Online Loans With Monthly Payments In Nigeria

Hi, guys if you are searching on google about online loans with monthly payments in Nigeria then you are at the right place. If you’re looking for a loan in Nigeria, you have a few options. You can go to a bank, or you can apply for a loan online.

There are a few things to consider when you’re looking for a loan. First, you need to figure out how much you need to borrow. This will help you determine the interest rate and the length of the loan.

Next, you need to shop around for the best interest rate. You can use a loan calculator to compare rates from different lenders.

Finally, you need to decide on the repayment schedule. You can choose to pay back the loan in monthly installments or in one lump sum. In this article topics away will review websites for online loans with monthly payments in Nigeria. So keep reading this article.

Top 5 Best Online Loans With Monthly Payments In Nigeria:

Here are the top five best online loans with monthly payments in Nigeria.
Baobab Loan


Renmoney is a great way to get extra money when you need it. They offer a variety of services that can help you get the money you need when you need it. They have a variety of options to choose from, so you can find the one that best fits your needs. They also have a variety of repayment options, so you can find the one that best fits your budget. Overall, Renmoney is a great way to get extra money when you need it.
With the help of Renmoney, you can get a loan of up to #2,000,000 with a repayment plan for as long as one year. Renmoney also has a low-interest rate for its users which is why this website is one of the best available. Only your id card and your bank statement is required to get a loan from renmoney.


FairMoney is a digital banking platform that offers financial services to underbanked and underserved populations in developing countries. The company was founded in 2016 by Tunde Kehinde and Olugbenga Agboola, two former Google employees.

FairMoney’s mission is to provide fair and accessible financial services to everyone. The company is headquartered in Paris, France, and has offices in Lagos, Nigeria, and Nairobi, Kenya.

FairMoney offers a mobile app that allows users to open a bank account, send and receive money, and access credit products. The app is available in English and French.

FairMoney has raised $13 million in funding from investors including Google Ventures, Orange Digital Ventures, and Partech Partners.

With the help of FairMoney, anyone can borrow money from anywhere in the country and at any time. They give you looks within just a few minutes once your application for a loan is completed and approved. They also offer a monthly repayment plan to its customers that go as long as 3 to 6 months. The Loan amounts range from ₦1,500 to ₦1,000,000 with repayment periods from 2 months to 1.5 years at monthly interest rates that range from 2.5% to 30%. FairMoney also gives interest discounts of up to 90% to its customers for early repayments.


When it comes to personal finance, there are a lot of options out there. But what if you have bad credit? Well, there are still options available to you. One option is called a Specta Loan.

A Specta Loan is a bad credit loan that is specifically designed for people with bad credit. This type of loan can help you get the money you need when you need it, without having to worry about your credit score.

The biggest benefit of a Specta Loan is that it can help you rebuild your credit. By making on-time payments, you can improve your credit score over time. This can help you get better rates on future loans and lines of credit.

If you’re looking for a bad credit loan, a Specta Loan may be a good option for you.

With the help of this website you can get different types of loans for different purposes. With the help of specta you can get loans as high as  #5000000 with flexiblae and easy repayment plans. To access the loan you not need collateral or a guarntor. All you need to do is just provide your complete details, apply for a loan and boom in just few minutes the loan will be credited in your bank account. The repayment plan goes as long as one year.


      CarrotPay is a new loan app that is making waves in the financial world. CarrotPay is an app that allows users to take out loans and then repay them over time. The app is unique in that it allows users to select the terms of their loan, which can be from one month to one year. CarrotPay also allows users to select the interest rate they will be charged, which can be either fixed or variable. This feature allows users to tailor their loan to their specific needs and budget.

     CarrotPay is a much needed addition to the financial world as it offers a new and innovative way for users to take out loans. The app is user friendly and offers a great way for users to manage their finances. CarrotPay is a great option for those who are looking for a new and convenient way to take out loans.

Baobab Loan:

The Baobab Loan is a microfinance product offered by the Baobab Community Bank in Sierra Leone. It is designed to help small businesses and entrepreneurs access the capital they need to grow and expand their operations. The loan is available in both local and foreign currency and can be used for a variety of purposes, including working capital, inventory, and equipment purchases. repayment terms are flexible, and the interest rate is competitive. In our list of Online Loans With Monthly Payments In Nigeria, the Baobab loan is the last one.

What you will get with Baobab Loan?

Disbursement within 3 days
N20,000 to N50MILLION
Repayable in 1 to 2 years
Minimum administrative procedures

so these are five websites for online loans with monthly payments in Nigeria. I hope you got your answer. If you found this article helpful or you then please share this article with your friends also. Thanks for reading.

Where can I get urgent loan in Nigeria?

You can get an urgent loan in Nigeria from these providers:
1. C24
2. Snapcredit
3. Zedvance
4. Sociallender
5. Ipodo Ikeja

How can I get loan immediately?

The best and simple way to get a loan immediately is to apply online for a personal loan from a lender known for quick funding and approval. For a fast personal loans, the best lender is Lightstream.

Which bank gives fastest personal loan?

HDFC Bank gives the fastest personal loan.

15 Comments on “Online Loans With Monthly Payments In Nigeria”

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