Business Loans - Money Advisor

Loan Apps vs Bank Loans in Nigeria: Head-to-Head Comparison 2025

Businessman signing a bank loan agreement with a model house in focus, comparing traditional bank loans and digital loan apps.

In Nigeria’s rapidly evolving financial landscape, borrowers are increasingly faced with a crucial decision: should they opt for traditional bank loans or turn to innovative loan apps? Both options offer distinct advantages and challenges that can significantly influence borrowing experiences. … Read more

Secured vs Unsecured Loans: What Are the Differences?

Flat illustration of a balanced scale with a house and car representing secured loans on one side, and documents and a credit card representing unsecured loans on the other.

When considering borrowing money, understanding the fundamental differences between secured and unsecured loans is crucial. These two types of loans serve different financial needs and come with distinct advantages and disadvantages. Making an informed choice depends on your financial situation, … Read more