<\/a><\/p>\n Accessing personal loans has taken a different dimension with a couple of service providers giving out collateral-free loans without the need a proof of employment or even a visit to a banking hall for some paperwork.<\/p>\n The repayment period for these ranges from 14 days to 6 months, depending on the providers. The maximum amount one can access initially is dependent on the provided information, and requested funds are transferred almost immediately.<\/p>\n Below are some of the providers of such personal loans in no particular other.<\/p>\n To access personal loans from Paylater, all you need is an Android device, data connection and valid bank details. Paylater claims that users that repay on-time have access to a higher credit limits. There is a validation charge of \u20a6100 on the initial loan. The entire process of borrowing starts and ends with *561#<\/strong>, from a 9mobile line. You can access up to \u20a6100, 000 and you get the loan within 3 minutes. In case you are wondering what happens when you port to another network, you can choose to pay using any of the available payment channels. There is \u00a0a network fee of \u20a620 per loan.<\/p>\n Aella Credit has two options: in-network \u2014 for users whose company is registered on the platform \u2014 and out-of-network, that caters for people whose company is not registered. The in-network option promises higher loan amounts at lower interest rates.<\/p>\n Part of the information requested on registration include details of your next of kin, and there\u2019s a processing fee of \u20a630.<\/p>\n SnapCredit serves as a medium for employers who do not want to give direct loans to their employees, by providing employees with instant access to money with no paperwork.<\/p>\n One outstanding feature of SnapCredit is that it allows you take another loan even with a running loan. However, you can\u2019t borrow beyond your credit limit.<\/p>\n KiaKia makes use of a chatbot that takes you through the process of registration and other activities towards getting your personal loans. You must have a work identity card before you can access a loan on Kiakia. You can also choose to register as a lender.<\/p>\n FINT is more of a marketplace that matches lenders with creditworthy borrowers. The minimum amount of personal loans given out is \u20a660,000 and the interest rate is based on borrower\u2019s risk score.<\/p>\n A Tax Identification Number (TIN) is requested for on registration, which implies that you cannot access the service if you are not a taxpayer. You will also need to pay \u20a63,000<\/strong> as risk assessment token.<\/p>\n C24 offers collateral-free personal loans but application requires you submitting some documents at their office or having them pick it up from yours. Documents required include means of national identity, proof of employment, direct debit mandate, post-dated cheques, bank statement and a passport photograph.<\/p>\n Part of the process of applying for a loan online on Zedvance includes uploading some supporting documents. Loan tenure can be up to 12 months with interest rate which can be as low as 7.5%.<\/p>\n Branch makes use of some information on your phone to make lending decisions. This includes handset details, SMS logs, call logs and contact list.\u00a0Loans on Branch are repaid in four weekly installments.<\/p>\n Sharp Sharp provides personal loans to both salary earners and entrepreneurs. Loan tenure can be up to 12 months. Aside the documents requested by C24 above, you will need a guarantor to get a Sharp Sharp loan.<\/p>\n Applying for a loan on QuickCheck require that you have a source of income, even selecting employment status options like student, unemployed or retired as your employment status. And aside accessing loan, phone airtime can also be purchased using the app.<\/p>\n To access loan from PayConnect, you have to be a employee of a vetted organisation with which you must have been working with for not less than 6 months. You need to present 3 months statement of account and you will also need the approval of your employer to access the loan.<\/p>\n To access loan facility on FairMoney, you have to upload a selfie showing you holding an ID card. Other requirements include letter of employment or company details for self-employed. There\u2019s a N50 charge to verify the debit card associated with linked account. You also give details of your next of kin.<\/p>\nWhere To Get Collateral-Free Personal Loans Online In Nigeria<\/h2>\n
Paylater<\/h3>\n
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\n<\/code><\/p>\nKwikCash by 9mobile<\/h3>\n
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Aella Credit<\/h3>\n
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SnapCredit<\/h3>\n
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KiaKia<\/h3>\n
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FINT<\/h3>\n
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C24<\/h3>\n
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Zedvance<\/h3>\n
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Branch<\/h3>\n
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Sharp Sharp by Credit Direct<\/h3>\n
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QuickCheck<\/h3>\n
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PayConnect<\/h3>\n
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FairMoney<\/h3>\n
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