Sites To Get Fast Loans For Nigerians Without Collateral

Augusta

VIP Contributor
There are legit sites online you can get fast loan without the demands of collateral. So if you have a good business idea you can try out the following sites to start your small business. All you need do is to submit your online application, when once your application is approved within 1-3 business days’ then getting the money is in a breeze. You can access up to #500,000 at a time. The repayment time is always between 3-6 months depending on the amount requested.

  • SMEDAN
  • LYDIA.CO
  • AELLA-CREDIT
  • ZEDVANCE
  • PAYLATER
  • KIAKIA.CO
  • ONE-FI
Have you ever try the following sites? What was your experience like?
 

Donkiz

Active member
It's usually not advisable to collect loan from banks or financial institutions to start a new business, because you don't know if the business will come out good or not, and if anything goes wrong you will be faced with the problem of trying to settle the loan with the accrued interest. It's more preferable to use your personal savings, or source for funds from family and friends.

Also these loan platforms are sharks so patronizing them is not advisable, lots of people goes to them for loan because of the swiftness of their process, but the interest rate is usually high, almost all the loan sites have two-digits interest rates and a short repayment plans. If you must go for business loan, go to your local bank and apply, even though the requirements might be much but they are better with lower interest rates and longer repayment plan compared to those online loan sharks.
 

Augusta

VIP Contributor
It's usually not advisable to collect loan from banks or financial institutions to start a new business, because you don't know if the business will come out good or not, and if anything goes wrong you will be faced with the problem of trying to settle the loan with the accrued interest. It's more preferable to use your personal savings, or source for funds from family and friends.

Also these loan platforms are sharks so patronizing them is not advisable, lots of people goes to them for loan because of the swiftness of their process, but the interest rate is usually high, almost all the loan sites have two-digits interest rates and a short repayment plans. If you must go for business loan, go to your local bank and apply, even though the requirements might be much but they are better with lower interest rates and longer repayment plan compared to those online loan sharks.
You are right about the interest rate being on the high side but you know everything has got two sides. The good thing about these platforms is their swiftness. When once you get your apprioval then you get access to the requested loan in no time. so if anyone that needs loan doesn't mind the high rate of nterest and is sure of repaying during the stipulated period, then it no big deal any longer getting the loan and paying back when due
 

Seyesystem

Active member
These are the sites I will recommend which are as follows carbon, fairmoney, branch,kashkash and Aella they are the best for me. They give you loan period of upto one month it's only kashkash that gives its loan period to be two weeks. Your loan is without collateral and it's very fast just within 20 minutes you will get your money in your app wallet or bank.
 

Jnr

New member
There are legit sites online you can get fast loan without the demands of collateral. So if you have a good business idea you can try out the following sites to start your small business. All you need do is to submit your online application, when once your application is approved within 1-3 business days’ then getting the money is in a breeze. You can access up to #500,000 at a time. The repayment time is always between 3-6 months depending on the amount requested.

  • SMEDAN
  • LYDIA.CO
  • AELLA-CREDIT
  • ZEDVANCE
  • PAYLATER
  • KIAKIA.CO
  • ONE-FI
Have you ever try the following sites? What was your experience like?
There are legit sites online you can get fast loan without the demands of collateral. So if you have a good business idea you can try out the following sites to start your small business. All you need do is to submit your online application, when once your application is approved within 1-3 business days’ then getting the money is in a breeze. You can access up to #500,000 at a time. The repayment time is always between 3-6 months depending on the amount requested.

  • SMEDAN
  • LYDIA.CO
  • AELLA-CREDIT
  • ZEDVANCE
  • PAYLATER
  • KIAKIA.CO
  • ONE-FI
Have you ever try the following sites? What was your experience like?
Wow, i would love to take a loan from one of this.. Business is filled with risk takers
 
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