FCCPC Lists Top Loan Platforms for Nigerian Salary Earners
The Federal Competition and Consumer Protection Commission (FCCPC) has updated its register of digital lending platforms available to Nigerian salary earners in 2026. These platforms offer loans up to N10 million with flexible repayment arrangements.
Borrowers are advised to prioritize affordability, transparent charges, and regulatory compliance. Renmoney provides loans up to N10 million for eligible borrowers who can demonstrate a verifiable income source, with repayment periods extending to 12 months.
Credit Direct caters to private-sector employees, offering loans up to N5 million for those earning a minimum net monthly salary of N100,000 and having a satisfactory credit record. FairMoney combines digital banking with personal lending, offering loans up to N3 million.
Carbon provides personal loans up to N1 million, while Branch offers loans ranging from N6,000 to N2 million. Borrowers are encouraged to review interest rates and repayment obligations before accepting any loan offers.
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