Xtracash loan app is one of Nigeria’s leading online loan apps that offers quick and convenient financial solutions. In today’s fast-paced world, unexpected expenses can arise anytime, and Xtracash is here to provide instant access to funds when you need them the most.
Whether it’s for urgent medical bills, home repairs, or any other financial emergencies, Xtracash is designed to offer a seamless borrowing experience with minimal requirements and a fast approval process.
With Xtracash, you can easily apply for a loan from the comfort of your own home using your smartphone. Let’s explore how the Xtracash loan app can help you meet your financial needs in a hassle-free manner.
About Xtracash
Xtracash is a revolutionary money lending platform that provides individuals with convenient and instant short-term loans. Founded by a team of young entrepreneurs, Xtracash aims to promote financial inclusion through the power of technology.
This innovative loan service can be accessed exclusively through Quickteller, a subsidiary of Interswitch, a leading financial technology company. Currently available for residents of Nigeria, Ghana, and Zambia, Xtracash offers a seamless and efficient way to obtain cash loans.
With Xtracash, you can conveniently access funds to pay bills, make purchases, perform P2P transfers, buy Airtime, and even cash out directly from your mobile through the Quickteller website or USSD code.
Requirements for Applying for Xtracash Loan
To qualify for an Xtracash loan, the following requirements must be met:
- You must have no outstanding loans with XTRACASH
- To be a regular user of your wallet and Airtime account.
- Be above the age of 18 years old.
- Have a positive repayment history with Xtracash.
- Create a Quickteller Account.
- Add a debit card to your Quickteller account.
Note: Customers must also be advised that they can initiate an early repayment of the loans. In partial payment, the service recovers the fee first, then the principal. Any unpaid loans after maturity shall automatically be extended for another month.
How to Create a Quickteller Account
Before getting an Xtracash loan, one must first create a Quickteller account. To do this, follow these steps:
- Visit the Quickteller sign-up page
- Enter your first name, last name, email address, and phone number.
- Generate a one-type password.
- Check your email address for a welcome message from Quickteller. In the email, you will find a 7-digit activation code, copy it and paste it on the Quickteller sign-up web page.
- Next, click Continue to verify your phone number.
- Enter the OTP sent to your phone on the Quickteller sign-up web page.
That’s it; you have successfully created your Quickteller account.
How to Apply for Xtracash Loan
Applying for an Xtracash loan is super easy; follow the steps below to apply:
- Visit the Quickteller login page
- Enter your email address and password, then click login.
- Locate “Loans” on your dashboard and click on it.
- Next, click “Request Loan.”
- You will see a list of loan offers, locate the ones under the name Xtracash and choose the loan amount you want, along with the loan tenor.
- Now select the bank you want to be credited to.
- Enter your password to authorize the transaction.
Xtracash Loan USSD Code
To access the Xtracash loan option via USSD Code, dial *322# and follow the prompts.
Xtracash Loan Repayment
Once your loan repayment date is a few days close, you will get an SMS from Xtracash reminding you of your repayment. In this message, you will also be allowed to pay before the due date; you will see a USSD code.
To repay your Xtracash loan using the USSD code, dial *322*6#.
Frequently Asked Questions
How Long Does an XtraCash Loan Last?
An Xtracash loan only lasts for 30 days.
What is Xtracash’s Interest Rate?
Xtracash loan interest rate is between 3%-15%.
How Long Does it Take to Receive Xtracash Loan?
Once the loan application is successful, it takes 24 hours to receive an Xtracash loan.
How much Can I Borrow from Xtracash?
You can borrow up to N500,000.
How do I Check my Loan Balance?
You can check your Xtracash loan balance by dialing *322*6# or visiting the Quickteller website.
Bottom Line
Xtracash is a leading online lending platform in Nigeria that offers individuals a convenient and efficient way to access short-term loans. With its commitment to financial inclusion and the power of technology, Xtracash provides instant loan solutions through its partnership with Quickteller, a subsidiary of Interswitch.
Whether you need funds for bill payments, purchases, peer-to-peer transfers, or mobile airtime top-ups, Xtracash has covered you. Nigeria, Ghana, and Zambia residents can easily apply for and receive loans directly on their smartphones.
Xtracash is transforming the lending landscape by providing quick, accessible, and reliable financial solutions to meet the needs of individuals across the region.
