Hey there! Are you wondering whether you can get a loan in Nigeria without a salary account? No need to worry. In this article, we will be showing steps and guidelines on how to get a loan in Nigeria without a salary account.
Meanwhile, in Nigeria, there is a considerable amount of people who work in the informal sector and they do this without an average salary account.
Also, getting access to traditional loans can be very difficult for non-salary earners. If you are a non-salary earner but you wish to apply for a loan in Nigeria you can now get access to quick and fast loans.
Currently, there are some companies in Nigeria that offer loans to borrowers and do not require a salary account.
In this article, you will learn about some of these platforms. In other words, if you have no source of income or a salary account, do not fret because there is a solution available for you.
Factors To Consider Before Applying for a Loan Without a Salary Account
Before you proceed to apply for a get a loan in Nigeria without a salary account, here are the necessary things that you need to put into consideration:
- Credit History.
- Interest Rate.
- The Loan Terms and Conditions.
- Repayment Plan.
So, if you are looking to get a loan in Nigeria without a salary account, be sure to look into these things before applying.
How to Get a Loan in Nigeria Without a Salary Account
Since you are finally informed about the factors and certain things that you need to put into consideration before applying for a loan with a salary account in Nigeria, here are some of the best platforms that can provide you with this loan. They include:
- FairMoney.
- Carbon.
- Aella Credit.
- Palmcredit.
- QuickCheck.
- KiaKia.
- Branch.
FairMoney
FairMoney is one of the most popular money-lending platforms in Nigeria. Furthermore, there are a lot of users around the country as well. What’s more, FairMoney provides borrowers with secure and fast access to loans without salary accounts in Nigeria.
Also, you can apply for loan amounts from N1,500-N500,000 and you do not need to provide any collateral. But be sure to find out its loan repayment period as it is one of the things to consider when applying for a loan without a salary account.
Carbon
Secondly, we have another trusted platform, Carbon. What’s more, this platform was formerly known as Paylater and they are one of the leading online loan lending platform in Nigeria.
Furthermore, Carbon grants its users access to short-term loans and you do not need to provide collateral or a salary account as well.
Aella Credit
Need a loan in Nigeria without a salary account? Check out Aella Credit today. This is one of the most reliable platforms where you can access a loan without the need for a salary account.
Furthermore, Aella Credit has a good reputation in Nigeria. What’s more, the purpose of this platform is to provide financial accessibility across Africa.
Palmcredit
Palmcredit is also very popular in Nigeria. Furthermore, this platform gives you access to personal loans without having you provide a salary account or collateral.
What’s more, their loan option ranges from N2,000 to N100,000. Though its interest rate is quite vying and aggressive, it still offers flexible repayment options.
QuickCheck
Another way to secure a loan in Nigeria without a salary account is by using QuickCheck. Moreover, it is really fast and secure as well. And trust me, if you need an urgent loan, QuickCheck is worth the time.
In addition, you can collect loans of up to N200,000 without the need to have a salary account or even collateral.
KiaKia
KiaKia is another good and reliable platform that you can try out. This also means “Fast Fast” in the pidgin language in Nigeria.
Furthermore, it is a digital lending platform that provides small businesses and individuals access to quick loans and you do not need a salary account to secure a loan with KiaKia.
Branch
Lastly, we have Branch, which is an international lending platform that holds a strong reputation in Nigeria. Furthermore, they provide people with loan solutions for both non-salaried and salaried people.
The branch also has a loan range from N1,000 to N500,000 and also provides borrowers with flexible repayment options as well.
In conclusion, you can visit any of the above-listed loan websites or platforms to get a quick and fast loan in Nigeria.
