How To Borrow Money Using MTN XtraCash And Pay Later

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MTN XtraCash  is a new services from MTN allowing users to borrow money just like borrowing recharge card. The aim of the service is to grant customers access to short-term Micro Credit loans by using their mobile phones. In this post we will be showing you, how to borrow money using MTN XtraCash. To do this, follow the step below.

How to Apply for MTN XtraCash Service

Customers on the MTN platform can access the MTN XtraCash Service by dialing this short code *606# and select XtraCash on the menu. This will lead you to another page where you will be provided with the option to apply for the loan. When you have successful complete the page, your MTN Yello account will be credited.

Things To Note:

  1. Customers can access or borrow between N5,000 or N10,000 based on eligibility but this is applicable to only MTN customers.
  2. Your loans are receive in your Diamond Yello Account with an interest rate of 15%.

As you can see, you did a Diamond Yello Account to access the loan, to open an account, simply dialing *710# from your mobile phone. If you have any question about this post, simply use to comment box below to let us know.

 

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