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Airtel Credit Loan

Airtel

Interest Rate  (15% – 15%)

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Category: Moneylender Tag: Airtime
  • Description

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

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