BTC Lend Frequently Asked Questions
No Credit? No Stress!
- What is the BTC LEND?
- How can a BTC Prepaid subscriber request BTC LEND?
- Can a non-BTC Prepaid customers request BTC LEND?
- How many times can a BTC prepaid subscriber request BTC LEND loans?
- How can a BTC prepaid subscriber payback a BTC LEND loan?
- What is the payback period for the BTC LEND Loan?
- Can a BTC Prepaid subscriber transfer BTC LEND credits to pay off a BTC LEND loan?
- What happens to a BTC prepaid subscriber points, when they repay the BTC LEND loan?
- Is there a charge associated with taking out a BTC loan?
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Q: What is the BTC LEND?A:
BTC LEND is a service that allows BTC prepaid subscribers to access credit advance (loan) for their account. BTC LEND loans can be used for voice calls, data/Internet, and sending SMS.
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Q: How can a BTC Prepaid subscriber request BTC LEND?A:
BTC prepaid subscriber can request a loan by dialing the USSD short code defined for BTC LEND service *536#SND. Subscriber will be able to receive a loan as long as he/she meets all the defined services criteria.
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Q: Can a non-BTC Prepaid customers request BTC LEND?A:
No, non-BTC prepaid customer is unable to request a loan.
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Q: How many times can a BTC prepaid subscriber request BTC LEND loans?A:
A BTC prepaid subscriber may take as many loans as they would like, as long as any prior loan has been paid in full. If there are unpaid balances, the prepaid subscriber will not be able to take on another loan.
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Q: How can a BTC prepaid subscriber payback a BTC LEND loan?A:
A BTC prepaid subscriber may pay back a loan through a recharge purchased through voucher, direct top-up, online top-up international top-up.
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Q: What is the payback period for the BTC LEND Loan?A:
The BTC prepaid subscriber will be prompted to pay back all loans within 15 days to receive points, but ultimately, he will have 30 days to repay the loan.
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Q: Can a BTC Prepaid subscriber transfer BTC LEND credits to pay off a BTC LEND loan?A:
Yes. Now customers can use a transfer to pay off a BTC LEND loan.
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Q: What happens to a BTC prepaid subscriber points, when they repay the BTC LEND loan?A:
All first-time subscribers’ level is set as BEGINNERs, however as the prepaid subscriber repay the loans they are awarded points and levelled to bronze etc..
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Q: Is there a charge associated with taking out a BTC loan?A:
Yes. Customers will be charged a nominal flat fee OF $1.