Though there a lot of online loan app that offer quick loan, sometime it will be safe and good to collect loan from company not far from your locality. Even if you default, you will be able to escaped the bad activities of online loan app such as invading people privacy or sending bad message to defaulters.
With money lenders you won’t be subject to all this inhumane treatment and the close proximity will remove defaulting temptation.
Who are money lenders and what they do
Money lenders are loan company, like their online counterpart they also loan money to people in Nigeria, the deference is that they do their KYC (Know Your Customer) physically and most time they disburse with cash, which is usually between #5,000 to #100,000.
Money lenders vs bank loan
The deference between money lenders and bank loan is far; bank give loan with small interest rate since they have others means they will get profit but money lenders only have one business model which means they always want to milk their customer dry and as such have high interest rate, but they are fast and easy to access unlike bank loan that will require documentation and sometimes collateral before they give out loan.
List of Money lenders in Lagos Nigeria
GTHomes Limited
The first on our list of money lenders in Lagos is GTHomes, as their names implies they mostly give loan to build houses but sometime they also give personal loan in
Nigeria if the person meet their requirements which are
- You should be engage in a job or have source of income
- You will provide your personal formation
- You will provide guarantor
Location: You can find them at 28 Saka Tinubu Street, Victoria Island
Direct briged Nigeria limited
Direct bridge focus on personal loan and they also give loan to business in Nigeria, and like others above they have their requirement which you need to meet before you will access their loam and they are
- Have source of income
- You must be between 22-25 years of age
- You will provide your personal information
- You will provide utility bill
- You will provide statement of account spanning six months
Location: 703A1, Thomas Adeboye Drive.
Wema home ltd
Wema home is real estate company that deal with buying and selling of house, apart from this they also give house loan to those who want to buy house but does not have enough money.
Before going to them ensure you have the following
- Have bank account
- You will provide statement of account spanning three months
- You must have source of income
Location: Ikeja, 65A Opebi Road
Quick loan
Quick loan is another money lenders in Lagos they have their presence in 47 Obafemi Awolowo Way, Allen, Ikeja. Before going to them you need to meet up with their requirements and they are
- Have ID card
- Must be a Nigeria and reside in Nigeria
Provide account statement spanning months - Have bvn and have a stable source of income.
Independent communication network Lt
If you are entrepreneur looking for loan, independent communication network is your best bet, they give loan of up to #100,000. There loan is fast and easy once you meet their requirement such as
- Have a business
- Provide statement of account spanning six months
- Reside in Nigeria
- Have bvn
- You might have to provide guarantor.
Jubilee-life Savings and Loans
You can also take loan from jubilee life saving, they have at their location in Ikorodu Road, Ketu Lagos. Before going to them ensure you have the following
- You must have a source of income
- Have bvn
- Provide personal details
- Have a bank account
CRC credit bureau
CRC is one of the best money lender that give quick loan in Nigeria, they are fast and easy but you will have to provide guarantor and some document which will be listed below. They do not harass their customer but ensure you have a pay back planning.
You need to provide the following document
- Bvn
- Bank account statement
- ID card
Location: 26 McCarthy Street, Lagos
Alliance consulting
Alliance consulting primary aim is to consult for business but they also provide loan to small business in Nigeria, their loan is quick but not easy to obtain. Like others above you need to provide your statement of account, bvn and means of identification.
Location: UBA House, 5th Floor
Trinity loan and saving limited
Trinity loan and saving is another money lender in Lagos they focus on salary loan. Their loan is quick, once you meet their requirement which are
- Have a bank account
- Provide statement of account spanning three months
- have a means of identification (government issue ID Card)
Location: 79 Allen Avenue, Ikeja
Supreme loan and saving limited
This loan company target two thing at a times they give loan to people and also help people to save. Before going to them you need to meet up with their requirements which are
- Have a bvn
- Have ID card
- Have a source of income
- Have a statement of account spanning six months
Location: Falomo Shopping Centre, Ikoyi
Tmc savings and loan
Tmc is like supreme loan they also help People to save and give out loan. Below is their requirements
- Government issue ID card
- Have bank account
- You will provide statement of account
Location: 187 Ajose Adeogun Street, Victoria Island
Partnership loan and saving Lt
They give loan and also help people to save their money, below is their requirements
- Have a bvn
- Statement of account
- Government issue I’d card
- Have a source of income
- Have staff I’d card
Location: 150 Awolowo Way, Ikeja
City code mortgage bank limited
They give loan to people who want to buy house or build house in Nigeria, below is their requirements
- Have a source of income
- Have I’d card
- Be a Nigeria and reside in Nigeria
- Have statement of account spanning three months
Adims Credit and Investment Ltd
Adims credit provide loan to business in Nigeria, apart from this they engage in consultation, management of asset and provide financial solution.
Location: 9, Okaka Plaza
Conclusion
Above are the money lenders in Lagos, Nigeria, though not all of them require guarantor you should have them ready before going to the lender.
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