Description
Airtel Credit Loan
Airtel Credit Loan is a digital lending product licensed by The Nigerian Communications Commission solely for use on the Airtel Nigeria network.
Products
- Airtel Credit Loan Service is a credit loan service that enables eligible customers to borrow data on credit and pay back upon next recharge. The loan is accessed through the *500# code on any airtel registered sim line.
Pros
- Multiple applications allowed
- Flexible credit limit
- Flexible repayment conditions
Cons
- Low amount available to borrow
- There is a service charge
- The loan is automatically deducted from your line
Requirements
- Airtel Prepaid Customers with registered sim
- Customer’s will be considered based on monthly recharge frequency and average spend
- Customer who have paid up any previous loan and associated charges.
- You must be a prepaid customer whose line is not suspended.
- Your sim line must be in use for 3 months.
- Loans are recovered when customers recharge their account via any channel.
- You must have repaid all outstanding loan airtime collected previously
