Loan applications can be completed quickly. In Ghana, quick loans have changed the manner that banking is done. No longer would you require a guarantor or have to wait in line to apply for a loan.

Quick loans are loans that are granted quickly and are frequently subject to less strict screening and approval procedures. We’ll show you where to acquire quick loans in Ghana in this article.

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List of Quick Loans in Ghana

MTN Qwikloan

MTN customers in Ghana can use Qwikloan, a product that offers loans through mobile money. A maximum of 1,000 Ghanaian Cedis are available at a 6.9% interest rate. You are only permitted to have one Qwikloan at a time, and you must pay it back within 30 days. Failure to pay by the deadline will result in a 12% interest charge on the amount owed.

How to apply for MTN Qwikloan

Dial *170# using the MTN registered number you have.
Choose “Financial Services”
Choosing “Loans,” “QwikLoan,” and “Get a loan” in that order.
Enter your PIN.
You should enter the amount you want to borrow. The minimum loan amount for first-time applicants is often 50 Ghana Cedis.
Verify that you are aware of the repayment terms and that you are willing to accept the loan amount specified.Once the funds have been deposited into your mobile money account, you will receive a text message confirming it.

Fido Loan

You don’t need a guarantor or collateral to acquire a Fido loan, much like other sites for quick loans in Ghana. You can apply for the loan in person at one of their locations or online using your smartphone. New borrowers are permitted to borrow 200 Ghana Cedis and repay it within 30 days.

New clients’ interest rates begin at 14% for 30 days. The 8% for 30-day loan has the lowest interest rate. You are eligible for up to 1,000 depending on your capacity to meet the predetermined payback terms.

How to apply for Fido Loan

Install the app from Google Play.
Complete the application form.
Within a short time, get the money. You are entitled to a greater loan amount if you make your payments on time.

MTN Xpress Loan

In Ghana, MTN is providing another fast mobile loan. It’s accessible to MoMo customers who frequently recharge their MTN numbers with airtime using mobile money and utilize their mobile money accounts consistently.

It is significant to remember that this credit product’s fees are variable. Thus, while requesting a loan, it is crucial to study the terms.

How to apply

Dial *170#
Choose “Financial Services.”
In that order, choose “loans,” “XpressLoan,” and then “Get a loan.”
Your PIN for your mobile payment account
To choose your preferred amount, click “View Offers.” The selections typically range from 50 to 1000 Ghanaian Cedis
Verify the agreed-upon repayment schedule.

Carbon Loan Ghana

You can obtain a loan in Ghana via the Paylater loan app, now known as the Carbon app, without providing any collateral, paperwork, or guarantors. One of the unique features of Carbon is that you can receive a discount on your subsequent loan if you refer a friend who successfully completes their credit card transaction.

Additionally, sticking to the agreed-upon payback conditions enables you to gradually receive higher sums. In addition to personal loans, you can use Carbon to apply for no-collateral business loans in Ghana.

How to Get Carbon Loan

The procedure is easy to understand. You must submit an online form along with current identification documents, bank statements, and a passport photo. You will receive money in your bank account after your application has been evaluated and accepted.

How to get Quick Loan in Ghana?

Obtaining a fast loan has never been simpler. You must first download the app where you wish to obtain your money. After that, you enter your personal data and attach all the needed paperwork. You submit them, and then you wait for them to be examined.

Your request will then either be accepted or rejected. Because there are so many lenders available nowadays, mobile money loans have made borrowing simple in Ghana. Up to GHC 15,000 may be borrowed with repayment terms of 30, 60, or 90 days.

Read Also: HOW TO PAY BACK FIDO LOAN

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Source: http://loansinghana.com