Extremism:
GTB's *737*8*2# (salary advance) and *737*51*51# (quick credit) are always life savers. They now help me avoid the embarrassment of asking friends and family members for financial assistance whenever the going gets tough . I have used them several times. The last time I used quick credit, I borrowed N150,000 with a payment plan of 12 months that was more than convenient for me. I however repaid the loan within a month as soon as my account was funded. God bless GTB.

hiroz:

don't be myopic.
all banks in Nigeria are now facing mass retail loan seriously.
its a big source of revenue.
the loan is quite flexible.
at 1.75% monthly that is 21% per annum..
so if you take the loan and repay everything in one month you'll only pay interest for the one month you had the loan running.
you can get up to 5 million and if you repay in 3months you'll only pay interest for the 3 months and not the total 21% per annum..

and the wonderful thing is that the loan is on reducing balance basis so as you repay monthly the interest you pay for the next month keeps reducing..

and those shouting innoson innoson se the ''judgement'' was given months ago what's he waiting for to take over the gtbank branches as you were celebrating then..keep believing lies.

DrManhattan:


So u can actually repay when u feel like?? How do u go about that pls? And pls what's the difference between the salary advance and Quick Credit

ntyce:


Lol, the microlending institutions are no threat to banks.
Rather the CBN has mandated banks to meet the 60% LDR by September ending.

Truest:
If there was love amongst family, they could come together & raise funds for dat struggling hard working brother or sister in d family & back him with prayers (better u pray urself with a sincere heart). They would rather be fighting & killing themselves with witchcraft & making contribution for burial. Nobody gathers to save dat dieing fellow in hospital bed.

All dis borrowing unfavourable money with interest from evil strangers, friends & cut throat institution will not be d concern of many if family is up & doing.

The saying dat a borrower is a slave to d lender is a biblical truth even though I was also guilty.

Explanation: you took 500k from bank or all these demonic lending house including d recent online app u are talking about. Now you are expected to return 750k total at d end of 12 months as an entrepreneur or retailer.

At the end of every month, u are to pay back
Principal =
Interest =

Total monthly payable = 62,500.

Now subtract 62,500 from the initial 500,000 and u are left with 437,500 to continue ur biz

It is called reducing balance & dat is why loan end up being a burden for businesses.

It is good for regular salary earners & those dat need emergency cash who can't wait 1-2 months for their funds to land.

Loan is not structured to favor small scale businesses due to d "reducing balance" effect on principal.

Anyways I don't know d kind of biz u do with 500k dat will earn u 100k profit monthly. Make una tell me. No betnaija & other online get quick rich scheme here. Mention real & tangible biz.

abbasajao:


If you dial the code *737*51*51# and you are unable to access the loan it means your account is not profiled as a salary account. Just approach any nearest branch to get your same account profiled as a salary account and you are good to go.

pocohantas:


I was waiting for someone to type this.

rozayx5:


can one profile a normal savings to salary account?

rozayx5:


can one profile a normal savings to salary account?

Chidexsco8448:
Hi! l received a message from Access Bank dat l am PreQualified to receive a Pay Day loan. l should dial *901*11 for instant cash.

did any fellow got dis type of text msg n what will l do next pls??

l do receive salary on my Union account n nt Access though l bank with dem

wowdiva:

Well I know Diamond Bank give loans too. I got a similar message sometime ago. I needed money a week ago, tried it and was given N40,000. You can also try

Chidexsco8448:
tnx alot. l tried it out by dialing dre *901*11# n ws eligible fr only #8000 fr a start. but l didnt request it cos l ws expecting an amt of #50k n abv

wowdiva:

Maybe money doesn't flow into the account regularly

Chidexsco8448:
yea bro cos l also hv Union bnk acct which is my salary acct wit flows of cash regularly. dat Access acct nah once in awhile l do deposit money or it receives cash

Extremism:


Yes you have the option if you apply for the loan via the GTWorld App which is available on Play Store. You can also pay back the loan immediately you have the funds without waiting for the full tenure to end.

hiroz:

don't be myopic.
all banks in Nigeria are now facing mass retail loan seriously.
its a big source of revenue.
the loan is quite flexible.
at 1.75% monthly that is 21% per annum..
so if you take the loan and repay everything in one month you'll only pay interest for the one month you had the loan running.
you can get up to 5 million and if you repay in 3months you'll only pay interest for the 3 months and not the total 21% per annum..

and the wonderful thing is that the loan is on reducing balance basis so as you repay monthly the interest you pay for the next month keeps reducing..

and those shouting innoson innoson se the ''judgement'' was given months ago what's he waiting for to take over the gtbank branches as you were celebrating then..keep believing lies.

Elzakzaky:

I rushed to comment before reading your post. My bad.
There is a risk free business I can show you. It is a loophole in bet9ja. You will need around #400k to do it.

Konstantine99:

A loan? You think it is safe to take without knowing that it is pretty dangerous if one day you can't return the money to a loan office? Because I already have that situation when my family wanted to take a loan for a car, but we didn't knew that our family budget wouldn't be enough to pay for a loan. So in one day, debt collectors ( I guess that's them frontline-collections.com) came to me, so I was a little scared. Since than I will never take a loan, Ever!

Elzakzaky:

I rushed to comment before reading your post. My bad.
There is a risk free business I can show you. It is a loophole in bet9ja. You will need around #400k to do it.

Extremism:
GTB's *737*8*2# (salary advance) and *737*51*51# (quick credit) are always life savers. They now help me avoid the embarrassment of asking friends and family members for financial assistance whenever the going gets tough . I have used them several times. The last time I used quick credit, I borrowed N150,000 with a payment plan of 12 months that was more than convenient for me. I however repaid the loan within a month as soon as my account was funded. God bless GTB.