Financial product reviews

A total of 42 independent reviews.

Guaranty Trust Bank offers personal loans to salary earners and self-employed individuals in Nigeria. GTBank is one of the country leading commercial banks regulated by the Central Bank of Nigeria, pr…

  • Backed by a CBN-licensed commercial bank with an established branch network
  • Structured, fixed monthly repayment plan agreed before disbursement
4.2
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Access Bank is one of Nigeria largest commercial banks and offers a range of personal loan products to salaried employees and self-employed borrowers. Their personal loan facility provides funds for c…

  • Backed by a CBN-licensed commercial bank with an established branch network
  • Structured, fixed monthly repayment plan agreed before disbursement
4.1
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Zenith Bank is one of the largest commercial banks in Nigeria and provides personal loan facilities to both salary earners and business owners. The bank offers competitive rates and transparent terms …

  • Backed by a CBN-licensed commercial bank with an established branch network
  • Structured, fixed monthly repayment plan agreed before disbursement
4.0
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First Bank of Nigeria is one of the oldest and most established commercial banks in the country. Their personal loan products cater to salary earners and professionals with accounts at the bank, provi…

  • Backed by a CBN-licensed commercial bank with an established branch network
  • Structured, fixed monthly repayment plan agreed before disbursement
3.9
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United Bank for Africa offers personal loan products through its Click Credit and traditional personal loan facilities. UBA operates in 20 African countries and is regulated by the Central Bank of Nig…

  • Backed by a CBN-licensed commercial bank with an established branch network
  • Structured, fixed monthly repayment plan agreed before disbursement
4.0
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Renmoney is a licensed microfinance bank in Nigeria that specialises in consumer lending. It is one of the most recognised non-bank lenders in the country, offering personal and business loans primari…

  • CBN-licensed microfinance bank with formal regulatory oversight
  • More flexible documentation requirements than large commercial banks
4.3
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Page Financials is a licensed financial services company in Nigeria that provides personal loan products primarily to salary earners and professionals. The company focuses on consumer credit and is re…

  • CBN-licensed microfinance bank with formal regulatory oversight
  • More flexible documentation requirements than large commercial banks
4.0
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Stanbic IBTC Bank is a subsidiary of Standard Bank Group and is fully regulated by the Central Bank of Nigeria. The bank offers personal loan products to salary earners, retirees and professionals wit…

  • Backed by a CBN-licensed commercial bank with an established branch network
  • Structured, fixed monthly repayment plan agreed before disbursement
4.1
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Carbon (formerly Paylater) is one of Nigeria most established digital lending platforms, offering instant personal loans through its mobile app. Carbon is licensed by the Central Bank of Nigeria and h…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.5
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FairMoney is one of Nigeria fastest-growing digital lending platforms and microfinance banks. Founded in 2017, FairMoney is licensed by the Central Bank of Nigeria and has served over 5 million custom…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.4
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Branch International is a global digital lending company operating in Nigeria, Kenya, Tanzania and India. In Nigeria, Branch is regulated by the Central Bank of Nigeria and offers personal loans throu…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.3
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Palmcredit is a digital lending product operated by Newedge Finance Limited, a CBN-licensed microfinance company in Nigeria. The platform offers instant unsecured personal loans via a mobile app, targ…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.2
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Kuda is a CBN-licensed microfinance bank and digital-only bank in Nigeria, commonly referred to as "the bank of the free". Kuda offers an overdraft facility and personal loans to its active account ho…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.4
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QuickCheck is a Nigerian digital lending company that uses machine learning and alternative data to make instant credit decisions. The platform is available on Android and offers personal loans to emp…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.1
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Migo (formerly Mines.io) is a digital lending platform that works through partnerships with Nigerian banks and mobile operators including MTN and Airtel. Borrowers access Migo loans via USSD code or b…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.0
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Aella Credit is a CBN-licensed Nigerian fintech company offering personal loans and salary advances. The company focuses on employer-based lending partnerships, providing employees at partner companie…

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
4.2
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Lydia Credit is a Nigerian digital lending platform offering short-term personal loans to salaried employees and self-employed individuals. The platform uses alternative data and digital verification …

  • Fully digital application with disbursement often within minutes of approval
  • No collateral, guarantor or physical paperwork required
3.9
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Specta is a digital lending platform created by Sterling Bank, one of Nigeria mid-tier commercial banks. Specta offers instant business and salary loans through a fully digital process without requiri…

  • Designed specifically for working capital and business growth needs
  • Some lenders use transaction-data scoring rather than collateral alone
4.2
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LAPO Microfinance Bank is one of the largest microfinance banks in Nigeria, serving low and middle-income individuals and small businesses since 1987. LAPO is regulated by the Central Bank of Nigeria …

  • CBN-licensed microfinance bank with formal regulatory oversight
  • More flexible documentation requirements than large commercial banks
4.0
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Baobab Microfinance Bank is a pan-African microfinance institution operating in Nigeria, Senegal, Mali, Madagascar, Ivory Coast and other African markets. Regulated by the Central Bank of Nigeria, Bao…

  • CBN-licensed microfinance bank with formal regulatory oversight
  • More flexible documentation requirements than large commercial banks
4.1
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