P
Paylater (Polaris) Review
VerifiedCBN LicensedFast loans via USSD from Polaris Bank
3.8
(340 reviews)₦5,000 - ₦500,000
Loan Amount
5-15%
Monthly Interest
14-60 days
Repayment Term
5 minutes
Approval Time
Pros & Cons
Pros
- ✓USSD access (*833#)
- ✓Backed by Polaris Bank
- ✓Fast approval
- ✓No smartphone required
Cons
- ✗Higher interest than bank loans
- ✗Lower limits
- ✗USSD can be confusing
- ✗Limited customer support
How to Apply for Paylater (Polaris) Loan
- 1
Dial *833# on your phone
- 2
Select PayLater option
- 3
Enter BVN for verification
- 4
Choose loan amount
- 5
Confirm and receive funds
User Reviews
C
Chukwudi A.Verified
Owerri
January 2025
Convenient USSD access. Works on my basic phone.
Frequently Asked Questions
What is Polaris PayLater USSD code?
Dial *833# and follow the prompts to access PayLater loans.
Quick Info
- Founded
- 2018
- Headquarters
- Lagos, Nigeria
- CBN Licensed
- Yes
- Disbursement
- Instant
- Last Updated
- 2025-01-19
Requirements
- •Valid BVN
- •Nigerian phone number
- •Bank account
- •Age 18-55 years