Quick Loans - 2020 - Comparison

Are you looking for quick credits? Then you are right. We tell you where to get them. Consult our comparator, under these lines, to get the quick loan that best suits you.

Credit eldinerorapido logo
4.6 / 5
  • Amount: From € 500 to € 5,000
  • Return period : From 61 days to 36 months
  • Approximate concession time: 15 minutes
  • First free ?: NO
  • Do you accept Nigerian Financial Authority? : YES

Requirements: from 18 years old. DNI or NIE document. Reside in Nigeria. Bank account number (we have to be holders of it). Proof of income (payroll, unemployment, pension, self-employed).

It stands out in : they offer loans for high amounts of capital with a maximum of 5,000 euros. They don't look at Nigerian Financial Authority or RAI. Fast processing and deposit of the money in fifteen minutes after accepting the request.

  • Example: requesting 4,000 euros to be paid for 12 months will cost you 5,430, 46 euros in total
  • Quantity: From € 50 to € 1,000
  • Return period : 30 days (for 0% interest) or in monthly payments.
  • Approximate concession time: 10 minutes.
  • Free first ?: YES
  • Do you accept Nigerian Financial Authority? : NO

Requirements: from 25 to 70 years old. Residence in Nigeria. Have no debts that are listed in Nigerian Financial Authority or RAI. DNI or NIE documentation.

It stands out in : The Ferratum Flexible Credit offers the first application up to € 500 without commissions (with a return period of a maximum of 30 days). It has alternatives to pay in monthly installments.

  • Example: a flexible credit worth 500 euros to be reimbursed over a period of 30 days will cost € 0 (without commissions).
  • Quantity: From € 100 to € 1,000
  • Return period : From 5 days to 30 days.
  • Approximate concession time: 10 minutes.
  • Free first ?: YES
  • Do you accept Nigerian Financial Authority? : YES

Requirements : Age between 18 and 80 years. Reside in Nigeria. Be the owner of a bank account. Proof of regular income (payroll, benefits, retirement, self-employed, etc).

Stands out in : Very fast. They offer fast loans with Nigerian Financial Authority and without endorsement. Possibility of obtaining the first mini-credit without commissions.

  • Example: € 300 for 30 days would have a cost of 0 euros, thanks to its promotion of free fast first mini-credit (without commissions)
  • Amount: From € 750 to € 5,000
  • Return period : Up to 48 months.
  • Approximate concession time: 10 minutes.
  • First free ?: NO
  • Do you accept Nigerian Financial Authority? : YES
  • Minimum APR 24% - maximum 197.15%

Requirements: from 18 years of age. DNI or NIE. Reside in Nigeria. Phone number. Email. Bank account number.

It stands out in : you can obtain loans for high amounts that exceed the sector average (5,000 euros). Accepts Nigerian Financial Authority or RAI. Get your money, quickly in less than 10 minutes.

  • Example: a loan of 750 euros to be repaid in 12 months costs you a total of 850.80 euros. TIN and APR of the example: 21.72% and 24.01% respectively
  • Amount: From € 1,000 to € 50,000
  • Return period : from 24 to 72 months.
  • Approximate concession time: 48 hours.
  • First free ?: NO
  • Do you accept Nigerian Financial Authority? : NO

Requirements: age between 18 and 70 years. Reside in Nigeria. DNI or NIE. Have no debts with the Nigerian Financial Authority. Proof of income. To request more than ten thousand euros, it is also required to provide an extract from the bank account.

It stands out in : it offers access to financing for high amounts of capital, reaching up to forty thousand euros. It has alternatives to finance any type of project.

  • Example: for a loan of 8,500 euros to be paid in 60 installments (€ 166.70) the total to be returned will be 10,001.89 euros

What are quick credits?

What better way than to start knowing exactly what these types of loans, which have gained so much popularity during the last decade, consist of.

When we talk about fast loans, we refer to financing that is obtained easily and quickly . In most cases it is processed through the Internet, in minutes and via a private financial institution.

Speed ​​and a simple request are the most important and defining features of the service.

However, within the quick loans there are different types that are separated by the total amount of money that they allow to hire.

We are going to talk about them below.

Quick loan classes

Créditos Rápidos

As we said, within the offer of fast loans there are different classes , depending on the capital that we are interested in obtaining.

  • Mini-credits : they offer small amounts of money, with an average of € 300 . They are the fastest in the industry as they are typically achieved in minutes.

Your return is very short, with terms of 30 days.

  • Quick credits: offer financing for large amounts of money , which can reach ten thousand euros and even more.

They have great versatility, since they allow us to obtain money for what we need, quickly and easily. Regarding their reimbursement they offer more time and depending on the chosen entity, repayment in monthly installments, for example 12 months .

Both classes coincide in facilitating access to credit in a much easier and more affordable way than conventional banking entities, with the possibility of contracting quick loans to be repaid in installments.

They offer an application process that does not require a lot of documentation and is managed entirely over the Internet.

It is precisely these characteristics that have generated urgent credits and loans have become such a popular service today , since it offers financial solutions that adapt to practically any type of profile.

I want to request a quick credit online

Solicitar créditos rápidos online

If you visit us because you have thought about applying for fast loans online, the first thing that we are going to recommend is that you consult our comparator.

Knowing which are the most outstanding offers of the moment is essential to find the proposal that best suits us. What better way than to opt for the comparator on this page, where we provide you with the most important characteristics of each entity.

Here you can check from the amount to request, the return period, its requirements and if it is also a platform compatible with delinquency lists. We make it easy for you so that you can find the fast online credit you are looking for , at a glance.

How does it work?

To request fast credits online we have at our disposal different alternatives.

Through our web platform we offer you clear and summarized information so that you can carry out the search as easily as possible.

But how exactly does our comparator work?

Too easy.

Each finance company has its own information box. Here we specify both the total amount to request, as well as the maximum and minimum period of time offered by the entity to make the return.

These data are completed with the possibility that it is a financial institution compatible with the Nigerian Financial Authority and, finally, with an example in which we can see the total cost of a quick loan online.

In this way we have quick access to a large amount of information that allows us to jump directly to the entity that offers us the most attractive proposal according to our needs.

Quick credits with Nigerian Financial Authority

Préstamos rápidos con Nigerian Financial Authority o RAI

Quick loans with Nigerian Financial Authority is one of the aspects that usually generates a greater number of questions within the online financing sector . Above all, when it comes to profiles that are going to make their first request and do not know exactly how the whole process works.

We talk about them in depth, below.

The first thing we have to be clear about is that there are currently many platforms that offer quick loans with the Nigerian Financial Authority.

It is a standardized financing service, which does not include misleading small print and which has the same advantages that we find in other fast loans.

However, although in principle they are credits without looking at Nigerian Financial Authority , this does not imply that the entities that offer this service will not take into account various details related to our default.

What added requirements do these loans have?

To contract loans with Nigerian Financial Authority we must take into account that both the origin of the debt and the total amount of this will be decisive for our application to be approved.

It goes without saying that it is very important to know if you are in the Nigerian Financial Authority and, if you have the information, once the debt is cleared, to know how to leave the Nigerian Financial Authority

Thus, if the non-payment comes from any other company or service that is related to financing, we will not be able to get the money.

For example, if we have pending payments from another loan or credit card, we will not be able to obtain the loan.

The amount of money we have owed is also relevant, since each entity sets a maximum to accept fast loans being in the Nigerian Financial Authority.

This is an interval that varies greatly depending on the financial one. However, we have that the average is around five hundred euros.

As we can see, these are a couple of conditions that, added to the conventional requirements that online financing has, are directly related to responsible use.

And it is that, it is not advisable to request quick loans while in Nigerian Financial Authority if we have not yet finished, for example, a previous loan.

However, when hiring a loan via the Internet we have to make a good forecast of our budget and see that we can pay it, even in situations in which we do not have any pending default. We recommend reading the post about personal loans with Nigerian Financial Authority

Quick and easy credits: requirements

If you have come this far because you are looking for an easy and fast loan, you will be interested in knowing what requirements are needed to hire it.

We are going to see them in the following list:

  1. Be of legal age (18 years) or older
  2. Reside in Nigeria
  3. Be the owner of a bank account in a national entity
  4. Provide proof of regular income
  5. Include a contact phone number and email
  6. Not having defaults in the Nigerian Financial Authority or RAI (except in some cases, since there are platforms that are compatible with debt financing)

In this list we collect those that are today the most common requirements that we will need when requesting a fast, cheap and easy credit through the Internet . However, it is also worth mentioning that each platform works independently and we could come across extra conditions or characteristics that we have not collected here.

For this reason we recommend that before making our request for quick and easy credits, we know as much as possible the operation of the financial company that we have chosen.

Can I get fast credits without payroll?

Préstamos rápidos sin nómina

It is quite common that our users write to us asking about the quick loans that are obtained without a payroll.

We are going to solve this question quickly: yes, we can obtain credits without having to provide payroll.

How is this possible if the requirements include providing proof of income? Very easy.

This document, necessary to demonstrate that we receive money on a regular basis, does not have to be exactly

We can get a quick credit and without having a payroll with these alternatives:

  • Retirement
  • Disability pension
  • Unemployment benefit
  • Self-employed (VAT or personal income tax documentation)

As we can see, it is documentation that helps to demonstrate to the lender that we have financial stability that will be maintained over time. Or, at least, for the duration of the credit itself.

Finally, it should also be added that in the case of fast loans without payroll and with the Nigerian Financial Authority we can also provide any of the documents from the previous list , since they have very similar requirements to loans without having outstanding debts.

Can I request fast credits without papers?

Are there fast loans without paperwork? We are going to shed light on a subject in which there is a lot of bad information.

One of the most striking aspects of quick loans is that they can be obtained easily , with an application process that hardly involves documentation. However, does this mean that we do not have to provide any personal document?

The answer is no.

If you have come this far because you are looking for quick loans without paperwork, we regret to tell you that it is not possible to get financing without providing the lender with information in the form of documents. It is easier, in any case, to get mini-credits without papers , although you will always have to contribute something.

Identifying ourselves as holders of our checking account, including a copy of our DNI or NIE , as well as providing proof of regular income that provides information about our financial situation are essential for our application to be completed successfully.

For this reason, we see how fast online credits without paperwork do not exist , since we will need to include information and basic documentation throughout the process.

About quick loans without documentation and security

As we told you, obtaining financing through the Internet without providing any document is not something possible today.

This is due to the fact that within the platforms of the sector security is one of the most valued aspects. Thus, we are going to prevent, for example, a third person from requesting a loan on our behalf or impersonating our identity.

Thus, hiring a quick loan without documentation does not bet on responsible use , and it is completely understandable that any company linked to financing services will need to provide basic paperwork that allows both to identify the applicant and to carry out a credit study of the same to verify that you meet all the necessary requirements to approve your application.

And why are they called that way?

Quick loans have quickly gained popularity because they offer simplified access to financing , with a much more versatile and accessible process than the conventional proposal of banks.

Thus, many people have come to know this service as fast loans without papers and online.

However, and as we told you, this does not imply that we do not have to provide the entity with any document.

The most common is that we have to include a copy of our identity document, information regarding the source of our income and in some cases an extract from our bank account.

If, on the contrary, you find a platform that does offer you quick credits without sending documentation, we recommend that you look for reviews from other users as well as information about it. In these cases, it may be misleading advertising or directly from an unsafe company, so we recommend jumping directly to the proposal of another financial company.

And fast loans without payroll or endorsement or properties?

We are going to talk to you about the possibility of contracting a loan without having a payroll or endorsement or a property.

As we told you throughout the previous paragraphs, online financing allows us to access money in a simple way, even in profiles that have difficult access to credit.

This is precisely the profile of those who seek access to financing without having a guarantor or guarantee in the form of a property . However, the private financing sector has sought to find a solution to this, offering a series of alternatives with which this type of profiles can obtain quick loans.

Therefore, if we are not working at the time of obtaining financing, we can opt for a quick loan without endorsement properties or payroll.

To process the loan, we can choose another type of documentation that acts as a personal guarantee, since private platforms will simply need to verify that we have a stable source of income and for the amount of money sufficient to allow us to meet the cost of returning the loan. loan.

Did you know that you can also get an interest-free credit?

Free credits are another of the most striking services that online financing offers us today.

It is an offer available in various entities, both on a one-off basis and as a continuous offer.

Now, if we want to take advantage of this promotion, we must bear in mind that it is limited to the following.

  • It is only for first customers
  • It does not usually exceed a maximum of 300 euros (there are exceptions)

Thus, the most important thing that we have to take into account if we are looking for a free mini-loan is that it must be the first time that we request a loan in that particular entity. This applies to all platforms that offer loans at 0% interest.

For the rest, the most common thing is that since it is the first time that we make a request in the financial one we cannot access large amounts of money, they are commissions.

The most common limitation is around 300 euros, although as we said there are also financial companies that offer quick loans without paying interest for larger amounts.

I want to request a quick loan. How does it work?

Now we are going to talk about how to apply for a quick loan . This part is especially of interest to those who have not yet applied for financing through the Internet and do not know how the process works.

We are going to see what we are going to find usually, step by step.

The first thing we recommend doing is looking for a good source of information that allows us to know and compare between the different options for cheap and fast loans that we can get today via private finance companies.

A perfect example of this can be found through our comparator. Here we offer you clear and summarized information so that quickly and at a glance we can locate the entity that best suits what we are looking for.

When we are clear about the financial institution in which we want to borrow money , we will have to access their website.

Now we will continue with the following:

  • Enter the capital to request
  • Choose the time frame for the return
  • Fill in the form with our personal data
  • Attach the required documentation
  • Wait for the entity's response
  • If so, we will review the contract that you will have sent us and we will return it signed
  • Finally, we will receive the requested money deposit in our checking account

This is an approximation of what we are going to find when requesting quick personal loans. As we can see, it is a very simple process, which hardly requires time to complete since we can do it from an Internet connection regardless of the time or place.

I want to be answered by phone. What I do?

Préstamos rápidos por teléfono

There are also quick credits by phone.

Despite the fact that the most common means of contracting financing is the Internet, the entities of the sector also offer alternatives and we can be attended by telephone.

However, the possibility of working over the phone is not available in all companies, so we have to check first if they offer this type of request.

Visiting the entity's own website we will be able to easily find your contact telephone number to be able to check if we can hire a quick loan by phone.

How does your return work?

One of the most characteristic aspects of quick credits is their return.

There are different types:

  1. Those that offer small amounts with repayment terms of one month
  2. Those who offer a higher capital to be paid in 30 days or in installments

Normally, the platforms specialized in quick mini credits are the ones that offer us faster access to money , since as they are loans that do not usually exceed 300 euros, they do not require a credit study.

Therefore, your repayment period is also very short. Thus, the most common within the sector is that we only have thirty days to pay.

If, on the other hand, we are looking for larger amounts of capital, we also have options to pay quickly within a month. However, it usually tends to take a longer period of time to pay, for example, a quick loan of a thousand euros.

Thus, entities also offer the possibility of obtaining a loan and paying it more comfortably in monthly installments whose duration will vary depending on what we need.

And the accepted payment methods?

When it comes to repaying a quick loan, there are different alternatives available.

There are options for both those who are interested in making a deposit at the window or paying directly through the platform's intranet, with a credit card .

These two payment methods are recommended for credits that have to be paid in a single installment within a month.

In the opposite case, when we choose to pay in monthly installments, we also have these two options. However, it is advisable to direct the payments so that they are made automatically month by month.

Each financial institution accepts certain payment methods.

Normally, they will offer us to choose between several options so that we can choose the one that best suits us.

Cheap and fast credits?

Although private financing relies on all the advantages it entails (speed, versatility and easy application) the reality is that it is a service that has higher commissions than those of conventional banks.

If we are looking for cheap and fast loans we have to look for the entities that offer us the best offer of the moment . Above all, those that allow access to the first loan without having to pay any interest percentage.

I want to know if they will ask me many questions

Those users who have previously requested financing through a bank will know that the process involves providing enough documentation as well as justifying why we need the borrowed money.

In opposition to this, private lenders have opted for a more agile and simple process , in which it is not required to answer uncomfortable questions about the purpose of the service.

Therefore, if you are thinking of applying for a quick loan and you want to know if you will have to justify why and for what you want the credit, do not worry: they will not ask you about it.

The entity simply makes sure that you meet all the requirements and that all the information you have provided is correct.

For the rest, it will not require any additional information.

Advantages of quick loans

If you want to know what we consider to be the most outstanding advantages of the credits that are obtained quickly, take good note of everything that we are going to tell you.

  • Easy access financing. Simple procedure

We start with the most outstanding feature within the service, the ease with which the entire process is processed. And, what would you highlight above all in a service in which you can get money easily and in just a few minutes?

  • Forget about checking and filling out paper forms

The platforms that operate through the Internet manage the entire process digitally, so you will not have to review or fill out any type of documentation.

All the contracts and information you need to know can be found on their website or directly in your email inbox.

  • 24 hour availability

In addition to being fast money, it is also available 24 hours a day , even on the weekend.

You can start the process at any time, since it will be the entity's software that will process your request and send you a response in a matter of minutes.

  • Versatility for any profile

Accessing financing today is easier than ever. Above all, if we take into account how it is no longer taken into account that we may have defaults registered with the Nigerian Financial Authority, or not have a guarantee.

Currently we can access fast loans regardless of these types of conditions , so it offers us a versatility never seen until the arrival of private entities.


Resources: Bank Client BDE - AEPD - Official State Gazette -

Check our financial education guides

About the author

Julie Williams Smith

Autor Julie Williams Smith. Especialista en finanzas feminaust.orgWriter specialized in financial products and passionate about the internet. I create content that seeks to help users and keep them informed, with honesty, truthfulness and ethics. I graduated from the Polytechnic University of Lagos.



Use of cookies

We use our own and third-party cookies to improve services, obtain statistical information and display personalized advertising through the analysis of your browsing. If you continue browsing, we consider that you accept our cookie policy , click the link for more information. TO ACCEPT

Cookie Notice