Quickteller Loan: Everything You Should Know

There are many loan apps in Nigeria and you only can choose to use any of them based on the app that meets your needs. One of the numerous loan apps is Quickteller and it is what we shall be talking about in this article.

What is Quickteller Loan?

It is the loan provided by Quickteller. Quickteller allows you to get quick and easy loans through your smartphone. This app uses your credit credibility to determine if you are eligible for a loan or not.

How Does Quickteller Loan Work?

To access loans under Quikteller, you will first of all need to register on their website. You input the necessary details like name email, etc.

After registering, you can dial *3226# and follow the prompts to apply. You can also request a loan via the Quickteller mobile app. The loan app is available for both Android and iOS users. Once you meet the requirements and you are qualified, your loan will be disbursed to your account in minutes.

How Much Can You Get?

You can get up to ₦50,000 as a loan from Quickteller and this depends on your credit score or history.

Loan Eligibility and Requirements

To be eligible for a Quickteller loan, apart from being above 18 years, you must have the following:

  1. An internet-enabled phone or PC
  2. A functional bank account and ATM card
  3. A BVN
READ:  USSD Codes for Quick Loans in Nigeria

What is Quickteller Loan’s Interest Rate?

Quickteller’s interest rate is between 3%-15% over a repayment period of ten days to three months. The interest rate is based on Quickteller’s evaluation of your credit record.

How to Apply for a Quickteller Loan?

Applying for a Quickteller loan is easy. You can do that on their website by clicking https://www.quickteller.com/loan-request and proceed from thereby filling in the necessary details and also saying the amount you want to borrow. You can also make use of the mobile app. Download the mobile app from Playstore for Android or App Store for iOS. You can also make use of the USSD code, *3226#, and follow the voice prompt.

How to Repay a Quickteller Loan?

There are several ways of paying back a QuickTeller loan. The loan can be repaid through a bank card, the mobile app of Quickteller, or at the bank.

Variety, they say is the spice of life. It is always good to have options to pick from. A Quickteller loan is managed by popular electronic payment and digital commerce payment solutions. As such, they bring into the mix credibility, speed and accountability in the whole process of loan disbursement.

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