Fastest way to get a emergency online loan in 5 minutes Nigeria

How to get an emergency online loan in 5 minutes Nigeria

To get an emergency online loan in Nigeria within 5 minutes is not a myth. As individuals, financial expenses can come out of nowhere like a vehicle breaking down, an unexpected bill needing to be paid, emergency medical costs arise and I understand that these things do happen.

Our life is unpredictable and it can change suddenly due to an incident that comes without warning. As a result, we may need extra cash to meet sudden demands. These unexpected events cause a lot of stress and pressure.

Quite often, we can solve our financial problems normally with the money saved in our current or savings bank accounts. But in some cases, it is impossible to find the money on time or the money won’t be enough to solve the current situation. Then, the need for a quick emergency online loan in 5 minutes arises.

…. And it happened that in my case I needed to pay up medical bills but I was short of cash at hand and had low bank credit. Money ain’t coming still 21st. I had to look for a resolution as soon a possible. Seriously, I don’t like the idea of getting a loan especially from financial institutions that are not regulated by the Central Bank of Nigeria.

Of course, I know going to the bank to obtain an emergency loan would take so much time and resources and so I locked up my ego and went online to search for an emergency loan I could get in 5 minutes. Yes!!! A loan in 5 minutes. That’s the time left to pay up my medical bill before the doctor sees me as a nuisance.

Going online, I was overwhelmed with many options. So many lenders at hand. Quickly bowed to the popular quick loan lender I have heard about. But after much form filling, I wasn’t satisfied with the method of payment. Some you would have to pay back the loan on a weekly basis, 14 days, 60 days etc. But I needed a loan in 5 minutes and to repay back after 30 days.

Listen, this is just my humble review. I’m not affiliated with any lenders. I’m writing a review about them because they save me from being a nuisance. So I feel it would be nice to write something about the platform. You can read about other websites you can get a loan here. Or Nigeria banks that will offer you loans without a collateral

Palmcredit – Instant Loans

Palmcredit hands-down!! Been using them since I got to know about online loans in Nigeria. They are an online lender that offers instant online loans in 5 minutes in Nigeria and without collateral. Palmcredit offers loans of up to ₦100,000 within minutes on your mobile phone. With this, you can get up to ₦100,000 emergency loan in 5 minutes and it is available to everyone. Whether you’re in Lagos or Abuja, location does not matter. You can get a loan in 5 minutes in Nigeria through their app.

• Loans Limit Range From NGN 2,000 to NGN 100,000
• Loans Duration Ranging Between 91days to 180days
• Loans Interest Rate: 14% to 24%, Equivalent Monthly interest 4.6%, the Annual Percentage Rate (APR) on a Palmcredit loan is 56.78%
• Borrow NGN100,000 for 180 days

Interest Rate: 24%
180 days Repayments of NGN 24,000
Total amount payable: NGN124,000
Representative: 56.78% APR
• Only three steps to Your loan:
– Register
– Get Approval
– Disbursement to your bank account

Requirements to get a loan in 5 minutes:

• Mobile number (code will  be sent to you)
• Working email
• BVN (must match your name)
• Credit card (validity: at least 3 months)
• Bank Statement (last 3 months) submitting it will increase your loan limit

When you have these requirements, you will get loan approval in 5 minutes. You will never regret using Palmcredit. Get your loan now Register here Or Check if you can get a N100,000 loan by checking your Limit Here.

Carbon paylater

This is an online lender that offers instant online emergency loans in 5 minutes in Nigeria and without collateral. Carbon paylater has been a helpmate in times of need. Get instant loans of up to ₦1million within minutes. No documents or collateral are required and my friends make use of their service because it is fast and effective.

It will only take a starter 10 minutes to get a loan. But for someone who had been a regular user, it takes just seconds depending on how fast you are with an android phone keyboard.

The more you pay back, Carbon paylater increases the amount of loan you can borrow. Repayment can range from 2 to 3 months. You use your money however you want to, no matter who you are. Whether you’re a student, salary earner or self-employed, Carbon loans can help you achieve your goals. They do not automatically deduct repayment money from your account… They will only alert you to do the needful.

Things you will need during registration. 

• Carbon app download the latest version here
• Your details and phone number that is connected to your bank account.
• Your bank account and BVN.
• Photograph (no need for a passport) you will snap during registration. You can use any background.
• ATM card which you will use to pay back.

Pettycash+

Pettycash is an online lender that offers instant online emergency loans in 5 minutes in Nigeria and without collateral. With Pettycash, NYSC corp members can access urgent loans from ₦1,000 to ₦5,000. They offer Federal government staff in Nigeria loans from ₦,5000 to ₦50,000. They also offer fast cash money called Pettycash+. With this, you can get up to ₦10,000 emergency loans in 5 minutes and it is available to everyone.

Whether you’re in Lagos or Abuja, location does not matter. You can borrow money online instantly in Nigeria through this website. If you are salary earners in Nigeria, with Pettycash, you can get 20% of your salary till payday and Market Women are not exempted if they are within their market range.

Requirements to get a loan in 5 minutes:

• Mobile number (code will  be sent to you)
• Working email
• BVN (must match your name)
• Credit card (validity: at least 3 months) you will be charged 50 for verification
• Bank Statement (last 3 month)

When you have these requirements, you will get loan approval in 5 minutes

Register

Okcash:
Recently I was using my phone to surf the net and I saw Okcash advert. As usual, I was curious. I downloaded the app and within 2 minutes of installation and detail submission, I was presented with a withdrawal button. That is fast!!!. Okash is a Micro-lending product of Opay a Fintech subsidiary of Opera group the maker of the popular Opera mini browser.

You can download OKash from Google Play and set up your account in seconds, select their preferred bank account, link your active bank card for repayment, fill out a set of questions, and get a decision on your loan application in minutes.

Fairmoney:

I recently started using Fairmoney. My first loan offer was N80,000. My second offer was 300k. Fairmoney is a new type of digital bank that gives you an instant loan with no collateral. They offer emergent loan business or for personal reasons. You cannot access this type of emergency loan in 5 minutes from traditional banks. Fairmoney can give you loans up to ₦1 million, a bank account with free transfers, a debit card for spending, and more.

Register with Fairmoney here