How do I borrow a loan with USSD code?

Asked by: Gideon Ankunding  |  Last update: December 15, 2022
Score: 4.2/5 (72 votes)

The steps to applying for a loan via USSD are straightforward.
You simply need to:
  1. Know which loan provider you're borrowing from.
  2. Get the functional USSD code.
  3. Meet all specified requirements.
  4. Dial the code.
  5. Follow the prompt.
  6. Get your loan.

What is the code for KwikCash?

With KwikCash, you can access loans of up to N100, 000 just by dialling *561# with your Etisalat line and get credited in minutes.

How can I get a instant loan in 5 minutes?

The best way to get an instant loan in 5 minutes is to borrow from a friend or family member since they can give you cash or use an electronic transfer service to send you money immediately. No reputable companies will send funds to you within minutes or even 1 hour after you apply.

What is the code for Migo loan?

However, you can get a loan using the Migo loan USSD code – *561#.

What is FirstBank Nano loan?

FirstAdvance is a digital lending solution designed to offer convenient and easy access to cash for payroll customers awaiting payment of their salaries. The product is meant for salary earners whose accounts are domiciled with FirstBank and have received regular salaries in the last six months or more.

How to Apply For Instant Loans Using USSD.

41 related questions found

How can I get immediately loan?

You can directly contact a bank/financial institution through its website and check your personal loan eligibility, interest rate, and EMI payable, after which you will be able to apply for the loan online. Once the loan application is approved, the amount will be disbursed to your bank account immediately.

What app Can I borrow money from immediately?

Here are the top 8 apps for cash advances.
  • Dave — Best for Highest Cash Advance.
  • Empower — Best for Quick Cash Advances.
  • Earnin — Best for Earning-based Borrowing.
  • PayActiv — Best for Short-term Loans.
  • Brigit — Best for Same-day Loans.
  • MoneyLion — Best for Multiple Options.
  • Vola — Best for Same-day Cash Advances Up to $300.

How do I borrow money from MTN?

How To Borrow Money From MTN Mobile Money
  1. Dial the short code *170# on your MTN Handset.
  2. Choose option 5 to access the Financial Services option.
  3. Choose option 3 for loans.
  4. Choose option 1 for Qwikloan.
  5. Choose option 1 for Request Loan.
  6. Choose your loan amount.
  7. Confirm your repayment plan (Number of days to payback)

How can I borrow money from BVN?

How To Enroll
  1. Walk into any branch of your Bank.
  2. Fill and submit the BVN Enrolment form.
  3. Present yourself for data capturing (such as Fingerprint, facial Image etc)
  4. An acknowledgment slip with the transaction ID is issued to you.

Can I borrow money from my PalmPay account?

PalmPay is one of the leading FinTech apps in Nigeria. With it you can carry out almost all major banking transactions, utility bills payment and data subscriptions. Good news is not only that you can borrow money from Palmpay, but that there is in fact an interest free loan waiting for you on the app.

How do I borrow 200 from Cash App?

How To Use Cash App Borrow
  1. Open Cash App.
  2. Tap on your Cash App balance located at the lower left corner.
  3. Go to the “Banking” header.
  4. Check for the word “Borrow.”
  5. If you see “Borrow,” you can take out a Cash App loan.
  6. Tap on “Borrow.”
  7. Tap “Unlock.”
  8. Cash App will tell you how much you'll be able to borrow.

How can I get money fast without a loan?

19 Ways to Find Fast Cash
  1. Sell spare electronics. ...
  2. Sell your gift cards. ...
  3. Pawn something. ...
  4. Work today for pay today. ...
  5. Seek community loans and assistance. ...
  6. Ask for forbearance on bills. ...
  7. Request a payroll advance. ...
  8. Take a loan from your retirement account.

Why can't I borrow money from Cash App?

If you see the “Borrow” option in your account, it means you're eligible. Beyond that, the Cash App specialist tells Redditors that these factors could be to blame: State of residence — Cash App Borrow isn't currently available to all US residents.

What is the easiest loan to get approved for?

The easiest loans to get approved for would probably be payday loans, car title loans, pawnshop loans, and personal installment loans. These are all short-term cash solutions for bad credit borrowers in need. Many of these options are designed to help borrowers who need fast cash in times of need.

Who can help me with money urgently in Nigeria?


Paylater is an easy and entirely online lending platform that provides short-term loans to individuals and small businesses in Nigeria to help cover unexpected expenses or urgent cash needs. With Paylater, you can access up to 500,000 Naira loan with no collateral.

How can I get a personal loan from my bank?

How to get a personal loan in 8 steps
  1. Run the numbers. ...
  2. Check your credit score. ...
  3. Consider your options. ...
  4. Choose your loan type. ...
  5. Shop around for the best personal loan rates. ...
  6. Pick a lender and apply. ...
  7. Provide necessary documentation. ...
  8. Accept the loan and start making payments.

Where can I borrow money in Nigeria?

Here are some of the top banks that offer loans without collateral in Nigeria:
  • First City Monument Bank [FCMB] Limited. ...
  • WEMA Bank. ...
  • Stanbic IBTC. ...
  • Zenith Bank. ...
  • Fidelity Bank. ...
  • First Bank. ...
  • United Bank for Africa [UBA] ...
  • GT Bank.

Can I borrow money online?

Online loans are a convenient and fast option for borrowing money. Online personal loans typically have annual percentage rates between 6% and 36%, and amounts range from $1,000 to $100,000. Some online lenders work with borrowers who have fair or bad credit (FICO scores below 690).

Does PalmPay have USSD code?

Recently, PalmPay has announced that customers of both Access bank and Zenith bank can henceforth fund (send money to) their PalmPay wallet using USSD code.

Is Palmcredit loan legit?

The parent company – Newedge Finance Limited is fully licensed by the CBN to operate as a finance company in Nigeria. This means that their operations are fully regulated. So, yes. Palmcredit is approved by the CBN, and it's real.

Which app gives highest loan instantly in Nigeria?

Which are the best instant loan apps in Nigeria?
  • FairMoney.
  • Aella Credit.
  • Umba.
  • Money In Minutes.
  • Lendigo.
  • Migo.
  • QuickCheck.
  • Baobab Loans.

Does Kuda bank give loan?

No paperwork, no embarrassment, just 0.3% daily interest. Kuda Overdrafts are short-term loans you can take anytime as long as you use your Kuda account regularly.