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Vodafone Cash Ready Loan 2021: Methods To Acquiring 1000Ghc

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Vodafone Cash Ready Loan 2021: Methods To Acquiring 1000Ghc

Vodafone Ghana introduces a simple and easiest way to access cash ready loan for both new and old customers

Acquiring a loan to support yourself in Ghana now is very quick and easy due to the competitive nature of the financial market. If one refuses to offer, the other is ready to offer flexible payment structures which in the long run keeps those customers with them for long.

Recently, Vodafone Ghana together with Consolidated Bank Ghana (CBG), has made it possible to borrow money directly from your Vodafone cash without any third-party app or services.

As many of you had heard of MTN Ghana’s popular loan service called Qwikloan, Vodafone Ghana now has a cash Ready Loan with the Consolidated Bank Ghana.

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What is Vodafone Ghana Ready Loan?

Ready Loan is a credit facility on the Vodafone Cash platform that allows Vodafone subscribers to borrow some amount of money in their Vodafone Cash wallet and repay later with interest.

Who is Eligible for Vodafone Ready Loan?

To qualify for Vodafone Ready Loan, you must be 18 years and above, have an active Vodafone Cash account and be an active Vodafone subscriber.

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How to Get a Loan From Vodafone Ghana – Ready Loan

  • Dial and call *110#
  • Select option 5 Financial Services
  • Choose option 3 Loans
  • Select option 1 Ready Loan
  • Select option 2 Ready Loan Request
  • Choose option 1 Opt-in
  • Enter your VCash PIN to confirm if you have agreed to their terms and conditions.

NB: Note that for now, Vodafone Ghana does not allow new users to choose their preferred amount; they will give you an amount based on how active you are on the platform.

How to Check the Amount You Owe on Vodafone Cash Ready Loan

  • Dial and call *110#.
  • Select option 5 Financial Services.
  • Choose option 3 Loans.
  • Select option 1 Ready Loan.
  • Choose option 3 Check Ready Loan Balance.
  • Select option 1 Continue.
  • Enter your VCash PIN, and your loan balance will be displayed on your screen.

How to Repay Your Vodafone Ready Cash Loan

Follow the steps provided below to repay your Loan?

  • Dial and call *110#
  • Select option 5 Financial Services
  • Choose option 3 Loans
  • Select option 1 Ready Loan
  • Choose option 4 Ready Loan Repayment
  • Enter your VCash PIN and select the amount you want to pay.
  • Confirm it.

How Do I Get a Bigger Loan on Vodafone Cash Ready Loan?

Your loan amount increases base on how active you are on the Vodafone Cash platform. Also, you get a chance to get a bigger loan if you pay your current loan before time.

What Happens If I do not Pay my Loan?

If you fail to pay your loan within 30 days, a late payment charge will be applied, and your information will be submitted to the credit-related institution and blacklisted.

If you fail to pay your loan within 30 days, a late payment charge will be applied, and your information will be submitted to the credit-related institution and blacklisted.

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Terms and Conditions on Vodafone Cash Ready Loan

If you opt-in or register for Vodafone Ready Loan, it means you have allowed Vodafone to share your personal information and credit information with authorized parties for regulatory, collection, and commercial purposes.

Conclusion

Making Vodafone Ready Loan is good if you need urgent money and you don’t have money in your wallet. In order to help make this service stay, pay your Loan within the specified time and avoid late payment, or face the rigours of the law in the step stated above – get blacklisted and get your chances of getting any help from any financial institution busted.

Thanks for reading this article, I hope it helps you get the quick loan for which you landed here. Give us a share and drop a comment about any topic that you will like us to address to write about next.

MTN Quick Loan, How To Apply And Receive Ghc1000

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