Legit loan apps with low interest can be hard to find for starters. It could be time-consuming to be searching for the right app to apply for a loan. The truth is that there are good loan apps in the online and offline money lending space, but finding the ones that offer loans with low interest can sometimes be difficult.
Here, I will take you around to review the top 15 legit loan apps with low interest across Australia, USA, Canada, Nigeria, India, and UAE. You will learn how much you can borrow from this app and the interest rate.
Top 15 Legit Loan Apps with Low Interest In 2025
Below are the best online loans instant approval that have low interest.
1. BeforePay
BeforePay is one of the best legit loan apps in the whole world with low interest in Australia that offers instant pay advances and automatically deducts the money from your bank account at your next paycheck.
Beforepay allows you to get payday loans for up to AUD$ 2,000 without any interest or hidden fee. Your loan only attracts a 5% processing fee. To apply for this loan, you must be an Australian, have a stable source of income, be employed, and have a functional bank account.
2. Moneyspot
Moneyspot is one of the best legit loan apps with low interest in Australia that offers one of the best hassle-free instant pay advances and personal loans without a credit check.
The application process is 100% online; you can borrow small loans between $200 and a maximum of $5000. Also, you can get quick installment or personal loans between $200 to $350.
Moneyspot has a cash loan calculator to calculate repayments before the request approval. The loan attracts a 20% establishment fee and a 4% monthly fee. However, the eligibility criteria can be stringent.
3. Discover
Discover is a United States online bank that offers personal loans, customers credit cards, and retirement solutions to customers in all 50 states of the nation. It is one of the best legit loan apps with low interest in the United States that stands out in its mobile banking tools, quick funding, good customer support team, and online application and mobile banking tools.
Your credit score must be a minimum of 660 to apply for a personal loan here, and you can get $2,500 to $40,000 to be repaid in the next 3 to 7 years. It does not charge origination fees or prepayment penalties; repayment terms are flexible. The APR range is 7.99% to 24.99%.
4. Earnin
Earnin is one of the best and most legit loan apps in the United States, with low interest for workers with bank accounts. To access a loan on this platform, you must download the app, register, submit your bank details, verify it, and keep track of your finances.
You can borrow $100 to $750 daily; this app does not charge an interest fee. However, it has a feature where you can make an optional tipping between $0 to $14. You will have to pay $3.99 for Lightning Speed for a faster, shorter time. The money gets automatically deducted from your account when your next paycheck is paid.
5. Upstart
Upstart is one of the most innovative loan apps in the United States that has imbibed the use of AI and machine learning-based approaches to assess borrowers’ qualifications.
Upstart is a more accessible lending platform, as you can access it with a fair credit of 600, and the APR is between 5.20% to 35.99%, which is pretty fair. You can borrow as low as $1000 and as high as $50,000. The loan term is 3 to 5 years, and it’s available in all states in the United States except West Virginia and Iowa.
6. iCASH
iCASH is one of the notable and popular loan apps in Canada that offers online payday loans with flexible repayments. It is a member of the Canadian Consumer Finance Association (CCFA) and has given loans online to over 500,000 customers since 2014.
You can get a loan between CAD $100 to $1,500 for 7 to 62 days, and the APR varies by province. In Ontario, for instance, the interest rate is $15 for every $100 borrowed. You must have a minimum of $800 monthly income to apply.
7. GoDay
GoDay is one of the legit loan apps headquartered in Toronto that began operation in 2012. It is BBB-accredited, and you can get same-day online payday loans between CAD $100 to $1,500 for up to 62 days. You must have a stable income source to apply for a loan at this platform.
The interest rate varies by province; the average is $15 per $100 borrowed. The application is entirely online, and you must present income and payroll details and SIN.
8. Cash Money
Cash Money is one of the oldest loan apps that has been in operation since 1992 and has helped about 1.2 million Canadians meet their short-term cash needs. It offers online and in-store payday loans between CAD $100 to $1,500 for a loan term of 5 to 40 days. The interest rate differs by province.
Additionally, Cash Money offers installment loans and lines of credit. You must have a steady income to apply, and it also accepts child tax credit and CPP. Unemployment and disability income.
9. Money Mart
Money Mart is a popular Canadian financial service platform offering online and in-person payday loans from CAD $120 to $1,500 for 1 to 62 days. It has been in operation since 1982 and has expanded to over 500 locations, making it one of the most reliable Canadian financial platforms.
In addition to payday loans, Money Mart offers other products such as business loans, installment loans, prepaid credit cards, and money transfers.
The interest rate varies by province; you must have stable employment to apply. It also accepts income such as child tax credit, disability, EI, and pensions
10. Branch
Branch is undoubtedly the best loan app in Nigeria. It is a legit app with low interest that offers loans between N1,000 NGN to N500,000 at a monthly interest rate of 2.83% to 22.58% for a loan term of 62 days to 12 months.
It is one of the highest-rated loan apps on Google, making it a reliable platform. In addition to loans, it offers other financial services such as investment, money transfer, and bill payments.
Branch is CBN-licensed and approved by the Federal Competition Regulator and Consumer Protection Agency, (FCCPC), and this helps to attest to its legitimacy and reliability. In addition to being present in Nigeria, it is available in other countries such as Kenya, India, and Tanzania.
11. Fairmoney
Fairmoney is the second most downloaded loan app in Nigeria. It is a legit loan platform with low interest licensed by CBN and offers loans between N1,500 to N3,000,000, for a monthly interest rate of 2.5% to 21.7% depending on your credit score. It has a credit assessment tool that calculates your creditworthiness and determines your interest rate. The repayment duration is 61 days to 18 months.
It is mobile mobile-compatible loan app that you can easily download and register on your phone. It only requires your BVN (bank verification number) for loan approval and disbursement. Also, it offers other financial services such as transferring funds, saving money, paying bills, and airtime purchases at discounted rates.
12. QuickCheck
Known largely for his quick disbursement speed is QuickCheck. QuickCheck is the best pick if you need immediate funding or financial assistance in an emergency in Nigeria. Depending on your credit score, you can borrow from N1,500 to N500,000 for a loan interest of 2.5% to 21.7%. The loan term is flexible, usually from 61 days to 12 months.
QuickCheck is fully approved by the Federal Competition Regulator and Consumer Protection Agency, the FCCPC. It offers discounts for customers who repay their loans earlier than their due dates. Also, its app is mobile-friendly, easy to navigate, and access the features.
13. Tata Capital
Tata Capital is one of the best loan apps with low interest that offers personal loans between INR 20,000 and INR 25 lakh at an Interest rate of 0.93% to 2%. It is fast, with a disbursement approval is 5 minutes and funding is 30 minutes.
However, this loan app is unsuitable for people who want a small amount, and the minimum amount of money you can borrow here is 20,000.
14. RapidRupee
The RapidRupee App is an Indian legit loan app with low interest that offers personal loans at 1% with a loan disbursement time of 30 minutes. You can borrow anything from INR 1,000 to INR 60,000.
15. CashU
CashU is one of the UAE’s most notable legit loan apps with low interest that offers flexible loans to suit your unique financial needs. It uses advanced technology to determine your loan eligibility and respond to you in minutes. You can borrow up to 30,000 AED and be credited within 24 hours of approval. The app is safe and reliable and is transparent about its fees.
Legit Online Loans Guaranteed Approval
The best legit online loans guaranteed approval include; CashU, GoDay, Beforepay, Cash Money, Money Mart, Earnin, Upstart, Moneyspot, and iCash. These loan apps would give you urgent loans anytime you need them if you are signed up already and have used them before. For example, Beforepay would always give you a loan anytime you apply if only your company is enrolled as an employer on the platform.
Conclusion
These legit loan apps with low interest have their terms and conditions of service, and you must carefully review them before signing into any and using their service.
