Urgent Loan 10,000 Naira: Are you in need of an urgent 10K loan in Nigeria? Hurray, we’ve got some offers available for you with low interest rates.
One of the easiest ways for individuals and businesses to access loans without the need for collateral or a good credit score is through loan apps.
However, due to a lack of trust, many Nigerian loan apps only offer small loans, usually less than ₦5,000, especially for first-time borrowers.
Thankfully, a few loan apps offer loans of ₦10K and even more to borrowers that meet their requirements, even if they are new. In this post, we will be taking a look at nine available urgent 10,000 loan offers in Nigeria.
So, if you’re among those seeking, “Urgent loan 10,000 Naira in Nigeria”, join me and let’s explore some available offers!
Top 9 Loan Apps That Give 10,000 Naira in Nigeria 2023
1. Fairmoney
FairMoney is one of the most popular loan apps that give urgent loan of 10,000 in Nigeria. As a matter of fact, Fairmoney offers loans of up to ₦500,000 with a repayment period of up to 6 months, without requesting collateral.
The Fairmoney loan app has over 1 million downloads on the Google Play Store and offers loans at fair interest rates, making it very trustworthy. It also allows borrowers to extend loans till they can repay.
Loan eligibility and application are easy on this app, as all you need is a valid bank account linked with a BVN and some personal information. To apply for a loan, simply download the FairMoney app, register, and fill in your personal and financial details.
2. Branch Loan App
The second loan app on our list of apps that give urgent 10,000 Naira loan is Branch. Branch offers loans of up to ₦500,000 with a flexible repayment period of up to 15 months.
Just like Fairmoney, no collateral is needed. However, there is no loan extension feature on Branch, though.
The app has over 10 million downloads on the Google Play Store and offers loans at competitive interest rates. To be eligible for a loan on Branch, you must be a Nigerian resident with a valid bank account, a BVN, and a source of income.
To apply for a loan, simply download the Branch app from Play Store or App Store, register, and fill in your personal and financial details.
3. Carbon Loan App
If you own a business and seeking an urgent loan 10,000 Naira without collateral in Nigeria, Carbon doesn’t only give loans worth 10K, but you can access up to a million Naira loan on the app without collateral.
Carbon loan interest rate is fair compared to other lenders on the list, and it offers flexible repayment terms ranging up to 6 months. Just like other reliable loan apps, Carbon has over 1 million downloads on the Google Play Store with good ratings, which means it is reliable.
With just a valid bank account, some personal details, and a BVN, you can be eligible for a Carbon loan. Also, no collateral or a guarantor is needed to get your loan application approved on the Carbon loan app.
The app also offers other financial services, including savings, airtime purchases, bill payments, and more.
4. Renmoney
Another loan offer for those seeking an urgent 10k loan in Nigeria RenMoney. This is one of the most popular and reliable lenders in Nigeria.
With a repayment period of up to 24 months, borrowers get loan offers worth not just thousands, but millions of Naira on Renmoney.
Loans on Renmoney are available to both individuals and businesses, and the amount ranges from ₦5,000 to 6 million Naira. That is Renmoney offers both personal and SME loans.
Loan eligibility is flexible on Renmoney, so the application process is super easy. To be eligible for a loan on RenMoney, you must be a Nigerian resident between the ages of 22 to 59 years old. Also, you must have a verifiable source of income, a valid bank account and BVN.
To apply for a loan, simply visit the RenMoney website or download the RenMoney app, fill in your personal and financial details, and wait for loan approval.
See Also: Renmoney Loan App Review: Interest Rate & Requirments
5. Irorun Loan App
If you’re in quick need of urgent loan 10,000 Naira, Irorun loan app is worth checking out. This app is solely based on small personal loans, and the loan tenure ranges up to 30 days.
Irorun loan app has responsive customer support, and their app is available on Playstore and App Store. That simply means both Andriod and iPhone users can borrow money from the app.
One drawback to this loan app is that its loans come with a processing fee. However, the interest rate is not too high, and the approval and disbursal processes are fast.
Read Also: Get Loans in Minutes in Nigeria
6. PalmCredit
The sixth on our list of loan apps that give 10K Naira in Nigeria is PalmCredit. PalmCredit offers loans of up to ₦100K with a repayment period of up to 180 days.
With over a million downloads on the Google Play Store, the app has been in existence for a long time making it one of the most reliable. However, Palmcredit loan interest rate could be too high for some borrowers, although the application process is easy.
To be eligible for a loan on PalmCredit, you must be a Nigerian resident between the ages of 18 to 55 years old, have a valid bank account, and have a Bank Verification Number (BVN).
To apply for a loan, simply download the PalmCredit app, register, fill in your personal and financial details, and wait for loan approval.
Related: Get Loans without BVN in Nigeria
7. Okash
Another loan app that gives an answer to the term “I need a loan of 10,000 Naira” is Okash. This app offers personal loans ranging from ₦1,500 to 1 million Naira without collateral.
Okash loan app has a fast loan approval and disbursal process, and the application process is pretty straightforward.
Okash loans also come with low interest rates, and very flexible repayment terms, making them ideal for those in need of quick loans.
8. KiaKia
Kiakia is another platform to get a loan of 10,000 Naira in Nigeria. This is a P2P lending platform that offers loans to individuals and businesses.
Unlike others on the list, borrowers can only access loans on this platform only through their website. The loan application process is easy, and no collateral is required.
See Also: Top 10 Loan Apps for Students in Nigeria
9. Quick Checks
The last on our list of loan apps that give 10,000 Naira in Nigeria is QuickChecks. Although not too popular, you can access instant personal loans on this app within minutes.
No collateral is needed, and also you don’t need a guarantor to access loans on this app. All you need to do is download the app, sign up, apply for a loan, and get it disbursed into your bank account in less than 5 minutes.
So, if you’re seeking loan apps that can borrow you 10K, those (above) are the popular loan apps that give 10,000 Naira in Nigeria. However, it is important you compare the apps before settling for one. Let’s discuss more on that.
Comparison of Loan Apps
In comparing the loan apps listed above, it is important to consider the following factors:
- Loan amount: The maximum loan amount offered by each app.
- Interest rate: The interest rate charged on loans by each app.
- Loan tenure: The repayment period for each loan.
- Eligibility requirements: The requirements needed to be eligible for a loan.
- Application process: The ease and speed of the application process.
Note: Before applying for a loan on any of these apps, it is important to read and understand the terms and conditions, interest rates, and repayment schedule. It is also important to note that failure to repay loans on time can lead to additional fees, penalties, and a negative impact on your credit score.
Check Out: XCross Cash Loan App Review
Conclusion
Loan apps are a great option for individuals in Nigeria looking to access 10K loans quickly and conveniently. However, many Nigerian loan apps offer low amounts.
With this post containing the ones that give 10K Naira and above, I believe we’ve given the perfect answer to the question “urgent 10,000 loan Naira in Nigeria”.
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