Has Etisalat Just Removed Subsidy On Borrowing Credit By Doing This?

At the early hours of yesterday, Etisalat subscribers across the country were greeted with this text message;

“Dear Customer, starting from 26^th May 2016 the service fee of 10% on Easy credit borrowed airtime will be 15%.....”

In other words before, Etisalat subscribers used to borrow airtime from Etisalat network at service fee of 10%, but according to Etisalat as you have seen above, that starting from today, those subscribers who borrow airtime from their network will no longer have to pay 10% interest but will from now and henceforth pay at an increased rate of 15%.

I.e. to say before if you borrow N100 from Etisalat, you will be credited with N90 worth of airtime and you will pay back later with N100 amounting to 10% or N10 interest rate but from now on, if you borrow N100 you will be credited with N85 and you will repay N100 at 15% or N15 interest rate.

Our question now is; has Etisalat also removed subsidy on borrowed credits by such move?

Well for those that will still want to borrow at emergency situations, to borrow airtime from Etisalat easy credit, all you need to do is to first of all check whether you are credit worthy by dialling *665*3# and if it happens you are, you can then go ahead to borrow the allowable amount by dialling *655*Amount#

For example if you want to borrow N200, you will dial as follows *555*200#