Paylater – A Mobile App for Getting Quick Loans

Disclaimer: we recommend you download all software from the official source. Software from third-party sites can endanger your device(s). File(s) shared here are for education purposes only, and are total responsibility of their hosted sites. See our Disclaimer page.


Paylater is a mobile app that provides loans to different people quickly and lets users payback through the app. There is no need to struggle and run to places to pay back the loan; all the services to manage the loan stuff are available on a single app. Getting a loan from banks and some other organizations has always been a tedious task, and the whole process takes a lot of time. We almost get tired & burned out to get a loan from banks, especially when you are a student or a low-income person. Because banks nowadays only provide loans to people who earn a high salary or have a business with multiple income sources.

Well, those people who are incapable of getting loans from banks can try Paylater. It is a free service that provides loans to all types of people; it doesn’t matter you earn high or low; you can get a short-term loan from the Paylater app. The app is trustable and has already gathered attention from thousands of people in Nigeria. This loan service app is exclusively available in Nigeria and Kenya region.

In this article, we will talk about the Paylater App and provide you the direct download link. Also, we are going to provide you all the details about the loan service. So, if you want to get a short-term loan or have an urgent need for cash, then this article is for you. Now, let’s get started!


Paylater App Overview

Paylater is a free loan service app operated by a fully licensed and regulated finance company in Nigeria. The app offers short-term loans quickly to any person who earns enough or can pay back with little interest rate. They currently provide a loan max of up to ₦1million within minutes, and no documents or collateral are required. There is also a credit score system that defines the level of Paylater users. The high score usually defines a Paylater user’s performance or how good one is at paying back the loan on time.

The better your score is, the higher Loan you can get from the Paylater app. The loan service is open to apply 24/7, and the whole process takes only a few minutes. In some cases, you may require to wait to get verified by the Paylater executive. But in most cases, if your profile shows that you earn enough, you will be able to get a loan quickly. The loan range you can get from the Paylater is ₦1,500 to ₦1m, and on your first loan, they will charge you as low as 5% for a month. And the repayment term will max up to 64 weeks.

Moreover, you can also invest your money and earn interest monthly directly on your wallet or bank account. The app now also offers some other online transaction facilities, i.e., Using a wallet to pay online, Airtime recharge on any mobile network, Transferring money to friends and family, Paying bills for all your favorite services such as GoTV, DSTV, LCC, or Bet9ja. Since Paylater has emerged into Carbon, it has improved a lot, and now it also provides more features than before. Overall, Paylater is a trustable loan service that you can also try if you urgently need cash.

Download Paylater App for your Devices

To make things easier, you can borrow from any device; the app is now available on Android, Blackberry, and iOS.

Click on the links below to download the app from your smartphone app store.

Android – Click Here to download the App on Android.
iOS – Click here to download the app on iOS.
Blackberry – Click here to download the application on Blackberry.

However, if the links above don’t work, you can follow the short tutorial I’ve made below;

  • Go to your phone’s App Store,
  • Search for Paylater
  • Click download and wait for it to install
  • Click open to access the app. Read the terms and conditions and click on Accept and Continue.

Now you’ve successfully downloaded the app, and it’s ready for use. Read on to know how to use the app.

How to Use the Paylater Application on Android, iOS, and Blackberry.

Paylater Loan
Paylater Loan

Follow the step-by-step guide to sign in and apply for your first loan.

Firstly, open the app, Sign up and fill the application forms with your real details. Don’t leave any information out.


After you’ve signed up, apply for the loan with the exact amount you need. Remember, you can’t borrow more than N10,000 for the first trial. Check the loan calculator to know the time you are due to pay back.

Please wait for a while; it takes as long as 3 working days for your loan offer to be approved.

Conditions For Loan Application

If you are a first-time applicant, enter all the details about yourself, including bank details, etc.

As I’ve said earlier, the Paylater plus is eligible only to salary earners who have to be proved by either of these- I.D card, statement of account, employment letter, and so on…


Fill in your appropriate details, leaving out any information that might lead to your offer getting declined. So ensure that your bank information matches your bank details and I.D.

How to Repay PayLater Loan

The condition for the loan demands you pay at a time set by Paylater.  If you want to repay the loan on or before the due date, select the PAY NOW button and press “Check loan status.”


You can wire the loan straight to their account.

  • Account Name- Paylater
  • Bank- Guaranty Trust Bank (GTB)
  • Account Number- 0217599035
  • Attach your full name and client ID on the transfer details.  It will take up to 1-2 working days for your repayment to be accepted.

In conclusion, when you download the Paymobile Mobile App, enter their official site. Read the terms and conditions so that you understand what you are getting yourself into.

 Access your important Windows Applications from anywhere on any device with a cloud desktop by  ClouDeskTopOnline For hosted Microsoft applications such as Exchange, SharePoint, Dynamics CRM, Project Server, and more, try Apps4Rent.

Leave a Comment