Are there fast mobile loan apps in the United Arab Emirates (UAE)? For those who have been asking this kind of a question,we got you because this article is all about the loan apps available to borrowers in Dubai and the rest of UAE.
The world have been enjoying the services of loan apps for years now and UAE is not left out. The Arab Emirates has several android and iOS loan apps available to customers in the country.
Before a loan app is allowed to operate in the Arab country,the lender must comply with all the Islamic Shari'ah lending laws.
Some of the digital money lenders in the United Arab Emirates (UAE) are listed below.
Mobile loan apps in United Arab Emirates (UAE)
Here are the most popular loan apps in the UAE to that we know and are in operation at the moment.
This list of loan apps is not exhaustive. If you find or know of any other app tell us via comments below.
Cashnow loan app
The lender gives up to a maximum of AED 1,500 to the most qualified loan borrowers. Cashnow is the most popular loan app in the UAE.
PayBy loan app
Majoly known as a payment app, PayBy is a loan app available for download on Google play store. With the app a customer can make payments easily.
Lnddo loan app
The app is providing loans to small businesses in the UAE and MENA region. Lnddo specialises in providing short term loans in a move to help businesses grow by gaining working capital.
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