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What are the interest rates for loan apps in Nigeria?

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LairaPlus Loan App

Free

In Nigeria   V1.0.1.2

5.0 (1 million +)

Security Status

in Nigeria

LairaPlus APP

Best loan app

in Nigeria

Free

In Nigeria   V1.0.1.2

5.0 (1 million +)

Security Status

The interest rates for loan apps in Nigeria vary depending on the app and are typically influenced by several factors, including the loan amount, loan term, and personal credit score. The annual percentage rates (APR) offered by Nigerian loan apps generally range from 5% to 20%, with specific rates varying. Borrowers should carefully review the interest rates and associated fees when choosing a loan app to understand the total cost of the loan.

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