While most Nigerians think that loan apps are only available for Android users, iPhone users can also get instant loans online from their mobile device, although not much known.
That is because, unlike Android, an open-source operating system, any developer or company can acquire the license and modify apps if they want. However, with iPhone, users’ privacy is well respected. This helps reduce the high rate of scams by fake loan apps in Nigeria.
That simply means, while there are just a few loan apps for iPhone in Nigeria, they are legit and can be trusted. Nairarush has come up with a list of the best loan apps for iPhone in Nigeria.
The cool thing is that for every loan app for iPhone in Nigeria on this list, you’ll get to know their interest rate, how much you can get, their loan requirements, and lots more.
So, without further ado, let’s get started!
Best Loan Apps for iPhone in Nigeria 2023
The best loan apps for iPhone (IOS) in Nigeria for 2023 include:
1. Renmoney
Renmoney App is one of the best iPhone loan apps in Nigeria. It is a finance app that let people save and transfer money, pay bills, purchase airtime, and of course, take instant loans from their phones.
Renmoney is reliable as it is one of the most popular lending platforms in Nigeria. It works for android and iPhones, and it has good loan terms and conditions.
As an iPhone user, you can get the Renmoney MFB loan app on the apple store and through their website.
Features
- Loan Amount: ₦6,000 to ₦6,000,000
- Interest Rate: 2.4% – 9.33%
- Loan Tenure: 3 – 24 months
- Requirements: Personal details, BVN, Email & Phone number
- Repayment Methods: Bank transfer, Account balance & Debit Card
2. Carbon
Carbon is one of the most popular loan apps in Nigeria for both Android and iPhone users. This app lets you take a collateral-free loan without any paperwork whatsoever.
With Carbon, you can get your loan disbursed into your account within minutes. Unlike other loan apps, Fairmoney lets you take slightly huge loans even if it’s your first time with them.
You can also use Carbon as a saving app, for bill payments, airtime purchases, and also money transfers.
Features
- Loan Amount: ₦1,500 to ₦1,000,000m
- Interest Rate: 1.75% – 30%
- Loan Tenure: 1 – 6 months
- Requirements: Personal Details, BVN & Bank Statement
- Repayment Methods: Wallet Fund & Bank Transfer
3. Palmpay
Palmpay is another popular loan app for iPhone in Nigeria. The app is well known as an online banking app just like Opay that let users send and receive money, pay bills, buy airtime, invest, and lots more.
iPhone users can also get loans on Palmpay as it offers a lending service called the Palmpay Flexi Cash. This service offers a reasonable loan amount based on your credit score/record.
The better your credit score, the higher the loan amount you’ll be offered. Flexi Cash loans last from 15 to 30 days with an amazing interest rate.
Features
- Loan Amount: ₦1,500 and above
- Interest Rate: 0.70% or more daily
- Loan Tenure: 15 to 30 Days
- Requirements: Palmpay Account
- Repayment Methods: Palmpay Wallet Fund & Debit Card.
4. Aella Credit
Aella is one of the most reliable and transparent loan apps in Nigeria. This app offers Nigerians instant loans within just five minutes, and no collateral is needed.
All you need to get a loan from Aella is just to download the app from App Store, create an account and apply for a loan. This app offers a reasonably huge loan amount with a relatively long tenure.
Aella loan app is one of the best business loan apps for iPhone in Nigeria.
- Loan Amount: ₦100,000 to ₦5,000,000
- Interest Rate: 6% – 20%
- Loan Tenure: 1 – 3 months
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Wallet Fund, Debit Card & Bank Transfer.
5. Kuda
Just like Palmpay, Kuda is a popular online banking app in Nigeria. You can download the Kuda app from App Store, and use it for various banking transactions such as money transfers, bill payments, and lots more.
Kuda can also serve as a loan app for iPhone as it offers a loan service where you can easily get an instant loan without collateral or a guarantor.
- Loan Amount: Up to ₦50,000
- Interest Rate: 0.3% Daily
- Loan Tenure: Up to 90 days
- Requirements: Verified Kuda Bank Account
- Repayment Methods: Kuda Bank Account Fund
6. Borome
If you’re in need of an urgent loan, get can get a collateral-free loan ranging from 2,000 to 100,000 from Borome.
They have very flexible eligibility criteria for loans, and you can get it disbursed into your bank account within a few minutes after approval.
- Loan Amount: Up to ₦100,000
- Interest Rate: 0.9% Daily
- Loan Tenure: Up to 52 weeks
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Bank Transfer & Debit Card
7. P2Vest
P2vest is a P2P ( Peer to Peer) loan app for iPhone in Nigeria. With this app, you can get loans from other users with a low-interest rate.
The P2Vest lending platform (P2VFB) offers its services to both individuals and businesses as you can get loans ranging from 2,000 to 2,000,000 Naira without a guarantor.
All you need to get a loan from this app is to download it from App Store, sign up as a borrower, and then apply for a loan. Once your application is approved, your loan will be sent to your bank account.
- Loan Amount: ₦2,000 to ₦ 2,000,000
- Interest Rate: Depends on the investor’s rate
- Loan Tenure: Up to 12 Months
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Debit Card
8. Irorun Loan App
With an iPhone, just download the Irorun App, sign up in seconds, apply for a loan, add the required details, and get the money disbursed in minutes. That’s simply how the Irorun Loan App works.
The app also offers other financial services including but not limited to investment. Although this app can be trusted, it is only focused on small loans.
- Loan Amount: Up to ₦50,000
- Interest Rate: 4.5% – 35%
- Loan Tenure: 2 – 6 Months
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Debit Card & Wallet Ballance
9. Page Financials
As the name implies, Page Financials is a fintech company that offers a variety of financial services online including savings money transfers, bill payments, and of course, loans. This app is one of the best business loan apps for iPhone in Nigeria.
With just a flexible documentation process, you can easily get both personal and business loans from page financials at a reasonable interest rate.
- Loan Amount: ₦100,000 to ₦5,000,000
- Interest Rate: 3.76%
- Loan Tenure: 2 – 6 Months
- Requirements: Personal Details, BVN, and some other bank details.
- Repayment Methods: Auto Debit From Bank.
10. KiaKia Loan App
KiaKia is another Peer to Peer lending app for iPhone in Nigeria. Just like P2Vest, you can easily get a loan from KiaKia by simply downloading the app from App Store, signing up as a borrower, and getting connected to a lender that accepts your loan application.
Once that is done, and all requirements are met, the loan will be disbursed into your bank account in minutes.
- Loan Amount: ₦10,000 to ₦10,000,000
- Interest Rate: 15% Monthly
- Loan Tenure: 1 – 3 Months
- Requirements: Personal Details & Bank Details
- Repayment Methods: Wallet Funds, Debit Card & Bank Transfer.
11. Credpal
Credpal is one of the most reliable online loan apps for iPhone in Nigeria. While it is one of the best, it works in a slightly different way. Unlike other loan apps listed in this post, Credpal uses funded credit cards as a means of giving out loans.
You can use Credpal Credit Card to make payments both online and offline. To get access to this credit card, you need to download the Credpal app and sign up. Once that is done, you’ll need to wait a while to get your credit limit ready on the card.
As soon as your credit limit is ready, you can request the credit card and get it delivered to your preferred location. Once you have the card, you can start spending, and repay monthly or when you reach your credit limit.
- Loan Amount: ₦5,000 to ₦500,000
- Interest Rate: 3.8% – 8%
- Loan Tenure: 29 Days
- Requirements: Personal Details & Bank Details
- Repayment Methods: Bank Transfer.
12. Hometown Loan App
Hometown is one of the new loan apps for iPhone in Nigeria that offers loan-in-minute service in addition to the numerous financial services it offers. Hometown loan terms and conditions are very flexible as they offer a fair interest rate on loans both for new and existing customers.
- Loan Amount: ₦15,000 to 2,000,000
- Interest Rate: 6% – 22%
- Loan Tenure: 15 Days to 6 Months
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Bank Transfer & Wallet Funds.
13. YesCredit
YesCredit makes it easy for you to access instant loans just when you need them. Just sign up in a few seconds, apply for a loan, and get it approved in minutes.
Once the money reflects in your YesCredit wallet, you can transfer it to your bank accounts immediately. It’s a fast, convenient, and reliable way to fix your spending gap.
- Loan Amount: ₦5,000 to ₦50,000
- Interest Rate: 5%- 29%
- Loan Tenure: 2 – 6 Months
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Debit Card & Bank Transfer.
14. Blocka Cash
Blocka Cash is one of the few loan apps for iPhone in Nigeria that offers small loans to people. This app is available both on Play Store and App Store. Once you’re 21 years of age and above you can easily download the app, apply for a loan and get it disbursed into your account in minutes.
- Loan Amount: ₦5,000 to ₦50,000
- Interest Rate: 3% – 10%
- Loan Tenure: 2- 6 Months
- Requirements: Personal Details & Some Bank Details
- Repayment Methods: Quickteller, Debit Card & Bank Transfer
15. NodCredit
NodCredit is another loan app for iPhone in Nigeria that offers small loans to both employed and self-employed, business persons and corporates. On this app, you can get quick loans starting from N10,000 to N50,000 for first-time borrowers. Returning customers can access up to N300,000.
- Loan Amount: ₦10,000 to ₦ 300,000
- Interest Rate: 1% to 16%
- Loan Tenure: 2 – 6 Months
- Requirements: Personal Details and Bank Details
- Repayment Methods: Bank Transfer
Conclusion
While most loan apps in Nigeria are mainly for android due to the flexibility in the use of users’ privacy, there are still some that work on IOS.
With this post containing 15 of the best loan apps for iPhone in Nigeria 2023, I believe you should now know the right ones to go for and get instant loans right to your bank account with reasonable interest rates and flexible repayment methods.
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