With Migo, you can get quick and easy loans, just like you could with kwikmoney. More than that, you can easily make purchases online using Migo loans. Getting a loan from Migo is simple and easy.
You probably remember kwikmoney, the instant loan service that became famous for it’s amazing “USSD” code, *561#. You can use this code to get an instant loan within minutes, no questions asked, and no hassles. Well, kwikmoney has re-branded and is now known as Migo.
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How to Get a Loan from Migo (Kwikmoney)
You’ll need to complete a simple authentication process to get started with Migo. Just visit their website, www.migo.money, and enter your phone number. You’ll receive an OTP on your mobile phone for you to verify your identity.
When you verify your identity, you’ll see personalized loan offers displayed you. You can select a loan offer and tenure.
After that, simply enter the details of the bank where you would like to receive your loan. In a few minutes, your account will be credited with your loan amount, with no hassles.
The entire loan process from Migo is extremely simple and streamlined. You don’t need any documentation, and the application process is fast and easy. Loan tenures are incredibly flexible, and the interest rate ranges from 5% upward.
Repaying your Migo (Kwik Money) Loan
In Nigeria, as it is all over the world, repaying your loan on time is a good thing. When you repay your loan faster, your credit rating increase and you can borrow more money.
To refund your loan on Migo, you can use USSD, ATM, or pay online.
To use the USSD option, Simply dial *561# on your mobile phone. (Dial *554*561# if you are on the airtel customers). Once there, select ‘loans,’ then navigate to ‘Pay Loans,’ Select’ Pay from Phone‘ from the various payment options. Select ‘add card’ and then follow the instructions that pop-up in registering your card. Once you do that, you’ll receive a payment confirmed notification.
You can also repay your loan on the Migo website. To do this, simply enter the phone number on the website, then click ‘Pay Loan.’ Next, select the ‘Pay with card option’ from the available payment options. If your card has been saved, select it. If it isn’t, click the ‘add card’ option and follow the subsequent instructions to add a new card, Finally, confirm your payment and wait for a confirmation payment.
You can also repay your loans with cash. Simply visit any of the following banks:
Fidelity Bank, GT Bank, Sterling Bank, UBA Plc, Wema Bank, Keystone Bank, and Access Bank.
You can also make loan repayments via ATM. Click the ‘Quickteller’ option, select ‘Pay Bills,’ then ‘Others.’ Enter ‘04354101’ as the biller’s code. Use the phone number that you registered on Migo as the ‘Customer Reference Number’ and then confirm your payment.
Finally, you can pay back your loan via bank transfer. To do this, you have to log in to the Migo website with the phone number you used for the loan. Select the ‘Pay Loan’ option. Next, select the ‘Bank Transfer’method from the list of payment options. Select your bank from the list and click the button that pops up so that you can continue the payment. You’ll get a code on your phone to dial. You need to transfer to Providus Bank as the recipient bank and use the code that was sent to you.
There you have it. A simple and easy way to get quick and easy loans from Migo (kwikmoney) and repay it. Now, you don’t have to be stranded anymore.