MTN QwikLoan Ghana – Best tips to get up to GHS1000 in 1 minute
Want MTN Qwikloan? Follow these steps to get your loan disbursed to you in less than 1 minute.
In Ghana, taking out a loan with collateral is difficult, and the procedure is frequently frustrating.
MTN offers mtn QwikLoan, a quick, simple, and convenient way to borrow money in response to these difficulties. Ghanaians can now access money more quickly thanks to MTN QwikLoan.
This article contains details on mtn QwikLoan, including the requirements, application process, and available repayment options.
About MTN QwikLoans in Ghana
Mtn QwikLoan is a financial service that offers subscribers in Ghana quick and convenient loans.
Short-term loans with no collateral are available through MTN Qwikloan, which is paid into a user’s MTN Mobile Money wallet. The loan is available and does not require prior savings.
The timely repayment of your loan is necessary for ongoing access to MTN Qwikloan.
What are the requirements for MTN Qwikloan?
Ghana’s MTN QwikLoan has rules for who is eligible to borrow money. Since it’s virtual, the eligibility check and confirmation are simpler.
You have a better chance of submitting a successful MTN Qwikloan application if you can fulfill the requirements listed below. The following are the requirements for MTN Qwikloan in Ghana:
- The candidate must be at least 18 years old.
- Having an MTN Ghana sim card is required.
- You must have used MTN services for at least 90 days.
- Additionally, you need to use MTN Mobile Money frequently.
- Interested parties must maintain an active e-wallet.
- If you regularly use MTN QwikLoan services, you need to have a strong credit history and score.
Note: If you have a pending loan, that may be the reason you are ineligible for the loan. Prior to applying for a new loan, it is always advisable to pay off an existing loan that is past due.
Make sure your MTN Mobile Money wallet is active as well.
How can I apply for MTN Qwikloan in Ghana?
Now that you know if you qualify for an MTN Qwikloan, you may be wondering how to apply. Your registration information with MTN will be used to process your MTN Qwikloan application.
So, in order to use MTN Qwikloan to borrow money in Ghana, your mobile phone must be registered in your name.
Follow the steps below to apply;
- Dial *170# on your mobile phone.
- Select the number 5 options and click ‘Financial Service’.
- Choose number 3 and select “Qwikloan”.
- Select the option “Get a Loan” and choose the loan amount.
- Then, select the “repayment plan.”
- Input your Mobile Money PIN
Note: MTN will handle your request after your application has been submitted successfully. You will receive an SMS notification if your application is accepted. The notification confirms the loan amount and the time frame for repayment.
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