It is a truth that 20,000+ users downloaded Top Quick and Instant Loans ng latest version on 9Apps for free every week! And now, this app adds more functions. This hot app was released on 2019-10-30. It get a lot of recognition after release.
Top Quick & Instant Loans helps you find the best fast loans in Nigeria with good interest rates. The percentage interest and the APR percentage are quite fair.
The maximum and minimum method of repayment of the loans on this application, their annual interest rates, and their annual percentage rates are presented below;
Sokoloan
They offer loans from ₦5000 to ₦100,000 and the repayment period is from 2months to 6months. Interest rate is between 4.5% to 34% and the maximum annual APR is from 29%
Fairmoney
They offer loans from ₦5000 to ₦150,000 and the repayment period is from 2months to 24months. Interest rate is between 2% to 28% and the maximum annual APR is from 31%
Branch international
They offer loans from ₦5000 to ₦200,000 and the repayment period is from 1months to 12months. Interest rate is between 3% to 21% and the maximum annual APR is from 33%
OneFi
They offer loans from ₦5000 to ₦500,000 and the repayment period is from 3months to 14months. Interest rate is between 10% to 28% and the maximum annual APR is from 29%
Kwik money
They offer loans from ₦5000 to ₦150,000 and the repayment period is from 2months to 12months. Interest rate is between 6% to 28% and the maximum annual APR is from 33%
Aella credit
They offer loans from ₦5000 to ₦700,000 and the repayment period is from 3months to 6months. Interest rate is between 4% to 29% and the maximum annual APR is from 29%
Quick check
They offer loans from ₦5000 to ₦150,000 and the repayment period is from 3months to 12months. Interest rate is between 10% to 29% and the maximum annual APR is from31%
Micromoney
They offer loans from ₦5000 to ₦200,000 and the repayment period is from 2months to 18months. Interest rate is between 2% to 28% and the maximum annual APR is from 29%
Representative Example
If you choose a 6months loan and borrow N1000 from the aforementioned. With an interest rate of 5% monthly, you get charged (N1000x0.05) which is equal N50 interest. The total amount repayment in a month is N1,050 while the amount of repayment in 6 months is [1000+ (50x6)], the total repayment in 6 months is N1300.
Disclaimer
This app is not affiliated with any of the loan organization on this application. It is a fan app that helps users get access to loan with good rates. For complaints & inquiries, please email;alero2flex@gmail.com
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