Quick loans are loans that are issued in a short amount of time, and are often subject to less rigorous screening/approval processes. These loans are often extended to people who have bad credit or who need to secure financing very quickly. These loans often come in the form of personal loans in small amounts.

As with everything else on ALAT, you can now apply for a quick loan without paperwork, no visitation to any physical location, and response time between acceptance of offer and loan disbursement is in minutes. You can now borrow as much as N2,000,000 (Two million naira) without collateral.

Whether you are a salary earner or self-employed, you can get the quick cash you need, and pay back.

Benefits of ALAT’s Quick Loan

  • Up to N5,000 – 4 Million
  • Convenient repayment plan spread over 1 – 24 months.
  • At an interest rate of 2% per month
  • No Hidden Charges.

  • Login to ALAT or open an account if you have no account.
  • From the menu items, click on ‘’Loans’’
  • Read through and understands ALAT disclaimer
  • Upon successful credit evaluation and checks, a loan offer is presented with duration and applicable interest based on the user’s current risk score
  • Read through and accept the Terms & Conditions which will contain consent to having your account debited for repayment at loan due date and provide your debit card details to be debited
  • Your account will be immediately credited.
Mobile showing How to Apply for Quick Loans on ALAT