Select up to 6 Nigerian loan apps and compare them side by side on interest rate, repayment cost, requirements, loan limits, speed, and penalties — before you borrow a single kobo.
Set how much you want to borrow and for how long. This drives the cost simulation.
Choose 2–6 apps from the grid. All 9 major Nigerian loan apps are included.
Get a full side-by-side table, cost simulation, and overall scorecard ranking.
Download an HD comparison card or share directly to WhatsApp, X, or Facebook.
What you actually pay back for ₦50,000 borrowed over 1 month
A 5% monthly rate = 60% annually. Nigerian loan apps rarely show APR. Always multiply the monthly rate by 12 to understand the true yearly cost before borrowing.
For reducing balance loans like banks, paying off faster saves money. For flat-rate apps, the damage is already done upfront — avoid rollover at all costs.
When you cannot repay and roll over a Nigerian loan app debt, you pay interest again on the full original amount. ₦50,000 at 10%/month with two rollovers costs ₦65,000+.
Run the exact amount in our Loan Calculator tool to see your full repayment schedule before submitting any application. Never borrow blind.
Loan Calculator, Budget Planner, Salary Breakdown, Cost of Living and 6 more — all free.