Quickbucks Requirements shows that applicants either hold a salary account with Access Bank or have their salary processed through Remita.
Introduction
Quickbucks is a mobile loan app that works with AccessBank. It is trusted by many people and offers different types of loans to meet various needs. You can get a payday loan, a personal loan, or device financing through Quickbucks.
One of the best things about Quickbucks is that it has simple rules for getting a loan. If you have a salary or regular income, you can apply. This makes it easy for many people to get the money they need without too much hassle.
Quickbucks also has an easy-to-use online portal. This portal lets you manage your loans by yourself. You can check your loan history, see your current loans, find out if you can get another loan, and look at repayment options. This means you have all the information you need at your fingertips.
The portal is designed to be very user-friendly. Even if you are not good with technology, you can easily find your way around.
You can use it anywhere, whether you are at home or on the go. This makes managing your loans very convenient.
Quickbucks is also very clear about the terms of their loans. They tell you everything upfront, like the interest rates and repayment plans. This helps you make smart choices about borrowing money.
Quickbucks cares about lending responsibly. They make sure not to give you a loan that you cannot handle. They look at your financial situation carefully and offer support and advice. This helps you borrow safely and not get into financial trouble.
History and Overview
QuickBucks, owned by Access Bank, has been helping people with loans for 10 years. They offer different kinds of loans like salary-backed loans, turnover loans, and business loans. This means you can get a loan based on your salary, business income, or for business purposes.
QuickBucks makes it easy for everyone to get a loan. You do not need to be an Access Bank customer to apply. Their loans have clear terms. The interest rate can go up to 6.5%. There is also a 1% management fee and a 0.3% fee for Credit Life Insurance.
QuickBucks is known for being simple and straightforward. They help many people and businesses get the money they need without a lot of hassle. Their easy process and clear terms make borrowing money less stressful.
Over the years, QuickBucks has become a trusted name in lending. They focus on making loans accessible and easy to manage. Whether you need money for personal reasons, to support your business, or based on your salary, QuickBucks is there to help.
Requirements
Salary Account
QuickBucks requires that applicants either hold a salary account with Access Bank or have their salary processed through Remita.
This ensures that there is a reliable and verifiable source of income, which is crucial for assessing the applicant’s ability to repay the loan.
Access Bank accounts provide a direct way to track salary deposits, while Remita processing offers an alternative method to verify regular income.
This requirement helps QuickBucks ensure that loans are given to individuals with a stable and verifiable income source.
Minimum turnover of N200,000 in the last 30 days and N500,000 in the last 6-12 months
QuickBucks requires applicants to have a minimum turnover of N200,000 in their accounts over the last 30 days and a higher turnover of N500,000 over the last 6-12 months.
This indicates that the applicant has a consistent flow of funds through their account, suggesting financial stability and the ability to handle loan repayments.
By setting these turnover thresholds, QuickBucks aims to ensure that borrowers have a reliable income stream and are less likely to default on their loans.
This requirement helps QuickBucks assess the financial health and repayment capacity of potential borrowers.
Customers who maintain an average balance of ₦20,000 over six months
QuickBucks requires applicants to maintain an average balance of ₦20,000 in their bank account over a period of six months.
This criterion indicates that the applicant has a history of financial stability and responsible money management.
By consistently maintaining this average balance, the applicant demonstrates the ability to handle their finances effectively and suggests a lower risk of defaulting on loan repayments.
QuickBucks uses this requirement to assess the applicant’s financial discipline and ability to meet loan obligations.