Airtel multiplied credit score loan provider charge price to 15%

Finally, Airtel has joined unhealthy gang by way of growing their credit score loan service charge to fifteen%. It used to be no longer long in the past that MTN elevated their credit mortgage to 15% when Airtel has visible the significant revenue MTN is making for that new alterations, Airtel now made up our minds to develop their credit mortgage provider cost too with a purpose to make revenue too on this Nigeria fiscal recession hmmmmm I consider with a purpose to be impossible.

So the day before today, Airtel sent me a message saying "dear purchaser, with effect from the 24th of October, our credit loan service cost can be 15%. Kindly keep in mind of the alternate. Thanks for opting for AIRTEL."


So this means, whilst you borrow any quantity of credit score from Airtel community, 15naira will be deducted from it immediately. Assuming you borrowed 100naira from Airtel, 15naira will be deducted instantly and it will remain 85naira which could be very bad and if you happen to make a decision to payback, you'll charged the full 100naira.

Yea, Airtel has joined bad gang. Good, Airtel do not consider to try this presently in the core of this monetary recession.