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.
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.
Below are some of the providers of such personal loans in no particular other.
- Requirements: Valid bank details and BVN
- Platform: Android
- Interest rate: 15% to 40%, depending on credit rating