay writing service
high school essay help
best essay writing service reviews
professional essay help
need help with essay
best paper writing site
write my essay 4 me
higher english critical essay help
the help essay questions
professional essay writers review
what is the best custom essay site
auto essay writer
best mba essay writing service
buy cheap essays
essay writing service legal
good customer service essay
essay revision help online
essay help pros
admission college essay help
help me write a narrative essay
custom my essay
custom essays cheap
buy cheap essays
help me write a narrative essay
need help writing a essay
cheap essay help online
common app essay help
essay writing service best
essay writing help for high school students
best essay writer service
college essays writing services
order custom essays online
college application essay help online
custom application essay
custom essay writing service
custom my essay
fast essay writing service
help writing an argumentative essay
custom essay services
cheap essay writing service
help writing a comparison and contrast essay
descriptive essay help
college essays writing services
help on essay writing
what can i write my essay on
online essay writing service review
how to be a better essay writer
do essay writing services work
custom essays writing
fake essay writer
essay help sites
do my essay for me cheap
essay writing service law
essays to buy
KeyWord
need help writing essay
who can help me write an essay
best admission essay editing service
cheap essay papers
top essay writing websites
please write my essay for me
best custom essay writers
help me write essay
help with writing college application essay
write my essays
essay writers review
order custom essay online
sat essay help
essay community service
best essays
custom writing essays services
best essay writing website
essay checking service
essay writers online cheap
creative writing english coursework
online coursework
coursework sample
critical essay help will someone write my essay for me write my essay review
which of the following is the most effective thesis statement? literary analysis thesis statement examples thesis writing help
how long should a thesis be thesis statement checker thesis proposal presentation
claim vs thesis thesis definition essay how to make a thesis statement example
the yellow wallpaper thesis thesis statement on gun control how to write a thesis paragraph
tadalafil better than sildenafil sildenafil with tadalafil can i take tadalafil with sildenafil
sildenafil instead of viagra can sildenafil cause a false positive drug test sildenafil and tadalafil
how to buy sildenafil online https://foxviagrixed.com/ where to buy cheap viagra in uk
buy viagra without presc https://ethvigrix.com/ sildenafil 20 mg discount coupon
cialis 10mg tablets https://wwcillisa.com/ (tadalafil)