Mar 20, 2025
A lot of people believe that getting loans online are only for those who spend more than they earn, the show-offs, the greedy ones, or people who don’t know how to manage money. But that’s not true at all.
I like to see online loans as money you’re meant to have; just coming a little earlier. Sounds funny, right? But really, loans give you the chance to handle things quickly; whether it’s solving a problem or grabbing a good opportunity before it slips away.
The truth is, that online loans are not a bad thing. They’ve helped people start businesses, handle emergencies, grow their finances, and get back on their feet during tough times. So why do some people talk badly about something that can be so helpful when used the right way?
Let’s bust some common myths:
Myth #1: Online Loans Take a Very Long Time to Process
Fact: With the rise of digital loan apps like QuickCheck, you can now access instant loans in just 5 minutes. No paperwork, no queues, no collateral.
If you’re looking for urgent loans, you already know where to go. Download the QuickCheck app and apply instantly.
Myth #2: Online Loans Are Only Accessible to Salary Earners
Fact: You’ve probably heard people say only those with monthly salaries can get a loan online; but that’s far from the truth.
Today, loans are accessible to salary earners, SME's, and every other person. All you need is a smartphone and you’re 5 minutes away from getting an urgent loan, regardless of your employment type.
Myth #3: You Need Collateral to Get a Online Loan
Fact: Thanks to digital lending platforms you can now access urgent loans with no collateral required.
This shift has opened the door for many individuals who previously thought loans were out of reach.
Myth #4: The Interest Rates Are Out of This World
Fact: This is a common misconception. Loan interest rates vary based on tenure and risk, but they are far more competitive now, especially with loan apps and digital lenders.
For instance, QuickCheck offers instant online loans with low interest rates, which is a flexible and fair structure compared to traditional banks.
Myth #5: You Can Only Get Loans from Banks
Fact: The financial world has changed. Today, loan apps and fintech companies provide a much easier and faster alternative to traditional banks. With just your smartphone, you can apply for urgent loans online, get approved quickly, and instant cash in your bank account without stepping into a bank.
Myth #6: Online Loans Mean You’re in Financial Trouble
Fact: Not true. Getting loans online or via traditional methods is not just for emergencies; they are powerful tools for growth. Whether you want to expand your business, restock, or handle school fees, a loan can help you stay ahead and take advantage of opportunities.
Now you know what not to believe; it’s time to let go of those outdated loan myths and see loans for what they truly are: a smart and reliable way to access quick financial support when it matters most.
So, when the need arises, don’t rely on random sources. Choose a trusted loan app like QuickCheck, where you can get urgent loans and instant loans in just minutes—no stress, no collateral, no delays.
If your view about loans has changed, that’s great; because now you know where to turn. Whether it’s for a business need, an emergency, or a golden opportunity, simply open the QuickCheck app and get the financial help you need; fast, flexible, and with fair interest rates.
FAQs
How can I get an urgent loan?
All you need is an Android phone and your BVN. Yes, that’s it! Simply download the QuickCheck app from the Google Play Store, sign up using the phone number linked to your BVN, answer a few quick questions, confirm your identity, and you’ll get your loan instantly.
How much can I borrow from QuickCheck?
QuickCheck offers urgent loans ranging from ₦10,000, ₦20,000, ₦30,000 up to ₦1,000,000, depending on your creditworthiness and eligibility.
Do I need documents or collateral?
No document, no collateral! You will only need to fill in the required information correctly.
How is the interest calculated?
You can calculate your interest rate using our loan calculator.