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Access Bank Payday Loan



access bank payday loan

People who need quick cash can apply for an Access Bank payday loan. This type of loan is supposed to be repaid quickly, within a period of two weeks or less. A payday loan can help people dealing with unexpected expenses or needing to cover a short-term shortfall. The loan amount will be based on the borrower’s income and the lender’s decision. Interest rates on a payday loan can be high, so borrowers should be prepared to pay back the loan amount plus interest and fees. Before taking out a payday loan, you should understand how they work and the risks. In this article, I will show you a quick overview of payday loan, how it works, and what you need to know before taking one out.

Payday loan


Access Bank offers payday loans to help people when they need extra money. The loans are generally for small amounts and have a short repayment period. This can be a great way to get people through a challenging financial situation.

If you consider taking out a payday loan, you should keep three (3) things in mind.

1. Make sure you understand the terms of the loan. Payday loans commonly have high-interest rates, so you will want to make sure you can afford the payments

2. Be sure to borrow only what you need. Payday loans are a short-term solution, so only borrow what you can afford to pay back.

3. Make sure you have a plan to repay the loan. Payday loans should not be used as a long-term solution to financial problems.

How to get Access Bank payday loan?

Payday loan

To get a payday loan, you must first create an account with Access bank. Once you do this, you will need to provide the bank with basic information about yourself and your finances. After you have provided the bank with this information, you can apply for a loan. The loan will then be deposited into your account, and you will be able to use it for whatever you want to use it for.

What is Access Bank payday loan USSD?

access bank payday loan

This is a quick and easy way to get a loan from Access Bank. All you need is an android phone with an active data connection. To get started, dial *901*11*1# on your phone and follow the prompts. You can apply for a loan of up to N500,000, and you’ll have the funds in your account in as little as 24 hours.

This USSD code is an excellent option if you need a quick loan and don’t have time to go into a branch or fill out an online application. It’s also a convenient option if you don’t have a computer or a good internet connection. So if you’re in a pinch and need a loan fast, try the Access bank USSD code on your phone.

How to pay back Access Bank payday loan

Access Bank USSD

If you have taken out a payday loan with Access Bank, you may be wondering how you can pay it back. The good news is that there are three main options available to you.

Option One: Is to make the minimum payments each month. This will help you to gradually pay off the loan while still being able to cover your other expenses.

Option Two: Make extra payments each month. This will help you pay off the loan faster and reduce the interest you will have to pay.

Option Three: You can also consider consolidating your payday loan with other debts you may have. This can help you reduce your monthly payments and repay the loan faster.

No matter which option you choose, it is essential to ensure you keep up with your payments.

Pay loan with USSD code

Access Bank payday USSD code


To pay back your Access Bank loan with a USSD code, you will need to follow these steps:

Step One – Dial *901# on your phone

Step Two – Select the “Payments” option

Step Three: Enter your loan amount.

Step Four: Enter your loan account number.

Step Five: Select the “Confirm” option.

Step Six: Enter your PIN to confirm the transaction.

Once you have followed these steps, your loan will be repaid, and you will no longer owe any money to Access Bank.

How to check Access Bank Payday loan balance

Access Bank Balance

After taking Access’s payday loan, checking your balance is relatively straightforward. The first step is to log in to your account on the Access Bank website. Once you’re logged in, you’ll see your account information and the current balance on the dashboard. You can also click on the “Loans” tab to view your loan information, including your current balance.

If you need more help, you can always contact Access Bank customer service. They’ll be able to help you check your balance and answer any other related questions you have about your payday loan account.

However, many customers have complained that they have had difficulty repaying the loan in such a short time frame. In some cases, customers have been unable to repay the loan and have had to default on the debt.

Defaulting on a payday loan can have serious consequences:
The bank will charge the borrower additional fees.
The borrower’s credit score may be negatively affected.
The bank may sue the user.

For these reasons, you must be sure you can afford to repay a payday loan before taking one out. If you are unsure, you should consider another option, such as a personal loan from a bank.

In conclusion, the Access Bank payday loan is an excellent option if you need quick cash. The process is straightforward, and you can get the money you need in hours. If you have any questions about the process or other details, you are free to contact Access Bank directly and find out everything you need.