Top Loans For Unemployed In Nigeria (Updated List)
Top Loans For Unemployed In Nigeria (Updated List). Get A List Of Banks That Give Loan To Unemployed. Check This Post.
Are you unemployed and you have been seeking for loan platforms to get loans from? Have you been wondering for the top and best websites to get a loan from? Then this article is for you, as we will be discussing and giving full details of where you can take get loans from in Nigeria.
What Are The Best Loans For Unemployed In Nigeria?
In Nigeria today, we cannot deny that the economy has become to tight and unbearable for citizens and it can be very difficult to find the perfect job and a job that is sustainable enough to cover your bills and expenses. Now if you are currently part of those unemployed, you may consider seeking a fast loan for you to help make ends meet. Apart from this, even as a worker, there are times where urgent needs can pop up and at that point, you may have not received your monthly pay and you will be left with no other option than to borrow, so in this article, we will be highlighting some platforms that can give you access to loans and everything you need to get started in this article;
- National Subsidy Reemployment Program Loan
- National Poverty Eradication Program Loan
- National Emergency Employment Program Loan
- National Youth Employment And Social Intervention Program Loan
- National Social Safety Net Program Loan
- FairMoney
- QuickCheck
- Branch
- Carbon
- Zedvance
Top Loans For Unemployed In Nigeria (Updated List)
1. National Subsidy Reemployment Program Loan
First on our list is National Subsidy Reemployment Program Loan. This particular loan is there to help people who are unemployed and cannot find sustainable jobs after they might have lost their jobs.
Read Also: Palmcredit Loan App, Customer Care Line, WhatsApp Number Email Address
2. National Poverty Eradication Program Loan
Second on our list for best loans for unemployed is this type of loan, the main aim for this type of loan is provided by the government and it is to wipe off poverty away from the society, assisting those that are seeking for jobs with this assiatanceship.
3. National Emergency Employment Program Loan
Next on our list for loan platforms for unemployed is National Emergency Employment Program Loan, this type of loan is for those that are unemployed that may need emergency assistance and they cannot find work, this job is there for them to fall back to.
4. National Youth Employment And Social Intervention Program Loan
Next on our list for loan platforms for unemployed is National Youth And Social Intervention Program Loan. This particular is basically for young people who are unemployed, this loan is there to support them.
5. National Social Safety Net Program Loan
This particular loan is there to help people who are unemployed and cannot get a good job for themselves.
6. FairMoney
This is a popular financial institution that offers loan out to individuals seeking for loan, of course they have npo restrictions on who they give out loans too, so as far as the loan would be returned in the agreed date. For you to access loans on this site, they require you to provide your Bank Verification Number, your address, your contact and mosttimes that of your close relatives too, before granting you this loan, all of this requirements is just to make sure they are on safe hands.
Read Also: Top Best Loan Apps in Nigeria To Get Quick Loan Without Collateral
7. QuickCheck
If you are an unemployed and you are searching for the best loan platforms to get loans from, then QuickCheck should be the best pick for you, because just as their name implies, they grant fast loans and with a very flexible repayment methods. Once they have confirmed that you are capable of repaying the loan, then your application will be approved.
8. Branch
Branch is another platform that is reliable, if you are unemployed, this is another best loan platform for you, it’s easy and will save you stress. With Branch, after filling the loan application form, for the interest rates, you are charged on the amount of money you ask for, from 15% to 33% and they give out as high as NGN 200,000 and they also do not require a credit history or any collateral.
9. Carbon
Next on our list is Carbon, their apps can be accessed on Androids and iOS and they do not require much from you before releasing funds. All you need for this loan is your BVN and some other necessary details of you to confirm your eligibility. This particular loan is very fast too, within 24 hours, you will get your loan.
10. Zedvance
Last on our list is Zedvance. They are a consumer finance company that provides credit to consumers and individuals. You can borrow up to 3 Million Naira in less than 24 hours. They provide loans to salary earners too, because even salary earners have side businesses and they might need support for their businesses too.
Read Also: Federal Government Loans For Small Business Currently(2023)
Requirements Needed to Get A Loan In Nigeria
There are some crucial requirements for you to get a loan in Nigeria today;
- You Must Be A Nigerian
- You Must Be At Least 18 Years Old
- You Need A Working Account Number( Ofcourse With BVN)
- You Need A Valid ID Card
Requirements Needed to Get A Loan In Nigeria
1. You Must Be A Nigerian
It is certain that for you to be eligible to get a loan in Nigeria, you must be a citizen of Nigeria, or you must have acquired your citizenship.
2. You Must Be At Least 18 Years Old
People that are less than 18 can never be given a loan, as they are categorized as underage.
3. You Need A Working Account Number( Ofcourse With BVN)
You need to have a recognized bank account from any recognized bank in the country, most important, you need a bank verification number too.
4. You Need A Valid ID Card
Most huge loans require and need you to provide a valid ID card before you can be issued that loan.
Frequently Asked Questions
1. Can I Use My BVN To Borrow Money?
Lenders need your Bank Verification Number (BVN) to confirm your identity.
2. How Much Can FairMoney Borrow Me?
FairMoney offers loans from loans of up to 1 million Naira for a period of 18 months.
3. How Fast Can I Get A 10k Loan?
One or two business days.
4. What Is Kopesha Loan App?
KOPESHA is a new lender dedicated to financing commercial boda and delivery drivers.
5. Is OPay The Same As PalmPay?
PalmPay claims to be a better solution than Opay due to: Faster in transfer and Higher success rate of payment.
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