Find the right loan — without the stress

GTBank Salary Advance Personal Loan

Personal

GTBank

APR

35.4%

/yr

Amount

₦5k–₦5M

Term

1–12mo

Requirements

• Salary account holder with 6 months salary history, ₦20,000 monthly lodgement, ₦30,000 net salary minimum, clean credit bureau report

Branch Personal Loan

Personal

Branch

APR

36.0–99.0%

/yr

Amount

₦6k–₦1M

Term

4–52mo

Requirements

• Phone number or Facebook account, ID number, and mobile money or bank account

FairMoney Personal Loan

Personal

FairMoney

APR

24–456%

/yr

Amount

₦1.5k–₦5M

Term

1–36mo

Requirements

• Monthly income of ₦1,000+; no collateral; no physical paperwork

Kuda Bank Overdraft

Personal

Kuda

APR

30.0–108.0%

/yr

Amount

₦5k–₦250k

Term

1–12mo

Requirements

• Kuda app account required; monthly installment repayment; no paperwork

Renmoney Personal Loan

Personal

Renmoney

APR

25.44–31.8%

/yr

Amount

₦50k

Term

3–24mo

Requirements

• Digital application through the Renmoney app; identity and income checks may apply

Carbon Personal Loan

Personal

Carbon

APR

54–195%

/yr

Amount

₦2.5k–₦1M

Term

2–12mo

Requirements

• No collateral; no guarantor; no paperwork

Stanbic IBTC Personal Loan

Personal

Stanbic IBTC

APR

48.0%

/yr

Amount

₦100k

Term

6–24mo

Requirements

• Salary paid into a Stanbic IBTC account; minimum net monthly income of ₦50,000; credit and affordability checks

QuickCheck Personal Loan

Personal

QuickCheck

APR

60.0%

/yr

Amount

₦1.5k–₦1M

Term

1–12mo

Requirements

• No collateral; smartphone app application

First Bank of Nigeria Personal Loan

Personal

First Bank of Nigeria

APR

20.0–28.0%

/yr

Amount

₦200k

Term

6–60mo

Requirements

• Salary account with FirstBank; employer salary domiciliation letter; minimum documentation; credit insurance premium required

UBA Personal Loan

Personal

UBA

APR

28.5–32.0%

/yr

Amount

₦200k

Term

6–60mo

Requirements

• Functional salary account and last 6 months pay slip plus bank statement indicating salary inflows