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