Some years ago MTN introduced the XtraTime service which other Telco companies quickly joined in revealing theirs. Later, the borrow me data feature was revealed and now a new service dubbed MTN Xtracash; With this service you can borrow real money, oh yes, I said REAL CASH by just dialing a USSD code which I will reveal as we go on!
Using a phone at all that have got an MTN SIM card you can obtain short term loans from MTN. But like we know, every service comes with its own terms. Firstly, you have to be eligible for the service. What do I mean by eligible?
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To be eligible for MTN XtraCash you will need to fulfil a few requirements. See them below
How to be Eligible for MTN Xtracash
- A Diamond Yello Account is needed
- The account must be very active
- Dial *710# to open a Diamond Yello Account
How MTN XtraCash Works
According to MTN Nigeria, you can borrow either N5,000 or N10,000 depending on eligibility which will immediately credited to your account and can be withdrawn as real cash. Let’s say how active your Diamond Account is. Of course, this will drag loads of customers.
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Additionally, you have just 30days maturity period which you will pay 15% interest. Hun? Oh yea 15%
How to Borrow Money (Xtracash) From MTN
- Firstly, Dial *606#
- Select Xtracash from the list
- Select an option meant for apply for loan
- Your Diamond Yello Account will be credited immediately
This should be helpful anyways!
Income Search: How to borrow money from mtn and not pay back #lmao