Scout Picks

Compare personal loans

We highlight the strongest rates, requirements, and timelines up front so you can compare faster.

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Top options summarized in one view
Clear terms
Rates, fees, or fit signals are easy to spot
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Straight to the shortlist before deeper research

  1. Editor shortlists

    Low-friction personal loans

    01

    Compare lenders that keep eligibility checks light and turnaround times quick.

    Signal
    High
    Review
    Clear
    Speed
    Fast

  2. Flexible mid-range options

    02

    Useful when you want stronger detail and a bit more room to compare tradeoffs.

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  3. Need a wider view?

    03

    Open the full results page to compare more providers, filters, and editorial notes.

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Recently added

Personal

Stanbic IBTC Personal Loan

Stanbic IBTC

Rate
48.0%
Amount
₦100k
Timing
instant approval

Personal loans from Stanbic IBTC with flexible repayment options for salary earners.

  • Salary paid into a Stanbic IBTC account; minimum net monthly income of ₦50,000; credit and affordability checks

Personal

Branch Personal Loan

Branch

Rate
36.0–99.0%
Amount
₦6k–₦1M
Timing
minutes to 24 hours

No-collateral personal loans with instant approval via the Branch mobile app.

  • Phone number or Facebook account, ID number, and mobile money or bank account

Personal

First Bank of Nigeria Personal Loan

First Bank of Nigeria

Rate
20.0–28.0%
Amount
₦200k
Timing
bank review and disbursement to salary account

Personal and consumer loans from Nigeria's oldest and largest bank by customer base.

  • Salary account with FirstBank; employer salary domiciliation letter; minimum documentation; credit insurance premium required

Personal

QuickCheck Personal Loan

QuickCheck

Rate
60.0%
Amount
₦1.5k–₦1M
Timing
5 minutes

AI-powered instant loan app with NDPA-compliant data protection and flexible repayment.

  • No collateral; smartphone app application

Personal

UBA Personal Loan

UBA

Rate
28.5–32.0%
Amount
₦200k
Timing
Bank review and disbursement to salary account

Personal loans from United Bank for Africa with pan-African presence and competitive terms.

  • Functional salary account and last 6 months pay slip plus bank statement indicating salary inflows

Personal

GTBank Salary Advance Personal Loan

GTBank

Rate
35.4%
Amount
₦5k–₦5M
Timing
instant

Personal loans from one of Nigeria's largest commercial banks with competitive rates for salary earners.

  • Salary account holder with 6 months salary history, ₦20,000 monthly lodgement, ₦30,000 net salary minimum, clean credit bureau report

Personal

Kuda Bank Overdraft

Kuda

Rate
30.0–108.0%
Amount
₦5k–₦250k
Timing
minutes

Digital-first bank offering small personal loans through its popular mobile app.

  • Kuda app account required; monthly installment repayment; no paperwork

Personal

FairMoney Personal Loan

FairMoney

Rate
24–456%
Amount
₦1.5k–₦5M
Timing
5 minutes

Fast personal loans with automated credit scoring. CBN-licensed microfinance bank.

  • Monthly income of ₦1,000+; no collateral; no physical paperwork

Personal

Carbon Personal Loan

Carbon

Rate
54–195%
Amount
₦2.5k–₦1M
Timing
minutes

Instant personal loans up to NGN 1,000,000 with no collateral. Quick disbursal via mobile app.

  • No collateral; no guarantor; no paperwork

Personal

Renmoney Personal Loan

Renmoney

Rate
25.44–31.8%
Amount
₦50k
Timing
fast app-based approval

Personal and business loans with longer terms than most fintechs. Both app and web access.

  • Digital application through the Renmoney app; identity and income checks may apply

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Debunking Personal Loan Myths: What You Really Need to Know

Uncover the truth behind common personal loan myths and navigate your options with confidence. From hidden fees to credit score myths, here's what you should know before borrowing.