Despite the rising concerns over their modus operandi when it comes to loans recovery, loan apps have come to stay in Nigeria. The rate at which Nigerians patronize them leaves no one in doubt that there are, indeed, some benefits from these app.
For a fact, they are daring the odds to provide collateral-free loans, which traditional banks dare not venture into. The speed at which the loans are disbursed, customized repayment plans, and less documentation make the loan apps the best bet for Nigerians in need of urgent cash.