Xtracash Loan: How To Apply and Repay

Xtracash is a money lending platform that offers convenient and instantaneous short term loans to individuals.

The money lending company was founded by young minds whose goal is to enable financial inclusion through technology. 

The loan can only be accessed through Quickteller a subsidiary of Interswitch, a third party financial technology-driven company and is available for only residents of Nigeria, Ghana and Zambia.

See also: How To Apply, Repay & Extend Migo Loan

Xtracash Loan Application Process

To get a loan from Xtracash, there are 3 boxes to tick and they are:

1. Create a Quickteller account

2. Add a debit card to your Quickteller account

3. Apply for the loan

See also: Best Loan Apps In Nigeria 2021

Steps on How to Create a Quickteller Account:

Follow the steps mentioned below to create a Quickteller account:

1. Click here to visit Quickteller sign up page

2. Enter your first name, last name, email address and phone number

3. Enter your preferred choice of password

4. Enter the email address or phone number of the person that referred you to Quickteller (this is optional)

5. 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 

6. Next, click continue to verify your phone number 

7. Enter the OTP sent to your phone on the Quickteller sign up web page 

Congratulations, you have successfully created your Quickteller account.

See also: UBA Loan For Non-Salary Earners

How to Add a Debit Card to your Quickteller Account:

Before you apply for a loan, you will be required to add a debit card

to your account, follow the steps mentioned below to do that:

1. Locate “payment method” on your Quickteller dashboard and click on it 

2. Click on “Cards”

3. Click “Add”

4. Enter your card details 

5. Enter your card pin

6. Now click continue 

See also: How To Get A Loan From Aella Credit

How to Get a Loan from Xtracash

Follow the steps mentioned below to get a loan from Xtracash:

1. Click here to visit Quickteller log in page

2. Enter your email address and password, then click login

3. Locate “Loan” on your dashboard and click on it 

4. Now click “Request Loan” 

5. You will see a list of loan offers, locate the ones name Xtracash and choose the particular loan amount you and tenor you will be going for

6. After making your decision, click on your choice 

7. Now select the account you want to be credited 

8. Enter your password to authenticate the transaction

You have successfully applied for Xtracash loan, the loan amount will be in your bank account in less than 3 minutes.

See also: Carbon Loan Application|Is It Legit?

How to Repay Xtracash Loan 

Two (2) methods can be used to repay your Xtracash loan and they are:

1. Quickteller 

2. USSD code

See also: How Do I Qualify For FCMB Fast Cash Loan?

Quickteller:

You can easily repay your Xtracash loan on Quickteller’s website by following the steps mentioned below:

1. Click here to visit Quickteller log in page

2. Enter your email address and password, then click login

3. Locate “Loan” on your dashboard and click on it 

4. Your active loan will immediately display on your screen, click on it

5. Now click “Repay Loan” 

6. Enter the card details of the account you want the money to be deducted from

7. Enter your card pin and click pay 

8. Enter the 7 digits OTP sent to you via SMS and click pay. You should get a message that says you have successfully paid your loan

See also: How To Repay Migo Loan With Quickteller

USSD Code:

Once your loan repayment date is a few days close, you will get an SMS from Xtracash reminding you of your loan repayment. In this message, you will also be presented with an opportunity to pay before the due date, you will see a USSD code.

To repay your Xtracash loan using USSD code, dial *322*6#.

Originally posted on October 12, 2021 @ 9:29 pm